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4/23/13 9 <br />improvements owned by such Owner. Taxes shall include, without limitation, assessments and <br />fees levied with respect to any special assessment district within which the Property is located. <br />8. Signs. No signs, temporary or permanent, including animated or electronic <br />copy/messages, shall be located on the structure (except signs identifying businesses conducted <br />therein and located per Section 3.6 and directional parking and informational signs either <br />installed or approved by the City). All signage shall be in compliance with all applicable laws <br />and City requirements based on the “Downtown San Leandro Design Guidelines and Principles <br />(2007)” that may be amended from time to time, and shall be subject to the prior approval of <br />City. <br />9. Indemnification and Insurance. <br /> 9.1 Indemnification. Each Owner, and its successors and assigns, hereby agrees to <br />defend, indemnify, and hold the other Owner and its members, managers, officers, directors, <br />officials, employees, representatives, consultants, and contractors harmless from and against any <br />and all liability, damage, expense (including reasonable attorneys’ fees), causes of action, suits, <br />claims or judgments arising from personal injury, death or property damage occurring on or from <br />its own Parcel, except to the extent caused by the act or negligence of the indemnified party. <br />Each Owner covenants and agrees to keep or cause to be kept their respective Parcel(s) and the <br />improvements thereon, free and clear of and from any and all mechanics’, materialmen’s, and <br />other similar liens arising out of or in connection with the operations thereon or other activities <br />undertaken by such Owner or others claiming under such Owner, and to pay and discharge when <br />due any and all lawful claims upon which any such lien may or could be based, and to save and <br />hold the other Owner’s Parcel(s) and the improvements thereon, free and harmless of and from <br />any and all such liens and any and all claims of liens and suits or other proceedings pertaining <br />thereto. <br /> 9.2 Liability Insurance. <br /> (i) Coverage. Each Owner shall procure and maintain in full force and effect <br />throughout the period of its ownership of a Parcel, commercial general liability insurance (or its <br />equivalent) on an occurrence basis, in combined policy limits of not less than One Million <br />Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) in the aggregate, <br />with commercially reasonable deductibles, insuring the Owner (as named insured) and the other <br />Owner (as additional insureds) against all claims, demands, actions, suits or proceedings initiated <br />or made by or for any person as a result of bodily injury (including death), personal injury or <br />property damage (i) occurring upon, in, or about such Owner’s Parcel or (ii) arising from any <br />acts or omissions of such Owner or any of its agents or employees. Such insurance may be <br />written by additional premises endorsement on any master policy of insurance carried by the <br />Owner which may cover other property in addition to the property covered by this Agreement. <br /> (ii) Liability Insurance Requirements. All commercial general liability <br />insurance policies shall insure for contractual indemnity and contain a cross-liability <br />endorsement. All insurance coverage required to be carried under this Section 9.2 shall be <br />carried with insurance companies that are (i) licensed to do business in California, and (ii) rated <br />in the then-most current Best’s Insurance Guide (or any successor thereto) as having a general