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11 - Lake Gibbons Pasture Lease Agreement Renewal
City-of-Paris
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11 - NOVEMBER
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November 13
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11 - Lake Gibbons Pasture Lease Agreement Renewal
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11/9/2023 1:56:26 PM
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FOR ANY SUCH DAMAGES OR INJURIES, AND LESSEE MUST, AT ALL TIMES DURING <br />THE TERM OF THIS LEASE, AND ANY EXTENSIONS HEREOF, KEEP AND MAINTAIN, IN <br />FULL FORCE AND EFFECT, A POLICY OR POLICIES OF GENERAL COMMERCIAL <br />LIABILITY INSURANCE, PROVIDING COVERAGE OF AT LEAST $250,000.00 PER <br />PERSON AND $500,000.00 FOR ANY SINGLE OCCURRENCE FOR BODILY INJURY OR <br />DEATH AND $100,000.00 FOR ANY SINGLE OCCURRENCE FOR INJURY TO OR <br />DESTRUCTION OF PROPERTY, INDEMNIFYING ALL PERSONS FOR ANY AND ALL <br />DAMAGES, PERSONAL INJURIES, OR PROPERTY DAMAGES SUSTAINED IN OR UPON <br />THE LEASED PREMISES, OR ANY PART THEREOF, AS THE RESULT OF THE <br />NEGLIGENCE OF LESSEE, HIS INVITEES, AGENTS, SERVANTS, OR EMPLOYEES, AND <br />SHALL PAY ALL PREMIUMS DUE THEREON WHEN DUE. IT IS EXPRESSLY PROVIDED <br />THAT SUCH INSURANCE POLICY OR POLICIES SHALL AND MUST BE WRITTEN AND <br />ISSUED BY A REPUTABLE INSURANCE COMPANY OR COMPANIES LICENSED TO WRITE <br />INSURANCE POLICIES IN THE STATE OF TEXAS, LISTING LESSOR, ITS ELECTED <br />OFFICIALS, OFFICERS AND EMPLOYEES AS AN ADDITIONAL INSURED, SUBJECT TO <br />APPROVAL BY THE CITY ATTORNEY OF THE CITY OF PARIS, AND LESSEE OR HIS <br />INSURANCE CARRIER OR CARRIERS SHALL DELIVER A COPY OF ANY SUCH POLICIES <br />TO THE CITY CLERK OF THE CITY OF PARIS, 150 1ST STREET S.E., PARIS, TEXAS <br />75460, OR FURNISH TO SAID CITY CLERK A CURRENT LETTER OR CERTIFICATE <br />FROM SUCH COMPANY OR COMPANIES, EVIDENCING THE FACT THAT SUCH <br />INSURANCE IS IN FULL FORCE AND EFFECT AT ALL TIMES DURING THIS LEASE, AND <br />ANY EXTENSION HEREOF, AND SPECIFICALLY NOTING THEREON THAT LESSOR IS AN <br />Pasture Lease Agreement - Page 4 <br />
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