Laserfiche WebLink
Construction Liability Insurance <br />#7.03. Sublessee agrees to obtain and maintain (to the extent <br />reasonably procurable) construction liability insurance at all <br />times when demolition, excavation, or construction work is in <br />progress on the premises. This insurance shall be carried by <br />insurance companies authorized to transact business in the State of <br />Texas, selected by Sublessee and approved by Sublessor and the City <br />of Paris, and shall be paid for by Sublessee. The insurance shall <br />have limits of not less than $1,000,000 combined single limit <br />policy for one accident for personal injury and property damage, or <br />in the amount required by the Texas Torts Claims Act as applied to <br />cities, whichever is greater, and shall protect Sublessor, the City <br />of Paris, and Sublessee, as well as any other person or persons <br />Sublessee may designate, against all liability for injury or damage <br />to any person or property in any way arising out of demolition, <br />excavation, or construction work on the premises. <br />Certificates of Insurance <br />#7.04. Sublessee shall furnish Sublessor and the City of <br />Paris with certificates of all insurance required by this article. <br />Sublessee agrees that if it does not keep this insurance in full <br />force and effect, Sublessor may declare this sublease, and all <br />rights and interest created by it, to be terminated, <br />notwithstanding the provisions of # 11.01., below. <br />Indemnification of Sublessor <br />#7.05. Sublessor shall not be liable for any loss, damage, or <br />injury of any kind or character to any person or property arising <br />from any use of the subleased premises, or any part of the <br />subleased premises, or caused by any defect in any building, <br />structure, improvement, equipment, or facility on the subleased <br />premises or caused by or arising from any act or omission of <br />Sublessee, or of any of its agents, employees, licensees, or <br />invitees, or by or from any accident, fire, or other casualty on <br />the land, or occasioned by the failure of Sublessee to maintain the <br />premises in safe condition. Sublessee waives all claims and <br />demands on its behalf against Sublessor and the City of Paris for <br />any such loss, damage, or injury, and agrees to indemnify and hold <br />Sublessor and the City of Paris entirely free and harmless from all <br />liability for any such loss, damage, or injury of all other <br />persons, and from all costs and expenses arising from any claims or <br />demands of other persons concerning any such loss, damage, or <br />inj ury . <br />10 <br />