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<br />8.0. INSURANCE <br /> <br />EVERETT will maintain at all times during the term of this Agreement, satisfactory limits of insurance <br />and/or self-insurance to protect against claims arising out of this Agreement. Such insurance or self- <br />insurance shall include General Liability, Business Automobile Liability, and Workers' Compensation in <br />accordance with statutory requirements under Title 51 RCW. <br /> <br />Each Party will require and cause its respective subcontractors of all tiers to maintain such insurance as <br />described above in sufficient amounts to protect the interest of the Parties. Such insurance shall be <br />confirmed by a Certificate of Insurance prior to commencement of the work. <br /> <br />The Parties hereby agree to require their respective insurers and their respective subcontractors of all <br />tiers, to waive subrogation rights against the other Party and such other Party's insurers. <br /> <br />It is understood and agreed that insurance and/or self-insurance provided by the Parties under this <br />Agreement is not intended to and shall not in any manner limit or qualify the liabilities and obligations <br />assumed by the Parties or their Contractors of any tier under their respective contracts or imposed by <br />applicable laws or regulations. <br /> <br />9.0. TERMINATION OF AGREEMENT <br /> <br />9.1. Termination for Default <br /> <br />Either Party may terminate this Agreement, in whole or in part, if the other Party substantially fails to fulfill <br />any or all of its obligations under this Agreement through no fault of the other Party, provided that insofar <br />as practicable, the Party terminating the Agreement will give: <br /> <br />a. Notice of intent to terminate at least thirty (30) calendar days prior to the date of termination stating <br />the manner in which the other Party has failed to perform the obligations under this Agreement; and <br />b. An opportunity for the other Party to cure the default. If EVERETT is the party in default, PSRC <br />shall provide an opportunity of EVERETT to cure the default as provided in Section 14.2. If PSRC <br />is the party in default, EVERETT shall give PSRC a Notice of Termination stating the time period in <br />which cure is permitted and any other appropriate conditions. <br />c. Provided however, that if PSRC’s funding agency terminates financial support for the project at any <br />time, either party shall have the right to immediately terminate this Agreement by giving written <br />notice thereof. <br /> <br />If the other Party fails to remedy the default or the breach to the satisfaction of the other Party within the <br />time period established in the Notice of Termination or any extension thereof granted by the Party not at <br />fault, the other Party may terminate this Agreement. However, any terms of this Agreement relevant to a <br />dispute that is unresolved at the time of termination shall survive until the dispute is finally resolved. <br /> <br />9.2. Termination for Convenience <br /> <br />Either Party may terminate this Agreement, in whole or in part, for its convenience provided that the <br />terminating Party shall provide the other Party with an advance notice of at least thirty (30) calendar days. <br /> <br />9.3. Notice of Termination <br /> <br />Notice of termination shall be given by the Party terminating this Agreement to the other Party in writing. <br />The notice shall specify the effective date of termination, which shall not be sooner than the non- <br />terminating Party’s receipt of the notice. <br /> <br />9.4. Rights and Duties of Parties Upon Termination <br /> <br />A termination by any Party shall not extinguish or release either Party from liability, claims, or obligations <br />to third parties existing as of the time of termination. Any costs incurred prior to the effective date of <br />termination will be borne by the Parties in accordance with the terms of this Agreement and this Section.