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5900 36TH AVE W 2025-01-06
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5900 36TH AVE W 2025-01-06
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Last modified
1/6/2025 3:28:40 PM
Creation date
12/18/2024 2:51:38 PM
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Address Document
Street Name
36TH AVE W
Street Number
5900
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17-57381 <br /> OTHER LIABILITIES, INCLUDING THOSE ARISING FROM OR ATTRIBUTED TO ANY <br /> OTHER ALLEGED OR ACTUAL NEGLIGENCE, INTENTIONAL ACTS, OR STRICT <br /> LIABILITY OF ANY INDEMNITEE. <br /> 13.6 Upon written notice from Licensor, Licensee agrees to assume the defense of any lawsuit <br /> or other proceeding brought against any Indemnitee by any entity, relating to any matter <br /> covered by this License for which Licensee has an obligation to assume liability for and/or <br /> save and hold harmless any Indemnitee. Licensee shall pay all costs and expenses <br /> incident to such defense, including, but not limited to, reasonable attorneys' fees, <br /> investigators'fees, litigation and appeal expenses,settlement payments,and amounts paid <br /> in satisfaction of judgments. <br /> 14. Personal Property Risk of Loss. ALL PERSONAL PROPERTY,INCLUDING, BUT NOT LIMITED <br /> TO,FIXTURES, EQUIPMENT, OR RELATED MATERIALS UPON THE PREMISES WILL BE AT <br /> THE RISK OF LICENSEE ONLY,AND NO INDEMNITEE WILL BE LIABLE FOR ANY DAMAGE <br /> THERETO OR THEFT THEREOF, WHETHER OR NOT DUE IN WHOLE OR IN PART TO THE <br /> NEGLIGENCE OF ANY INDEMNITEE. <br /> 15. Insurance. Licensee shall, at its sole cost and expense, procure and maintain during the term of <br /> this License the following insurance coverage: <br /> 15.1 Commercial General Liability "CGL" Insurance. <br /> a. The policy will provide a minimum of$5,000,000 per occurrence and an aggregate limit <br /> of at least$10,000,000 but in no event will the coverage be in an amount less than the <br /> amount otherwise carried by Licensee. Coverage must be purchased on a post 2004 <br /> ISO occurrence form or equivalent and include coverage for, but not limited to, the <br /> following: <br /> ■ Bodily Injury and Property Damage <br /> ■ Personal Injury and Advertising Injury <br /> ■ Fire legal liability <br /> ■ Products and completed operations <br /> ■ Contractual Liability for an "Insured Contract" consistent with the definition under <br /> the standard ISO general liability policy form. <br /> b. This policy will include the following endorsements or language, which shall be <br /> indicated on or attached to the certificate of insurance: <br /> ■ The definition of"Insured Contract" will be amended to remove any exclusion or <br /> other limitation for any work being done within 50 feet of Licensor's property; <br /> ■ Waiver of subrogation in favor of and acceptable to Licensor; <br /> ■ Additional insured endorsement in favor of and acceptable to Licensor and Jones <br /> Lang LaSalle Brokerage, Inc. to include coverage for ongoing and completed <br /> operations; <br /> ■ Separation of insureds; <br /> ■ The policy shall be primary and non-contributing with respect to any insurance <br /> carried by Licensor. <br /> c. The parties agree that the workers' compensation and employers' liability related <br /> exclusions in the CGL policy(s) are intended to apply to employees of the policyholder <br /> and will not apply to Licensor's employees. <br /> d. No other endorsements that limit coverage with respect to Licensee's obligations under <br /> this agreement may be included on the policy <br /> 15.2 Business Automobile Insurance. <br /> 32330630.2 7 Form 424;Rev.20190916 <br />
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