Laserfiche WebLink
17-57381 <br /> a. The insurance will provide minimum coverage with a combined single limit of at least <br /> $1,000,000 per accident, and include coverage for, but not limited to the following: <br /> ■ Bodily injury and property damage. <br /> ■ Vehicles non-owned or hired. <br /> b. The policy will include the following endorsements or language,which will be indicated <br /> on or attached to the certificate of insurance: <br /> ■ Waiver of subrogation in favor of and acceptable to Licensor; <br /> ■ Additional insured endorsement in favor of and acceptable to Licensor; <br /> ■ Separation of insureds; <br /> ■ The policy shall be primary and non-contributing with respect to any insurance <br /> carried by Licensor. <br /> 15.3 Workers' Compensation and Employers' Liability Insurance. <br /> a. The policy will provide coverage of all employees performing any part of the <br /> installation or maintenance of the Pipeline including coverage for, but not limited to: <br /> ■ Licensee's statutory liability under the workers' compensation laws of the state(s) <br /> in which the work or services under this agreement are to be performed. The policy <br /> will cover all of Licensee's employees, regardless of whether such coverage is <br /> optional under the law of that state(s). <br /> ■ Employers' Liability (Part B) with limits of at least $500,000 each accident, <br /> $500,000 by disease policy limit, $500,000 by disease each employee. <br /> b. The policy will include contain the following endorsements or language,which shall be <br /> indicated on or attached to the certificate of insurance: <br /> ■ Waiver of subrogation in favor of and acceptable to Licensor. <br /> 15.4 Railroad Protective Liability Insurance. The policy will name only Licensor as the Insured <br /> and will provide coverage of at least$5,000,000 per occurrence and $10,000,000 in the <br /> aggregate. The coverage obtained under this policy shall only be effective during the initial <br /> installation and/or construction of the Pipeline. THE CONSTRUCTION OF THE PIPELINE <br /> SHALL BE COMPLETED WITHIN ONE (1) YEAR OF THE EFFECTIVE DATE. If further <br /> maintenance of the Pipeline is needed at a later date, an additional Railroad Protective <br /> Liability Insurance Policy shall be required. The policy will be issued on a standard ISO <br /> form CG 00 35 12 04 or other reasonably comparable form, and include the following: <br /> ■ Endorsed to include the Pollution Exclusion Amendment. <br /> ■ Endorsed to include the Limited Seepage and Pollution Endorsement. <br /> ■ Endorsed to remove any exclusion for punitive damages. <br /> ■ Endorsed to include Evacuation Expense Coverage Endorsement. <br /> ■ No other endorsements restricting coverage may be added. <br /> ■ The original policy must be provided to Licensor and Licensee shall not perform any <br /> work or services of any kind under this agreement until Licensor has reviewed and <br /> approved the policy. <br /> ■ The definition of"Physical Damage to Property"will be endorsed to read:"means direct <br /> and accidental loss of or damage to all property owned by any named insured and all <br /> property in any named insured's care, custody and control(including, but not limited to <br /> rolling stock and their contents, mechanical construction equipment or motive power <br /> equipment, railroad tracks, roadbeds, catenaries, signals, tunnels, bridges and <br /> buildings) arising out of the acts or omissions of the contractor named on the <br /> Declarations." <br /> In lieu of providing a Railroad Protective Liability Policy, for a period of one (1) year from <br /> the Effective Date, Licensee may participate in Licensoe's Blanket Railroad Protective <br /> Liability Insurance Policy available to Licensee or its contractor. The limits of coverage are <br /> the same as above. The cost is$1,266.00. <br /> 32330630.2 8 Form 424;Rev.20190916 <br />