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5. ADMINISTRATION AND REGULATION <br /> 5.1. Authority <br /> A. The City shall be vested with the power and right to reasonably regulate the exercise of the <br /> privileges permitted by this Franchise in the public interest, or to delegate that power and right, or <br /> any part thereof,to the extent permitted under law to any agent in its sole discretion. <br /> B. Nothing in this Franchise shall limit nor expand the City's right of eminent domain under State <br /> law. <br /> 5.2. Time Limits Strictly Construed <br /> Whenever this Franchise sets forth a time for any act to be performed by Grantee, such time shall be <br /> deemed to be of the essence, and any failure of Grantee to perform within the allotted time may be <br /> considered a material breach of this Franchise, and sufficient grounds for the City to invoke any <br /> relevant remedy. <br /> 6. FINANCIAL AND INSURANCE REQUIREMENTS <br /> 6.1. Indemnification <br /> 6.1.1. GENERAL INDEMNIFICATION <br /> Grantee shall indemnify, defend and hold the City, its officers, officials, boards, commissions, <br /> agents and employees, harmless from any action or claim for injury, damage, loss, liability, cost or <br /> expense, including court and appeal costs and attorneys' fees or expenses, arising from any casualty <br /> or accident to Person or property, including,without limitation, copyright infringement, defamation, <br /> and all other damages in any way arising out of, or by reason of, any construction, excavation, <br /> operation, maintenance, reconstruction, or any other act done under this Franchise, by or for <br /> Grantee, its agents, or its employees, or by reason of Grantee's conduct. Grantee shall consult and <br /> cooperate with the City while conducting its defense of the City. <br /> 6.1.2. INDEMNIFICATION FOR RELOCATION <br /> Grantee shall indemnify the City for any damages, claims, additional costs or expenses assessed <br /> against, or payable by, the City arising out of, or resulting from, directly or indirectly, Grantee's <br /> failure to remove, adjust or relocate any of its Facilities in the Rights-of-Way in a timely manner in <br /> accordance with any relocation required by the City. <br /> 6.1.3. PROCEDURES AND DEFENSE <br /> If a claim or action arises, the City or any other indemnified party shall promptly tender the defense <br /> of the claim to Grantee, which defense shall be at Grantee's expense. The City may participate in <br /> the defense of a claim and, in any event, Grantee may not agree to any settlement of claims <br /> affecting the City without the City's approval. <br /> 11 of 29 <br />