A. No franchise shall be valid or effective until and unless the City obtains an adequate indemnity from the grantee. To the extent permitted by law, the indemnity must:
1. Release the City from and against any and all liability and responsibility in or arising out of the construction, operation, repair or maintenance of the cable communications system; and
2. Indemnify and hold harmless the City, its elected and appointed officials, agents, and employees, from and against any and all claims, demands, or causes of action of any kind or nature, and the resulting losses, costs, expenses, reasonable attorneys' fees, liabilities, damages (including consequential damages), orders, judgments, or decrees sustained by the City or any indemnified party rising out of, or by reason of, or resulting from or arising out of the acts, errors, or omissions of the cable communications system operator, or its agents, independent contractors or employees related to the construction, operation and/or repair of the system.
(Ord. No. 2001-014 § 2)