(A) Franchisee shall, at all times, keep in effect the following types of coverage:
(1) Worker's compensation.
(2) Property damage liability insurance to the extent of $250,000 as to each occurrence and $250,000 aggregate, and personal injury liability insurance to the extent of $500,000 as to each occurrence and $500,000 aggregate; excess bodily injury and property damage of $1,000,000.00 each occurrence and 1,000,000 aggregate; automobile bodily injury and property damage liability combined $1,000,000.00 each occurrence.
(B) Franchisee shall indemnify, protect, and save harmless Grantor from and against losses and physical damage to property and bodily injury or death to persons, including payments made under any worker's compensation law which may arise out of the erection, maintenance, use. or removal of said attachments or poles within the territory of Grantor, or by any act of Franchisee, its agents, or employees. Franchisee shall carry insurance in the above described amounts to protect the parties hereto from and against all claims, demands, actions, judgments, costs, expenses, and liabilities which may arise or result, directly or indirectly, from or by reason of such loss, injury or damage. Franchisee shall also carry such insurance as it deems necessary to protect it from all claims under the Worker's Compensation laws in effect that may be applicable to Franchisee. Insurance certificates evidencing such insurance coverage shall be deposited with and kept on file by the City.
(C) These damages or penalties shall include but shall not be limited to damages arising out of copyright, infringements, and all other damages arising out of the installation, operation, or maintenance of the System authorized herein, whether or not any act or omission complained of is authorized, allowed, or prohibited by this chapter.
(Ord. 96-5, passed 3-18-96)