(a) The Company shall, at all times, save the Village harmless from and against any and all damages, lawful claims and demands for injury to person or property which may be made against the Village in any manner growing out of the maintenance and/or operation of the Community Antenna Television System or any equipment of the Company. In case suit shall be filed against such Village, either independently or jointly with such Company, to recover for any claim or damages, the Company, upon notice to it by the Village, shall defend the Village against such action. In the event of a final judgment being obtained against the Village, either independently or jointly with the Company on account of the acts of the Company, the Company will pay such judgment and all costs and hold the Village harmless.
(Ord. 851. Passed 9-28-70.)
(b) The Company shall obtain and file with the Clerk-Treasurer and continue to keep in full force and effect during the period of this grant, liability insurance policies, or bonds of indemnity as the Company may elect, conditioned for the benefit of persons suffering injury, loss or damage to person or property, by virtue of the negligent operation of the Community Antenna Television System by the Company. Such liability policies, indemnity bonds, shall be in the sum of not less than five hundred thousand dollars ($500,000) for the death or injury to all persons affected, two hundred thousand dollars ($200,000) for a single person and not less than two hundred fifty thousand dollars ($250,000) for damage to property in any one accident. (Ord. 851. Passed 9-28-70.)