Walnut Street S.A. U.S.A. 1 - Laserfiche WebLink

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2. Agreement. By execution of this Agreement, Walnut Street agrees for itself and on the behalf of its employees, agents, consultants and contractors as follows: (a) That Walnut Street will not permit any dangerous condition or waste to be created on the Property. (b) All acts and things done by Walnut Street on the Property will be done in a careful and reasonable manner, in accordance with all federal, state and local laws. (c) Walnut Street shall enter the Property entirely at its own cost, risk and expense. (d) Prior to undertaking performance of work under this Agreement, Walnut Street shall maintain and shall require its subcontractors, if any, to obtain and maintain insurance as described below: i. Commercial General Liability Insurance. Walnut Street shall maintain commercial general liability insurance naming the City and its officers, employees, agents, volunteers and representatives as additional insured(s) and shall include, but not be limited to, protection against claims arising from bodily and personal injury, including death resulting therefrom and damage to property, resulting from any act or occurrence arising out of Walnut Street's operations in the performance of this Agreement, including, without limitation, acts involving vehicles. The amounts of insurance shall be not less than the following: single limit coverage applying to bodily and personal injury, including death resulting therefrom, and property damage, in the total amount of $1,000,000.00 per occurrence. Walnut Street shall supply City with a fully executed additional insured endorsement in substantially the form attached hereto as Exhibit B upon execution of this Agreement and shall be approved in form by the City Attorney. ii. The following requirements apply to the insurance to be provided by Walnut Street pursuant to this section: • Walnut Street shall maintain all insurance required above in full force and effect for the entire period covered by this Agreement. • Certificates of insurance shall be furnished to the City upon execution of this Agreement and shall be approved in form by the City Attorney. • Certificates and policies shall state that the policies shall not be canceled or reduced in coverage or changed in any other material aspect without thirty (30) days prior written notice to the City. iii. If Walnut Street fails or refuses to produce or maintain the insurance required by this section or fails or refuses to furnish the City with required proof that insurance has been procured and is in force and paid for, the City shall have the right, at its election, to forthwith terminate this Agreement.