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A complete and signed certificate of insurance with all endorsements required by this Section shall be <br />filed with Licensor prior to the execution of this Agreement. At least thirty (30) days prior to the <br />expiration of any such policy, a signed and complete certification of insurance showing that coverage <br />has been renewed, shall be filed with Licensor. <br />Section 4.04 Certificates of Insurance; Additional Insured Endorsements <br />Prior to execution of this Agreement, Licensee shall furnish to Licensor certificates of insurance and <br />additional insured endorsements to each of Licensee's insurance policies, subject to approval of the <br />City Attorney, evidencing the foregoing insurance coverages as required by this Agreement; these <br />certificates shall: <br />1. provide the name and policy number of each carrier and policy; <br />2. shall state that the policy is currently in force; and <br />3. shall promise to provide that such policies will not be canceled, suspended, <br />voided, reduced in coverage or in limits, or modified without thirty (30) days prior written <br />notice of Licensor; and shall state as follows: <br />"The above detailed coverage is not subject to any deductible or <br />self-insured retention, or any other form of similar type limitation." <br />Licensee shall maintain the foregoing insurance coverages in force throughout the term of this <br />Agreement. The requirement for carrying the foregoing insurance coverages shall not derogate from <br />the provisions for indemnification of Licensor by Licensee under the Agreement. Licensor or its <br />representatives shall at all times have the right to demand the original or a copy of all these policies of <br />insurance, which Licensee shall provide within fifteen (15) days of Licensor's request. <br />ARTICLE 5 — TERMINATION AND DEFAULT <br />Section 5.01 Termination in the Event of Casualty or Condemnation <br />(a) In the event of any damage, destruction or condemnation of the License Area, which <br />renders the License Area unusable or inoperable in Licensor's judgment, Licensee shall <br />have the right, but not the obligation, to terminate the Agreement with respect to the <br />subject License Area by giving written notice to Licensor within thirty (3 0) days after such <br />damage, destruction or condemnation. If by virtue of such casualty or condemnation, <br />Licensor determines that the License Area is no longer adequate for Licensee to continue <br />its operations, or any repairs to the License Area have not been completed or cannot <br />24 <br />