RIVER VIEW GOLF COMPANY - CONCESSION 1974

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.. ~ • bona fide for the purposes of this provision if it is made in t~riting to RIVER VIE'~~1, dated, signed, for an operatir_g period of not leis than five (5) ~~ears, and has a fixed and certain commencement date. 2 6 . INS U?~ ONCE CONCESSIONAIRE agrees to procure and maintain during the entire term of this Agreement public liability insurance, naming RIVER VIEW, the City of Santa Ana, and the Orange County Flood Control District as co-insureds, insuring them against any loss or damage arising out of CONCESSIONAIRE~s operations of the restaurant and/or "half-caay house" in the minimum amounts of $500,000.00 for any person, $1,000,000.00 for each occurrence, and $150,000.00 for property damage; provided, however, that should the City of Santa Ana and/or the Orange County Flood Con- trol District impose upon RIVER VIE6V public liability insurance limits higher than those herein described, then CONCESSIONAIRE agrees to procure and maintain insurance satisfying such higher limits, Should CONCE5SIOiJAIP.E fail to pay or maintain such in- surance, RIVER VIEW, at its option, may procure same, and any sums so paid by RIVER VIEW shall be repaid to it by CONCESSION- AIRE upon written demand therefor. CONCESSIO~;P.IRE shall procure and furnish to RIVER VIEW a certificate of insurance evidencing the issuance of said policies issued by the insuring company or companies. RIVER VTEG7 agrees to procure and maintain fire, casualty loss, and extended coverage insurance upor. the restaurant and "half-way house" real property improvements, including real pro- perty fixtures, for the full initial construction cost thereof, naming P.IVER VIEW and C0~7CESSIOv<~IRE as co-insureds as their in- terests may appear; provided, nothing contained herein shall pro- hibit the holder of the first security interest in any such -17-