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0 0 <br />agents, and employees, volunteers and visitors. <br />§ 5.02 Insurance Requirement Generally <br />Prior to the Commencement Date (except as hereinafter otherwise provided), Corporation <br />shall obtain at its sole cost and file with the Clerk of the Council, and maintain throughout the <br />Term, policies of insurance as required by this section and sections 5.03 through 5.06, or a <br />certificate of such insurance, satisfactory in form to the City Attorney. Each such policy (except <br />policies of Workers' Compensation Insurance) shall name City as an insured or additional insured <br />and each liability insurance policy shall also name the officers, agents and employees of City as <br />insureds or additional insureds. Each such policy shall also contain a provision that no termination, <br />cancellation or change of coverage or (where applicable) of insured or additional insured shall be <br />effective until after thirty (30) days notice thereof has been given in writing to City. <br />§ 5.03 Lia_hifiJ3? Insurance <br />Corporation shall provide a policy or policies of insurance which provides coverage not less <br />than that provided in the form of a comprehensive general liability insurance policy against liability <br />for any and all claims and suits for damages or injuries to persons or property resulting from or <br />arising out of the operations of Corporation, its officers, employees, agents or assigns. Said policy <br />or policies of insurance shall provide coverage for both bodily injury and property damage in not <br />less than One Million Dollars ($1,000,000.00) combined single limit, or its equivalent. <br />§ 5.04 Fine Arts Insurance <br />Corporation shall provide insurance protection against loss of or damage to all fine arts <br />property in the custody and control of Corporation. Such insurance shall be at least equivalent in <br />coverage to policy number IMC 435 117 issued by Continental Insurance Company to City and <br />Corporation for a term beginning November 1, 1985, in a maximum payable amount of not less <br />than $5,000,000.00. The City Manager and the Museum President may agree upon any method <br />whereby such insurance is maintained by City at the cost of Corporation for any mutually agreeable <br />period of time. Corporation's obligation under this section shall not begin until the first premium <br />date on the aforesaid policy occurring after the Commencement Date, or the termination of said <br />policy, whichever first occurs. <br />§ 5.05 Fich Rondin?u <br />Corporation shall provide a policy or policies of insurance insuring Corporation against loss <br />due to dishonesty of Corporation's officers, agents and employees. Said policy or policies shall <br />provide coverage in not less than $1,000,000. <br />12