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Section 4.04 Certificates of Insurance; Additional hrsured Endorsements <br />Prior to execution of this Agreement, Lessee shall furnish to Lessor certificates of insurance <br />and additional insured endorsements to each of Lessee's insurance policies, subject to <br />approval of the City Attorney, evidencing the foregoing insurance coverages as required by <br />this Agreement; these 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, voided, <br />reduced in coverage or in limits, or modified without thirty (30) days prior written <br />notice of Lessor. <br />Lessee 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 <br />derogate from the provisions for indemnification of Lessor by Lessee under the Agreement. <br />Lessor or its representatives shall at all times have the right to demand the original or a copy <br />of all these policies of insurance, which Lessee shall provide within fifteen (15) days of <br />Lessor's request. <br />ARTICLE 5-TERMINATION/DEFAULT <br />Section 5.01 Termination <br />(a) In the event of any damage, destruction or condemnation of the Property, which <br />renders the Property unusable or inoperable in Lessor's judgment, Lessee shall have <br />the right, but not the obligation, to terminate the Agreement with respect to the subject <br />Property by giving written notice to Lessor within thirty (30) days after such damage, <br />destruction or condemnation. If by virtue of such casualty or condemnation, Lessor <br />determines that the Property is no longer adequate for Lessee to continue its operations, <br />or any repairs to the Property have not been completed or cannot reasonably be <br />completed within sixty (60) days from the date of the damage, destruction or <br />condemnation. This Agreement will become null and void. <br />(b) In the event of condemnation, unless Lessee is allowed by the condemning authority to <br />continue its operations in the Property, this Agreement shall terminate as of the date <br />title to the Property vests in the condemning authority or Lessee is required to cease its <br />operations, whichever is earlier. If any property described herein or hereinafter added <br />hereto is taken in eminent domain, the entire award shall be paid to Lessor. <br />(c) This Agreement may be terminated on fifteen (15) days prior written notice by either <br />party upon a default of any covenant or term hereof by the other party, which default <br />has been noticed and is not cured within thilty (30) days of receipt of written notice of <br />