O-1966-732 - Laserfiche WebLink

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. e e e e e -6- XIV. Said airfield is a municipal airportJ under the control and direction of the LESSOR. The LESSOR shall make no use of said airfield which would substantially impair the opera- tions of the LESSEE. xv. LESSEE agrees to obtain and maintain at his sole cost and expenseJ public liability insurance and property damage. insurance on the leased premises to protect:LESSOR and LESSEE against all loss,or damage from the claims of all persons who may be in or on these premises by the invitationJ consent or sufferance of LESSEE. -Such public liability insurance shall have minimum bodily injury limits of One Hundred Thousand Dollars ($lOOJOOO) for each persongand Three Hundred Thousand Dollars ($300JOOO) for each accidentJ and property damage limits of One Hundred Thousand Dollars ($lOOJOOO) for each accident with respect to any accident occurring on the leased premises. LESSEE shall furnish LESSOR certificates of all insurance coverage. XVI. LESSEE shall use due care and diligence in all activities and operations on the premises and the. AirportJ and will indemnify and save LESSOR harmless from any liabilitiesJ 10ssJ costs or other expense of an~ natureJ caused solely by any negligence of LESSEE or any employee or agent of LESSEE and without the contributory negligence' of LESSOR. LESSOR shall give LESSEE immediate notice of any matter covered hereby and shall forward to LESSEE every demand, noticeJ summons or other process received in any claim or legal proceeding covered hereby. XVII. In case of bankruptcy or insolvency on the part of LESSEEJ or in case of any receiver being appointed to take charge of. the propertYJ or any portion of the property of LESSEE, in or upon the premises hereby leasedJ then and in such event the