Laserfiche WebLink
SROW# 75987 <br /> L 7598 <br /> "Additional Insured — Owners, Lessees or Contractors — Completed <br /> Operations "); and, <br /> (ii) that such insurance shall respond as primary insurance and shall not <br /> require contribution from any other insurance that may be maintained by <br /> Licensor, or its direct and indirect subsidiaries and affiliates, including <br /> limited liability companies. <br /> h. Waiver of Subrogation. The insurance required by this Section shall include full <br /> waivers of subrogation in favor of Licensor, including its direct and indirect <br /> subsidiaries and affiliates, including limited liability companies, unless waiver of <br /> subrogation is prohibited by the law governing such insurance. <br /> Certificates of Insurance. Each contractor shall furnish Licensor with certificates <br /> of insurance signed by the contractor's insurance agent, showing the contractor's <br /> procurement of the insurance required hereunder. Each such certificate shall <br /> accurately reflect insurance in place, shall be in a form satisfactory to Licensor, <br /> II and shall contain language: <br /> +N� <br /> (i) expressly and specifically referring to this Agreement, The License <br /> Agreement between CenterPoint Energy Houston Electric, LLC and the <br /> City of La Porte for Pedestrian and Bicycle Trail "; <br /> (ii) providing that thirty (30) days written notice (except ten (10) days written <br /> notice in the case of nonpayment of premium) shall be given to Licensor <br /> prior to cancellation of or material change in the coverage (and, the word <br /> "endeavor" or similar term used in the standard Accord form shall be <br /> stricken); <br /> (iii) confirming that Licensor, including direct and indirect subsidiaries and <br /> affiliates, including limited liability companies, are additional insureds, as <br /> required by Section 22(h); <br /> a�u <br /> (iv) confirming waiver of subrogation in favor of Licensor, including its direct <br /> and indirect subsidiaries and affiliates, including limited liability <br /> companies, as required by Section 22(i); and, <br /> (v) attaching the endorsement(s) by which Licensor, including its direct and <br /> indirect subsidiaries and affiliates, including limited liability companies is <br /> made an additional insured, has a waiver of subrogation, and coverage is <br /> primary and non- contributing. <br /> j. Claims -Made Insurance. If the insurance required under this Section is procured <br /> on a form affording "claims- made" coverage, then (i) all limits stated above as <br /> "per occurrence" shall be understood to mean "per claim" or "per occurrence," as <br /> is consistent with the terms of the "claims- made" policy; and, (ii) such claims - <br /> made insurance shall not provide for a retroactive date later than the <br /> Page 9 of 14 <br />