Agenda - 08-20-1996 - VIII-I - Laserfiche WebLink

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f 9 ARTICLE XI LYSURANCE The Corporation shall procure and maintain, or cause to be procured and maintained, throughout L-term of this Agreement, all insurance as customarily maintained for such facilities. The types of =+tnge and limits of liability obtained shall be subject to approval by the County. ARTICLE XII IiYDE.titYIFICATIOtY , To the extent permitted by law, and further, to the extent of insurance policies owned by the C=y, the County shall indemnify, defend, and hold harmless the Corporation from and against any d ill claims or liabilities (including reasonable attorneys' fees)*arising out of or in connection with this meat where attributable to the acts or omissions performed by.the County. The Corporation shall tft�=nify, defend, and hold harmless the County from and against any and all claims or liabilities (n:luding reasonable attorneys' fees) arising out of or in connection with this Agreement where ecibuuable to the acts or omissions performed by the Corporation. ARTICLE XIII PERFORMANCE OF GOVEI NN&MNT FUNCTIONS Nothing contained in this Agreement shall be deemed or construed so as to in any way estop, Emit, or impair the County from exercising or performing any regulatory, policing, legislative, prc=ental, or other powers or functions pursuant to applicable law. ARTICLE XIV DEFAULTS AND R NEDIFS Section 14.01. Def=i on of Event of Default. A. The County shall be deemed to be in default hereunder upon the happening of any of the Nkm*events of default: (1) The County fails to make payment of the Fee required under Section 3.01 when due; (u) The County fails to budget appropriate money sufficient to pay the Fee coming due in the text ensuing fiscal year in the County's annual budget or in an interim or amended County budget; (iii) Any bankruptcy, insolvency, or reorganization proceeding or similar litigation as instituted against the County, or a receiver, custodian, or similar officer is appointed for the County or any 7