Orange County NC Website
degree of fault of Licensor, or a Loss occurs under circumstances which make it impossible to determine the <br /> degree of fault of the Licensor and Licensee, then in either event, Licensee shall indemnify Licensor to the <br /> full extent of any Loss . <br /> Licensee shall carry insurance in such form and issued by such companies with a minimum A .M. <br /> Best rating of ANII or higher to protect the Parties from and against claims , demands , actions , <br /> judgments , costs , expenses and liabilities which may arise or result directly or indirectly from or by <br /> reason of any loss , injury, death or damage involving any Attachment . Throughout the Term of this <br /> Agreement, Licensee shall take out and maintain, and shall ensure that its agents , contractors and <br /> subcontractors take out and maintain, the following occurrence form insurance (where these limits can be <br /> met with inclusion of umbrella/excess liability limit) : <br /> Workers ' compensation and employer ' s liability insurance , as required by law, covering all <br /> employees who perform any of Licensee ' s obligations under this Agreement, with statutory limits and <br /> employer ' s liability insurance limits of not less than One Million Dollars ($ 1 , 000 ,000) . <br /> Commercial general liability or equivalent insurance with a per occurrence limit of not less than <br /> Five Million Dollars ($ 5 , 000 , 000) per occurrence . Such insurance shall include but not be limited to <br /> products/completed operations liability , blanket contractual liability, personal injury liability and broad <br /> form property damage . <br /> Business automobile liability or equivalent insurance with a combined single limit of not less than <br /> Two Million Dollars ($2 , 000 , 000) each accident. Such insurance shall 'include coverage for owned, hired <br /> and non- owned automobiles , and contractual liability . <br /> Such other insurance as may be necessary to insure the indemnity agreement and to protect <br /> Licensor from and against any and all insurable claims , demands , suits , actions , causes of action, <br /> proceedings , judgments , awards , losses , fees , costs , expenses and liabilities of every name and nature <br /> - 4 - <br />