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  2. Finance Committee - Agenda - 10/16/2019 - P41

Finance Committee - Agenda - 10/16/2019 - P41

By dnadmin on Mon, 11/07/2022 - 13:03
Document Date
Thu, 10/17/2019 - 09:42
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 10/16/2019 - 00:00
Page Number
41
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__101620…

> All deductibles and self-insured retentions shall be fully disclosed in the certificate(s) of
insurance.

> The specified insurance requirements do not relieve CONTRACTOR of its
responsibilities or limit the amount of its liability to the OWNER or other persons, and
CONTRACTOR is encouraged to purchase such additional insurance, as it deems
necessary.

» The insurance provided herein is primary, and no insurance held or owned by the OWNER
shall be called upon to contribute to 2 loss.

> CONTRACTOR is responsible for and required to remedy all damage or loss to any
property, including property of the OWNER, caused in whole or part by CONTRACTOR
or anyone employed, directed, or supervised by CONTRACTOR.

> The insurance provided herein is primary, and no insurance held or owned by the
OWNER, shali be called upon to contribute to a loss.

> CONTRACTOR is responsible for and required to remedy all damage or loss to any
property, including property of the OWNER, caused in whole or part by CONTRACTOR
or anyone employed, directed, or supervised by CONTRACTOR.

Regardless of any coverage provided by any insurance, CONTRACTOR agrees to indemnify
and hold harmless the OWNER, its agents, officials, employees and authorized representatives
and their employees from and against any and al! suits, causes of action, legal or administrative
proceedings, arbitrations, claims, demands, damages, liabilities, interest, attomey’s fees, costs
and expenses of any kind or nature in any manner caused, occasioned, or contributed to in
whole or in part by reason of any negligent act, omission, or fault or willful misconduct,
whether active or passive, of CONTRACTOR or of anyone acting under its direction or
control or on its behalf in connection with or incidental to the performance of this contract.
CONTRACTOR’s indemnity and hoid harmless obligations, or portions thereof, shall not
apply to liability caused by the sole negligence or willful misconduct of the party indemnified
or held harmless.

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Finance Committee - Agenda - 10/16/2019 - P41

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