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BORROWER unless all insurance certificates are current. <br />a. Worker's compensation and employer's liability insurance in the required statutory <br />amounts. <br />b. Automobile liability insurance that includes coverage for all owned, non -owned and <br />hired vehicles with minimum limits of $1,000,000 combined single limit for bodily <br />injury and property damage. <br />c. Commercial general liability insurance with minimum limits of $1,000,000 combined <br />single limit for each occurrence and $2,000,000 general aggregate. This insurance <br />coverage shall include products /completed operations and bodily injury/property <br />damage. <br />C. GENERAL PROVISIONS <br />1. Periodic Inspections. Throughout the term of this contract, the BORROWER shall permit <br />a designated representative of the CWCB to make periodic inspections of the PROJECT. <br />Such inspections shall cover the condition of the PROJECT, operating records, <br />maintenance records, and financial recd F These inspections are solely for the <br />purpose of verifying compliance with th : a `_ nd conditions of this contract and shall <br />not be construed nor interpreted as an, val, of the actual design, construction or <br />operation of any element of the PROJEc f i iliti <br />2. Applicable Laws. The BORROWER Xall here to all applicable federal, state, <br />and local laws and regulations that i ,FFect or may hereafter be established <br />throughout the term of this contract_;., <br />3. Designated Agent Of The CWCB. the CWCB's employees are designated as the <br />agents of the CWCB for the purpose of this contract. <br />4. Assignment. The BORROWER may not assign this contract except with the prior written <br />approval of the CWCB. <br />s. Contract Relationship. The parties to this contract intend that the relationship <br />between them under this contract is that of lender- borrower, not employer - employee. <br />No agent, employee, or servant of the BORROWER shall be, or shall be deemed to be, <br />an employee, agent, or servant of the CWCB. The BORROWER shall be solely and <br />entirely responsible for its acts and the acts of its agents, employees, servants, <br />engineering firms, construction firms, and subcontractors during the term of this <br />contract. <br />6. Integration Of Terms. This contract is intended as the complete integration of all <br />understandings between the parties. No prior or contemporaneous addition, deletion, <br />or other amendment hereto shall have any force or effect whatsoever unless embodied <br />herein in writing. No subsequent novation, renewal, addition, deletion, or other <br />amendment hereto shall have any force or effect unless embodied in a written contract <br />executed and approved pursuant to STATE fiscal rules, unless expressly provided for <br />Loan Contract C150275 <br />Page 7 of 11 <br />