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amounts. <br />c. 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. GENERAL PROVISIONS <br />D. Periodic Inspections. Throughout the term of this CONTRACT, the BORROWER shall <br />permit a designated representative of the CWCB to make periodic inspections of the <br />PROJECT. Such inspections shall cover the condition of the PROJECT, operating <br />records, maintenance records, and financial records. These inspections are solely for <br />the purpose of verifying compliance with the terms and conditions of this CONTRACT <br />and shall not be construed nor interpreted as an approval of the actual design, <br />construction or operation of any element of the PROJECT facilities. <br />E. Applicable Laws. The BORROWER shall strictly adhere to all applicable federal, state, <br />and local laws and regulations that are in effect or may hereafter be established <br />throughout the term of this CONTRACT. <br />F. 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 />G. Assignment. BORROWER's rights and obligations, of this contract, hereunder are <br />personal and may not be transferred, assigned without the prior, written consent of <br />the State. Any attempt at assignment without such consent shall be void. All <br />assignments approved by BORROWER or the State are subject to all of the provisions <br />hereof. <br />H. Contract Relationship. The parties to this CONTRACT intend that the relationship <br />between them under this CONTRACT is that of LENDER -BORROWER, not <br />employer -employee. No agent, employee, or servant of the BORROWER shall be, or <br />shall be deemed to be, an employee, agent, or servant of the CWCB. The BORROWER <br />shall be solely and entirely responsible for its acts and the acts of its agents, <br />employees, servants, engineering firms, construction firms, and subcontractors during <br />the term of this CONTRACT. <br />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 affect whatsoever unless <br />embodied herein in writing. No subsequent renewal, addition, deletion, or other <br />amendment hereto shall have any force or effect unless embodied in a written <br />contract executed and approved pursuant to State fiscal rules, unless expressly <br />provided for herein. <br />Order of Precedence. The provisions of this CONTRACT shall govern the <br />relationship of the Parties. In the event of conflicts or inconsistencies between this <br />CONTRACT and its exhibits and attachments, including, but not limited to, those <br />provided by Contractor, such conflicts or inconsistencies shall be resolved by <br />Loan Contract C150392 <br />Page 7 of 12 <br />