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<br />- <br /> <br /> <br />a. Builder's risk insurance for construction in progress for all perils of loss including fire, <br />wind, hail, and vandalism in an amount equal to the completed value of the PROJECT. <br /> <br />b. Worker's compensation and employer's liability insurance in the required statutory <br />amounts, <br /> <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 injury <br />and property damage. <br /> <br />d. 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 /> <br />C, GENERAL PROVISIONS <br /> <br />1. Periodic Inspections. Throughout the term of this contract, the BORROWER shall permit <br />a designated representative of the ewcs to make periodic inspections of the PROJECT, <br />Said inspections shall cover the condition of the PROJECT, operating records, <br />maintenance records, and financial records. These inspections are solely for the purpose <br />of verifying compliance with the terms and conditions of this contract and shall not be <br />construed nor interpreted as an approval of the actual design, construction or operation of <br />any element of the PROJECT facilities, <br /> <br />2. Adhere To Applicable Laws. The BORROWER shall strictly adhere to all applicable <br />federal, state, and local laws and regulations that are in effect or may hereafter be <br />established throughout the term of this contract. <br /> <br />3. Designated Agent Of The CWCS. The CWCS's agents and employees are hereby <br />designated as the agents of the CWCB for the purpose of this contract. <br /> <br />4. Contract Is Not Assignable. The BORROWER may not assign this contract except with <br />the prior written approval of the CWCB. <br /> <br />5, Contract Relationship. The parties to this contract intend that the relationship between <br />them under this contract is that of lender-borrower, not employer-employee. No agent, <br />employee, or selVant of the BORROWER shall be, or shall be deemed to be, an employee, <br />agent, or selVant of the CWCB. The BORROWER shall be solely and entirely responsible <br />for its acts and the acts of its agents, employees, selVants, engineering firms, <br />construction firms, and subcontractors during the term of this contract. <br /> <br />6. Complete Integration Of All Understandings. This agreement is intended as the <br />complete integration of all understandings between the parties. No prior or <br />contemporaneous addition, deletion, or other amendment hereto shall have any force or <br />effect whatsoever unless embodied herein in writing. No subsequent novation, renewal, <br />addition, deletion, or other amendment hereto shall have any force or effect unless <br />embodied in a written contract executed and approved pursuant to STATE fiscal rules, <br />unless expressly provided for herein, <br /> <br />7. In Event Of A Conflict. In the event of conflict between the terms of this contract and <br />conditions as set forth in any of the appendices, the provisions of this contract shall <br />control. <br /> <br />Page 6 019 <br /> <br />Loan Contract <br />