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REV99647
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REV99647
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Entry Properties
Last modified
8/25/2016 3:23:30 AM
Creation date
11/22/2007 12:29:02 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1985029
IBM Index Class Name
Revision
Doc Name
APPENDIX A
Type & Sequence
TR1
Media Type
D
Archive
No
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to, the postir.q of non-viability pursuant to C~. ?. S. <br />35-22-105, as a-.ended. Ortionee shz11 ~:yep the Alma Placer <br />• free from any lie^s arising c,ut of zny ::orr performed,) material <br />.`.urnished or o`lication incurred by c,r for Optione or any <br />person ur entit.: claiming t~~ruuch o: un~er Gptionee. In the <br />event thzt Gptionee shall not, ~:ithin *_hirty (30J days <br />following the imposition of zny such lien, cause the s me to be <br />released of record by payment or posting of proper ~ond, the <br />Trust shall have the richt, but not the u~lication,~to ca•~se <br />such lien to be released by such means zs the _: st deems <br />proper, including payment of the claim giving rise to ;:uch <br />lien. All such sums paid and zll expenses incurre by the <br />Trust in connection therewith shall he due and payab e to the <br />Trust by Gptionee within thirty (30) days of Gptionee'¢ receipt <br />of written demand, <br />21. workmen's Compensation Insurance. Gptionee shall at <br />all times maintain workrt~en's compensation insurance on all <br />employees and other persons working in and upon, or n behalf <br />of, Optionee's operation in and upon the Alma Placer. Option~.e <br />shall, when recuested to do so by the Trust, furnis to the <br />Trust a duly executed Certificate, from the State Fund cr <br />private insurance company writing said insurance overage, <br />evidencing workmen's compensation coverage to he in effect at <br />all times. <br />22. Liability Insurance. Gptionee shall maintain at its <br />sole cost and expense, premises liability coverage, w itten by <br />a company reasonably satisfactory to the Trust, in the <br />aggregate minimum amount of ~ <br />dollars and not less than <br />dollars per occurrence, for any inj Ties or <br />damages arising out of the use, operation and mainte ante of <br />the Alma Placer. The Trust shall be named as an a ditional <br />insurred under said policy. Gptionee shall, at the re uest of <br />the Trust, furnish the Trust with a valid and binding <br />certificate of insurance showing the Trust as an a ditional <br />insured and evidencing that insurance coverage is in fu 1 fozce <br />and effect at all times.' Any such policy shall provi a for a <br />waiver of subrogation rights against the Trust and steal not be <br />cancellable without first having Given the Trust thi ty (30) <br />days prior written notice. <br />23. Indemnification. Gptionee agrees to indemn fy and <br />hold the Trust harmless from and against any and all li bility, <br />loss, suits, claims, actions, causes of action, pzoc edings, <br />demands, costs, penalties, fines, expenses, or amaaes, <br />including but not limited to reasonable attorneys` fees of any <br />kind or nature whatsoever arising from the use, opera ion and <br />maintenance of the Alma Placer at all times during he term <br />hereof, save and except any claims or damages result ng from <br />the negligence of the :rust, its agents or invitees. <br />7 <br />
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