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(h) Sovereign Entities — State and federal agencies eligible for sovereign immunity may submit a <br /> statement of self-insurance for liability as allowed by the applicable state or federal statute. <br /> Such statement will be acceptable in place of insurance requirements defined herein. <br /> (i) Financial Responsibility — Applicant shall obtain insurance by an insurer holding a current <br /> certificate of authority pursuant to Chapter 624, Florida Statutes, or a company that is <br /> declared as an approved Surplus Lines carrier under Chapter 626, Florida Statutes. Such <br /> insurance shall be written by an insurer with an A.M. Best Rating of A-VII or better. <br /> Applicant must maintain continuation of the required insurance throughout the Event, which <br /> includes load-in, setup, tear down, and load-out. <br /> (j) Evidence of Financial Responsibility — Applicant must provide a certificate of insurance to <br /> the County's Risk Manager, demonstrating the maintenance of the required insurance <br /> including the additional insured endorsement 30 days prior to the Event Date. Upon written <br /> request, the Applicant shall make its insurance policies and endorsements available to the <br /> County's Risk Manager. The County's Risk Manager shall approve the Applicant's.insurance <br /> if it complies with this License Agreement's requirements, including, if any, additional <br /> insurance coverages deemed necessary by the Risk Manager. No material alteration or <br /> cancellation, including expiration and non-renewal of Applicant's insurance, shall be <br /> effective until 30 days after receipt of written notice by the County from the Applicant or the <br /> Applicant's insurance company. <br /> (k) Discretionary Authority — Depending upon the nature of any aspect of any event and its <br /> accompanying exposures and liabilities, the County may, at its sole option, require additional <br /> insurance coverages not listed above, in amounts responsive to those liabilities, which may or <br /> may not require that the County also be named as an additional insured. <br /> (1) Applicant is required to immediately notify the County of any incident, accident, occurrences <br /> and/or claims made in connection with the Event. <br /> 16. Applicants seeking a permit for the sale and consumption of alcoholic beverages per section <br /> 205.09 of the Indian River County Code of Ordinances shall submit the purveyor's name no less <br /> than 45 days prior to the Event to the County. At least 30 days prior to the Event, the Applicant <br /> shall submit copies of the alcohol vendor's required state alcoholic beverage licenses and <br /> insurance certificate in accordance with Section B. 17 to the County. <br /> 17. If default occurs on the part of the Applicant in fulfillment of any of the terms, covenants or <br /> conditions, including the timely submittal of all documents set forth in Section B, of this <br /> License Agreement, the County may terminate this License Agreement and decline to issue any <br /> and all permits necessary for the Event. In such case, the rent, taxes, fees, deposits and any <br /> other charges hereunder, whether accruing before or after such termination, shall be considered <br /> part of and inclusive of the County's damages resulting from Applicant's default. Applicant's <br /> default hereunder shall be considered a default of any and all agreements by and between <br /> Applicant and the County, and any amounts due Applicant under its other agreements with the <br /> County may be used by the County to remedy Applicant's defaults hereunder. Any remedy <br /> granted in this License Agreement to County shall be in addition to all other remedies available <br /> to County in law or equity, and not exclusive of such remedies. <br /> Fairgrounds License Agreement Page 9 of 12 <br /> Initials S C. 11/17/17 <br />