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2018-293A
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2018-293A
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Last modified
1/4/2021 3:18:03 PM
Creation date
1/11/2019 9:40:19 AM
Metadata
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Template:
Official Documents
Official Document Type
Lease
Approved Date
12/18/2018
Control Number
2018-293A
Agenda Item Number
11.A.
Entity Name
Verotown, LLC
Subject
Amended and Restated Facility Lease Agreement
MLB will purchase membership interest
Recorded BK 3175, PG. 1082
Area
Historic Dodgertown
Alternate Name
Major League Baseball
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disease in the aggregate, and Five Hundred Thousand Dollars ($500,000.00)per disease <br />for each employee. <br />(e) All of the insurance policies required under Sections 14.05(a) through <br />14.05(d), inclusive, shall be affected from insurance companies recognized by and <br />authorized to do business in the State of Florida. Each party shall be required to provide <br />the other party with at least thirty (3 0) days' written notice of any cancellation or material <br />coverage change. Each party shall be provided with a duly executed Certificate of <br />Insurance for each such policy evidencing compliance with all insurance provisions noted <br />above prior to the Effective Date and annually prior to the expiration of each required <br />insurance policy. The policies required under Sections 14.05(a) through 14.05(d), <br />inclusive, shall specifically provide by endorsement that the other party is an additional <br />insured on a primary and noncontributory basis in connection with the operations of the <br />named insured. It is understood and agreed that such endorsement may be a blanket <br />additional insured endorsement as required by written contract. Such insurance shall also <br />incorporate a severability of interest or separation of insureds provision. With respect to <br />the policies required under Sections 14.05(a), 14.05(c) and 14.05(d), Verotown and the <br />County hereby agree to a mutual waiver of rights of subrogation any insurer of Verotown <br />or the County may acquire from Verotown or the County by virtue of payment of any <br />loss with respect to the Facility. Both parties agree to obtain any endorsement that may <br />be necessary to effect this waiver of subrogation. <br />(f) If either party fails to furnish the Certificate(s) of Insurance as required <br />above, the other party may, after notice and an opportunity to cure as set forth in this <br />Agreement, obtain the insurance, and the reasonable premiums on that insurance shall be <br />paid to that party on demand. <br />(g) Any insurance required under this Agreement may be furnished under a <br />blanket policy so long as and provided such policy complies with all other terms and <br />conditions contained in this Agreement. <br />ARTICLE XV <br />FORCE MAJEURE; CONDEMNATION <br />Section 15.01. Force Majeure Event. Should any fire or other casualty, act of God, <br />earthquake, flood, hurricane, lightning, tornado, epidemic, landslide, war, riot, civil commotion, <br />general unavailability of materials, strike, slowdown, labor dispute, governmental laws or <br />regulations, or other occurrence beyond Verotown's or County's control ("Force Majeure <br />Event") prevent performance of this Agreement in accordance with its provisions, performance <br />of this Agreement by either party will be suspended or excused to the extent commensurate with <br />such occurrence, except as specifically provided herein. <br />Section 15.02. Partial Destruction. In the event of a partial destruction of the Facility <br />and Verotown determines, in its sole discretion, that the undamaged portion of the Facility is still <br />suitable for the purposes and operations described in Section 5.01 hereof, then this Agreement <br />35 <br />
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