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(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 the <br />County's Risk Manager, demonstrating the maintenance of the required insurance including <br />the additional insured endorsement 30 days prior to the Event Date. Upon written request, the <br />Applicant shall make its insurance policies and endorsements available to the County's Risk <br />Manager. The County's Risk Manager shall approve the Applicant's insurance if it complies <br />with this License Agreement's requirements, including, if any, additional insurance coverages <br />deemed necessary by the Risk Manager. No material alteration or cancellation, including <br />expiration and non -renewal of Applicant's insurance, shall be effective until 30 days after <br />receipt of written notice by the County from the Applicant or the Applicant's insurance <br />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 />18. In the event that the Applicant cancels all or any time or portion of the Premises reserved for the <br />Event, the County must receive written notice. Applicants may be entitled to a refund according <br />to the following schedule: <br />(a) Cancellation prior to 180 days from the first date of License Duration will receive a refund <br />equal to 85% of the Event Deposit collected under Section BA.(a). <br />(b) Cancellation between 90-180 days of the first date of License Duration will receive a <br />refund equal to 50% of the Event Deposit collected under Section B.4.(a). <br />(c) Cancellation less than 90 days of the first date of License Duration will forfeit the Event <br />Deposit collected under Section B.4.(a). <br />19. In addition to any other charges set forth in the Fee Schedule, the Applicant shall pay a $250 <br />administrative fee for each modification or addendum to the License Agreement. <br />20. In the event that the Premises or any part thereof, or adjacent premises required for access <br />thereto, should be so damaged or destroyed by fire or other cause, without the fault of Applicant, <br />as to prevent the use of the Premises for the Event, then this License Agreement shall terminate. <br />In such event, the County shall be paid for all items of expense incurred by it under this License <br />Agreement and any rental accrued prior to such destruction or damages, but Applicant shall be <br />relieved of paying rent accruing thereafter. For purposes of this paragraph, causes or events not <br />