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2000-266B
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2000-266B
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Last modified
7/18/2024 3:17:25 PM
Creation date
7/16/2024 10:48:29 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/07/2000
Control Number
2000-266B
Agenda Item Number
10.B.2.
Entity Name
Dodgetown
Los Angeles Dodgers, Inc.
Subject
Facility Lease Agreement
Development
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ri <br />O <br />i <br />mean physical injury to tangible property, including all resulting loss of use of that property, or loss of use <br />of tangible property that is not physically injured. <br />Section 14.04. Inftendent Erovisions.The provisions of Sections 14.01 through 14.03 are <br />independent of, and will not be limited by, any insurance obligations in this Agrrcment, and shall survive <br />the expiration or earl ier termination of this Agreement with respect to any claims or Lability arising in <br />connection with any event occurring prior to such expiration or termination. <br />Section 14.05. 1nsumnc . Convnetic ing upon the Effective Date and throughout the remainder <br />of the Tenet and any renewals thereof, the Dodgers shall maintain, at their sole cost, the following insurance: <br />(a) A commercial general liability insurance policy in an occurrence form coveting the <br />insured against all bodily injury and property damage liability that may rise or be claimed due to the <br />Dodgers' ruse of the Facility in a minimum arnotnn of coverage of One Million Dollars ($1,000,000) <br />for injuries to persons in one accident, One Million Dollars ($1,000,000) for injuries to any one <br />person and One Million Dollars ($1,000,000) for damages to property. The commercial general <br />liability insurance policy in an occurrence form shall also include contractual liability coverage <br />me Wing a Broad Foran Endorsement covering the insurance provisions of this Agreement and the <br />performance by the Dodgers of the indemnification provisions set forth in this Agreement. <br />(b) Special form (all risk) property insurance coveting (1) the Facility, including, but <br />not limited to, any additional improvements undertaken by the Dodgers, in an amount not less than <br />one hundred (100%) percent of their actual replacement costs from time to time existing during the <br />Terra of this Agreement, providing protection against any peril included within the classification "all <br />risks" of physical loss or damage, together with insurance against sprinkler damage, vandalism, <br />malicious mischief, and water damage of any type and theft The proceeds ofsuch irisurance shall <br />be used for the repair or replacement of the property so insured. <br />(c) All of the insurance policies required under Sections 14.05(a1 and 14.05(b), <br />above, shall be effected from insurance companies recognized by and licensed in the State of Flonda, and <br />Provide a Nonce of Cancellation or material Coverage Change provision of thirty (30) days" notice in favor <br />of the County. The Dodgers shall provide the County and the City with a duly executed Certificate of <br />insurance for each such policy. The Dodgers shall maintain the Certificate of hisurance on file with the <br />County at all times during the Tern. The policies required under Sections 14.05(a) and 14.05(b), above, <br />shall name the County and the City as an additional 'insured. <br />(d) If the Dodgers fail to furnish the Ccrificate(s) of Insurance as required above, the <br />County may, after notice and an opportunity to cure as set forth in this Agreement, obtain the <br />insurance, and the premiums on that insurance shall be deemed additional rent to be paid by <br />Dodgers to the County on demand. Dodgers shall be responsible for sectuing, at their own <br />Page 21 of 25 <br />da 7 <br />
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