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• <br /> II <br /> covered by the insurance coverage(s) required under this section shall survive and not be <br /> terminated,reduced or otherwise limited by 4ny expiration or termination of particular policies <br /> for insurance coverages. 411 <br /> (h) Sovereign Entities—State and federal agencies eligible for sovereign immunity may submit a <br /> statement of self-insurance for liablity as allowed by the applicable state or federal statute. <br /> Such statement will be acceptable hiplace of insurance requirements defined herein. <br /> (1) 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 declared <br /> as an approved Surplus Lines carrier under Chapter 626,Florida Statutes. Such insurance shall <br /> be written by an insurer with an A.M.Best Rating of A-VII or better. Applicant must maintain <br /> continuation of the required insurance throughout the Event,which includes load-in,setup,tear <br /> 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 the <br /> 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 requlirements,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 linsurance, shall be effective until 30 days after <br /> receipt of written notice by the County Wpm 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 /> 14. 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 30 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 /> 15. 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 License <br /> Agreement,the County may terminate this License Agreement and decline to issue any and all <br /> permits necessary for the Event. In such case,the rent,taxes,fees,deposits and any other charges <br /> hereunder, whether accruing before or aftedspch termination, shall be considered part of and <br /> inclusive of the County's damages resulting from Applicant's default. Applicant's default <br /> hereunder shall be considered a default of any and all agreements by and between Applicant and <br /> Fairgrotomq License Agreement Page 8 of 11 <br /> initials <br />