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3 . General Requirements of Insurance . Any deductibles or self insured <br /> retentions greater than $ 5 , 000 must be approved by the Risk Manager for Indian River <br /> County with the ultimate responsibility for same going to Tenant . Tenant' s insurance <br /> coverage shall be primary . All above insurance policies shall be placed with insurers <br /> with a Best' s rating of no less that A + VII . The insurer chosen shall also be licensed to <br /> do business in Florida . The insurance policies procured shall be per occurrence <br /> policies or as generally available on the open insurance market . The Insurance Carriers <br /> shall supply Certificates of Insurance evidencing such coverage to the Indian River <br /> County Risk Management Department upon execution of this Contract . The insurance <br /> companies selected shall send written verification to the Indian River County Risk <br /> Management Department that they will provide 30 days written notice to the Indian <br /> River County Department of Risk Management of its intent to cancel or terminate said <br /> policies of insurance . <br /> 4 . Indemnification . The Tenant shall indemnify , defend , save , and hold harmless <br /> the County , its agents , officers , and employees , from any losses , fines , penalties , costs , <br /> damages , claims , demands , suits , and liabilities of any nature , including attorney ' s fees , <br /> ( including regulatory and appellate fees ) , arising out of or because of any acts , action , <br /> neglect , or omission by the Tenant , or due to any accident , happening , or occurrence on <br /> the property or arising in any manner from the exercise or attempted exercise of the <br /> Tenant' s rights hereunder whether the same regards person or property of any nature <br /> whatsoever , regardless of the apportionment of negligence , unless due to the sole <br /> negligence of the County . <br /> The Tenant' s obligation to indemnify , defend and pay for the defense or at the <br /> County ' s option , to participate , and to associate with the County in the defense and trial <br /> of any claim and any related settlement negotiations , shall be triggered by the County ' s <br /> notice of claim for indemnification to the Tenant . The Tenant' s inability to evaluate <br /> liability or its evaluation of liability shall not excuse the Tenant' s duty to defend and <br /> indemnify within seven days after such notice by the County is given by registered mail . <br /> Only an adjudication or judgment after the highest appeal is exhausted specifically <br /> finding the County solely negligent shall excuse performance of this provision by the <br /> Tenant . The Tenant shall pay all costs and fees related to this obligation and its <br /> enforcement by the County . The County ' s failure to notify the Tenant of a claim shall <br /> not release the Tenant of the above duty to defend . <br /> 5 . Notice of Claims . County and Tenant shall give prompt notice to the other of <br /> any third party claims made against either or both of them , and shall cooperate fully with <br /> each other and with any insurance carrier to the end that all such claims will be properly <br /> investigated , defended and adjusted . <br /> 6 . Failure to Maintain Insurance . Failure to maintain such insurance will be <br /> deemed as a cause for termination of this agreement . <br /> 5 <br />