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f <br />B. SUBRECIPIENT shall obtain, at its sole cost and file <br />with the Clerk of the Council of CITY, prior to exercising any <br />right or performing any obligation pursuant to this agreement, and <br />maintain for the period covered by this agreement, a policy or <br />policies of general liability insurance, or certificate of such <br />insurance, satisfactory to the.City Attorney of CITY naming CITY, <br />its officers, agents and employees as insured or additional <br />insured, which policy or policies provide coverage not less than <br />that provided in the form of a comprehensive general liability <br />insurance policy insuring against liability for any and all claims <br />and suits for damages or injuries to persons or property resulting <br />rom or arising out of operations of SUBRECIPIENT, its officers, <br />agents, or employees. Said policy or policies of insurance shall <br />provide coverage for both bodily injury and property damages in not <br />less than the following minimum amounts: Five Hundred Thousand <br />Dollars ($500,000.00) combined single limit, or its equivalent. <br />Said policy shall also contain a provision that no termination, <br />cancellation or change of coverage of insured or additional insured <br />shall be effective until thirty (30) days notice thereof has been <br />given in writing to CITY. SUBRECIPIENT shall give CITY prompt and <br />timely notice of any claim made or suit instituted. SUBRECIPIENT <br />shall procure and maintain, at its own cost and expense, any <br />additional kinds and amounts of insurance, which, in its own <br />judgment, may be necessary for its proper protection in the <br />prosecution of the work. <br />Page 14 of 21 Pages <br />