Insurance Terms
A. Coverage. Client shall obtain, at its own cost and expense, with insurance companies currently rated A-XII or better by Best’s Key Rating Guide, commercial general liability insurance in the name of Client that also names Kansas Unified Development, LLC as an additional insured, which insures all operations in this Agreement. Such insurance shall, have a limit of at least One Million Dollars ($1,000,000) per occurrence combined single limit for bodily injury, property damage and personal injury; include an endorsement stating Client’s insurance is primary to and not contributory to of Licensor’s coverage or any of the other additional named insureds listed below or event coverage Client shall also obtain, at its own expense, with insurance companies currently rated A-XII or better by Best’s Key Rating Guide, excess liability insurance, in umbrella form, or event coverage with a limit of at least Two Million Dollars ($2,000,000) per occurrence and aggregate. Client shall also cause the required policies of insurance to include Licensor’s affiliates such as Kansas Unified Development, LLC, OnGoal, LLC, and Hospitality Kansas City, LLC as additional insureds.
B. Workers’ Compensation Coverage. Should Client use or hire employees for said event, then Client shall also maintain, at its own cost and expense, workers’ compensation insurance. Such coverage shall have a minimum of One Million Dollars ($1,000,000) each occurrence and in the aggregate. Licensor also shall maintain commercial general liability insurance with a limit of $1,000,000 per occurrence and in the aggregate; automobile liability insurance with combined single limit of $1,000,000.
C. Certificates. Certificates evidencing insurance required pursuant to this Section 6 shall be provided to Licensor not less than seven (7) days prior to commencement of the Term (the “Time Frame”). LICENSOR SHALL HAVE THE RIGHT TO TERMINATE THIS AGREEMENT AND RETAIN ALL FEES IF CLIENT DOES NOT DELIVER TO LICENSOR THE CERTIFICATE OF INSURANCE REQUIRED BEFORE THE TIMEFRAME LISTED ABOVE.
Indemnity; Release of Liability
A. Indemnification. Client hereby agrees to indemnify, defend, save and hold harmless Licensor, Kansas Unified Development, LLC, Hospitality Kansas City, LLC, OnGoal, LLC and all of their respective officers, directors, agents, affiliates, successors and assigns from and against any and all claims, suits, losses, injuries (including death), damages, liabilities and expenses, including, reasonable attorneys’ fees and expenses and costs (“Claims or Costs”) incurred in connection therewith, occasioned, (i) any breach of this Agreement by Client, (ii) the Event, (iii) the acts or omissions, or violation of any applicable law, regulation or order, of or by Client or any of its agents (whether on a paid or voluntary basis (iv) any injury to or death of any person or any damage to property arising from Client’s Event. It is further the intent of this Agreement that this provision applies to any claims made by Client’s agents and employees against Licensor, and this Agreement is deemed a written agreement for indemnity under the Missouri Workers’ Compensation laws.