I-5 - Resolution 2024-052 - Iowa City Training Center Release and License Agreement

bodily injury or death and property damage with combined single limits of not less than $1,000,000 per occurrence and an aggregate of $2,000,000; (b) Workers’ Compensation insurance with statutory limits as required in Iowa and Employer’s Liability coverage with limits not less than $100,000 per occurrence; and (c) Comprehensive Automobile Liability insurance covering the operation and maintenance of all owned and non-owned motor vehicles, with limits of at least $1,000,000 per occurrence for bodily injury and property damage. 6. Certificates of Insurance and Waiver of Subrogation. Licensee will forward to the City certificates of insurance evidencing all required coverages within 3 days of the Effective Date. The certificates will provide that: (a) the City is named as an additional insured on each Commercial General Liability and Comprehensive Automobile Liability policy; and (b) coverage is primary and not excess of, or contributory with, any other valid and collectible insurance purchased or maintained by the City. Licensee waives any right it may have against the City for any loss or damage to any of the Licensee Parties arising from any cause covered by any insurance required to be carried under this Agreement, or is carried, by Licensee. 7. License Fee. Licensee will not pay a license fee to the City for the granting of the License and use of the Licensed Area. 8. No Holding Over. Upon the expiration or earlier termination of this Agreement, Licensee will have no right of possession and no right of holdover regarding the Licensed Area, and Licensee will not assert and waives any such right or other right of possession. 9. Right of Entry. the City and its designees may enter the Licensed Area for all lawful purposes, including during the Event, at any time without notice to Licensee, including in situations that the City reasonably believes are an emergency. 10. Right to Terminate. Notwithstanding anything to the contrary stated in this Agreement, the City may immediately terminate this Agreement at any time during the Term upon delivering notice of termination to Licensee. This right includes delivery of notice to Licensee’s representatives at the Licensed Area should the City representative conclude, in his or her sole discretion, that an Event must be immediately terminated. 11. Assignment or Sublicense. Licensee may not assign or transfer this Agreement or the License, or sublicense all or any part of the Licensed Area. 12. Compliance with Laws. Licensee will not and will not permit anyone else to use, generate, manufacture, produce, store, discharge or dispose of on, under or about the Licensed Area any hazardous substances. Licensee will comply with and observe, and cause each Licensee Party to comply with and observe, all laws, ordinances, codes, orders, rules, regulations and requirements of every governmental authority having jurisdiction over the Licensed Area pertaining to Licensee’s and each Licensee Party’s use and occupation of the Licensed Area and their exercise of their rights and obligations under this Agreement. 3