§ 5. Company liability; indemnification.  


Latest version.
  • It is expressly understood and agreed by and between grantee and the county that grantee shall, and does by its acceptance of the franchise granted by this ordinance, specifically agree to save the county harmless from all losses sustained by the county on account of any suit, judgment, execution, claim or demand whatsoever resulting from the granting of this franchise. The above shall include, but shall not be limited to, damages arising out of copyright infringement and all other damages arising out of the installation, operation or maintenance of the CATV system authorized herein, whether or not any act or omission complained of is authorized, allowed, or prohibited by this franchise.

    5-1. The grantee, by its acceptance of the franchise granted by this ordinance, specifically agrees that it shall maintain throughout the term of its franchise, liability insurance, insuring the county and the grantee against all claims or damages in the minimum amounts of at least:

    (1)

    One million dollars for bodily injury or death to any one person, and $1,000,000.00 for bodily injury or death resulting from any one accident.

    (2)

    One million dollars for property damages resulting from any one accident.

    (3)

    All of the foregoing insurance contracts shall be issued and maintained by companies authorized to do business in the Commonwealth of Virginia and acceptable to the county and said contracts shall provide for 30 days written notice of any cancellation to both the county and the grantee herein.