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Obligation to Insure: The Permit Holder shall at all times during the agreed Term, be the holder of a current Public Liability Policy of insurance (“The Public Liability Policy”) in respect of the activities specified herein in the name of the Permit Holder providing coverage for a minimum sum of $10 million (or more). The Public Liability Policy shall be effected with an insurer approved by the Council.
The policy shall cover such risks and be subject only to such conditions and exclusions as are approved by the Council and shall extend to cover the Council with respect to claims for personal injury or property damage arising out of the negligence of the Hirer/User/Permit holder.
The Permit Holder agrees to indemnify and to keep indemnified, the Council, its servants and agents, and each of them from and against all actions, costs, claims, charges, expenses, penalties, demands, and damages whatsoever which may be brought or made or claimed against them, or any of them, in connection with the Permit Holders performance or purported performance of its obligations under the Permit once granted and be directly related to the negligent acts, errors or omission of the Permit Holder.
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