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(S3OO,O00.O0) as to any one accident. The 'Company shall also <br /> carry such insurance as it deems necessary to protect it from <br /> all claims under the Workmens Compensation.Laws in effect that <br />'may be applicable to the Company. All insurance required by <br /> this Agreement shall be and remain in full force and effect for <br /> the entire life of this ordinance. Said policy or policies or <br /> insurance or a certified copy or copies thereof shall be <br /> approved by the Director of Law of said City and be deposited <br /> with and kept on file in the office of said director. <br /> <br />shall be and the same is hereby amended to read as follows: <br /> <br />Section 6. At all times du~ing the term of the franchise, Grantee <br />shall obtain, pay all premiums for and file with the'City executed <br />duplicat~ copies and receipts evidencing the payment of premiums <br />for the following: <br /> <br />(al <br /> <br />(b) <br /> <br />A general comprehensive public liability insurance policy <br />indemnifying, defending and saving harmless the City, itsI <br />officers, boards, comhissions, agents, or employees from <br />any and all claims'by any person whatsoever on account of <br />injury to or death of a person or persons occasioned by <br />the operations of th6 Grantee under franchise herein granted <br />or alleged to have been so caused or occurred with a <br />minimum liability of Five Hundred Thousand Dollars <br />(S500,000.00} for personal injury or death of any one <br />person and One Million Dollars (.$1,000,O00.00) for personal <br />injury or death of any two (2)or more persons'in any one <br />occurrence~ ' <br /> <br />Property damage'insurance indemnifying, defending and saving <br />harmless the City, its officers, boards, commissions, Qgents <br />and employees from and against all claims by any person <br />whatsoever for property damage occasioned by the operation <br />of the Grantee under the franchise herein granted or alleged <br />to have been so caused or occurred with a minimum liability <br />of Two Hundred Fifty Thousand'Dollars {$250,00D.00) for <br />property damage to any one person andFive Hundred Thousand <br />Dollars ($500,000.00) for property damage to two (2) or more <br />persons in any one occurrence. <br /> <br /> {c) One Nillion Dollars {$1,000,O00.00) for 'all other types of <br /> liability. Such insurance shall be kept in full force and <br /> effect by the Grantee during the existence of and until after <br /> the removal of all poles, wires, cables, undergrobnd conduits, <br /> manholes, and other conductors and fixtures incident to the <br /> · maintenance and operation of the CATV System as defined in <br /> the Franchise. .. <br /> <br />{d} The Company s~all also carry such insurance as it deems. <br /> necessary to protect it from all claims under the Workers' <br /> Compensation Laws in effect.that may be applicable'to the <br /> Company. m '' <br /> <br />All of the foregoing insurance contract~ shall be in form satisfactory <br />to the City and shall be issued and main'tailed by companies authorizAd <br />to do business in the State of Ohio and acceptable to the City and <br />they shall require thirty {30) days written notice of any cancellation <br />to both the City and the Grantee herein, and a copy of said policy <br />shall be filed with the City. , <br /> <br /> Section 3. That the first paragraph of Section 7 of Ordinance No. <br />34-72, adopted June 19, 1972, now reading as follows: <br /> <br /> <br />