R98-85 AUTHORIZING NEGOTIATION AND EXECUTION OF AGREEMENT

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15. As a self-insurer, the City will have the same obligations to defend and protect ATE � and TMD as a third-party insurer would have under standard policies of automobile and general liability insurance. 16. If requested by the City, TMD shall furnish fire and extended damage coverage in the amount of the full insurable value of each transit coach in the transit system with a deductible clause not to exceed $5,000.00. 1 I 7. n addition to the above s ecified forms of insurance covera e to be in effect durin P g g the term of this Agreement, TMD shall obtain any other insurance coverage which is customarily maintained by the transit industry with respect to similar transit operations. 18. All insurance policies shall by their terms or by specific endorsement designate the City and ATE and TMD as co-insureds. City shall reimburse TMD for the premium or other expense to ATE arising from the furnishing by TMD of the bonds and contracts of insurance required by this Agreement. The City hereby releases and agrees to hold ATE and TMD and their employees harmless from and against any and all liability for loss of or damage to the vehicles or other properties of the City and the City hereby waives on behalf of itself and its insurer any and all rights of subrogation against ATE or TMD or their employees. 19. For those risks not covered by the contract or insurance maintained pursuant to this Agreement, the City shall, at City's own expense, defend all claims and suits that may be brought against ATE or TMD or any of their employees on account of, or in connection with, or by reason of any damage or injury to life, limb or property connected with, growing out of or caused by any act or omission to act of Operator or any employee of ATE or TMD in or about the management or operation of said transit system or facilities hereunder and shall save and keep harmless ATE or TMD and their employees from any and all damages, judgments, costs and 7