Common use of HOLD HARMLESS AGREEMENT & INSURANCE Clause in Contracts

HOLD HARMLESS AGREEMENT & INSURANCE. In exchange for the right to provide the Stand at the Festival, the Association/Vendor shall and hereby agrees to indemnify, defend and hold the Chamber and its representatives and agents harmless from any claim, demand, action, cause of action, loss, cost, expense, liability, administrative order, consent agreement and order, penalty, interest or damage, including, without limitation, reasonable attorneys’ fees, and all costs and expenses of all actions, suits, proceedings, demands, assessments, claims, and judgments resulting from, occurring in connection with, or arising out of the negligent or intentional acts or omissions of Association/Vendor or its representatives or its agents in connection with this Contract or any transaction contemplated herein. The indemnification, defense, and hold harmless obligations of Association/Vendor listed here shall be ongoing and shall survive any termination or expiration of this Contract. The Association/Vendor shall procure and maintain, at its expense, ISO general liability insurance in a minimum amount of $1,000,000 that specifically indicates coverage for all activities of the Association/Vendor during its use of the Facility. The Association/Vendor shall provide proof of insurance to the Chamber and the Chamber shall be named as additionally insured on the policy.