Incident Management and Notifications. The Concessionaire shall provide notice to the City within 24 hours of all emergencies, and promptly provide notice to the City of all accidents and incidents occurring on or at the System, and of all claims in excess of $50,000 made by or against the Concessionaire, or potential claims in excess of $50,000 that the Concessionaire reasonably expects to make against, or to be made against it by, third parties.
Appears in 2 contracts
Samples: Concession and Lease Agreement, Concession and Lease Agreement
Incident Management and Notifications. The Concessionaire shall provide notice to the City within 24 hours of all emergencies, known to the Concessionaire or the Operator, and promptly provide notice to the City Government Parties of all material accidents and incidents occurring on or at with respect to the Metered Parking System, and of all claims in excess of $50,000 made by or against the Concessionaire, or potential claims in excess of $50,000 that the Concessionaire reasonably expects to make against, or to be made against it by, third parties.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Incident Management and Notifications. The Concessionaire shall provide notice to the City within 24 hours of all emergencies, known to the Concessionaire or the Operator, and promptly provide notice to the City of all material accidents and incidents occurring on or at with respect to the Metered Parking System, and of all claims in excess of $50,000 made by or against the Concessionaire, or potential claims in excess of $50,000 that the Concessionaire reasonably expects to make against, or to be made against it by, third parties.
Appears in 2 contracts
Samples: Chicago Metered Parking System Concession Agreement, Concession Agreement