Common use of PROHIBITED TERMS Clause in Contracts

PROHIBITED TERMS. Any term included in this Agreement that requires the State to indemnify or hold Grantee harmless; requires the State to agree to binding arbitration; limits Xxxxxxx’s liability for damages resulting from death, bodily injury, or damage to tangible property; or that conflicts with this provision in any way shall be void ab initio. Nothing in this Agreement shall be construed as a waiver of any provision of §00-000-000 C.R.S. Any term included in this Agreement that limits Grantee’s liability that is not void under this section shall apply only in excess of any insurance to be maintained under this Agreement, and no insurance policy shall be interpreted as being subject to any limitations of liability of this Agreement.

PROHIBITED TERMS. Any term included in this Agreement agreement that requires the State to indemnify or hold Grantee the Local Agency harmless; requires the State to agree to binding arbitration; limits Xxxxxxxthe Local Agency’s liability for damages resulting from death, bodily injury, or damage to tangible property; or that conflicts with this provision in any way shall be void ab initio. Nothing in this Agreement agreement shall be construed as a waiver of any provision of §00-000-000 C.R.S. Any term included in this Agreement agreement that limits Granteethe Local Agency’s liability that is not void under this section shall apply only in excess of any insurance to be maintained under this Agreementagreement, and no insurance policy shall be interpreted as being subject to any limitations of liability of this Agreementagreement.