§ 59-17. Liability insurance.

A. 

The company agrees to maintain and keep in full force and effect at its sole expense at all times during the term of this consent, sufficient liability insurance naming the Township as an insured, and insuring against loss by any such claim, suit, judgment, execution or demand in the minimum amounts of $1,000,000 covering liability for any death, personal injury, property damages or other liability arising out of its construction and operation of the cable television system, and an excess liability (or umbrella) policy in the amount of $5,000,000.

B. 

The company agrees to provide the Township with adequate notice of a change in or cancellation of its liability insurance policy. The company further agrees to resubmit proof of insurance coverage upon request.