INSURANCE REQUIREMENTS
A. Throughout the period of this Agreement, Licensee shall maintain commercial general liability
and property damage insurance (hereinafter collectively “insurance”) through a carrier licensed to do
business in New York State. Licensee shall provide Licensor with a certificate of insurance at least three (3)
days prior to the Event. Licensee shall be required to provide Insurance coverage in no less than the
following amounts:
Combined Single Limit: One Million Dollars ($1,000,000.00) per occurrence
for bodily injury & property damage
Aggregate: Three Million Dollars ($3,000,000.00) per location
Such insurance may be carried under a blanket policy covering each of the Premises and other locations of
Licensee, if any, provided that (x) a certificate of insurance is issued to Licensor or (y) such a policy
contains an additional insured endorsement, including a declarations page showing Licensee’s liability
limits under this Article VII, and, in either case, (i) naming Licensor and its Additional Insureds (as
hereinafter defined) as additional insureds, (ii) specifically referencing each of the Premises; and (iii)
guaranteeing a minimum limit available for each Premises equal to the limits of liability required under this
Agreement.
B. All insurance policies required hereunder shall be endorsed to and name The City University of
New York, the Dormitory Authority of the State of New York, the State of New York and the City of New
York, as well as their respective officers, directors and employees, as additional insureds (the “Additional
Insureds”).