§ 44-7. Defense and indemnification; insurance requirements.

Each licensee shall, as a condition of approval of its application, enter into an agreement with the Township saving the Township harmless from any and all loss sustained by the Township by reason of any suit, judgment, execution, claim or demand whatsoever resulting from any action on the part of the licensee in the construction, operation, or maintenance of its television system within the Township. For this purpose, each licensee shall carry property damage and public liability insurance with an insurance company qualified to do business in the Commonwealth of Pennsylvania. Each licensee shall carry at least the following minimum amounts of insurance: liability owing to damage to property, $100,000 per accident; against liability owing to injury to or death of person, $500,000 per person and $2,000,000 per accident. Each licensee shall also carry workmen's compensation insurance and such other insurance as may be required by the laws of the Commonwealth of Pennsylvania in such amounts as may be required. The Township shall notify a licensee within 30 days after the presentation of any claim or demand, either by suit or otherwise, made against the Township on account of any activity as aforesaid on the part of any licensee, provided that the failure of the Township to notify the licensee shall not relieve the licensee of its obligations hereunder unless the licensee is actually prejudiced as a result of the failure of the Township to notify it as to any claim or demand. As a condition of the approval of any application hereunder, the Township may require the posting of bond, with such surety as the Township deems appropriate, in form satisfactory to the Township and in such amount as the Township deems satisfactory to guarantee that all undertaking and obligations of each licensee pursuant to this chapter shall be performed in a timely manner.