§ A580-16. Liability insurance.

Latest version.

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 Borough of Franklin Lakes as an additional insured and insuring against loss by any such claim, suit, judgment, execution or demand in the minimum amounts of $5,000,000 combined limit for bodily injury or death to one person or resulting from any one accident and/or property damage resulting from any one accident.

                    
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