7.3. SR 04/20/2009 - Laserfiche WebLink

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overnight, the Borrowing Party will store the Equipment in a secure manner in its own building. 7. If the Lending Party needs the Equipment for an emergency situation, the Equipment must be returned immediately to the Lending Party. 8. The Parties shall provide training to each other on the safe operation of the Equipment prior to its use. Only staff trained to operate the borrowed Equipment shall operate it. 9. The Borrowing Party shall be responsible for transporting the Equipment to and from the work site unless other arrangements are made. SECTION II. INSURANCE AND LIABILITY 1. Insurance. Each party shall maintain property and liability coverage on the Equipment with its respective provider at statutory limits. 2. Workers' Compensation. Each party shall be responsible for injuries or death of its own personnel while using the Equipment. Each party will maintain workers' compensation insurance or self-insurance coverage, covering its own personnel while they are using any Equipment pursuant to this Agreement. Each party waives the right to sue the other party for any workers' compensation benefits paid to its own employee or their dependents, even if the injuries were caused wholly or partially by the negligence of the other party or its officers, employees, volunteers or agents. 3. Dama eg to Equipment. Each Party shall maintain its own Equipment and be responsible for normal wear and tear to its own Equipment, including normal wear and tear to Equipment incurred while the Equipment is on loan to the other Party. Damage to Equipment beyond normal wear and tear, including damage from misuse, accident, vandalism or otherwise, shall be the responsibility of the Borrowing Party if the damage is incurred while the Equipment is being used by or in the possession of the Borrowing Party. The Lending Party may require the Borrowing Party to have such damage beyond normal wear and tear repaired, or may have the Equipment repaired itself. If the Lending Party has such damage repaired, the Borrowing Party shall reimburse the Lending Party for the Lending Party's out of pocket cost to have the Equipment repaired. 4. Liability. The Borrowing Party agrees to defend and indemnify the Lending Party against any claims brought or actions filed against the Lending Party or any officer, employee, or volunteer of the Lending Party for injury to, death of, or damage to the property of any third person or persons, arising from the performance and sharing of Equipment pursuant to this Agreement. Under no circumstances, however, shall a party be required to pay on behalf of itself and the other party, any amounts in excess of the limits on liability established in Minnesota Statutes, Chapter 466, applicable to any one party. 2