Each holder of a certificate shall indemnify and save free and harmless the city against and from all damages, judgments, decrees, costs and expenditures which the city may suffer or which may be recovered from or obtained against the city during the time the certificate is in force for or by reason of acts done by the owners, their employees or agents during the time such certificates are in force, or growing out of or resulting from the exercise by such certificate holder of any or all of the rights and privileges granted by his certificate, or any act of the servants or agents thereof, under or by virtue of the provisions of this chapter, the resolution authorizing the issuance of the certificate or the certificate under which such owner is operating. (Ord. 2217 NCS §2 (part), 2005.)