Additional Insurance Terms Sample Clauses
POPULAR SAMPLE Copied 1 times
Additional Insurance Terms. (a) If a Party is responsible, pursuant to this Agreement, for any loss or damage sustained by the other Party and that loss or damage is covered by an insurance policy, the Parties agree to use commercially reasonable efforts to collect insurance proceeds pursuant to such policy. To the extent that such insurance proceeds are collected, then the Party responsible for the loss or damage pursuant to the terms of this Agreement shall be entitled to receive such insurance proceeds directly from the insurer or to have them paid over by the other Party, if such other Party has received such proceeds.
(b) To the extent that Contractor is entitled to a payment from an insurer under the OCIP for any claim for which Contractor is required to indemnify Owners under Article 15, Contractor shall be responsible for the deductible, not to exceed the Contractor’s Deductible Portion per occurrence.
(c) Contractor’s responsibility for a portion of the applicable insurance deductible (“Contractor’s Deductible Portion”) pursuant to Sections 14.1(b), 14.2(b), 15.2(a), 15.2(b), 16.4(b) and 21.2(a) shall be limited to [***] on a per occurrence basis.
Additional Insurance Terms. All Obligatory Insurance Policies shall:
(a) include the ACP as a co-insured party;
(b) include a waiver of any right of subrogation of the insurers thereunder against, amongst others, the ACP and its assigns and successors and its and their respective Affiliates, employees officers and directors of any right of the insurers to any set-off or counterclaim or any other deduction, whether by attachment or otherwise, in respect of any liability of any such person insured under any Obligatory Insurance Policy or in any way connected with any loss, liability or obligation covered by the Obligatory Insurance Policies; and
(c) include non-vitiation protection in respect of any claim made by the ACP as co-insured.
Additional Insurance Terms. Any and all insurance obtained pursuant to Section 7.1 shall (i) contain or be endorsed to contain a provision that includes Authority, its officials, directors, officers, agents, and employees (collectively, its “Representatives”) as additional insureds with respect to liability arising out of work or operations performed by or on behalf of Contractor including materials, part, or equipment furnished in connection with the Services; (ii) contain no special limitations on the scope of its protection afforded to Authority or its Representatives; (iii) be the primary insurance covering Authority and its Representatives for any claims related to this Agreement; and (iv) contain or be endorsed to contain a waiver of subrogation against Authority and its Representatives. Any insurance or self-insurance programs covering Authority or its Representatives shall be excess of Contractor’s insurance and shall not contribute with it. With respect to any and all insurance obtained pursuant to Section 7.1, Contractor shall: (i) place such insurance with an insurer that shall have no less than an "A-, Financial Size VII" rating according to A.M. Best's Company rating and shall be authorized to do business in Tennessee; (ii) replace certificates, policies and/or endorsements for any such insurance expiring prior to the end of the Agreement Term; and (iii) provide certified copies of endorsements and policies in lieu of or in addition to certificates of insurance. If Contractor has or obtains primary and excess policies, there shall be no gap between the limits of the primary policy and the deductible features of the excess policies. Contractor shall require that all subcontract ors maintain from the time they are subcontracted and thereafter throughout the remainder of the Agreement Term commercial general liability insurance, business automobile liability insurance and worker’s compensation/employers liability insurance (unless subcontractor’s employees are covered by Contractor’s insurance) in the same manner as specified above for Contractor. Contractor shall provide such subcontractor’s certificates of insurance to Authority. Should any of the required insurance be provided under a claims-made form, Contractor shall maintain such coverage continuously as provided hereinabove and, without lapse, for a period of one year beyond the expiration of this Agreement, to the effect that, should occurrences during the term of the Agreement give rise to claims made after expirat...
Additional Insurance Terms. Tenant shall not violate, or permit to be violated, any of the conditions of any of the said policies of insurance, and Tenant shall perform and satisfy the requirements of the companies writing such policies so that companies of good standing, reasonably satisfactory to Landlord, shall be willing to write and/or continue such insurance. Tenant shall not carry separate or additional insurance affecting the coverage described in this Article VII, concurrent in form and contributing in the event of any loss or damage to the Premises with any insurance required to be obtained by Prime Landlord or Landlord or Tenant under this Lease, unless such separate or additional insurance shall comply with and conform to all of the provisions and conditions of this Article. Tenant shall promptly give notice to Landlord of such separate or additional insurance. The parties expressly acknowledge that this Lease may not provide for insurance coverage of Tenant’s personal property on or about the Premises, and Tenant shall be entitled to insure the same in any amount that Tenant desires or deems appropriate. The insurance required by this Lease, at the option of the insuring party, may be effected by blanket and/or umbrella policies issued to the insuring party covering the Premises and other properties owned or leased by the insuring party, provided that the policies otherwise comply with the provisions of this Lease and such policies and the certificates required hereunder specifically allocate to the Premises the specified coverage required hereunder, without possibility of reduction or coinsurance by reason of, or damage to, any other premises named therein.
Additional Insurance Terms. Member Company understands and acknowledges that if Member Company fails to obtain insurance in accordance with the terms of this Agreement, WeWork will suffer damages that are difficult to determine and accurately specify. Accordingly, if Member Company does not have the requisite commercial general liability insurance (the “Required CGL Insurance”) in place at any time during the Term, or if Member Company fails to provide proof of insurance as requested by WeWork, WeWork shall be entitled to charge Member Company a monthly surcharge equivalent to $15 multiplied by the Capacity of the Office Space per month (the “Missing Insurance Fee”) which shall be added to Member Company’s invoices and paid in accordance with the terms of this Agreement until Member Company provides WeWork with proof that it holds the Required CGL Insurance. The parties agree that the Missing Insurance Fee is a reasonable approximation of the actual loss likely to be suffered by WeWork in the event Member Company does not have the Required CGL insurance in place and does not constitute a penalty. For the avoidance of doubt, payment of the Missing Insurance Fee is not an alternative to Member Company procuring the Required CGL Insurance and/or complying with its other obligations pursuant to this Section of the Agreement. WeWork reserves the right to pursue additional rights, claims, or remedies in WeWork’s discretion.
Additional Insurance Terms. With the exception of Workers’ Compensation and Employer’s Liability, each insurance policy listed above, must name City as an additional insured under the policy(s). All insurance policies shall be primary and not in excess to or contributory with any self-insurance or insurance policies carried by City and shall provide that the policy may not be cancelled without 30 days’ prior written notice to City. Spin may use subcontractors in the performance of this Agreement and subcontractors shall procure and/or maintain insurance coverage at the limits described above.
Additional Insurance Terms. 8 10.1 ATTORNEY shall obtain endorsements to the Commercial General Liability 9 insurance naming the County of Fresno, its officers, agents, and employees, individually 10 and collectively, as additional insured, but only insofar as the operations under this 11 Agreement are concerned. Such coverage for additional insured shall apply as primary 12 insurance and any other insurance, or self-insurance, maintained by COUNTY, its 13 officers, agents and employees shall be excess only and not contributing with insurance 14 provided under ATTORNEY’s policies herein. This insurance shall not be cancelled or 15 changed without a minimum of thirty (30) days advance written notice given to COUNTY.
16 10.2 Within thirty (30) days from the date ATTORNEY executes this Agreement, 17 ATTORNEY shall provide certificates of insurance and endorsement as stated above for 18 all of the foregoing policies, as required in Section 9 herein, to the County of Fresno, 19 Personnel Services Division, Risk Management, stating that such insurance coverage 20 have been obtained and are in full force and effect; that the County of Fresno, its officers, 21 agents and employees, individually and collectively, have been named as additional 22 insured, but only insofar as the operations under this Agreement are concerned.
23 10.3 In the event ATTORNEY fails to keep in effect at all times insurance 24 coverage as herein provided, the COUNTY may, in addition to other remedies it may 25 have, suspend or terminate this Agreement upon the occurrence of such event.
26 10.4 All policies shall be issued by admitted insurers licensed to do business in 27 the State of California, and such insurance shall be purchased from companies 28 possessing a current A.M. Best, Inc. rating of A FSC VII or better. 1 SECTION 11
Additional Insurance Terms. All insurance coverage shall be provided by responsible agencies licensed to do business in California and with an A.M. Best’s rating of no less than A:6 unless otherwise approved by the City of Los Angeles’ Risk Manager. The insurance coverage and dollar limits required must be evidenced on properly executed Certificates of Insurance. The certificates and endorsements should be on forms provided by the District or the City of Los Angeles, or on other than the District and City of Los Angeles’s forms, provided those forms and endorsements conform to the requirements. All certificates and endorsements are to be received and approved by the City of Los Angeles before work commences. The District and the City of Los Angeles reserves the right to require complete, certified copies of all required insurance policies, including endorsements affecting the coverage required by these specifications at any time. Renewal certificates shall be provided no less than thirty working days prior to the expiration date of current coverage. Insurance policies shall contain, or be endorsed to contain the following provisions: - Commercial General Liability, Automobile Bodily Insurance and Property Damage Liability: Venice Beach Property Owners Association dba Venice Beach Business Improvement District, its officers, officials, employees, and volunteers as well as the City of Los Angeles, its officers, officials, employees, and volunteers are to be covered as additional insureds with respect to liability arising out of automobiles owned, leased, hired, or borrowed by or on behalf of the Contractor; and with respect to liability arising out of work or operations performed by or on behalf of the Contractor including materials, parts or equipment furnished in connection with such work or operations. Under the CGL policy, using the Insurance Services Office additional insured endorsement form CG 20 10 or a substitute providing equivalent coverage, and under the commercial umbrella, if any. The VBPOA, the City and other additional insureds mentioned in this paragraph shall not, by reason of their inclusion as additional insureds, become liable for any payment of premiums to carriers for such coverage. For any claims related to this project, the Contractor’s insurance coverage shall be primary and noncontributory and contain a waiver of subrogation as respects the VBPOA, its officers, officials, employees, and volunteers, as well as the City of Los Angeles, its officers, officials, ...
