Additional Policy Requirements. In the event the primary insurance policy does not so provide, PSP shall obtain and maintain endorsements for each deficient policy, or provide such other document(s) as may be approved in advance by TFC, that satisfy all of the following requirements:
10.2.3.1. naming “Texas Facilities Commission, X.X. Xxx 00000, Xxxxxx, Xxxxx 00000, its officials, directors, employees, representatives, and volunteers” as additional insureds, provided however, this requirement does not apply to professional liability insurance or workers’ compensation insurance;
10.2.3.2. the policy, or such other document(s) as may be acceptable to TFC, must obligate the insurer, or a third-party acceptable to TFC, to notify the Texas Facilities Commission, Attention: Insurance Specialist, X.X. Xxx 00000, Xxxxxx, Xxxxx 00000, of any (i) non-renewal; (ii) cancellation; or (iii) material changes, in writing, at least thirty (30) days prior to change or cancellation for any reason, except in the case of cancellation for non-payment of premiums, for which the notification must be at least ten (10) days prior to cancellation.
Additional Policy Requirements. In the event the primary insurance policy does not so provide, A/E shall obtain and maintain endorsements for each deficient policy, or provide such other document(s) as may be approved in advance by TFC, that satisfy all of the following requirements.
10.3.3.1. Naming “Texas Facilities Commission, P.O. Box 13047, Austin, Texas 78711, its officials, directors, employees, representatives, and volunteers” as additional insureds, provided however, this requirement does not apply to professional liability insurance or workers’ compensation insurance.
10.3.3.2. The policy, or such other document(s) as may be acceptable to TFC, must obligate the insurer, or a third-party acceptable to TFC, to notify the Texas Facilities Commission, Attention: Insurance Specialist, P.O. Box 13047, Austin, Texas 78711, of any (i) non-renewal; (ii) cancellation; or (iii) material changes, in writing, as soon as is reasonably possible prior to any such non-renewal, cancellation or change.
Additional Policy Requirements. Any policies of insurance carried in accordance with this Agreement and any policies taken out in substitution or replacement of any such policies shall:
8.1.1. name Time Share Lessee as an additional insured;
8.1.2. include a severability of interest clause providing that such policy shall operate in the same manner as if there were a separate policy covering each insured;
8.1.3. shall be primary, without right of contribution from any other insurance maintained by Time Share Lessee; and
8.1.4. as respects hull physical damage, waive any right of set off or subrogation against Time Share Lessee.
Additional Policy Requirements. All such policies will also cover Sun Country’s and a Sun Country Provider’s (as applicable) liability under this Agreement for any acts by subcontractors and will afford coverage for the Aircraft both in flight and not in flight, as applicable. In the event that any insurance on the Aircraft which is required by this Section 9 is invalidated or is otherwise not in effect for any reason, the Aircraft must not be used to perform the Services until such time as the insurance is again valid and in full force and effect; except that such lapse in insurance will not excuse a breach of the Carrier’s obligations under this Agreement. Sun Country and the Sun Country Provider (as applicable) will not permit its insurance policy coverage limits to be reduced below the minimum amounts set forth above or any such policy to be cancelled or allowed to expire without at least [***] days ([***] days for nonpayment of premiums and [***] days, or such other period as is then customarily obtainable in the industry, in the case of any hull war and allied perils coverage) prior written notice to Amazon (provided that such notice will be a lesser period customary in the commercial aviation insurance industry with respect to war risk coverage). Sun Country and each Sun Country Provider (as applicable) will cause Amazon and each of its Affiliates and their officers, directors, employees, lessors and any other parties required by Amazon, at Amazon’s reasonable request, (“Additional Insureds”) to be named as additional insureds and coverage will be primary, without right of contribution from the Additional Insureds or their insurers on the policies required pursuant to this Section 9.1.1 and 9.1.2 and will submit certificates of insurance for the coverage required under this Section 9 at commencement of the Services and at Amazon’s request. The Carrier will send certificates of insurance via email to [***]. Amazon’s knowledge or approval of any of Sun Country’s or a Sun Country Provider’s insurance policies does not relieve or limit any of Sun Country’s or such Sun Country Provider’s obligations under this Agreement, including liability under Section 7 or Section 8 for claims exceeding required insurance limits. The requirements described in this Section 9 are collectively referred to as the “Insurance Requirements”.
Additional Policy Requirements. All insurance policies required to be procured under this License shall be effected under valid policies issued by insurers which have an Xxxxxx X. Best Company, Inc. rating of “A-“ or better and a financial size category of not less than “X” (or if Xxxxxx X. Best Company, Inc. no longer uses such a rating system, then the equivalent or most similar rating under the rating system then in effect, or if Xxxxxx X. Best Company, Inc. is no longer the most widely accepted rater of the financial stability of insurance companies providing coverage such as that required by this License, then the equivalent or most similar rating under the rating system then in effect of the most widely accepted rater of the financial stability of such insurance companies at the time). Each and every policy required to be carried hereunder shall provide for waivers of subrogation by endorsement or other means which waiver of subrogation shall be effective as to any Party, provided however, that the Licensee Worker’s Compensation Policy shall only have to comply when this subsection (b) is available. Each and every insurance policy required to be carried hereunder by or on behalf of any party shall provide (and any certificate evidencing the existence of each such insurance policy shall certify) that such insurance policy shall not be cancelled, non-renewed or coverage there under materially reduced unless the other Parties shall have received written notice of cancellation, non-renewal or material reduction in coverage, in each such case (except for notice of cancellation due to non-payment of premiums) such written notice to be sent to the other parties not less than ninety (90) days (or the maximum period of days permitted under applicable law, if less than ninety (90) days prior to the effective date of such cancellation, non-renewal or material reduction in coverage, as applicable. In the event any insurance policy is to be canceled due to non-payment of premiums, the requirements of the preceding sentence shall apply except that the written notice shall be sent to the other parties on the earliest possible date but in no event less than ten (10) days prior to the effective date of each cancellation.
Additional Policy Requirements. In the event the primary insurance policy does not so provide, Contractor shall obtain and maintain endorsements as to each deficient policy, or provide such other document(s) as may be approved in advance by TFC, that satisfy all of the following requirements:
Additional Policy Requirements. Each insurance policy shall:
(i) provide that (A) Lender shall receive thirty (30) days’ notice of any modification, cancellation or expiration of the policy and (B) any such modification, cancellation or expiration without such notice shall not be effective against Lender;
(ii) be issued by an insurer authorized to do business in the state in which the Property is located and which is rated A, X or better by Best’s Key Rating; and
(iii) specifically state on the evidence thereof provided to Lender in accordance with this Section 1, any exclusion or condition which is a deviation from standard insurance language or forms.
Additional Policy Requirements. Any policies of insurance carried in accordance with this Insurance Addendum and any policies taken out in substitution or replacement of any such policies (i) shall be endorsed to name Lessor as the owner of the Aircraft and as additional insured as its interests may appear (but without responsibility for premiums), (ii) with respect to insurance carried in accordance with Paragraphs (b) or (c), as applicable, shall provide that any amount payable thereunder shall be paid to Lessor and Lessee as joint loss payees, (iii) shall provide for thirty (30) days written notice by such insurer of cancellation, material change, or non-renewal; provided, however, that as to only any nonpayment of premium, shall provide for ten (10) days written notice by such insurer of cancellation with regard to any such nonpayment of premium, (iv) include a severability of interest clause providing that such policy shall operate in the same manner as if there were a separate policy covering each insured, (v) waive any right of set-off against Lessee or Lessor, and any rights of subrogation against Lessor, (vi) shall provide that in respect of the interests of Lessor in such policies, the insurance shall not be invalidated by any action or inaction of Lessee or any other Person operating or in possession of the Aircraft regardless of any breach or violation of any warranties, declarations or conditions contained in such policies by or binding upon Lessee or any other Person operating or in possession of the Aircraft, and (vii) shall be primary, not subject to any co-insurance clause and shall be without right of contribution from any other insurance. Notwithstanding clause (ii) of the preceding sentence, so long as no Default has occurred and is continuing, and no Event of Default or Event of Loss with respect to the Aircraft has occurred, the amounts referred to in clause (ii) may be paid, as applicable, either (A) if $100,000.00, or more, in the aggregate, to Lessor and Lessee, jointly, as their interests may appear, and released by Lessor to Lessee or other appropriate Persons in payment of the costs actually incurred with respect to repairs made to the Aircraft so as to restore it to the operating condition required by the Return Addendum or any other applicable provision of the Lease, or shall be disbursed by Lessor as otherwise required by the Lease, or (B) if less than $100,000.00 in the aggregate, to Lessee (and such amounts shall be applied by Lessee to pay the costs of s...
Additional Policy Requirements. In the event the primary insurance policy does not so provide, ESCO shall obtain and maintain endorsements as to each deficient policy, or provide such other document(s) as may be approved in advance by TFC, that satisfy all of the following requirements:
Additional Policy Requirements. 15 SECTION 10. DAMAGE, DESTRUCTION AND CONDEMNATION.....................................16
