Common use of Adjustments in Coverage Amounts Clause in Contracts

Adjustments in Coverage Amounts. (a) All insurance coverage limits stipulated in Section 17.01(b), as well as deductibles and self-insured retentions, will be reviewed every three years and adjusted as appropriate, in line with such amounts that would be insured by a prudent business similar to, and undertaking similar activities to, the Concessionaire; provided, that no such review or adjustments will be required with respect to insurance coverage required for the Design-Build Work.

Adjustments in Coverage Amounts. (a) All insurance coverage limits stipulated in Section 17.01(b18.01(b), as well as deductibles and self-insured retentions, will shall be reviewed every at three years yearly intervals and adjusted increased as appropriate, in line with such amounts that would be insured by a prudent business similar to, and undertaking similar activities to, the Concessionaire; provided, that no such review or adjustments will be required with respect to insurance coverage required for the Design-Build Work.