All Policies. Each insurance policy required by this Agreement shall be endorsed and state the coverage shall not be suspended, voided, cancelled by the insurer or either party to this Agreement, reduced in coverage or in limits except after 30 days' prior written notice by Certified mail, return receipt requested, has been given to District
All Policies. With respect to all Policies on which an Insured is to be a primary insured, the Insured shall deliver to the Agency a Certificate or Certificates evidencing all Policies required by this Section 8.1: (x) at the Commencement Date,
All Policies. Each insurance policy required by this paragraph 15 shall be endorsed and state the coverage shall not be suspended, voided, canceled by the insurer or either party to this Agreement, reduced in coverage or in limits except after 30 days' prior written notice by Certified mail, return receipt requested, has been given to the City.
All Policies a. ACCEPTABILITY OF INSURERS: Insurance is to be placed with insurers with a current A.M. Best's rating of no less than A-: VII. SACRAMENTO REGIONAL COUNTY SANITATION DISTRICT and SACRAMENTO AREA SEWER DISTRICT Risk Manager may waive or alter this requirement, or accept self-insurance in lieu of any required policy of insurance if, in the opinion of the Risk Manager, the interests of SACRAMENTO REGIONAL COUNTY SANITATION DISTRICT and SACRAMENTO AREA SEWER DISTRICT and the general public are adequately protected. SAMPLE
All Policies. (i) shall be maintained throughout the term of the Loan without cost to Lender and shall name each Borrower (and may name affiliates of each Borrower) as the named insured;
(ii) with respect to property insurance policies, shall contain a standard noncontributory mortgagee clause naming Lender and its successors and assigns as their interests may appear as first mortgagee and loss payee;
(iii) with respect to liability policies, except for workers compensation, employers liability and auto liability, shall name Lender and its successors and assigns as their interests may appear as additional insureds;
(iv) with respect to property insurance policies, shall either be written on a no coinsurance form or contain an endorsement providing that neither Borrower nor Lender nor any other party shall be a co-insurer under such Policies;
(v) with respect to property insurance policies, shall contain an endorsement or other provision providing that Lender shall receive 10 days’ prior written notice of cancellation thereof due to non-payment of premium;
(vi) with respect to property insurance policies, shall contain an endorsement providing that no act or negligence of Borrower or any foreclosure or other proceeding or notice of sale relating to one or more of the Properties shall affect the validity or enforceability of the insurance insofar as a mortgagee is concerned;
(vii) shall not contain provisions that would make Lender liable for any insurance premiums thereon or subject to any assessments thereunder;
(viii) shall contain a waiver of subrogation against Lender, as applicable;
(ix) may be in the form of a blanket or umbrella policy; and
(x) shall otherwise be reasonably satisfactory in form and substance to Lender and shall contain such other provisions as Lender deems reasonably necessary or desirable to protect its interests; provided, that nothing in this clause (x) shall require Borrower to obtain types of coverage that it does not typically carry, or coverage in an amount greater than it typically carries, each case in the ordinary course of its business.
All Policies a. ACCEPTABILITY OF INSURERS: Insurance is to be placed with insurers with a current A.M. Best's rating of no less than A-: VII. Risk Manager may waive or alter this requirement, or accept self-insurance in lieu of any required policy of insurance if, in the opinion of the Risk Manager, the interests of the Additional Insured Parties and the general public are adequately protected. SAMPLE
All Policies. With respect to all Policies on which an Insured is to be a primary insured, the Insured shall deliver to the Agency a Certificate or Certificates evidencing all Policies required by this Section 8.1: (x) at the Commencement Date, (y) prior to the expiration or sooner termination of Policies, and (z) prior to the commencement of any Construction. If the Certificate in question evidences CGL, such Certificate shall name the Agency as an additional insured in the following manner:
All Policies. Coverage shall not be suspended, voided, canceled, reduced in coverage or in limits except by the reduction of the applicable aggregate limits by claims paid, until after ( ) days’ prior written notice has been given to the Landlord, Tenant and Trustee ( ( ) days for nonpayment of premiums).
All Policies. Each insurance policy required by this Agreement shall be endorsed and state the coverage shall not be suspended, voided, cancelled by the insurer or either party to this Agreement, reduced in coverage or in limits except after 30 days' prior written notice by Certified mail, return receipt requested, has been given to City.
All Policies. AWIS shall pay to Producer commissions on premiums (excluding taxes and fees) that are actually paid to AWIS or its insurer in valid and collectable funds for policies ordered through AWIS by Producer. The commission rate payable to Producer for such policies shall be determined by AWIS on a policy-by-policy basis and shall be specified in each quote for insurance and invoice provided to Producer by AWIS. Producer’s acceptance of the commission rate specified in its insurance quote is deemed complete at the time the policy is bound, unless Producer notifies AWIS in writing prior to requesting that coverage be bound, and AWIS agrees in writing to change the rate of commission. In the event a policy is cancelled or endorsed resulting in a return premium, producer shall return its unearned commission on such return premium (at the same rate of commission as producer was paid on the policy) to the appropriate party (as indicated on AWIS’s invoice) within thirty (30) days of AWIS’s invoice, or sooner if so required by applicable law. Producer’s obligation to make applicable payments to AWIS is not contingent upon the issuance of a policy. Any credit extended to the Insured or others shall be at the sole risk and responsibility of the Producer unless agreed to in writing by an officer of AWIS. If Producer is not in default as respects any of its obligations under this Producer Agreement, Producer may withhold its commission from premiums it remits to AWIS for business produced hereunder. Producer may arrange for Premium Financing of policies written under this agreement. However, Producer, his agents, employees, and representatives shall not arrange any Premium Financing wherein the premium advanced under such agreement is paid to anyone other than AWIS. All premium finance contracts arranged by Producer must require direct payment of the financed premium to AWIS. Producer’s failure to comply with this requirement shall be deemed a material breach of this Agreement, and shall constitute grounds for immediate termination of Producer’s appointment with AWIS. Producer shall further request that all premium finance agreements arranged by Producer contain a provision requiring the premium finance company to notify AWIS of said premium financing. The parties agree that this paragraph shall not apply to premium financing contracts arranged directly by an applicant or insured without Producer's involvement.
