Common use of All Risk Property Insurance Clause in Contracts

All Risk Property Insurance. (i) An All Risk Property insurance policy including earthquake and flood shall be maintained during the course of Work being performed and include start-up and testing for installed equipment and delayed opening coverage. Such policy shall include coverage for materials and equipment while under the care, custody and control of the Seller during the course of Work, at the Site, offsite or while in transit to the Site. (ii) Coverage shall be written to cover the full replacement cost of the property. Limits and deductibles shall be approved by PG&E. (iii) PG&E shall be named as loss payee.

Appears in 10 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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