Alternative Insurance. 2 5. Delivery of Shares; Payment of the Purchase Price .......................... 2 6. Direction to Shareholder's Heirs, Successros, and Legal Representatives .... 2 7.
Alternative Insurance. If for some reason any Specified Insurance Policy ---------------------- ceases to be available prior to its Expiration Date, or its premium ceases to be fixed at current levels prior thereto, the Corporation will, in consultation with Shareholder, purchase and maintain alternative term insurance for the duration of the period through such Expiration Date providing the maximum coverage then available for the same premium.
Alternative Insurance. (a) Notwithstanding the provisions of Sections 27.1 to 27.5, the Co-Owner that is not the Operator may at any time not less than 30 days prior to the annual insurance renewal date or at any other time mutually agreed between the Co-Owners, elect 113 by written notice to the Operator, not to participate in whole or in part as an insured in the insurance to be obtained and maintained by the Operator under Section 27.1(a). In such event:
Alternative Insurance. City at its option may meet the above insurance requirements via commercial insurance, a qualified program of self-insurance, alternative risk financing solutions, or a combination of these options, after such method has been disclosed to and approved by Microsoft.
Alternative Insurance. Program If your proposal is conditioned on an alternative insurance program (i.e., one that is not made up of traditional, placed policies in the form and substance called for in Exhibit 1 to the Special Terms and Conditions, such as self-insurance), then, in addition to indicating “NO” on Attachment 5-B [Conformance Statement], you must submit a comprehensive description of your proposed program as a Supplement to the attachment. In that supplement, document how your alternative program provides State a materially equivalent degree of protection compared to the mandatory program specified in the Solicitation. Procurement Officer shall determine whether or not the proposed alternative program meets State’s protection needs in the current circumstances, giving fair consideration to the growing use of alternative programs in industry. If Procurement Officer’s reasonable determination is that the proposed alternative program does not meet those needs, then he or she may determine Offeror to be Not Responsible. If you want to vet your proposed alternative insurance program with Procurement Officer before submitting your Offer, submit them no less than 5 (five) business days before the Offer due date and time using the inquiries procedure set forth in in paragraph 2.4, Although you may, if you so choose, submit your Offer conditioned on an alternate program using Attachment 5-B [Conformance Statement], doing so may affect whether or not the offer is determined Responsive or how it is scored in Evaluation (depending on the nature of the variances). Procurement Officer’s pre-offer advice as to whether or not the potential variances might be deemed material (and thus likely resulting in a determination of Not Susceptible for Award) or might affect Evaluation (if it is significant but not material) is for convenience only – only a determination consistent with the Arizona Procurement Code is an official statement.
