Common use of Best Company Clause in Contracts

Best Company. The Manager shall cause all insurance to be in full force and effect as of the commencement date of this Agreement and to remain in full force and effect throughout the term of the Agreement and as further required by the Agreement. Not less than thirty days prior to the expiration date or renewal date, the Manager shall supply the Fund with updated replacement certificates of insurance and endorsements. The Manager shall advise the Fund of any letter or notification that cancels, materially changes, or non- renews the policy and the Manager shall require the insurance carrier(s) to copy the Fund on any letter or notification that cancels, materially changes, or non- renews the policy. If required by the Fund, the Manager shall deliver to the Fund within forty-five (45) days of such request, a copy of any or all policies of insurance not previously provided, certified by the insurance carrier as true and complete. Should the Manager engage a subconsultant or subcontractor, the Manager shall impose the insurance requirements in this document on those entities, unless otherwise agreed to in writing by the Fund. The Manager shall keep the subconsultant and subcontractor certificates of insurance on file and produce them upon the demand of the Fund. The Manager shall obtain and maintain in full force and effect, the following insurance with limits not less than those described below and as required by the terms of the Agreement, or as required by law, whichever is greater:

Best Company. The Manager shall cause all insurance to be in full force and effect as of the commencement date of this Agreement and to remain in full force and effect throughout the term of the Agreement and as further required by the Agreement. Not less than thirty days prior to the expiration date or renewal date, the Manager shall supply the Fund UNIVERSITY with updated replacement certificates of insurance and endorsements. The Manager shall advise the Fund UNIVERSITY of any letter or notification that cancels, materially changes, or non- renews the policy and the Manager shall require the insurance carrier(s) to copy the Fund UNIVERSITY on any letter or notification that cancels, materially changes, or non- renews the policy. If required by the FundUNIVERSITY, the Manager shall deliver to the Fund UNIVERSITY within forty-five (45) days of such request, a copy of any or all policies of insurance not previously provided, certified by the insurance carrier as true and complete. Should the Manager engage a subconsultant or subcontractor, the Manager shall impose the insurance requirements in this document on those entities, unless otherwise agreed to in writing by the FundUNIVERSITY. The Manager shall keep the subconsultant and subcontractor certificates of insurance on file and produce them upon the demand of the FundUNIVERSITY. The Manager shall obtain and maintain in full force and effect, the following insurance with limits not less than those described below and as required by the terms of the Agreement, or as required by law, whichever is greater: