Builders’ Risk/Installation Floater Insurance. Builders’ Risk/Installation Floater Insurance must be maintained until whichever of the following first occurs: (i) final payment has been made; or, (ii) until no person or entity, other than Licensor, has an insurable interest in the property required to be covered.
Appears in 3 contracts
Samples: Master License Agreement, Agreement, Agreement
Builders’ Risk/Installation Floater Insurance. Builders’ Risk/Installation Floater Insurance must be maintained until whichever of the following first occurs: (i) final payment has been made; or, (ii) until no person or entity, other than Licensor, has an insurable interest in the property required to be covered. Licensee may self-insure this risk. Licensee is responsible for payment of all deductibles under the Builders’ Risk/Installation Floater insurance policy.
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