Carrier Renewal and Cancellation Notification. Any policy or policies procured, or caused to be procured, by Seller shall provide that Purchaser shall be given Notice to any non- payment of insurance premium thirty (30) Days prior to the carrier’s cancellation, non-renewal, or within such other period of Days required by Applicable Law, and that such Notice shall be delivered to Purchaser as provided for in this Agreement. If any such policy is subject to expiration or cancellation and Seller fails to provide Purchaser with written commitments to renew or purchase other such insurance meeting the requirements of this Section 9.1 at least thirty (30) Days prior to the effective date of such expiration or cancellation, then Purchaser, upon Notice to Seller, shall have the right to purchase or renew such coverage and Seller shall then be obligated to reimburse Purchaser for the premiums and broker fee costs for such insurance. The failure of Seller to deliver a new and valid certificate shall result in suspension of all payments until the new certificate is furnished.
Appears in 5 contracts
Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Solar Power Purchase Agreement
