CERTIFICATION OF INSURANCE. Concessionaire or it’s insurance agents or brokers shall email a Certificate of Insurance to the Board Certificate Inbox, xxxxxx@xxxxxxxxxx.xxx or fax to 000.000.0000. Concessionaire shall cause Concessionaire’s insurance data to be kept current for the period of time Concessionaire is responsible pursuant to this Agreement. Concessionaire, upon oral or written request, shall furnish copies of policies, certified by an authorized representative of the insurers, within ten (10) days of request. All insurance policies shall contain a provision that written notice shall be given to the Board's Risk Management department, at least thirty (30) days prior to cancellation, except ten (10) days for non-payment of premium. In the event Concessionaire is not notified that an insurer intends to terminate or not renew a policy or reduce coverage below requirements of this Lease, Concessionaire shall arrange acceptable alternate coverage to comply with said requirements and cause replacement coverage data to be obtained. In addition, Concessionaire shall cause its agent, broker or insurer to enter a cancellation date into the Board's designated automated insurance reporting system, as soon as the effective date is known to the agency, brokerage, or insurer (if insurer enters data). No policy submitted shall be subject to limitations, conditions or restrictions that are inconsistent with the intent of the Insurance requirements of this Lease. Approval, disapproval or failure to act by the Board regarding any insurance obtained by Concessionaire shall not relieve Concessionaire of responsibility or liability for damages and accidents as set forth herein, nor shall the bankruptcy, insolvency or denial of liability by the insurance company exonerate Concessionaire from liability. In addition to the Certificate of the Board reserves the right to request from Concessionaire, Contractors or Subcontractors directly or indirectly employed by Concessionaire copies of insurance coverage endorsements or exclusions as requested herein either by attachment to a COI or by individual submission. The “Project or Contract Name”, “Contract Number” and a ‘brief’ description of the work or contract shall be listed within the Description of Operations box on all COIs as reference to which project, contract, operations or work the COI is intended to apply. Should Concessionaire or Contractors or Subcontractors fail to provide evidence of compliant insurance and COIs prior to the start of work or operations, the Board reserves the right to disallow them from entering the project, work site or performing operations.
Appears in 4 contracts
Samples: Concessions Lease, Concession Lease Agreement, Concessions Lease
CERTIFICATION OF INSURANCE. Concessionaire or it’s it‘s insurance agents or brokers shall email a Certificate of Insurance to the Board Certificate Inbox, xxxxxx@xxxxxxxxxx.xxx or fax to 000.000.0000. Concessionaire shall cause Concessionaire’s Concessionaire‘s insurance data to be kept current for the period of time Concessionaire is responsible pursuant to this Agreement. Concessionaire, upon oral or written request, shall furnish copies of policies, certified by an authorized representative of the insurers, within ten (10) days of request. All insurance policies shall contain a provision that written notice shall be given to the Board's Risk Management department, at least thirty (30) days prior to cancellation, except ten (10) days for non-payment of premium. In the event Concessionaire is not notified that an insurer intends to terminate or not renew a policy or reduce coverage below requirements of this Lease, Concessionaire shall arrange acceptable alternate coverage to comply with said requirements and cause replacement coverage data to be obtained. In addition, Concessionaire shall cause its agent, broker or insurer to enter a cancellation date into the Board's designated automated insurance reporting system, as soon as the effective date is known to the agency, brokerage, or insurer (if insurer enters data). No policy submitted shall be subject to limitations, conditions or restrictions that are inconsistent with the intent of the Insurance requirements of this Lease. Approval, disapproval or failure to act by the Board regarding any insurance obtained by Concessionaire shall not relieve Concessionaire of responsibility or liability for damages and accidents as set forth herein, nor shall the bankruptcy, insolvency or denial of liability by the insurance company exonerate Concessionaire from liability. In addition to the Certificate of the Board reserves the right to request from Concessionaire, Contractors or Subcontractors directly or indirectly employed by Concessionaire copies of insurance coverage endorsements or exclusions as requested herein either by attachment to a COI or by individual submission. The “Project ―Project or Contract Name”Name‖, “Contract Number” ―Contract Number‖ and a ‘brief’ ‗brief‘ description of the work or contract shall be listed within the Description of Operations box on all COIs as reference to which project, contract, operations or work the COI is intended to apply. Should Concessionaire or Contractors or Subcontractors fail to provide evidence of compliant insurance and COIs prior to the start of work or operations, the Board reserves the right to disallow them from entering the project, work site or performing operations.
Appears in 1 contract
Samples: Concessions Lease
CERTIFICATION OF INSURANCE. Concessionaire shall have its insurance agents, brokers, or it’s Insurers enter Concessionaire's policy information into a Board-designated automated insurance agents or brokers shall email a Certificate of Insurance reporting system and link Concessionaire's policy data to the Board Certificate Inbox, xxxxxx@xxxxxxxxxx.xxx or fax to 000.000.0000Board. Concessionaire shall cause Concessionaire’s 's insurance data to be kept current on the Board's designated automated insurance reporting system for the period of time Concessionaire is responsible pursuant to this AgreementLease. Concessionaire further agrees to cause its insurance agents, brokers or Insurers to properly register, use and pay any applicable fees for using the Board's designated automated insurance reporting system. Paper, faxed or e-mailed insurance certificates are not acceptable. Concessionaire shall cause its insurance agent, broker or insurer to enter any restrictive or exclusionary provisions or endorsements that may affect Concessionaire, the Board, and those required to be named as Additional Insureds, into "Special Exclusions" in the Board's designated automated insurance reporting system. Concessionaire, upon oral or written request, shall furnish copies of policies, certified by an authorized representative of the insurers, within ten (10) days of request. All insurance policies shall contain a provision that written notice shall be given to the Board's Risk Management department, at least thirty (30) days prior to cancellation, except ten (10) days for non-non- payment of premium. In the event Concessionaire is not notified that an insurer intends to terminate or not renew a policy or reduce coverage below requirements of this Lease, Concessionaire shall arrange acceptable alternate coverage to comply with said requirements and cause replacement coverage data to be obtained. In addition, Concessionaire shall cause its agent, broker or insurer to enter a cancellation date into the Board's designated automated insurance reporting system, as soon as the effective date is known to the agency, brokerage, or insurer (if insurer enters data). No policy submitted shall be subject to limitations, conditions or restrictions that are inconsistent with the intent of the Insurance requirements of this Lease. Approval, disapproval or failure to act by the Board regarding any insurance obtained by Concessionaire shall not relieve Concessionaire of responsibility or liability for damages and accidents as set forth herein, nor shall the bankruptcy, insolvency or denial of liability by the insurance company exonerate Concessionaire from liability. In addition to the Certificate of the Board reserves the right to request from Concessionaire, Contractors or Subcontractors directly or indirectly employed by Concessionaire copies of insurance coverage endorsements or exclusions as requested herein either by attachment to a COI or by individual submission. The “Project or Contract Name”, “Contract Number” and a ‘brief’ description of the work or contract shall be listed within the Description of Operations box on all COIs as reference to which project, contract, operations or work the COI is intended to apply. Should Concessionaire or Contractors or Subcontractors fail to provide evidence of compliant insurance and COIs prior to the start of work or operations, the Board reserves the right to disallow them from entering the project, work site or performing operations.
Appears in 1 contract
Samples: Concession Lease Agreement