Common use of Choice of Insurer Clause in Contracts

Choice of Insurer. The Company shall purchase such insurance from the ------------------ insurance provider which the Board considers to be the most competitive in terms of coverage, dependability and cost. If the People's Insurance Company of China satisfies the Board that its policies are at least as. favourable to the Company as those of its competitors in respect of all factors the Board considers material, the Company shall purchase its insurance from that insurer.

Choice of Insurer. The Company shall purchase such insurance from ------------------ the ------------------ insurance provider which the Board considers to be the most competitive in terms of coverage, dependability and cost. If the People's Insurance Company of China satisfies the Board that its policies are at least as. as favourable to the Company as those of its competitors in respect of all factors the Board considers material, the Company shall purchase its insurance from that insurer.

Choice of Insurer. The Company shall purchase such insurance from the ------------------ insurance provider which that the Board considers to be the most competitive in terms of coverage, coverage dependability and cost. If the People's Insurance Company of China satisfies the Board that its policies are at least as. favourable to the Company as those of its competitors in respect of all factors the Board considers material, the Company shall purchase its insurance from that insurer.

Choice of Insurer. The Company shall purchase such insurance from the ------------------ ------------------- insurance provider which the Board considers to be the most competitive in terms of coverage, dependability and cost. If the People's Insurance Company of China satisfies the Board that its policies are at least as. favourable as favorable to the Company as those of its competitors in respect of all factors the Board considers material, the Company shall purchase its insurance from that insurer.