City Review and Approval. City shall retain the right at any time to review the coverage, form and amount of the insurance required hereby. If, in the opinion of the City, the insurance provisions in this Agreement do not provide adequate protection for City and for members of the public using the Center, City may require CONTRACTOR to obtain insurance sufficient in coverage, form and amount to provide adequate protection from and against the kind and extent of risks which exist or are foreseeable at the time a change in insurance is required. City's requirements shall be reasonable, but shall be designed to assure adequate protection of the City's interests. The City shall notify CONTRACTOR in writing of changes in the insurance requirements and, if CONTRACTOR does not deposit with City within 60 days of receipt of such notice a new Certificate of Insurance for each policy or policies of insurance incorporating such changes, this Agreement shall be deemed in default without further notice to CONTRACTOR and may be forthwith terminated by the City.
Appears in 2 contracts
Samples: Operation and Management Agreement, Operation and Management Agreement
City Review and Approval. City shall retain the right at any time to review the coverage, form and amount of the insurance required hereby. If, in the opinion of the City, the insurance provisions in this Agreement do not provide adequate protection for City and for members of the public using the Center, City may require CONTRACTOR CCAEF to obtain insurance sufficient in coverage, form and amount to provide adequate protection from and against the kind and extent of risks which exist or are foreseeable at the time a change in insurance is required. City's requirements shall be reasonable, but shall be designed to assure adequate protection of the City's interests. The City shall notify CONTRACTOR CCAEF in writing of changes in the insurance requirements and, if CONTRACTOR CCAEF does not deposit with City within 60 sixty (60) days of receipt of such notice a new Certificate of Insurance for each policy or policies of insurance incorporating such changes, this Agreement shall be deemed in default without further notice to CONTRACTOR CCAEF and may be forthwith terminated by the City.
Appears in 1 contract
Samples: Operation and Management Agreement
City Review and Approval. City shall retain the right at any time to review the coverage, form and amount of the insurance required hereby. If, in the opinion of the City, the insurance provisions in this Agreement do not provide adequate protection for City and for members of the public using the Center, City may require CONTRACTOR CCAEF to obtain insurance sufficient in coverage, form and amount to provide adequate protection from and against the kind and extent of risks which exist or are foreseeable at the time a change in insurance is required. City's requirements shall be reasonable, but shall be designed to assure adequate protection of the City's ’s interests. The City shall notify CONTRACTOR CCAEF in writing of changes in the insurance requirements and, if CONTRACTOR CCAEF does not deposit with City within 60 sixty (60) days of receipt of such notice a new Certificate of Insurance for each policy or policies of insurance incorporating such changes, this Agreement shall be deemed in default without further notice to CONTRACTOR CCAEF and may be forthwith terminated by the City.
Appears in 1 contract
Samples: Operation and Management Agreement