Contract Insurance Sample Clauses

Contract Insurance. Contractor shall be required to purchase and maintain during its performance under this Contract insurance coverage as shown on the Insurance Requirements as stated in Exhibit A, which is incorporated herein by reference. With the exception of Worker’s Compensation and Professional Liability policies, all insurance purchased shall have a specific endorsement, copy of which shall be provided to the Town, naming the Town as an additional insured and for all insurance purchased, an endorsement providing that such insurance will not be cancelled without providing thirty (30) days advance written notice to the Town.
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Contract Insurance. 15.1 The CONTRACTOR will not be permitted to start any construction work until he has submitted certificates covering all insurances called for under that subsection of the AGREEMENT, titled “Insurance.” The CONTRACTOR shall submit said certificates using the forms supplied by the OWNER under said subsection.
Contract Insurance. It shall be mandatory for the employer to acquire and maintain a contract insurance in the Kingdom of Saudi Arabia beneficial for both parties, i.e., for the benefit of the domestic worker in case of unpaid salaries and delay in payment of salaries, among others, on the part of the employer; and for the benefit of the employer in the event of the abscondment or pre-termination of the contract by the domestic worker, among others. The premium shall be timely paid by the employer. لمعلا بحاص عفدي :يرهشلا بتارلا فرص ةقيرط .5 ليوحتلا قيرط نع ةيلزنملا ةلماعلل يرهشلا بتارلا هتظفحم باسح وأ يفرصملا هباسح يف عاديﻹا وأ عفدلا تابثإ وأ عاديﻹا ةميسق ىطعتو .ةينورتكلﻹا ،يلزنملا لماعلا بلط ىلع ءانب .ةيلزنملا ةلماعلل ليوحت ىلع يلزنملا لماعلا لمعلا بحاص دعاسي تاونقلا لﻼخ نم نيبلفلا يف ديفتسملا ىلإ هبتار ةينورتكلﻹا ةظفحملا وأ ةبسانملا ةيفرصملا ᣢع لوصحلاᗷ لمعلا بحاص مزلi :دوقعلا ᣌ. ᢕ مأت .6 ةiدوعسلا ةiᗖsعلا ة᜻لمملا ᣚᢝ . يدقاعت ᣌ. ᢕ مأت حلاصل يأ ،ᣌ. ᢕ فرطلا ᣢع عفنلاᗷ دوعi هiلع ظافحلاو ᣚᢝ . رخأتلاو بتاورلا عفد مدع ةلاح ᣚᢝ . ᣠᢝ y. . ملا لماعلا بحاص بناج نم ،ىرخأ رومأ ᣌ. ᢕ ب نم ،بتاورلا عفد بوره ةلاح ᣚᢝ . لمعلا بحاص حلاصلو ؛لمعلا .ىرخأ رومأ ᣌ. ᢕ ب نم ،دقعلا ءاهنإ لᘘق ᣠᢝ y. . ملا لماعلا .بسانملا تقولا ᣚᢝ . طسقلا لمعلا بحاص عفدiو
Contract Insurance. 14.1. Prior to signing the contract, the concessionaire must have been hardened in a banking institution or provide to an insurance company within the territory of the Republic of Albania, for the account of the Contracting Authority, an amount of ( ), representing 10% of the value total investment. The contract security form is an integral part, and is attached to this contract.
Contract Insurance. Any losses, expenses (including deductible costs) or damages for insurance claims not covered by the insurance required herein shall be allocated, if reasonably possible, directly to the contract under which the losses, expenses or damages occurred.
Contract Insurance. The requirements for insurance to be provided by the Successful Bidder are stated in the “Insurance” document provided in Appendix B. The required insurance certificates will become part of the Agreement.
Contract Insurance. Contractors engaged by Wal-Mart to perform the work required by this Agreement within the Development and public rights-of-way shall, prior to commencing such work, submit to the City acceptable proof of the following coverages. O Further, these certificates shall contain a provision that coverages afforded under the policies will not be canceled until at least ten (10) days written notice has been given to the City. Wal-Mart shall file a Certificate of Insurance showing the City as additional insured and containing a ten (10) day notice to the City of cancellation: S
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Contract Insurance. 19.3.1 Grantee shall require its contractors to obtain and maintain insurance coverage that the Grantee deems appropriate based on the risks of the contract work. Grantee shall require its contractors to meet the requirements provided in section 17.3 Additional Insurance Conditions. Grantee shall verify that each of its contractors meet the insurance requirements.

Related to Contract Insurance

  • Builder’s Risk Insurance Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear. The policy amount should be equal to 100% of the Contract Sum, written on a Builder’s Risk “All Risk”, or its equivalent. The policy shall be endorsed as follows: The following may occur without diminishing, changing, altering or otherwise affecting the coverage and protection afforded the insured under this policy:

  • FIRE INSURANCE The LESSEE shall not permit any use of the leased premises which will make voidable any insurance on the property of which the leased premises are a part, or on the contents of said property or which shall be contrary to any law or regulation from time to time established by the New England Fire Insurance Rating Association, or any similar body succeeding to its powers. The LESSEE shall on demand reimburse the LESSOR, and all other tenants, all extra insurance premiums caused by the LESSEE's use of the premises.

  • OWNER'S LIABILITY INSURANCE The Owner shall be responsible for purchasing and maintaining the Owner’s usual liability insurance.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Property Insurance Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term “extended coverage,” and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Xxxxxx’s right to disapprove Borrower’s choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender’s option and Xxxxxxxx’s expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower’s equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Xxxxxx under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Xxxxxx and renewals of such policies shall be subject to Xxxxxx’s right to disapprove such policies, shall include a standard mortgage clause, and shall name Xxxxxx as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Xxxxxx as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Xxxxxxxx. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender’s security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Xxxxxx has had an opportunity to inspect such Property to ensure the work has been completed to Lender’s satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender’s security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Xxxxxxxx abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Xxxxxxxx does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Xxxxxx may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower’s rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower’s rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due.

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