Control of Loss. If commercially feasible all policies of insurance required to be maintained pursuant to this Exhibit C, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurer shall have full settlement authority on behalf of the other insurers. XXXXXXX/XXXXX/XXXXXXX ASSETS LEASE AGREEMENT
Appears in 1 contract
Samples: Lease Agreement (InfraREIT, Inc.)
Control of Loss. If commercially feasible all policies of insurance required to be maintained pursuant to this Exhibit C, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurer shall have full settlement authority on behalf of the other insurers. XXXXXXX/XXXXX/XXXXXXX ASSETS TRANSMISSION LOOP LEASE AGREEMENT
Appears in 1 contract
Samples: Lease Agreement (InfraREIT, Inc.)
Control of Loss. If commercially feasible all policies of insurance required to be maintained pursuant to this Exhibit CB, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurer shall have full settlement authority on behalf of the other insurers. XXXXXXX/XXXXX/XXXXXXX ASSETS LEASE AGREEMENT.
Appears in 1 contract
Samples: Lease Agreement (InfraREIT, Inc.)
Control of Loss. If commercially feasible all policies of insurance required to be maintained pursuant to this Exhibit C, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurer shall have full settlement authority on behalf of the other insurers. XXXXXXX/XXXXX/XXXXXXX ASSETS LEASE AGREEMENT.
Appears in 1 contract
Control of Loss. If commercially feasible all policies of insurance required to be maintained pursuant to this Exhibit CB, wherein more than one insurer provides the coverage on any single policy, shall have a clause (or a separate agreement among the insurers) wherein all insurers have agreed that the lead insurer shall have full settlement authority on behalf of the other insurers. XXXXXXX/XXXXX/XXXXXXX ERCOT TRANSMISSION ASSETS LEASE AGREEMENT
Appears in 1 contract
Samples: Lease Agreement (InfraREIT, Inc.)