Damages Covered by Insurance Sample Clauses

Damages Covered by Insurance. To the extent Damages are covered by insurance, the Principal and the Contractor waive all rights against each other and against the contractors, consultants, agents, and employees of the other for damages, except such rights as they may have to the proceeds of such insurance current as of the date of this Agreement.
AutoNDA by SimpleDocs
Damages Covered by Insurance. To the extent Damages are covered by insurance, the Parties waive all rights against each other and against the contractors, consultants, agents, and employees of the other for damages, except such rights as they may have to the proceeds of such insurance current as of the date of this Agreement.
Damages Covered by Insurance. To the extent Damagesare covered by insurance, the Principal and the Contractorwaiveall rights againsteachother and againstthe contractors,consultants,agents,and employees of the other for damages,except such rights asthey may haveto the proceedsof such insurancecurrent asof the date of this Agreement.
Damages Covered by Insurance. (a) If the Premises or any part thereof shall be damaged by fire or other casualty, Tenant shall give prompt written notice thereof to Landlord. In case Tower II shall be so damaged that substantial alteration or reconstruction of Tower II shall, in Landlord's sole opinion, be required (whether or not the Premises shall have been damaged by such casualty) or in the event any mortgagee of Landlord's should require that the insurance proceeds payable as a result of a casualty be applied to the payment of the mortgage debt then, Landlord may repair and restore the Premises, with rent and other charges payable by Tenant during this period abated or equitably reduced as set forth in Section 8.3, or terminate this Lease as provided in Subsection 8.1(b). If Landlord does not elect to terminate this Lease, then Landlord shall within thirty (30) days after the occurrence of such damage or destruction give notice to Tenant of the date by which Landlord reasonably believes that restoration of the Premises and/or Tower II shall be substantially completed (such date being herein referred to as the "Restoration Date"). If such notice indicates that the Restoration Date shall not be on or before a date which shall be ninety (90) days following the date of such damage or destruction, then, Tenant shall have the right to terminate this Lease by giving notice to Landlord not later than twenty (20) days after receiving such notice, and in the event Tenant gives such notice, this Lease shall be deemed terminated as of the date ten (10) days after Landlord's receipt of Tenant's termination notice as if such date were the expiration date of the Lease; provided, however, that Tenant shall have no right of termination in the event the damage or destruction affects a part of Tower II that does not include the Premises and does not impact Tenant's use of or access to the Premises. If the foregoing proviso does not apply and Tenant has the right to termination but does not elect to terminate this Lease, but Landlord shall thereafter fail to substantially complete the restoration of the Premises and/or Tower II within ninety (90) days following the date of such damage or destruction, then Tenant shall have the right to terminate this Lease by giving written notice to Landlord not later than one hundred (100) days following the date of the damage or destruction and if Landlord shall fail to so complete such restoration within fifteen (15) days following Landlord's receipt of Tenant's ...

Related to Damages Covered by Insurance

  • Workers’ Compensation and Employer’s Liability Insurance The Contractor shall have in effect during the entire life of this Agreement Workers' Compensation and Employer's Liability Insurance providing full statutory coverage. In signing this Agreement, the Contractor certifies, as required by Section 1861 of the California Labor Code, that it is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for Worker's Compensation or to undertake self-insurance in accordance with the provisions of the Code, and I will comply with such provisions before commencing the performance of the work of this Agreement.

  • General Liability Insurance The Contractor must secure and maintain Commercial General Liability Insurance, including bodily injury, property damage, products, personal and advertising injury, and completed operations. This insurance must provide coverage for all claims that may arise from performance of the Contract or completed operations, whether by the Contractor or anyone directly or indirectly employed by the Contractor. Such insurance must include the State of Florida as an additional insured for the entire length of the resulting contract. The Contractor is responsible for determining the minimum limits of liability necessary to provide reasonable financial protections to the Contractor and the State of Florida under the resulting contract.

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • ’ Compensation and Employer’s Liability Insurance a. Statutory California Workers' Compensation coverage including broad form all-states coverage.

  • Comprehensive Automobile Liability Insurance for coverage of owned and non-owned and hired vehicles, trailers or semi-trailers licensed for travel on public roads, with a minimum combined single limit of One Million Dollars ($1,000,000) each occurrence for bodily injury, including death, and property damage.

Time is Money Join Law Insider Premium to draft better contracts faster.