Common use of Deductibles/Retentions Clause in Contracts

Deductibles/Retentions. Any deductibles or self-insured retentions shall be declared to, and be subject to the approval by, City’s Risk Manager, which approval shall not be unreasonably withheld, conditioned, or delayed. To the extent that payment of deductibles or self-insured retentions is required as a prerequisite to a defense or indemnity being provided by an insurance carrier, such shall be funded by Developer.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Deductibles/Retentions. Any deductibles or self-insured retentions shall be declared to, and be subject to the approval by, City’s Risk Manager. At the option of and upon request by City’s Risk Manager if the Risk Manager determines that such deductibles or retentions are unreasonably high, which approval either the insurer shall not be unreasonably withheld, conditioned, reduce or delayed. To eliminate such deductibles or self- insurance retentions as respects the extent that Indemnitees or Owner shall procure a bond guaranteeing payment of deductibles or self-insured retentions is required as a prerequisite to a losses and related investigations, claims administration and defense or indemnity being provided by an insurance carrier, such shall be funded by Developerexpenses.

Appears in 1 contract

Samples: Disposition and Development Agreement

Deductibles/Retentions. Any deductibles or self-insured retentions shall be declared to, and be subject to the approval by, City’s Risk Manager. At the option of and upon request by City’s Risk Manager if the Risk Manager determines that such deductibles or retentions are unreasonably high, which approval either the insurer shall not be unreasonably withheld, conditioned, reduce or delayed. To the extent that payment of eliminate such deductibles or self-insured insurance retentions is required as respects the Indemnitees or Developer shall procure a prerequisite to a bond guaranteeing payment of losses and related investigations, claims administration and defense or indemnity being provided by an insurance carrier, such shall be funded by Developerexpenses.

Appears in 1 contract

Samples: Disposition and Development Agreement

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Deductibles/Retentions. Any deductibles or self-insured retentions shall be declared to, and be subject to the approval by, City’s 's Risk Manager. At the option of and upon request by City's Risk Manager if the Risk Manager determines that such deductibles or retentions are unreasonably high, which approval either the insurer shall not be unreasonably withheld, conditioned, reduce or delayed. To the extent that payment of eliminate such deductibles or self-insured insurance retentions is required as respects the Indemnitees or Lessee shall procure a prerequisite to a bond guaranteeing payment of losses and related investigations, claims administration and defense or indemnity being provided by an insurance carrier, such shall be funded by Developerexpenses.

Appears in 1 contract

Samples: Disposition, Development, and Loan Agreement

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