Common use of Default in Insuring Clause in Contracts

Default in Insuring. Should the Contractor default in taking out or maintaining the insurance policy or polices as stipulated in Clause 36.1, the Employer (without prejudice to any rights or remedies available) may himself take out and/or maintain the necessary insurance policy or policies and the amount paid by him in respect of premiums shall be recoverable from the Contractor or deducted from any payment due or to become due to the Contractor under the Contract.

Appears in 1 contract

Sources: Construction Contract

Default in Insuring. Should the Contractor default in taking out or maintaining the insurance policy or polices as stipulated in Clause 36.1, the Employer (without prejudice to any rights or remedies available) may himself take out and/or maintain the necessary insurance policy or policies and the amount paid by him in respect of premiums shall be recoverable from the Contractor or deducted from any payment due or to become due to the Contractor under the ContractClause 48.

Appears in 1 contract

Sources: Construction Contract

Default in Insuring. Should In the event the Contractor default defaults in taking out or maintaining the insurance policy or polices as stipulated in Clause 36.138A.1, the Employer (without prejudice to any rights or remedies available) may himself take out and/or maintain the necessary insurance policy or policies and the amount paid by him in respect of premiums shall be recoverable from the Contractor or deducted from any payment due or to become due to the Contractor under the ContractClause 49.

Appears in 1 contract

Sources: Construction Contract

Default in Insuring. Should In the event the Contractor default defaults in taking out or maintaining the insurance policy or polices as stipulated in Clause 36.138A.1, the Employer (without prejudice to any rights or remedies available) may himself take out and/or maintain the necessary insurance policy or policies and the amount paid by him in respect of premiums shall be recoverable from the Contractor or deducted from any payment due or to become due to the Contractor under the Contract.

Appears in 1 contract

Sources: Construction Contract