Common use of Delivery of Insurance Policies Clause in Contracts

Delivery of Insurance Policies. All liability, statutory workers compensation and property policies, if applicable, shall be retained by the Lessee. Except as otherwise specifically provided, all other policies of insurance required to be furnished shall be held by and be payable jointly to the Lessor and the Lessee with the proceeds to be distributed in accordance with the terms of this Lease. Insurance company certificates evidencing the existence of all of these policies of insurance shall be delivered to the Lessor. All policies of insurance required by this Lease shall provide that they shall not be amended or canceled on less than thirty (30) days prior written notice to the Lessor and all insured beneficiaries of the policies shall contain waiver of subrogation rights endorsements, as required below. The Lessor shall have no obligation to pay premiums, make contributions to the insuring company or any other person, or to satisfy any deductible. On or before the Lease Date and not less than thirty (30) days prior to the expiration date of any policy required to be carried pursuant to this section, the Lessee shall deliver to the Lessor the applicable respective policies, or insurance company certificates evidencing all policies of insurance and renewals required to be furnished. Receipt of any documentation of insurance by the Lessor or by any of its representatives that indicates less coverage than required does not constitute a waiver of the Lessee’s obligation to fulfill the insurance requirements herein. The Lessor shall appear listed as an additional insured on all applicable liability policies, and loss payee on any property policy. The insurance shall be primary and non-contributory, and should include all corresponding endorsements in connection with the agreement, and as required by the City.

Delivery of Insurance Policies. All liability, statutory workers compensation and property policies, if applicable, employer‟s liability policies shall be retained by the Lessee. Except as otherwise specifically provided, all other policies of insurance required to be furnished shall be held by and be payable jointly to the Lessor and the Lessee with the proceeds to be distributed in accordance with the terms of this Lease. Insurance company certificates evidencing the existence of all of these policies of insurance shall be delivered to the Lessor. All policies of insurance required by this Lease to be provided and obtained shall provide that they shall not be amended or canceled on less than thirty (30) days prior written notice to the Lessor and all insured and beneficiaries of the policies shall contain waiver of subrogation rights endorsements, as required below. The Lessor shall have no obligation to pay premiums, premiums or make contributions to the insuring company or any other person, person or to satisfy any deductible. On or before the Lease Date and not less than thirty (30) days prior to the expiration date of any policy required to be carried pursuant to this section, the Lessee shall deliver to the Lessor the applicable respective policies, or policies and insurance company certificates evidencing all policies of insurance and renewals required to be furnished. Receipt of any documentation of insurance by the Lessor or by any of its representatives that which indicates less coverage than required does not constitute a waiver of the Lessee’s Lessee‟s obligation to fulfill the insurance requirements herein. The Lessor shall appear listed as an additional insured on all applicable liability policies, and loss payee on any property policy. The insurance shall be primary and non-contributory, and should include all corresponding endorsements in connection with the agreement, and as required by the City.

Delivery of Insurance Policies. All public liability, statutory workers compensation and property policies, if applicable, employer‟s liability policies shall be retained by the Lessee. Except as otherwise specifically provided, all other policies of insurance required to be furnished shall be held by and be payable jointly to the Lessor and the Lessee with the proceeds to be distributed in accordance with the terms of this Lease. Insurance company certificates evidencing the existence of all of these policies of insurance shall be delivered to the Lessor. All policies of insurance required by this Lease to be provided and obtained shall provide that they shall not be amended or canceled on less than thirty (30) days prior written notice to the Lessor and all insured and beneficiaries of the policies shall contain waiver of subrogation rights endorsements, as required below. The Lessor shall have no obligation to pay premiums, premiums or make contributions to the insuring company or any other person, person or to satisfy any deductible. On or before the Lease Effective Date and not less than thirty (30) days prior to the expiration date of any policy required to be carried pursuant to this sectionSection, the Lessee shall deliver to the Lessor the applicable respective policies, or policies and insurance company certificates evidencing all policies of insurance and renewals required to be furnished. Receipt of any documentation of insurance by the Lessor or by any of its representatives that which indicates less coverage than required does not constitute a waiver of the Lessee’s Lessee‟s obligation to fulfill the insurance requirements herein. The Lessor shall appear listed as an additional insured on all applicable liability policies, and loss payee on any property policy. The insurance shall be primary and non-contributory, and should include all corresponding endorsements in connection with the agreement, and as required by the City.

Delivery of Insurance Policies. All liability, statutory workers compensation and property policies, if applicable, shall be retained by the Lessee. Except as otherwise specifically provided, all other policies of insurance required to be furnished shall be held by and be payable jointly to the Lessor and the Lessee with the proceeds to be distributed in accordance with the terms of this Lease. Insurance company certificates evidencing the existence of all of these policies of insurance shall be delivered to the Lessor. All policies of insurance required by this Lease shall provide that they shall not be amended or canceled on less than thirty (30) days prior written notice to the Lessor and all insured beneficiaries of the policies shall contain waiver of subrogation rights endorsements, as required below, to the extent commercially available. The Lessor shall have no obligation to pay premiums, make contributions to the insuring company or any other person, or to satisfy any deductible. On or before the Lease Date and not less than thirty (30) days prior to the expiration date of any policy required to be carried pursuant to this section, the Lessee shall deliver to the Lessor the applicable respective policies, or insurance company certificates evidencing all policies of insurance and renewals required to be furnished. Receipt of any documentation of insurance by the Lessor or by any of its representatives that indicates less coverage than required does not constitute a waiver of the Lessee’s obligation to fulfill the insurance requirements herein. The Lessor shall appear listed as an additional insured on all applicable liability policies, and loss payee on any property policy. The insurance shall be primary and non-contributory, and should include all corresponding endorsements in connection with the agreement, and as required by the City.

Delivery of Insurance Policies. All public liability, statutory workers compensation and property policies, if applicable, employer’s liability policies shall be retained by the Lessee. Except as otherwise specifically provided, all other policies of insurance required to be furnished shall be held by and be payable jointly to the Lessor and the Lessee with the proceeds to be distributed in accordance with the terms of this Lease. Insurance company certificates evidencing the existence of all of these policies of insurance shall be delivered to the Lessor. All policies of insurance required by this Lease to be provided and obtained shall provide that they shall not be amended or canceled on less than thirty (30) days prior written notice to the Lessor and all insured and beneficiaries of the policies shall contain waiver of subrogation rights endorsements, as required below. The Lessor shall have no obligation to pay premiums, premiums or make contributions to the insuring company or any other person, person or to satisfy any deductible. On or before the Lease Effective Date and not less than thirty (30) days prior to the expiration date of any policy required to be carried pursuant to this sectionSection, the Lessee shall deliver to the Lessor the applicable respective policies, or policies and insurance company certificates evidencing all policies of insurance and renewals required to be furnished. Receipt of any documentation of insurance by the Lessor or by any of its representatives that which indicates less coverage than required does not constitute a waiver of the Lessee’s obligation to fulfill the insurance requirements herein. The Lessor shall appear listed as an additional insured on all applicable liability policies, and loss payee on any property policy. The insurance shall be primary and non-contributory, and should include all corresponding endorsements in connection with the agreement, and as required by the City.