Developer Insurance. The Developer will obtain and maintain at its own expense throughout the term of this Agreement the following insurance coverage:
(a) Comprehensive General Liability Insurance against claims for personal injury, death or property damage arising out of its operations, in amounts it deems adequate but in any event, not less than $5 million per occurrence;
(b) Property Insurance insuring the property of the Developer and property owned by others but for which the Developer is legally responsible, against perils normally included in a standard “all risk” policy, in an amount equal to 100% of the current replacement cost thereof, and adjusted at least annually to reflect changes in replacement value due to inflation or other factors;
(c) All Risks Builder’s Risk policy covering the Project against fire and other perils from time to time included in such policies affecting similar properties in British Columbia with extended or additional perils supplemental coverage as would be insured against by a prudent owner in an amount not less than 100% of the replacement cost;
(d) boiler and machinery insurance, written on a comprehensive form, including repair and replacement coverage, in an amount not less than $5 million per occurrence;
(e) a standard automobile policy including standard contractual liability endorsement against claims for bodily injury, death and damage to property, in an amount of not less than $2 million per occurrence; and
(f) the Developer and/or the Developer’s Engineer will provide errors and omissions liability insurance for a value of not less than $2 million in the aggregate.
Developer Insurance. The Developer will obtain and maintain at its own expense throughout the term of this Agreement the following insurance coverage:
(a) Comprehensive General Liability Insurance against claims for personal injury, death or property damage arising out of its operations, in amounts it deems adequate but in any event, not less than $5 million per occurrence;
(b) Property Insurance insuring the property of the Developer and property owned by others but for which the Developer is legally responsible, against perils normally included in a standard “all risk” policy, in an amount equal to 100% of the current replacement cost thereof, and adjusted at least annually to reflect changes in replacement value due to inflation or other factors;
(c) All Risks Builder’s Risk policy covering the Project against fire and other perils with extended or additional perils supplemental coverage as would be insured against by a prudent owner in an amount not less than 100% of the replacement cost;
(d) boiler and machinery insurance covering relevant equipment owned by the Developer from time to time, written on a comprehensive form, including repair and replacement coverage, in an amount equal to 100% of the replacement cost thereof, and adjusted annually to reflect changes in the replacement value due to inflation or other factors;
(e) a standard automobile policy for all owned, non-owned and leased vehicles including standard contractual liability endorsement against claims for bodily injury, death and damage to property, in an amount of not less than $2 million per occurrence; and
(f) the Developer and/or the Developer’s Engineer will provide errors and omissions liability insurance for a value of not less than $2 million in the aggregate.
Developer Insurance. In lieu of the insurance described in Section 37 above, Buyer shall, at its sole cost and expense, by the date of commencement of such development work, obtain and thereafter maintain in full force and effect with companies reasonably acceptable to Seller, the insurance set forth on Exhibit “H” attached hereto, and otherwise comply with the provisions of that Exhibit. Buyer shall give Seller and Lennar Homes advance notice of such commencement of development work accompanied by documentation reasonably satisfactory to Seller confirming that such insurance will be in place as of the date of such commencement. For purposes hereof, the term “development work” shall exclude periodic maintenance activities on the Property such as weed abatement or street sweeping.
Developer Insurance. Developer shall secure and maintain the following insurance coverage: Workers’ Compensation, Commercial General Liability, and Comprehensive Automobile Liability Insurance. Section 601.1 Prior to commencing any activities under the DDA. ESCROW
Developer Insurance. Developer shall secure and maintain the following insurance coverage: Property Insurance. Section 601.3 Upon the issuance of the Release of Construction Covenants. MARKETING AND HOMEOWNERS ASSOCIATION Article I.
Developer Insurance. Without in any way limiting Developer’s indemnification obligations under this Agreement, and subject to reasonable approval by the Successor Agency of the insurers and policy forms, each Developer shall obtain and maintain, or cause to be obtained and maintained at no cost to the Successor Agency, the following insurance during the Term, unless otherwise provided in this Agreement:
Developer Insurance. The Developer must, at its sole expense, obtain and maintain during the Term comprehensive general liability insurance providing coverage for death, bodily injury, property loss and damage, and all other losses, arising out of or in connection with the Developer’s use of the Parking Lot in an amount not less than $2,000,000.00 per occurrence.
Developer Insurance. Developer shall maintain or cause to be maintained the following types of insurance subject to the general provisions included in Appendix Q-3.
Developer Insurance. The Developer will obtain and maintain at its own expense throughout the term of this Agreement the following insurance coverage:
Developer Insurance
