Developer’s Insurance Sample Clauses

Developer’s Insurance. Without limiting Agency’s right to indemnification, Developer shall secure prior to commencing any activities under this Agreement, and maintain while the Purchase Price Loan is outstanding, insurance coverage as set forth in this Section 601.
Developer’s Insurance. Developer shall provide the following insurance coverages at all times during the Term and furnish a certificate of insurance to CRA evidencing: (a) Worker’s Compensation insurance coverage in accordance with Florida statutory requirements. (b) Employers’ Liability insurance coverage with limits of $500,000 for bodily injury by accident per accident/$500,000 for bodily injury by disease per employee/$500,000 for bodily injury by disease policy limit. (c) Commercial general liability insurance coverage with limits of no less than $1,000,000 per occurrence and $2,000,000 in the aggregate, which policy shall include coverage of the contractual liabilities contained in this Agreement. (d) Business Auto Liability including hired and non-owned auto coverage with minimum limits of $1,000,000 combined single limit. (e) Builder’s risk insurance (including flood insurance) during any period of construction of improvements upon the Property insuring such improvements against all casualties on a progressively insured basis for not less than 100% of the replacement cost. (f) Umbrella/excess liability insurance coverage, with limits of no less than $5,000,000 per occurrence and $5,000,000 in the aggregate. The certificate shall provide that CRA will be given at least thirty (30) days prior written notice of cancellation of the policy. The cost of the Developer’s insurance shall be included in the Pre-Development Budget and Development Budget as a Project expense.
Developer’s Insurance. Developer has in force, and during the term of this Agreement shall maintain in force with the minimum indicated limits, the following insurance: Commercial General Liability insurance:
Developer’s Insurance. Developer shall comply, and shall require its Subcontractors to comply, with all insurance requirements as indicated in Exhibit D-1.
Developer’s Insurance. Prior to commencing construction on all or any portion of the development site, Developer shall and Developer shall cause its agents, contractors and subcontractors, (the “Developer Parties”) to procure and maintain in full force and effect, at Developer’s sole expense, Builders Risk, Commercial General Liability Insurance, Commercial Automobile Liability Insurance, (including coverage for owned automobiles and for non-owned and hired automobiles), Umbrella or Excess Liability Insurance for the Commercial General Liability Insurance and Commercial Automobile Liability Insurance, Professional Liability as
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Developer’s Insurance. The Developer shall obtain, and keep in full force and effect until the completion of the development, a single policy of builders risk insurance in the amount of $10 million, effective as of the date of commencement of construction, naming as insured the Developer, DDA, ELBRA and the City, as their interests may appear from time to time. The City, DDA and ELBRA shall each be provided with a certificate of such insurance prior to the Developer commencing any activities on the development site, which certificate shall provide that the certificate holder shall receive ten (10) days prior written notice of cancellation, non-renewal, or a material change of such insurance coverage. A breach of this requirement shall entitle the City to continue, and pay for, such insurance and recover from the Developer any such costs and/or issue a stop work order on the construction.
Developer’s Insurance. Developer shall cause its General Contractor to maintain the following insurance coverages at all times during the Term and furnish a certificate of insurance to CRA evidencing: (a) Worker’s Compensation insurance coverage in accordance with Florida statutory requirements. (b) Employers’ Liability insurance coverage with limits of $500,000 for bodily injury by accident per accident/$500,000 for bodily injury by disease per employee/$500,000 for bodily injury by disease policy limit. (c) Commercial general liability insurance coverage with limits of no less than $1,000,000 per occurrence and $2,000,000 in the aggregate, which policy shall include coverage of the contractual liabilities contained in this Agreement. (d) Business Auto Liability including hired and non-owned auto coverage with minimum limits of $1,000,000 combined single limit. (e) Builder’s risk insurance (including flood insurance) during any period of construction of improvements upon the Property insuring such improvements against all casualties on a progressively insured basis for not less than 100% of the replacement cost. (f) Umbrella/excess liability insurance coverage, with limits of no less than $5,000,000 per occurrence and $5,000,000 in the aggregate. (g) Professional Liability Insurance with minimum limits of Two Million Dollars ($2,000,000) per occurrence with respect to Developer’s architects and design consultants. The certificate shall provide that CRA will be given at least thirty (30) days prior written notice of cancellation of the policy. The cost of the Developer’s insurance shall be included in the Pre-Development Budget and Development Budget as a Project expense.
Developer’s Insurance. Developer shall maintain (v) property insurance on the CEF for the replacement cost thereof, (w) comprehensive general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (x) employ- er’s liability insurance with coverage of at least $1,000,000, (y) excess liability insurance with coverage of at least $3,000,000, and (z) worker’s compensation insurance as required by law.
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