Common use of Duty to Maintain Insurance Clause in Contracts

Duty to Maintain Insurance. All Required Seller Insurance to be secured and maintained by Seller under this Agreement shall be continuously maintained throughout the Term. Failure of Seller (or its Subcontractor) to obtain and maintain the insurance required under and pursuant to the terms of this Agreement shall be deemed an Event of Default for purposes of Section 12.1(e). Failure of Seller (or its Subcontractor) to maintain any Required Seller Insurance shall also not relieve Seller from any liability under this Agreement, nor shall these requirements be construed to conflict with Seller’s indemnification obligations. Seller shall further ensure that all Required Seller Insurance is not canceled, and that it is renewed during the Term, and Seller at its sole cost and expense shall pay such extra premium as required to ensure no lapse of Required Seller Insurance coverage for any time period. Seller is required to carry property insurance on all equipment, to include Purchaser-owned, installed, and maintained equipment used by Seller while in its care, custody, and control for the use of this Agreement.

Duty to Maintain Insurance. All Required Seller Insurance to be secured and maintained by Seller under this Agreement shall be continuously maintained throughout the Term. Failure of Seller (or its Subcontractor) to obtain and maintain the insurance required under and pursuant to the terms of this Agreement shall be deemed an Event of Default for purposes of Section 12.1(e). Failure of Seller (or its Subcontractor) to maintain any Required Seller Insurance shall also not relieve Seller from any liability under this Agreement, nor shall these requirements be construed to conflict with Seller’s indemnification obligations. Seller shall further ensure that all Required Seller Insurance is not canceledcanceled or materially changed, and that it is renewed during the Term, and Seller at its sole cost and expense shall pay such extra premium as required to ensure no lapse of Required Seller Insurance coverage for any time period. Seller is required to carry property insurance on all equipment, to include Purchaser-owned, installed, and maintained equipment used by Seller while in its care, custody, and control for the use of this Agreement.

Duty to Maintain Insurance. All Required Seller Insurance to be secured and maintained by Seller under this Agreement shall be continuously maintained throughout the Term. Failure of Seller (or its Subcontractor) to obtain and maintain the insurance required under and pursuant to the terms of this Agreement shall be deemed an Event of Default for purposes of Section 12.1(e). Failure of Seller (or its Subcontractor) to maintain any Required Seller Insurance shall also not relieve Seller from any liability under this Agreement, nor shall these requirements be construed to conflict with Seller’s indemnification obligations. Seller shall further ensure that all Required Seller Insurance is not canceled, DocuSign Envelope ID: B0A47EA5-ADDC-4324-853B-09D49711DBFF and that it is renewed during the Term, and Seller at its sole cost and expense shall pay such extra premium as required to ensure no lapse of Required Seller Insurance coverage for any time period. Seller is required to carry property insurance on all equipment, to include Purchaser-owned, installed, and maintained equipment used by Seller while in its care, custody, and control for the use of this Agreement.