Employers’ insurance. All employers are under obligation to purchase an insurance from an insurance company holding an operating permit in Iceland that meets the above conditions of collective agreements as regards accident insurance. In respects other than provided for in this section of the Agreement, the terms of the insurance company in question and the applicable provisions as are contained in the Act on Insurance Contracts No. 30/2004 shall apply.
Employers’ insurance. 32.1 Without limiting the Employer's other obligations or the Contractor's obligations, the Employer shall take out and maintain insurance for the benefit of and in the joint names of the Employer, the Contractor and his subcontractors of any tier in respect of:
(a) the Works, including, without limitation, all unfixed goods, materials and other constituent parts forming or intended to form part thereof and consumables delivered to the Site; and
(b) liability for the death of or injury to any person (other than in the employment of the Contractor or any of his subcontractors) or loss of or damage to property (other than the Works and/or consumables) arising out of the execution of the Works, in the terms contained in the policy contained in Schedule 10, subject to any amendment required by the insurers other than as a result of default of the Employer.
32.2 The Contractor shall comply with the terms of the policy referred to in Clause 32.1 and shall:
(a) notify insurers and the Employer forthwith if an event giving rise to an insurance claim under such policy occurs;
(b) prepare and submit to insurers particulars of all claims and do all things necessary to obtain proper settlement of all insurance claims under such policy (including, without limitation, those of its subcontractors of any tier) provided that if in the opinion of the Employer, the Contractor fails to pursue a claim with due diligence, the Employer shall have the right, exercisable on 14 (fourteen) day's notice, to assume control over the preparation, submission and settlement of any claim, subject always to having due regard to the interests of the Contractor; and
(c) comply with any procedures issued by the Employer to the Contractor in respect of the preparation and/or submission of any insurance claim in respect of such policy.
32.3 All moneys payable under Section 1 of the policy referred to in Clause 32.1 (Contractor's All Risks Insurance) exceeding HK$20,000,000 (Hong Kong Dollars twenty million) shall be, and the Contractor shall procure that they shall be, paid to the Employer who shall release any part thereof relating to claims of the Contractor to the Contractor within a reasonable time having regard to the progress of rectification of the loss or damage to which the claim relates.
32.4 If and to the extent that the Employer receives money from the insurers in respect of any claim made by or on behalf of the Contractor or its subcontractors of any tier, the Employer shall make pa...
Employers’ insurance. Art. X. Sec.1 - All Employers are required to carry all insurance required under State and/or Federal laws. All Employers are required to keep on file with the Union, a Certificate of Worker’s Compensation Insurance. The Employer, upon signing this Agreement, shall file with the Union the name of the company or companies carrying the workers’ compensation, liability, and any other insurance coverage and in addition, the social security, federal and state unemployment disability benefits, and the tax numbers assigned to the Employer. The Union will be advised of any changes or transfers in insurance or accounts numbers.
Employers’ insurance. 32.1 Without limiting the Employer's other obligations or the Contractor's obligations, the Employer shall take out and maintain insurance for the benefit of and in the joint names of the Employer, the Contractor and his subcontractors of any tier in respect of:
(a) the Works, including, without limitation, all unfixed goods, materials and other constituent parts forming or intended to form part thereof and consumables delivered to the Site; and
(b) liability for the death of or injury to any person (other than in the employment of the Contractor or any of his subcontractors) or loss of or damage to property (other than the Works and/or consumables) arising out of the execution of the Works, in the terms contained in the policy contained in Schedule 10, subject to any amendment required by the insurers other than as a result of default of the Employer.
32.2 The Contractor shall comply with the terms of the policy referred to in Clause 32.1 and shall:
(a) notify insurers and the Employer forthwith if an event giving rise to an insurance claim under such policy occurs;
(b) prepare and submit to insurers particulars of all claims and do all things necessary to obtain proper settlement of all insurance claims under such policy (including, without limitation, those of its subcontractors of any tier) provided that if in the opinion of the Employer, the Contractor fails to pursue a claim with due diligence, [STAMP]
Employers’ insurance. Employer shall take out standard insurance covering its liability as owner of the WTG’s.
