Evidence of Insurance; Other Policy Requirements Sample Clauses

Evidence of Insurance; Other Policy Requirements. Each policy of insurance required to be provided and maintained by Subcontractor shall be in form and content satisfactory to Contractor. Subcontractor shall furnish to Contractor certificates of the insurance policies required to be maintained by Subcontractor within ten (10) days after the execution of this Subcontract and shall furnish or cause each Subcontractor's Consultant to furnish to Contractor certificates of the insurance policies required to be maintained by it prior to the commencement of Subcontractor’s work on the Project. Upon request by Contractor, Subcontractor shall provide, promptly, a copy of such insurance policies, which must be in form and content acceptable to Contractor. Such certificates shall provide for the delivery to Contractor of at least thirty (30) days prior written notice of cancellation or non-renewal. If the certificate does not so provide, the policies shall be endorsed (Form IL 12 01 11 85 or equivalent) to provide thirty (30) days’ notice of cancellation and a copy of the endorsement shall be provided Contractor. If the certificate does not provide for notice of cancellation to Contractor and the policy has not been endorsed to provide notice of cancellation, then the Subcontractor shall be responsible for notifying the Contractor of cancellation of any policy within three (3) days from the date Subcontractor becomes aware that the policy will be cancelled or not renewed. In addition, Subcontractor agrees that for the duration of Subcontractor’s obligations under this Subcontract, Contractor, at its sole and exclusive election, may inquire directly of the Subcontractor’s insurer and agents about the status and coverages of insurance required under this Subcontract. By execution of this Subcontract, Subcontractor authorizes the Contractor to make such inquires. Except for specified excess coverage, each policy of insurance maintained by Subcontractor and Subcontractor's Consultants shall, to the extent applicable to the particular coverage (a) provide that such insurance is primary insurance as regards all other policies of insurance providing coverage to such additional insureds; (b) provide that any other insurance maintained by Contractor is excess and non-contributing insurance with that required herein; and (c) contain a "Cross-Liability" or "Severability of Interest" provision.
Sample 1
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Evidence of Insurance; Other Policy Requirements. Each policy of insurance required to be maintained by Architect and its Subconsultants shall be in form and content satisfactory to Developer. Architect shall furnish to Developer certificates of the insurance policies required to be maintained by Architect within ten (10) days after the execution of this Agreement and shall furnish or cause each Subconsultant to furnish to Developer certificates of the insurance policies required to be maintained by it prior to the commencement of its Services on the Project. Upon request by Developer, Architect shall provide, and cause its Subconsultants to provide, promptly a copy of such insurance policies, which shall be in form and content acceptable to Developer in writing. Such certificates shall provide for the delivery to Developer of at least thirty (30) days prior written notice of cancellation or non-renewal. Each policy of insurance maintained by Architect and its Subconsultants shall, to the extent applicable to the particular coverage (a) provide that such insurance is primary insurance as regards all other policies of insurance providing coverage to such additional insureds; (b) provide that any other insurance maintained by Developer is excess and non-contributing insurance with that required herein; (c) contain a “Cross-Liability” or “Severability of Interest” provision; (d) cause the Developer/Owner Indemnified Parties to be named as additional insureds in all policies of insurance required to be maintained or otherwise maintained by Architect and its Subconsultants, except for Worker’s Compensation Insurance Policies and Professional Liability Insurance Policies; and (e) include a waiver of subrogation in favor of the Developer/Owner Indemnified Parties.
Sample 1

Related to Evidence of Insurance; Other Policy Requirements

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Maintenance of Insurance; Policy Provisions The Contractor, at no additional direct cost to NYSERDA, shall maintain or cause to be maintained throughout the term of this Agreement, insurance of the types and in the amounts specified in the Section hereof entitled Types of Insurance. All such insurance shall be evidenced by insurance policies, each of which shall:

  • Required Evidence of Insurance i. Copy of the additional insured endorsement or policy language granting additional insured status; and

  • Evidence of Insurance Cover All insurances obtained by the Concessionaire in accordance with this Article 32 shall be maintained with insurers on terms consistent with Good Industry Practice. Within 15 (fifteen) days of obtaining any insurance cover, the Concessionaire shall furnish to the Authority, notarised true copies of the certificate(s) of insurance, copies of insurance policies and premia payment receipts in respect of such insurance, and no such insurance shall be cancelled, modified, or allowed to expire or lapse until the expiration of at least 45 (forty five) days after notice of such proposed cancellation, modification or non-renewal has been delivered by the Concessionaire to the Authority.

  • MAINTENANCE OF INSURANCE COVERAGE Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • Maintenance of Insurance The Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company’s performance of its indemnification obligations under this Agreement. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such director or officer under such policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the Company’s directors and officers.

  • Other Insurance Requirements (a) Thirty (30) days’ advance written notice shall be provided to the City of cancellation, intended non-renewal, or reduction in coverages, except for non-payment for which no less than ten (10) days’ notice shall be provided to City. Notices shall be sent to the City address set forth in Section 11.1 entitled “Notices to the Parties.”

  • Policy Requirements All of the policies of insurance referred to in this Article XIII shall be written in form reasonably satisfactory to Landlord and any Facility Mortgagee and issued by insurance companies with a minimum policyholder rating of “A-” and a financial rating of “VII” in the most recent version of Best’s Key Rating Guide, or a minimum rating of “BBB” from Standard & Poor’s or equivalent. If Tenant obtains and maintains the general liability insurance described in Section 13.1(e) above on a “claims made” basis, Tenant shall provide continuous liability coverage for claims arising during the Term. In the event such “claims made” basis policy is canceled or not renewed for any reason whatsoever (or converted to an “occurrence” basis policy), Tenant shall either obtain (a) “tail” insurance coverage converting the policies to “occurrence” basis policies providing coverage for a period of at least three (3) years beyond the expiration of the Term, or (b) an extended reporting period of at least three (3) years beyond the expiration of the Term. Tenant shall pay all of the premiums therefor, and deliver certificates thereof to Landlord prior to their effective date (and with respect to any renewal policy, prior to the expiration of the existing policy), and in the event of the failure of Tenant either to effect such insurance in the names herein called for or to pay the premiums therefor, or to deliver such certificates thereof to Landlord, at the times required, Landlord shall be entitled, but shall have no obligation, to effect such insurance and pay the premiums therefor, in which event the cost thereof, together with interest thereon at the Overdue Rate, shall be repayable to Landlord upon demand therefor. Tenant shall obtain, to the extent available on commercially reasonable terms, the agreement of each insurer, by endorsement on the policy or policies issued by it, or by independent instrument furnished to Landlord, that it will give to Landlord thirty (30) days’ (or ten (10) days’ in the case of non-payment of premium) written notice before the policy or policies in question shall be altered, allowed to expire or cancelled. Notwithstanding any provision of this Article XIII to the contrary, Landlord acknowledges and agrees that the coverage required to be maintained by Tenant may be provided under one or more policies with various deductibles or self-insurance retentions by Tenant or its Affiliates, subject to Landlord’s approval not to be unreasonably withheld. Upon written request by Xxxxxxxx, Tenant shall provide Landlord copies of the property insurance policies when issued by the insurers providing such coverage.

  • General Requirements for Insurance Coverage and Policies A. All required insurance policies shall be maintained with companies that may lawfully issue the required policy and have an A.M. Best rating of at least A- / “VII” or a Standard and Poor’s rating of at least A, unless prior written approval is obtained from the City Law Department.

  • Additional Insurance Requirements The policies shall include, or be endorsed to include, the following provisions:

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