Common use of Excess Insurance and Reinsurance Clause in Contracts

Excess Insurance and Reinsurance. The Authority shall obtain or cause to be obtained such excess insurance or reinsurance as may be necessary and prudent in the judgment of Board. The expense of such excess insurance or reinsurance shall be paid from the Funds of the Authority.

Appears in 4 contracts

Samples: Joint Powers Authority Agreement, Joint Powers Authority Agreement, Joint Powers Authority Agreement

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