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Exemption from National Insurance Sample Clauses

Exemption from National Insurance a) The Company shall obtain insurance from Sadharan Bima Corporation. b) If BPDB needs to purchase any insurance by itself under this Power Purchase Agreement it shall be obtained from Sadharan Bima Corporation according to the Insurance Corporation Act, 1973 as amended by the Ordinance No. L1 of 1984, (Substitution of section 23, Act VI of 1973). c) The company will not be allowed to procure insurance & reinsurance from insurance companies outside Bangladesh unless a certificate has been obtained from Insurance Development & Regulatory Authority (IDRA) to the effect that the risk cover cannot be insured in Sadharan Bima Corporation.
Exemption from National Insurance. The GOB shall exempt the Company and the Contractor(s) from purchasing any insurance or reinsurance for the Project from the Sadharan Bima Corporation or any other insurance company organized in Bangladesh and allow the Company at its sole discretion to procure insurance and reinsurance from insurance companies outside Bangladesh for the Project.
Exemption from National InsuranceThe Company shall obtain insurance from Sadharan Bima Corporation for the Project. The Company will not be allowed to procure insurance & reinsurance from insurance companies outside Bangladesh unless a certificate has been obtained from Insurance Development & Regulatory Authority Bangladesh (IDRA) to the effect that the risk cover cannot be insured in Sadharan Bima Corporation.
Exemption from National Insurance. The GOB shall exempt the Company and the Contractors from purchasing any insurance or reinsurance for the Project from the Sadharan Bima Corporation or any other insurance company organized in Bangladesh; (a) The Company may obtain insurance from Sadharan Bima Corporation or financially strong and internationally reputed insurance companies for the Project. (b) If BPDB needs to purchase any insurance by itself under this Power Purchase Agreement it shall be obtained from Sadharan Bima Corporation according to the Insurance Corporation Act, 1973 as amended by the Ordinance No. L1 of 1984, (Substitution of section 23, Act VI of 1973).

Related to Exemption from National Insurance

  • Additional Insurance Contractor may obtain additional insurance not required by this Contract.

  • Exemption from Liability A Member or a Specified Corporate User may not for any reason seek compensation from DBS for suffering damages arising from either because the use of or inability to use the bicycle. However a Member or a Specified Corporate User may claim compensation with in the amount of fees received from the said Members for damages are result of willful intent or gross negligent on the part of DBS.

  • Optional Insurance Landlord may maintain such additional insurance with respect to the Building and the Property, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

  • Additional Insured Status The City, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL policy with respect to liability arising out of work or operations performed by or on behalf of Contractor including materials, parts, or equipment furnished in connection with such work or operations. General liability coverage can be provided in the form of an endorsement to Contractor’s insurance (at least as broad as ISO Form CG 20 10 11 85 or if not available, through the addition of both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 if a later edition is used).

  • Additional Insured Commercial General Liability, Commercial Automobile Liability, and Pollution Liability Insurance shall include the State of Washington and all authorized Purchasers (and their agents, officers, and employees) as Additional Insureds evidenced by copy of the Additional Insured Endorsement attached to the Certificate of Insurance on such insurance policies.

  • Additional Insurance Requirements The policies shall include, or be endorsed to include, as required by this written agreement, the following provisions: 1.4.1 The Contractor's policies, as applicable, shall stipulate that the insurance afforded the Contractor shall be primary and that any insurance carried by the Department, its agents, Contract No: ADSPO16-130651 Description: Software Value-Added Reseller (SVAR) Services officials, employees or the State of Arizona shall be excess and not contributory insurance, as provided by A.R.S. § 41-621 (E). 1.4.2 Insurance provided by the Contractor shall not limit the Contractor’s liability assumed under the indemnification provisions of this Contract.

  • Additional Insureds City, its officers, officials, employees, agents, and volunteers must be named as additional insureds with respect to any policy of general liability, automobile, or pollution insurance specified as required in Exhibit B or as may otherwise be specified by City’s Risk Manager.. The general liability additional insured coverage must be provided in the form of an endorsement to the Consultant’s insurance using ISO CG 2010 (11/85) or its equivalent; such endorsement must not exclude Products/Completed Operations coverage.

  • Additional Insurance Provisions (A) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the City, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (B) If at any time during the life of the Agreement, any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced, City has the right but not the duty to obtain the insurance it deems necessary and any premium paid by City will be promptly reimbursed by Consultant or City will withhold amounts sufficient to pay premium from Consultant payments. In the alternative, City may cancel this Agreement. (C) The City may require the Consultant to provide complete copies of all insurance policies in effect for the duration of the Project. (D) Neither the City nor any of its officials, officers, employees, agents or volunteers shall be personally responsible for any liability arising under or by virtue of this Agreement. (E) The limits set forth herein shall apply separately to each insured against whom claims are made or suits are brought, except with respect to the limits of liability. Further the limits set forth herein shall not be construed to relieve the Consultant from liability in excess of such coverage, nor shall it limit the Consultant’s indemnification obligations to the City and shall not preclude the City from taking such other actions available to the City under other provisions of the Agreement or law. (F) Consultant shall report to the City, in addition to Consultant’s insurer, any and all insurance claims submitted by Consultant in connection with the Services under this Agreement.

  • Additional Insured Endorsement The GLO, its officers, employees, and authorized agents shall be named as additional insureds for all liability arising under this Contract except on Workers’ Compensation and Professional Liability policies. An original additional insured endorsement signed by an authorized insurance company representative must be submitted to the GLO to evidence the endorsement of the GLO as an additional insured on all policies, and the certificate(s) must reference the related GLO Contract Number.

  • Additional Insured Endorsements An original Additional Insured Endorsement, signed by an authorized insurance company representative, must be submitted to the City of Sparks, by attachment to the Certificate of Insurance, to evidence the endorsement of the City of Sparks as additional insured.