Common use of Failure to Maintain Insurance Clause in Contracts

Failure to Maintain Insurance. 8.24.5.1 Subrecipient's failure to maintain or to provide acceptable evidence that it maintains the Required Insurance shall constitute a material breach of this Subaward, upon which County immediately may withhold payments due to Subrecipient, and/or suspend or terminate this Subaward. County, at its sole discretion, may obtain damages from Subrecipient resulting from said breach. Alternatively, County may purchase the Required Insurance, and without further notice to Subrecipient, deduct the premium cost from sums due to Subrecipient or pursue Subrecipient reimbursement.

Failure to Maintain Insurance. 8.24.5.1 Subrecipient's ’s failure to maintain or to provide acceptable evidence that it maintains the Required Insurance shall constitute a material breach of this Subawardthe Agreement, upon which County immediately may withhold payments due to Subrecipient, and/or suspend or terminate this SubawardAgreement. County, at its sole discretion, may obtain damages from Subrecipient resulting from said breach. Alternatively, the County may purchase the Required Insurance, and without further notice to Subrecipient, deduct the premium cost from sums due to Subrecipient or pursue Subrecipient reimbursement.or

Failure to Maintain Insurance. 8.24.5.1 Subrecipient's failure to maintain or to provide acceptable evidence that it maintains the Required Insurance shall will constitute a material breach of this the Subaward, upon which County immediately may withhold payments due to Subrecipient, and/or suspend or terminate this Subaward. County, at its sole discretion, may obtain damages from Subrecipient resulting from said breach. Alternatively, the County may purchase the Required Insurance, and without further notice to Subrecipient, deduct the premium cost from sums due to Subrecipient or pursue Subrecipient reimbursement.