Common use of Failure to Maintain Required Insurance Clause in Contracts

Failure to Maintain Required Insurance. If at any time during the term of this Agreement Sellers fails to maintain any required insurance, PGE may, at its sole discretion, either suspend the Work or Services or terminate this Agreement.

Appears in 5 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement, Storage Capacity Agreement

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Failure to Maintain Required Insurance. If at any time during the term of this Agreement Sellers fails to maintain any required insurance, PGE may, at its sole discretion, either suspend the Work or Services or terminate this Agreement. Seller Responsible for Deductibles or Retentions. With respect to any insurance required herein, Seller must bear all costs of all deductibles or Self-Insured Retentions.

Appears in 2 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement

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