Failure to Procure Coverage. In the event that any policy of insurance required under this Agreement does not comply with the requirements, is not procured, or is canceled and not replaced, COUNTY has the right but not the obligation or duty to terminate the Agreement. Maintenance of required insurance coverage is a material element of the Agreement and failure to maintain or renew such coverage or to provide evidence of renewal may be treated by COUNTY as a material breach of contract.
Appears in 20 contracts
Samples: Professional Services, Indemnification and Insurance Requirements, Indemnification Agreement
Failure to Procure Coverage. In the event that any policy of insurance required under this Agreement does not comply with the requirements, is not procured, or is canceled and not replaced, COUNTY County has the right but not the obligation or duty to terminate the Agreement. Maintenance of required insurance coverage is a material element of the Agreement and failure to maintain or renew such coverage or to provide evidence of renewal may be treated by COUNTY County as a material breach of contract.
Appears in 1 contract
Failure to Procure Coverage. In the event that any policy of insurance required under this Agreement contract does not comply with the requirements, is not procured, or is canceled and not replaced, the COUNTY has the right but not the obligation or duty to terminate cancel the Agreement. Maintenance of required contract or obtain insurance coverage is a material element of if it deems necessary and any premiums paid by the Agreement and failure COUNTY will be promptly reimbursed by the CITY or Program Manager or COUNTY payments to maintain or renew such coverage or the CITY will be reduced to provide evidence of renewal may be treated by pay for COUNTY as a material breach of contractpurchased insurance.
Appears in 1 contract
Samples: Pre Construction Design and Program Management Services Agreement
Failure to Procure Coverage. In the event that any policy of insurance required under this Agreement contract does not comply with the requirements, is not procured, or is canceled and not replaced, COUNTY has the right but not the obligation or duty to terminate cancel the Agreement. Maintenance of required contract or obtain insurance coverage is a material element of the Agreement if it deems necessary and failure to maintain or renew such coverage or to provide evidence of renewal may be treated any premiums paid by COUNTY as a material breach of contractwill be promptly reimbursed by AGENCY or COUNTY payments to AGENCY will be reduced to pay for COUNTY purchased insurance.
Appears in 1 contract
Samples: Contract