Common use of Failure to Procure or Maintain Required Insurance Clause in Contracts

Failure to Procure or Maintain Required Insurance. If the Operator fails or refuses to procure or maintain insurance as required by this Agreement or fails upon request or refuses to furnish the City and Agreement Administrator with required proof that the insurance has been procured and is in force and paid for, the City and Agreement Administrator shall have the right, at the City and Agreement Administrator’s election, to procure and maintain such insurance, and pay premiums thereon, without further notice to the Operator, and the Operator shall be liable for all premiums and other costs incurred.

Failure to Procure or Maintain Required Insurance. If the Operator fails or refuses to procure or maintain insurance as required by this Agreement or fails upon request or refuses to furnish the City and Agreement Administrator with required proof that the insurance has been procured and is in force and paid for, the City and Agreement Administrator shall each have the right, at the City and Agreement Administrator’s election, to procure and maintain direct that the Operator should cease operations immediately, until such insurancetime as, and pay premiums thereon, without further notice unless such insurance in accordance with the Agreement is procured and maintained by the Operator to the Operator, and satisfaction of the City or Agreement Administrator. Operator shall be liable for all premiums and other associated costs incurred.

Failure to Procure or Maintain Required Insurance. If the Operator fails or refuses to procure or maintain insurance as required by this Agreement or fails upon request or refuses to furnish the City and Agreement Administrator with required proof that the insurance has been procured and is in force and paid for, the City and Agreement Administrator shall have the right, at the City and Agreement Administrator’s election, to procure and maintain direct that the Operator should cease operations immediately, until such insurancetime as, and pay premiums thereon, without further notice unless such insurance in accordance with the Agreement is procured and maintained by the Operator to the Operator, and satisfaction of the City or Agreement Administrator. Operator shall be liable for all premiums and other costs incurred.