Common use of Failure to Provide Evidence of Coverage Clause in Contracts

Failure to Provide Evidence of Coverage. If Seller fails to produce to Buyer satisfactory evidence that there are in force the insurances referred to in Clause 10.B and the Order, or any other insurance which Seller is required to effect under the terms of this Agreement, Buyer may effect and maintain any such insurance and pay such premiums as may be necessary for that purpose at Seller's expense. Any amount paid by Buyer for this purpose will immediately become due and payable by Seller. Buyer can deduct the amount so paid from any monies due, or which may become due, to Seller, or recover the same as a debt from Seller, by action at law or otherwise.

Failure to Provide Evidence of Coverage. If Seller fails will fail to produce to Buyer Company satisfactory evidence that there are in force the insurances referred to in Clause 10.B and the OrderPO, or any other insurance which Seller is required to effect under the terms of this Agreement, Buyer Company may effect and maintain any such insurance and pay such premiums as may be necessary for that purpose at Seller's expense. Any amount paid by Buyer Company for this purpose will immediately become due and payable by Seller. Buyer Company can deduct the amount so paid from any monies due, or which may become due, to Seller, or recover the same as a debt from Seller, by action at law or otherwise.