GENERAL INSURANCE OBLIGATIONS Sample Clauses

GENERAL INSURANCE OBLIGATIONS. 34.1 If the Employer fails to comply with the terms of the policies of insurance effected by him pursuant to Clause 32.1 and 33.3 or if the Contractor fails to comply with the terms of any of the insurance policies effected in connection with the Works, the party that is in default shall indemnify the other party against all loss, expense and liability arising from the failure. 34.2 If the Employer or the Contractor fails to effect and keep in force any of the insurance policies referred to in Clauses 32 and 33 respectively, the party that is not in default may effect and keep in force that insurance and may recover from the party in default a sum equivalent to the premium or premiums paid. 34.3 The Contractor shall be deemed to have satisfied himself and to have caused his subcontractors of any tier to have satisfied themselves with regard to the extent of the cover provided by the policy referred to in Clause 32.1 and the terms referred to in Clause 33.1(g). 34.4 The Contractor shall promptly supply to insurers all documentation and information which they may reasonably require to effect and maintain the policies effected in connection with the Works. In the case of policies effected by the Employer pursuant to Clauses 32.1 and 33.3, the Contractor shall supply all documentation and information requested by the Engineer for onward transmission to insurers by the Employer. 34.5 The Employer shall, whenever reasonably required, produce to the Contractor confirmation from his insurers, or their duly authorised agents, that the policies effected by him pursuant to Clauses 32.1 and 33.3 remain current together with evidence of payment of the last premium due. [STAMP]
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GENERAL INSURANCE OBLIGATIONS. (a) All insurance to be taken out by the Contractor shall be effected with insurers or, as the case may be, protection and indemnity associations, and in terms approved, in both cases, by the Purchaser (which approval shall not be unreasonably withheld) and for this purpose the Contractor shall submit to the Purchaser at least fourteen (14) days prior to the date for commencement of any works under this Agreement the identity of insurers or protection and indemnity associations and the terms of such insurances. Thereafter the Contractor shall whenever required produce to the Purchaser a certificate of insurance and proof of payment of the current premiums. In addition to such certificate of insurance, the Contractor shall notify the Purchaser of all policy exclusions and conditions which could affect the rights of the Purchaser. Provided always that, subject to 16.2 (c), the approval of the Purchaser as aforesaid to all insurance which the Contractor is obliged to effect shall be a condition precedent to the Contractor being given possession of the Site under this Agreement, but shall not, for the avoidance of doubt, delay the date for commencement of the works pursuant to this Agreement. (b) The Contractor shall bear the cost of all excesses, exclusions and limitations applying under all insurance policies, in so far as they concern risks for which he is responsible under the terms of this Agreement. In the event of any claims under the insurances, any cost that may be incurred by the Purchaser in respect of the excesses shall be recoverable from the Contractor by the Purchaser as a debt or may be deducted by the Purchaser from any monies due or to become due to the Contractor under this Agreement. (c) If the Contractor shall fail upon request to produce to the Purchaser satisfactory evidence that there is in force the insurance referred to in this Clause 16 or any other insurance which he may be required to effect the terms of this Agreement then and in any such case the Purchaser may, without prejudice to the Purchaser's right to reclaim from the Contractor any premiums paid by the Purchaser from the Contractor, give possession of Site to the Contractor to commence works and effect and keep in force any such insurance and pay such premium or premiums as may be necessary for that purpose and from time to time deduct the amount so paid by the Purchaser as aforesaid from any monies due or which may become due to the Contractor or recover the same as a debt...
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GENERAL INSURANCE OBLIGATIONS. (a) The Contractor must not, for the duration of this agreement, vary or cancel any Insurance or allow it to lapse and must not otherwise do or allow to be done anything which may vitiate, invalidate, prejudice or render ineffective the Insurance or entitle the insurer to refuse a claim. (b) The Contractor must, in relation to all required insurance policies: (i) reinstate a policy if it lapses; (ii) not cancel, vary or allow a policy to lapse without the prior written consent of the Brightwater Representative; (iii) immediately notify the Brightwater Representative of any event which may result in a policy lapsing or being cancelled; and (c) If the Contractor becomes aware of any event or incident occurring which gives rise or is likely to give rise to a claim under any Insurance, it must as soon as reasonably practicable notify Brightwater in writing of that event or incident.‌ (d) Nothing in this clause limits the Contractor’s other liabilities under this agreement (including under any indemnity) or restricts the Contractor from insuring for sums or risks greater than those required under this agreement. (e) If the Contractor fails to insure or maintain the Insurances or fails to provide evidence of renewal, Brightwater may effect such insurances and deduct the amount of premiums paid from any money payable to the Contractor, or may withhold money payable to the Contractor until the insurance policies and receipts for payment of premiums are received by Brightwater. (f) The Contractor must report promptly to Brightwater in writing. or in the case of emergency verbally, any event or circumstance which is likely to give rise to a claim by any person against Brightwater or the Contractor or any of the Personnel in connection with the supply of the Deliverables by the Contractor under this agreement, and provide Brightwater with such information and documentation as Brightwater reasonably requires regarding the event or circumstance.
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GENERAL INSURANCE OBLIGATIONS. The Mortgagor must in respect of each insurance required under this deed: (a) effect it with a reputable insurer approved by the Mortgagee (which approval must not be unreasonably withheld); (b) deposit an original or duplicate of the policy with the Mortgagee; (c) effect and renew the insurance for a period of not less than 1 year; 250 (d) pay all premiums for renewals not less than 3 business days before expiry; (e) immediately notify the Mortgagee of anything which may give rise to a claim; (f) immediately notify the Mortgagee of any cancellation or proposal to cancel; and (g) refrain from any action which may have the effect of rendering it unenforceable.
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GENERAL INSURANCE OBLIGATIONS. The Mortgagor must in respect of each insurance required under this mortgage: (a) effect it with a reputable insurer approved by the Mortgagee (which approval must not be unreasonably withheld); (b) deposit an original or duplicate of the policy with the Mortgagee on request; (c) pay all premiums for renewals not less than 3 business days before expiry; (d) immediately notify the Mortgagee of anything which may give rise to a claim; (e) immediately notify the Mortgagee of any cancellation or proposal to cancel; and (f) comply with its obligations and refrain from any action which may have the effect of rendering it unenforceable.
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GENERAL INSURANCE OBLIGATIONS. The following provisions shall apply to the Company's insurance obligations: 11.4.1 subject to the provisions of Clause 11.3, any insurance required to be maintained pursuant to this Clause 11 shall be effected with insurers and in terms agreed in consultation with the CEB and in amounts first discussed by the Parties from time to time or, failing agreement, as shall be determined by an Expert [who shall be appointed in accordance with Part 1 of Schedule 12 (Disputes Resolution Procedure)] to be prudent having regard to the cost and availability of insurance in the market and the Company's ability to meet its obligations under this Agreement without insurance; 11.4.2 the insurances shall provide that in the event of a claim, the amount of the cover shall be automatically reinstated to the full cover required by this Agreement; 11.4.3 if the Company fails to provide evidence when required that the insurance referred to in Clauses 11.1, 11.2 and 11.3 are in force, the CEB may itself take out such insurance and pay such premiums as may be necessary to maintain it in force. From time to time, the CEB may recover any amount so paid as a debt owed by the Company and the CEB may set-off such amount against any payments due from the CEB to the Company; 11.4.4 the Company shall ensure that the interest of the CEB is endorsed on any policy of insurance which provides cover in relation to any liabilities arising out of the performance of the Company's obligations under this Agreement;
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GENERAL INSURANCE OBLIGATIONS. ‌ The Supplier must: (a) not do or permit, or omit to do, anything which prejudices any insurance policy or recovery; (b) rectify anything which might, if not rectified, prejudice any insurance policy or recovery; (c) reinstate any Supplier Insurance policy prior to expiry, where it is due to lapse; (d) not cancel, materially vary or allow any Supplier Insurance to lapse; (e) ensure that the insurance policy wordings are governed by and construed in accordance with the law of the Commonwealth, wherever this is possible, on commercially reasonable terms; (f) immediately notify the Organisation of any fact or circumstance or change in circumstances which may prejudice an insurance policy or recovery; (g) fully and promptly disclose every matter known to it, being a matter that:‌ (i) it knows to be a matter relevant to the decision of the insurer whether to accept the risk and, if so, on what terms; or (ii) a reasonable person in the circumstances could be expected to know to be a matter so relevant, to all relevant insurers (and any persons acting on their behalf) relating to the insurance policies and any claim thereunder in all respects, not limited to circumstances in which failure to do so would violate or invalidate the relevant policy; (h) diligently pursue recovery of claims made under the Supplier Insurance policies; and (i) comply at all times with the terms of each insurance policy.
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Related to GENERAL INSURANCE OBLIGATIONS

  • Additional Insurance Obligations Tenant shall carry and maintain during the entire Lease Term, at Tenant’s sole cost and expense, increased amounts of the insurance required to be carried by Tenant pursuant to this Article 10 and such other reasonable types of insurance coverage and in such reasonable amounts covering the Premises and Tenant’s operations therein, as may be reasonably requested by Landlord or Landlord’s lender, but in no event in excess of the amounts and types of insurance then being required by landlords of buildings comparable to and in the vicinity of the Building.

  • Insurance Obligations Borrower fails to promptly perform or comply with any of the covenants contained in the Loan Documents with respect to maintaining insurance, including the covenants contained in Section 4.4.

  • General Insurance Provisions (a) Prior to the expiration dates of the expiring policies, or within 30 days of renewal, certificates of the policies provided for in this Article shall be delivered by the Company to the Trustee. All policies of such insurance and all renewals thereof shall name the Company as insured and the Issuer and the Trustee as additional insureds and loss payees as their respective interests may appear, shall contain a provision that such insurance may not be canceled or amended by the issuer thereof without at least 10 days’ written notice to the Issuer, the Company and the Trustee and shall be payable to the Issuer, the Company and the Trustee as their respective interests appear. The Issuer and the Company each hereby agree to do anything necessary, be it the endorsement of checks or otherwise, to cause any such payment to be made to the Trustee, as long as such payment is required by this Lease to be made to the Trustee. Any charges made by the Trustee for its services shall be paid by the Company. (b) Each policy of insurance hereinabove referred to shall be issued by an insurance company qualified under the laws of the State to assume the risks covered therein. (c) A Certificate of Insurance Compliance, evidencing the insurance coverage herein required shall be filed with the Trustee annually during the term of this Lease, or immediately upon the change or transfer of such insurance coverage. The Trustee may conclusively rely on the Certificate of Insurance Compliance and shall not be required to undertake any investigation with respect thereto. (d) Each policy of insurance hereinabove referred to may be subject to a reasonable deductible. (e) Each policy of insurance required herein may be provided through blanket policies maintained by the Company. (f) Anything in this Lease to the contrary notwithstanding, the Company shall be liable to the Issuer and the Trustee pursuant to the provisions of this Lease or otherwise, as to any loss or damage which may have been occasioned by the negligence of the Company, its agents, licensees, contractors, invitees or employees.

  • General Insurance Requirements During the Term of this Lease, Lessor and Lessee shall at all times keep the Leased Property insured with the kinds and amounts of insurance described below, or such other insurance coverage(s) as may be required by the Franchise Agreement. This insurance shall be written by companies authorized to issue insurance in the State. The policies must name Lessor and/or Lessee, as applicable, as the insured or as an additional named insured, as the case may be. Losses shall be payable to Lessor or Lessee as provided in this Lease. Any loss adjustment shall require the written consent of Lessor and Lessee, each acting reasonably and in good faith. Evidence of insurance shall be deposited with Lessor. The policies on the Leased Property, including the Leased Improvements, Fixtures and Lessee’s Personal Property, shall include the following: (a) Lessor shall obtain and maintain, at its own expense: (i) Building insurance on the “Special Form” (formerly “All Risk” form) (including earthquake and flood in reasonable amounts as determined by Lessor) in an amount not less than 100% of the then full replacement cost thereof (as defined in Section 13.2) or such other amount which is acceptable to Lessor and Lessee, and personal property insurance (on other than Lessee’s Personal Property) on the “Special Form” in the full amount of the replacement cost thereof; (ii) Insurance for loss or damage (direct and indirect) from steam boilers, pressure vessels or similar apparatus, now or hereafter installed in the Hotel, in the minimum amount of $5,000,000 or in such greater amounts as are then customary; and (iii) Loss of income insurance on the “Special Form”, in the amount of one year of Base Rent and Additional Charges (to the extent quantifiable) for the benefit of Lessor. (b) Lessee shall obtain and maintain, at its own expense: (i) Personal property insurance on Lessee’s Personal Property on the “Special Form” in the full amount of the replacement cost thereof; (ii) Comprehensive general liability insurance, with amounts not less than $10,000,000 covering each of the following: bodily injury, death, or property damage liability per occurrence, personal and advertising injury, general aggregate, products and completed operations, with respect to Lessor, and “all risk legal liability” (including liquor law or “dram shop” liability, if liquor or alcoholic beverages are served on the Leased Property) with respect to Lessor and Lessee; (iii) Insurance covering such other hazards and in such amounts as may be customary for comparable properties in the area of the Leased Property and is available from insurance companies, insurance pools or other appropriate companies authorized to do business in the State at rates which are economically practicable in relation to the risks covered, as may be reasonably requested by Lessor; (iv) Fidelity bonds with limits and deductibles as may be reasonably requested by Lessor, covering Lessee’s employees in job classifications normally bonded under prudent hotel management practices in the United States or otherwise required by law; (v) Worker’s compensation insurance coverage for all persons, if any, employed by Lessee on the Leased Premises, to the extent necessary to protect Lessor and the Leased Property against Lessee’s worker’s compensation claims, such worker’s compensation insurance to be in accordance with the requirements of applicable local, state and federal law; (vi) Vehicle liability insurance for owned, non-owned, and hired vehicles, in the amount of $5,000,000; and (vii) Such other insurance as Lessor may reasonably request for facilities such as the Leased Property and the operation thereof.

  • Insurance Obligation During the Term of this Master Contract, Contractor shall possess and maintain in full force and effect, at Contractor’s sole expense, the following insurance coverages:

  • ADDITIONAL INSURED ENDORSEMENT AND PRIMARY AND NON-CONTRIBUTORY INSURANCE CLAUSE Supplier agrees to list Sourcewell and its Participating Entities, including their officers, agents, and employees, as an additional insured under the Supplier’s commercial general liability insurance policy with respect to liability arising out of activities, “operations,” or “work” performed by or on behalf of Supplier, and products and completed operations of Supplier. The policy provision(s) or endorsement(s) must further provide that coverage is primary and not excess over or contributory with any other valid, applicable, and collectible insurance or self-insurance in force for the additional insureds.

  • Industrial Insurance Coverage The Contractor shall comply with the provisions of Title 51 RCW, Industrial Insurance. If the Contractor fails to provide industrial insurance coverage or fails to pay premiums or penalties on behalf of its employees, as may be required by law, Agency may collect from the Contractor the full amount payable to the Industrial Insurance accident fund. The Agency may deduct the amount owed by the Contractor to the accident fund from the amount payable to the Contractor by the Agency under this contract, and transmit the deducted amount to the Department of Labor and Industries, (L&I) Division of Insurance Services. This provision does not waive any of L&I’s rights to collect from the Contractor.

  • Additional Insurance Contractor may obtain additional insurance not required by this Contract.

  • Additional Insured Commercial General Liability, Commercial Automobile Liability, and Pollution Liability Insurance shall include the State of Washington and all authorized Purchasers (and their agents, officers, and employees) as Additional Insureds evidenced by copy of the Additional Insured Endorsement attached to the Certificate of Insurance on such insurance policies.

  • TOOL INSURANCE 235. The City agrees to indemnify employees covered under this Agreement for the loss or destruction of the employee's tools subject to the following conditions: 236. 1. These provisions shall apply when an employee's tools are lost or damaged due to fire or theft by burglary while the tools are properly on City property or being used by the employee in the course of City business.

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