Common use of Hi Risk Insurance Clause in Contracts

Hi Risk Insurance. In the event of the project being executed in a geological area classified as a “High Risk Area”, that is an area which is subject to highly unstable sub-surface conditions that might result in catastrophic ground movement evident by sinkhole or doline formation the following will apply:

Appears in 3 contracts

Samples: Term Contract for General Building Maintenance and Repairs, Term Contract for General Maintenance and Repairs, Completion Contract

AutoNDA by SimpleDocs

Hi Risk Insurance. In the event of the project being executed in a geological area classified as a “High Risk Area”, that is an area which is subject to highly unstable sub-surface conditions that might result in catastrophic ground movement evident by sinkhole or doline formation the following will apply:apply Add the following as Clause 10.

Appears in 1 contract

Samples: Building Agreement

AutoNDA by SimpleDocs

Hi Risk Insurance. In the event of the project being executed in a geological area classified as a “High Risk Area”, that is an area which is subject to highly unstable sub-surface conditions that might result in catastrophic ground movement evident by sinkhole or doline formation the following will apply:

Appears in 1 contract

Samples: Building Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!