Common use of Inadequacy or Unavailability of Required Coverages Clause in Contracts

Inadequacy or Unavailability of Required Coverages. If, in the future, through no fault of Maintenance Contractor, any of the coverages required in this Section 7.3 (or any of the required terms of such coverages, including policy limits) become unavailable as determined under a commercial reasonableness standard, TxDOT will work with Maintenance Contractor to find commercially reasonable alternatives to the required coverages that are acceptable to TxDOT.

Appears in 10 contracts

Samples: Disputes Board Agreement, Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement

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