Common use of Increased Limits Clause in Contracts

Increased Limits. If, during the life of this Agreement, the legislature of the State of New Mexico increases the maximum limits of liability under the Tort Claims Act (NMSA 1978, Sections 41-4-1 through 41-4-27 (1976 as amended)), SSCAFCA may require Contractor to increase the maximum limits of any insurance required herein. In the event that Contractor is so required to increase the limits of such insurance, an appropriate adjustment in the Agreement amount will be made.

Appears in 3 contracts

Samples: Sediment Removal and Construction Services Agreement, Construction Contract, Construction Contract

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Increased Limits. If, during the life of this Agreementcontract, the legislature of the State of New Mexico increases the maximum limits of the liability under the Tort Claims Act (NMSA 1978, Sections 41-4-1 through 41-4-27 (1976 as amended))Act, SSCAFCA may require Contractor the Consultant to increase the maximum limits of any insurance required herein. In the event that Contractor the Consultant is so required to increase the limits of such insurance, an appropriate adjustment in the Agreement contract amount will be made.

Appears in 2 contracts

Samples: Real Estate Appraisal Services Agreement, Professional on Call Surveying Services Agreement

Increased Limits. If, during the life of this Agreement, the legislature Legislature of the State of New Mexico increases the maximum limits of liability under the Tort Claims Act (NMSA 1978, Sections 41-4-1 through 41-4-27 (1976 29, as amended)), SSCAFCA may require the Contractor to shall increase the maximum limits of any insurance required herein. In the event that Contractor is so required to increase the limits of such insurance, an appropriate adjustment in the Agreement amount will be made.

Appears in 2 contracts

Samples: Service Agreement, Invitation for Bids

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Increased Limits. If, during the life of this Agreement, the legislature of the State of New Mexico State Legislature increases the maximum limits of liability under the Tort Claims Act (NMSA 1978, Sections 41-4-1 through 41-4-27 (1976 29, as amended)), SSCAFCA may require the Contractor to shall increase the maximum limits of any insurance required herein. In the event that Contractor is so required to increase the limits of such insurance, an appropriate adjustment in the Agreement amount will be made.

Appears in 1 contract

Samples: Construction Services Agreement

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