Common use of Insurability Clause in Contracts

Insurability. The Medical Group shall cooperate with the Management Company in (i) ensuring that its Medical Personnel are insurable under commercially available malpractice insurance policies or (ii) instituting proceedings to terminate within thirty business days any Medical Personnel who is not so insurable or who loses his or her malpractice insurance eligibility unless the Medical Group makes (within such 30-day period) other arrangements reasonably appropriate under the circumstances and reasonably acceptable to the Management Company. The Medical Group shall notify the Management Company in writing of any change in the insurance status of any Medical Personnel within two days after the Medical Group receives notice of any such change. The Medical Group shall require all Medical Personnel to participate in an on-going risk management program.