Common use of Insurance Administration Clause in Contracts

Insurance Administration. Insurance certificates, evidencing all insurance coverage referred to in this Subsection (hereafter the “Insurance Certificates”), shall be filed (or be on file) with the TOWN at least ten (10) Calendar Days after the final execution of this Agreement. The Insurance Certificates shall be fully acceptable to the TOWN in both form and content, and shall provide and specify that the related insurance coverage shall not be canceled (hereafter the “Coverage Change”) without at least thirty (30) Calendar Days prior written notice having been given to the TOWN. The CONSULTANT further agrees that no material modification or reduction shall be made to any insurance policy coverage referred to in this Agreement, unless the CONSULTANT gives written notice to the TOWN [within seven (7) Calendar Days of the CONSULTANT's having been given notice by the insurer] of such material modification or reduction. "

Insurance Administration. Insurance certificates, evidencing all insurance coverage referred to in this Subsection (hereafter the “Insurance Certificates”), shall be filed (or be on file) with the TOWN CITY at least ten (10) Calendar Days calendar days after the final execution of this Agreement. The Insurance Certificates shall be fully acceptable to the TOWN CITY in both form and content, and shall provide and specify that the related insurance coverage shall not be canceled (hereafter the “Coverage Change”) without at least thirty (30) Calendar Days calendar days prior written notice having been given to the TOWNCITY. The CONSULTANT further agrees that no material modification or reduction shall be made to any insurance policy coverage referred to in this Agreement, unless the CONSULTANT gives written notice to the TOWN CITY [within seven (7) Calendar Days calendar days of the CONSULTANT's having been given notice by the insurer] of such material modification or reduction. "