Insurance and Security. A. For the period after the assignment of this Franchise by Company Name to the Utility Assignee under Section 18, below, the following insurance provisions shall apply: Prior to the effective date of this franchise and during its life, the franchisee shall obtain and maintain continuously liability insurance necessary to comply with the hold harmless agreement herein with limits of liability not less than: $2,000,000.00 per occurrence The County Engineer may further determine that Business Auto Liability Insurance may also be required. Such insurance shall include Garfield County, its officers, elected officials, agents, and employees as an additional insured and shall not be reduced or cancelled without thirty days written prior notice to the County. Such insurance, in its provision for additional insured, shall include a “Cross Liability Endorsement”, “Severability of Interests”, or “Separation of Insureds” provision indicating: “The inclusion of more than one insured under this policy shall not affect the rights of any insured as respects any claim, suit, or judgment made or brought by or for any other insured or by or for any employee of any other insured. The policy shall protect each insured in the same manner as though a separate policy had been issued to each except that nothing herein shall operate to increase the company’s liability beyond the amount or amounts for which the insurer would have been liable had only one insured been named.” All insurance policies will be issued on an occurrence basis. Claims made policies are unacceptable. Grantee shall maintain coverage for the duration of this Franchise. Grantee shall provide the County annually a signed certificate of insurance naming Garfield County as an additional insured. Proof of all insurance shall be in a form acceptable to the County, and all conditions and requirements of insurance stated in this clause 10.A shall be satisfied prior to commencement of construction. All insurance documentation shall be submitted and reviewed by the Garfield County Risk Manager prior to commencement of construction. The County may require additional bond, deposit or security as provided in the Garfield County Accommodation of Utility Policy. Acceptance by the County of any work performed by the Grantee at the time of completion shall not be a ground for avoidance of this covenant. In lieu of the insurance requirements set forth in this Section 10, Grantee may self-insure against such risks in such amount...
Insurance and Security. Exhibitor understands and consents to the following:
Insurance and Security. Contemporaneously with the execution of this Contract, the Contractor shall furnish the Borough with bonds or letters of credit, and certificates of insurance, sufficient to satisfy the following requirements, and Contractor shall maintain such bonds, letters of credit, and insurance, or equivalent bonds, letters of credit, and insurance, throughout the term of this Agreement (including any extensions) at Contractor’s cost. Contractor shall furnish the Borough with certificates or other evidence of compliance with the requirements of this Section from time to time during the term of this Agreement upon the request of the Borough:
Insurance and Security. 4.1 In the event of loss or damage to the Property by fire, theft or other causes, to inform the authorities and Landlord as soon as is practical.
Insurance and Security. 4.1 To enter into a Insurance Policy from a recognised insurer that provides cover for accidental damage to the contents, fixtures, fittings at the Property that belong to the Landlord and for that insurance cover to be maintained for the duration of the tenancy.
Insurance and Security. From time to time upon request of the Agent, and in any event at least annually, evidence of (A) the maintenance of all insurance required to be maintained pursuant to this Limited Guaranty, including originals or copies as the Agent may request of policies, certificates of insurance, riders, endorsements and proof of premium payments, (B) maintenance of onsite security personal on a 24/7 basis, and (C) the good standing of all authorizations, permits, licenses, certifications, consents, registrations and approvals material to either Guarantor;
Insurance and Security. Grantee shall comply with the following insurance provisions: Grantee shall obtain and maintain continuously commercial general liability insurance necessary to comply with the hold harmless agreement herein with limits of liability not less than: $2,000,000.00 per occurrence The County Engineer may further determine that Business Auto Liability Insurance may also be required. Grantee shall maintain coverage for the duration of this Franchise. Grantee shall provide the County annually a certificate of insurance as evidence of such insurance. All insurance documentation shall be submitted and reviewed by the Columbia County Risk Manager prior to final execution of this Franchise. The County may require additional bond, deposit or security as provided in the County Utility Policy. Acceptance by the County of any work performed by the Grantee at the time of completion shall not be a ground for avoidance of this covenant. In lieu of the insurance requirements set forth in this Section 10, Grantee may self-insure against such risks in such amounts as are consistent with good utility practice and the per occurrence minimum of $2,000,000.00. Upon the County's request, Grantee shall provide the County with a self-insurance letter as evidence that Grantee maintains a self- insurance program. The Grantee’s insurance shall be primary and non-contributory. The County reserves the right to increase these insurance limits throughout the life of the franchise. Should the County require new insurance limits, the Grantee will be notified in writing forty-five (45) days prior to the required compliance date of the revised insured amounts.
Insurance and Security. The Concessionaire shall require appropriate insurance, faithful performance bonds, and labor and material bonds for all contractors who work on the Properties, and shall allow no mechanic’s liens to be incurred or filed against the Properties.
Insurance and Security. (a) At all times during the Term of this Agreement, Recipient shall, at its sole cost and expense, obtain and maintain in full force and effect, the insurance set forth in Exhibit B.
Insurance and Security. (a) It is understood and agreed by the Owner that the Owner shall, during the currency of this Agreement (including the Warranty Period prescribed by this Agreement), maintain in full force and effect all Security and liability insurance prescribed herein.
