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. 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:
(a) Security for the performance of all the Contractor’s obligations under this Contract in the form of either a performance bond described in paragraph
(1) below or a letter of credit described in paragraph (2) below. Additional requirements for the bond or letter of credit are described in paragraphs (3) through (5) below:
(1) A performance bond shall be in the form attached hereto, executed by the Contractor and a reputable surety company authorized to provide such a bond in the Commonwealth of Pennsylvania and rated A- or better by the A.M. Best Company (or the equivalent).
(2) A letter of credit shall be an irrevocable standby letter of credit issued by a financial institution authorized to do business in Pennsylvania and issue such letters of credit, maintaining an office within twenty (20) miles of the Borough of Alburtis at which the letter of credit may be presented for payment, and reasonably acceptable to the Borough. The letter of credit shall be in form acceptable to the Borough Solicitor, and payable by a sight draft drawn on the issuer and accompanied by the original letter of credit and all amendments, if any, and a statement on Borough of Alburtis letterhead purportedly signed by an authorized officer stating as follows: “I certify that this sight draft is presented because the Borough of Alburtis deems {name of Contractor} to be in default or violation of its obligations under a certain Contract dated , 2014 {insert date of the Contract}.” Partial drawings must be permitted under the letter of credit, and in that event the issuer will endorse the original letter of credit and all amendments, if any, and return the same to the Borough for possible future claims.
(3) The initial performance bond or letter of credit shall be in an amount equal to $ 1,339,848.00, and shall be for a term which does not expire before M...
Insurance and Security. Exhibitor understands and consents to the following:
(a) Neither CGI nor the management or owners of the RCC assume responsibility for the Exhibitor’s personal or corporate property. It is suggested that Exhibitor insures its property against loss or theft, and against fire, accidents, or any other causes of damage to property.
(b) Exhibitor agrees to maintain Comprehensive Liability Insurance with coverage of at least one million dollars ($1,000,000.00) and to name Competitor Group, Inc. as an Additional Insured to the policy. Exhibitor must be prepared to furnish to CGI a completed certificate of insurance showing that the required insurance has been obtained.
Insurance and Security. 11.1 If our client requests that you:
(a) Use a company vehicle, handle cheques, cash or valuables, or
(b) Use, handle or work on, equipment or documents falling outside the range of equipment or documents which you would normally expect to encounter upon such an assignment, and with which you are not experienced in using: You shall immediately and prior to conducting the work, advise us and allow us to verify that we have appropriate insurance arrangements in place. You accept that, if you fail to advise us in such circumstances, you will be personally liable for any damage or loss incurred or suffered.
11.2 You accept sole responsibility for the safety and security of your personal belongings and property during each assignment, and whilst travelling to and from each assignment.
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.
4.2 When the Property is left unattended to fasten securely all locks fitted to doors and windows of the Property and ensure the burglar alarm (if any) is set.
4.3 Not to change any burglar alarm code (if any) without prior consent of the Landlord.
4.4 To notify the Landlord before leaving the Property unoccupied for any period more than 14 consecutive days.
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.
4.2 In the event of loss or damage to the Property by fire, theft or other causes, to inform the authorities and Landlord or his Agent as soon as is practical.
4.3 When the Property is left unattended to fasten securely all locks fitted to doors and windows of the Property and ensure the burglar alarm (if any) is set.
4.4 Not to change any burglar alarm code (if any) without prior consent of the Landlord or his Agent.
4.5 To notify the Landlord or his Agent before leaving the Property unoccupied for any period more than 14 consecutive days.
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) The Hotel Manager must maintain adequate insurance (or insurance of a type and to the value required by any Relevant Law) with a reputable insurer with respect to the Hotel Manager’s activities and those of its employees, agents and contractors engaged in providing the Services, including workers compensation, public liability and professional indemnity insurance. The Hotel Manager must, upon request by the Company and/or the Manager, provide evidence of the currency of any such insurance.
(b) The Hotel Manager will ensure the Hotel (including all premises and buildings) is securely managed to prevent and otherwise minimise theft, break-ins and damage and is monitored with an alarm system that advises the Operations Manager of any issues. The Operations Manager must respond accordingly to all alarm notifications.
