Common use of Insurance Cover Clause in Contracts

Insurance Cover. The Concessionaire shall maintain or cause to be maintained, at its own expense, insurance policies as are customarily and ordinarily available in India on commercially reasonable terms and reasonably required to be maintained, consistent with similar facilities of the size and type of the Project and as may be required by the Lenders.

Appears in 8 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Insurance Cover. The Concessionaire Authorisee shall maintain or cause to be maintained, at its own expense, insurance policies as are customarily and ordinarily available in India on commercially reasonable terms and reasonably required to be maintained, consistent with similar facilities of the size and type of the Project and as may be required by the Lenders.

Appears in 2 contracts

Samples: Authorization Agreement, Authorization Agreement

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