Common use of Insurance; Risk of Loss Clause in Contracts

Insurance; Risk of Loss. The risk of loss or damage to the Artwork will be borne by Artist until the Artwork is initially installed in the Entertainment District in Arlington, Texas. The Artist’s insurance will cover the Artwork prior to installation. All risk of loss, liability, or damage to, or related to, the Artwork following such installation will be borne by the City. Insurance will be provided in the amount of the market value (provided by the Artist in accordance with Section 1 of this agreement) for the selected sculpture.

Insurance; Risk of Loss. The risk of loss or damage to the Artwork will be borne by Artist until the Artwork is initially installed in at the Entertainment District Xxxxxxx Xxxxxx / Xxxxxx Xxxxx Linear Park in Arlington, Texas. The Artist’s insurance will cover the Artwork prior to installation. All risk of loss, liability, or damage to, or related to, the Artwork following such installation will be borne by the City. Insurance will be provided in the amount of the market value (provided by the Artist in accordance with Section 1 of this agreement) for the selected sculpture.

Insurance; Risk of Loss. The risk of loss or damage to the Artwork will be borne by Artist until the Artwork is initially installed in at the Entertainment District Xxxxxx X. Xxxxxx Central Library in Arlington, Texas. The Artist’s insurance will cover the Artwork prior to installation. .. All risk of loss, liability, or damage to, or related to, the Artwork following such installation will be borne by the City. Insurance will be provided in the amount of the market value (provided by the Artist in accordance with Section 1 of this agreement) for the selected sculpture.

Insurance; Risk of Loss. The risk of loss or damage to the Artwork will be borne by Artist until the Artwork is initially installed in at the Entertainment District Xxxxxxx Xxxxxx / Xxxxxx Xxxxx Linear Park in Arlington, Texas. Installed shall be defined to mean bolted down to the foundation as prepared by Purchaser. The Artist’s insurance will cover the Artwork prior to installation. All risk of loss, liability, or damage to, or related to, the Artwork following such installation will be borne by the City. Insurance will be provided in the amount of the market value (provided by the Artist in accordance with Section 1 of this agreement) for the selected sculpture.

Insurance; Risk of Loss. The risk of loss or damage to the Artwork will be borne by Artist until the Artwork is initially installed in the Entertainment District at Arlington City Hall & Public Library in Arlington, Texas. , as shown in Exhibit A. The Artist’s insurance will cover the Artwork prior to installationto, through, and including installation of the Artwork. All risk of loss, liability, or damage to, or related to, the Artwork following such installation will be borne by the City. Insurance will be provided in the amount of the market value (provided by the Artist in accordance with Section 1 of this agreement) for the selected sculpture.