Common use of Insurance Terms, Conditions and Required Coverages Clause in Contracts

Insurance Terms, Conditions and Required Coverages. Tenant agrees to carry all required insurance at Tenant’s expense and provide to the County current Certificates of Insurance, including all endorsements required herein, necessary to satisfy the County that the insurance provisions of this Lease have been complied with. Tenant shall keep such insurance coverage current and provide Certificates of Insurance and endorsements to the County during the entire term of this Lease. Tenant agrees that Tenant shall not operate on the Leased Premises at any time the required insurance is not in full force and effect as evidenced by a Certificate of Insurance and necessary endorsements or, in the interim, an official binder being in the possession of Airport Director. In no cases shall assurances by Tenant, its employees, agents, including any insurance agent, be construed as adequate evidence of insurance. Airport Director will only accept valid certificates of insurance and endorsements, or in the interim, an insurance binder as adequate evidence of insurance. Xxxxxx also agrees that upon cancellation, termination, or expiration of Tenant's insurance, County may take whatever steps are necessary to interrupt any operation from or on the Leased Premises until such time as the Airport Director reinstates the Agreement. If Tenant fails to provide Airport Director with a valid certificate of insurance and endorsements, or binder at any time during the term of the Agreement, County and Tenant agree that this shall constitute a material breach of the Agreement. Whether or not a notice of default has or has not been sent to Tenant, said material breach shall permit County to take whatever steps necessary to interrupt any operation from or on the Leased Premises, and to prevent any persons, including, but not limited to, members of the general public, and Xxxxxx's employees and agents, from entering the Leased Premises until such time as Airport Director is provided with adequate evidence of insurance required herein. Xxxxxx further agrees to hold County harmless for any damages resulting from such interruption of business and possession, including, but not limited to, damages resulting from any loss of income or business resulting from the County's action. Tenant may occupy the Leased Premises only upon providing to County the required insurance stated herein and maintain such insurance for the entire term of this Lease. County reserves the right to terminate this Lease at any time Tenant’s insurance is canceled or terminated and not reinstated within ten (10) days of said cancellation or termination. Tenant shall pay County a fee of $300.00 for processing the reinstatement of the Agreement. Tenant shall provide to County immediate notice of said insurance cancellation or termination. All contractors performing work on behalf of Tenant pursuant to this Lease shall obtain insurance subject to the same terms and conditions as set forth herein for Tenant. Tenant shall not allow contractors or subcontractors to work if contractors have less than the level of coverage required by the County from the Tenant under this Lease. It is the obligation of the Tenant to provide written notice of the insurance requirements to every contractor and to receive proof of insurance prior to allowing any contractor to begin work within the Leased Premises. Such proof of insurance must be maintained by Tenant through the entirety of this Lease and be available for inspection by a County representative at any reasonable time. All self-insured retentions (SIR)’s shall be clearly stated on the Certificate of Insurance. Any SIR in excess of Fifty Thousand Dollars ($50,000) shall specifically be approved by the County’s Risk Manager, or designee. The County reserves the right to require current audited financial reports from Tenant. If Tenant is self-insured, Tenant will indemnify and defend County for any and all claims resulting or arising from Tenant’s use of the premises, services or other performance in accordance with the indemnity provision stated in this Lease.

Insurance Terms, Conditions and Required Coverages. Tenant agrees to carry all required insurance at Tenant’s expense and provide to the County current Certificates of Insurance, including all endorsements required herein, necessary to satisfy the County that the insurance provisions of this Lease have been complied with. Tenant shall keep such insurance coverage current and provide Certificates of Insurance and endorsements to the County during the entire term of this Lease. Tenant Xxxxxx agrees that Tenant shall not operate on the Leased Premises at any time the required insurance is not in full force and effect as evidenced by a Certificate of Insurance and necessary endorsements or, in the interim, an official binder being in the possession of Airport Director. In no cases shall assurances by Tenant, its employees, agents, including any insurance agent, be construed as adequate evidence of insurance. Airport Director will only accept valid certificates of insurance and endorsements, or in the interim, an insurance binder as adequate evidence of insurance. Xxxxxx also agrees that upon cancellation, termination, or expiration of Tenant's insurance, County may take whatever steps are necessary to interrupt any operation from or on the Leased Premises until such time as the Airport Director reinstates the Agreement. If Tenant fails to provide Airport Director with a valid certificate of insurance and endorsements, or binder at any time during the term of the Agreement, County and Tenant agree that this shall constitute a material breach of the Agreement. Whether or not a notice of default has or has not been sent to Tenant, said material breach shall permit County to take whatever steps necessary to interrupt any operation from or on the Leased Premises, and to prevent any persons, including, but not limited to, members of the general public, and Xxxxxx's employees and agents, from entering the Leased Premises until such time as Airport Director is provided with adequate evidence of insurance required herein. Xxxxxx further agrees to hold County harmless for any damages resulting from such interruption of business and possession, including, but not limited to, damages resulting from any loss of income or business resulting from the County's action. Tenant may occupy the Leased Premises only upon providing to County the required insurance stated herein and maintain such insurance for the entire term of this Lease. County reserves the right to terminate this Lease at any time Tenant’s insurance is canceled or terminated and not reinstated within ten (10) days of said cancellation or termination. Tenant shall pay County a fee of $300.00 for processing the reinstatement of the Agreement. Tenant shall provide to County immediate notice of said insurance cancellation or termination. All contractors performing work on behalf of Tenant pursuant to this Lease shall obtain insurance subject to the same terms and conditions as set forth herein for Tenant. Tenant shall not allow contractors or subcontractors to work if contractors have less than the level of coverage required by the County from the Tenant under this Lease. It is the obligation of the Tenant to provide written notice of the insurance requirements to every contractor and to receive proof of insurance prior to allowing any contractor to begin work within the Leased Premises. Such proof of insurance must be maintained by Tenant through the entirety of this Lease and be available for inspection by a County representative at any reasonable time. All self-insured retentions (SIR)’s shall be clearly stated on the Certificate of Insurance. Any SIR in excess of Fifty Thousand Dollars ($50,000) shall specifically be approved by the County’s Risk Manager, or designee. The County reserves the right to require current audited financial reports from Tenant. If Tenant is self-insured, Tenant will indemnify and defend County for any and all claims resulting or arising from Tenant’s use of the premises, services or other performance in accordance with the indemnity provision stated in this Lease.

Insurance Terms, Conditions and Required Coverages. Tenant agrees to carry all required insurance at Tenant’s expense and provide to the County current Certificates of Insurance, including all endorsements required herein, necessary to satisfy the County that the insurance provisions of this Lease have been complied with. Tenant shall keep such insurance coverage current and provide Certificates of Insurance and endorsements to the County during the entire term of this Lease. Tenant agrees that Tenant shall not operate on the Leased Premises at any time the required insurance is not in full force and effect as evidenced by a Certificate of Insurance and necessary endorsements or, in the interim, an official binder being in the possession of Airport Director. In no cases shall assurances by Tenant, its employees, agents, including any insurance agent, be construed as adequate evidence of insurance. Airport Director will only accept valid certificates of insurance and endorsements, or in the interim, an insurance binder as adequate evidence of insurance. Xxxxxx also agrees that upon cancellation, termination, or expiration of Tenant's insurance, County may take whatever steps are necessary to interrupt any operation from or on the Leased Premises until such time as the Airport Director reinstates the Agreement. If Tenant fails to provide Airport Director with a valid certificate of insurance and endorsements, or binder at any time during the term of the Agreement, County and Tenant agree that this shall constitute a material breach of the Agreement. Whether or not a notice of default has or has not been sent to Tenant, said material breach shall permit County to take whatever steps necessary to interrupt any operation from or on the Leased Premises, and to prevent any persons, including, but not limited to, members of the general public, and Xxxxxx's employees and agents, from entering the Leased Premises until such time as Airport Director is provided with adequate evidence of insurance required herein. Xxxxxx further agrees to hold County harmless for any damages DocuSign Envelope ID: C3FE23DB-91BD-434E-8B72-DA0A11B2473D resulting from such interruption of business and possession, including, but not limited to, damages resulting from any loss of income or business resulting from the County's action. Tenant may occupy the Leased Premises only upon providing to County the required insurance stated herein and maintain such insurance for the entire term of this Lease. County reserves the right to terminate this Lease at any time Tenant’s insurance is canceled or terminated and not reinstated within ten (10) days of said cancellation or termination. Tenant shall pay County a fee of $300.00 for processing the reinstatement of the Agreement. Tenant shall provide to County immediate notice of said insurance cancellation or termination. All contractors performing work on behalf of Tenant pursuant to this Lease shall obtain insurance subject to the same terms and conditions as set forth herein for Tenant. Tenant shall not allow contractors or subcontractors to work if contractors have less than the level of coverage required by the County from the Tenant under this Lease. It is the obligation of the Tenant to provide written notice of the insurance requirements to every contractor and to receive proof of insurance prior to allowing any contractor to begin work within the Leased Premises. Such proof of insurance must be maintained by Tenant through the entirety of this Lease and be available for inspection by a County representative at any reasonable time. All self-insured retentions (SIR)’s shall be clearly stated on the Certificate of Insurance. Any SIR in excess of Fifty Thousand Dollars ($50,000) shall specifically be approved by the County’s Risk Manager, or designee. The County reserves the right to require current audited financial reports from Tenant. If Tenant is self-insured, Tenant will indemnify and defend County for any and all claims resulting or arising from Tenant’s use of the premises, services or other performance in accordance with the indemnity provision stated in this Lease.

Insurance Terms, Conditions and Required Coverages. Tenant agrees to carry all required insurance at Tenant’s expense and provide to the County current Certificates of Insurance, including all endorsements required herein, necessary to satisfy the County that the insurance provisions of this Lease have been complied with. Tenant shall keep such insurance coverage current and provide Certificates of Insurance and endorsements to the County during the entire term of this Lease. Tenant Xxxxxx agrees that Tenant shall not operate on the Leased Premises at any time the required insurance is not in full force and effect as evidenced by a Certificate of Insurance and necessary endorsements or, in the interim, an official binder being in the possession of Airport Director. In no cases shall assurances by Tenant, its employees, agents, including any insurance agent, be construed as adequate evidence of insurance. Airport Director will only accept valid certificates of insurance and endorsements, or in the interim, an insurance binder as adequate evidence of insurance. Xxxxxx also agrees that upon cancellation, termination, or expiration of Tenant's ’s insurance, County may take whatever steps are necessary to interrupt any operation from or on the Leased Premises until such time as the Airport Director reinstates the Agreement. If Tenant fails to provide Airport Director with a valid certificate of insurance and endorsements, or binder at any time during the term of the Agreement, County and Tenant agree that this shall constitute a material breach of the Agreement. Whether or not a notice of default has or has not been sent to Tenant, said material breach shall permit County to take whatever steps necessary to interrupt any operation from or on the Leased Premises, and to prevent any persons, including, but not limited to, members of the general public, and Xxxxxx's ’s employees and agents, from entering the Leased Premises until such time as Airport Director is provided with adequate evidence of insurance required herein. Xxxxxx further agrees to hold County harmless for any damages resulting from such interruption of business and possession, including, but not limited to, damages resulting from any loss of income or business resulting from the County's ’s action. Tenant may occupy the Leased Premises only upon providing to County the required insurance stated herein and maintain such insurance for the entire term of this Lease. County reserves the right to terminate this Lease at any time Tenant’s insurance is canceled or terminated and not reinstated within ten (10) days of said cancellation or termination. Tenant shall pay County a fee DocuSign Envelope ID: 3D69B7F0-C0A2-48D7-BAEA-EC290E626401 of $300.00 for processing the reinstatement of the Agreement. Tenant shall provide to County immediate notice of said insurance cancellation or termination. All contractors performing work on behalf of Tenant pursuant to this Lease shall obtain insurance subject to the same terms and conditions as set forth herein for Tenant. Tenant shall not allow contractors or subcontractors to work if contractors have less than the level of coverage required by the County from the Tenant under this Lease. It is the obligation of the Tenant to provide written notice of the insurance requirements to every contractor and to receive proof of insurance prior to allowing any contractor to begin work within the Leased Premises. Such proof of insurance must be maintained by Tenant through the entirety of this Lease and be available for inspection by a County representative at any reasonable time. All self-insured retentions (SIR)’s shall be clearly stated on the Certificate of Insurance. Any SIR in excess of Fifty Thousand Dollars ($50,000) shall specifically be approved by the County’s Risk Manager, or designee. The County reserves the right to require current audited financial reports from Tenant. If Tenant is self-insured, Tenant will indemnify and defend County for any and all claims resulting or arising from Tenant’s use of the premises, services or other performance in accordance with the indemnity provision stated in this Lease.