Common use of Insurance to be Kept in Effect Clause in Contracts

Insurance to be Kept in Effect. The CM shall not cause or allow any of the insurance required it by this Contract to lapse or be canceled. If the CM fails to obtain, maintain or renew any required insurance, Owner may obtain replacement insurance coverage directly and recover the cost of that insurance from the CM.

Appears in 5 contracts

Samples: www.lakeway-tx.gov, gato-docs.its.txstate.edu, gato-docs.its.txstate.edu

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Insurance to be Kept in Effect. The CM shall not cause or allow any of the insurance required it by this Contract Agreement to lapse or be canceled. If the CM fails to obtain, maintain maintain, or renew any required insurance, Owner may obtain replacement insurance coverage directly and recover the cost of that insurance from the CM.

Appears in 2 contracts

Samples: Agreement, Agreement

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Insurance to be Kept in Effect. The CM shall not cause or allow any of the insurance required it by this Contract Agreement to lapse or be canceled. If the CM fails to obtain, maintain or renew any required insurance, Owner may obtain replacement insurance coverage directly and recover the cost of that insurance from the CM.

Appears in 1 contract

Samples: Agreement

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