Insurances required. The Lessee must at its cost effect and maintain with insurers approved by the Lessor (noting the Lessor’s and the Lessee’s respective rights and interest in the Premises) for the time being:
Insurances required. During the Term, the Customer must effect and maintain with a reputable insurance company the following insurances which are required to note the interests of Terminal Operations Co on each policy:
Insurances required. The Operator must, at its own cost, procure and maintain (or caused to be procured and maintained) insurance policies in relation to the Project consistent with Good Industry Practice, including the following insurances: during the Construction Period only, contract works insurance for the full replacement or reinstatement value of the Facility plus amounts sufficient to cover costs of demolition and removal of debris, including coverage for material and equipment in transit; during the Operations Period only, industrial special risks insurance for each Operations Year reflecting a combined limit of no less than the full replacement or reinstatement value of the Facility, plus amounts sufficient to cover costs of demolition and removal of debris, professional fees and an amount to cover additional costs and expenses to expedite the commencement and completion of the repair, replacement or reinstatement of the Facility; throughout the Term: public and products (completed operations) liability insurance for an amount of at least $20 million (Indexed) for each and every occurrence and in the annual aggregate regards to product liability and completion operations; workers' compensation scheme insurance and motor vehicle liability insurance as required by Law; and any other insurance required by Law. Insurer The insurances required to be procured and maintained under each of clauses 12.1(a), 12.1(b) and 12.1(c)(i) must be maintained with an insurance company that has a Required Rating.
Insurances required. Before commencement of any land disturbance activities on the Development Property, Developer or Owner, as applicable, shall deliver to City certificates of insurance, copies of endorsements, and other evidence of insurance requested by City, which Developer or Owner, as applicable, is required to purchase and maintain, or cause to be purchased or obtained, in the types and amounts of coverage listed below:
Insurances required. (a) Sodexo must effect and maintain the following insurances with a reputable insurer acceptable to Asian Institute of Technology for the Term in respect of the provision of the Services:
Insurances required. The amount of public liability insurance required in clause 12.1(a) ($200,000,000), as well as the threshold of $100,000,000 cover for damage to property and injury & death, seem extraordinarily high. By contrast, the Xxxxxxx Terminals National Terminal Access Terms & Conditions (Clause 6(a) see: xxx.xxxxxxx.com.au – Customer Information tab) requires insurance coverage of $20,000,000 for third party property and public risk liability insurance. Schedule 2 – Vehicle Booking System (VBS) We note that Schedule 2 of the Standard Customer Agreement indicates that Terminal Operations Co will publish standard carrier terms and conditions (Carrier Access Terms) that will govern access by Carriers to the IMEX Terminal. It is important that these Carrier Access Terms are negotiated with Carriers ahead of the commencement of operations at the IMEX Terminal. Container terminal access at Port Botany and the associated conditions of use of Vehicle Booking Systems (VBS) are governed by the Port Botany Landside Operations Mandatory Standards set out in Part 3 of the Ports and Maritime Administration Regulation 2012. While it is understood that it is not currently anticipated that the regulated mandatory standards will be extended to access conditions at the Moorebank IMEX Terminal, it will be beneficial to Carriers and Customers for the Terminal Carrier Access Terms to replicate the mandatory standards to a practical degree. For instance, Clause 2.2(f) in Schedule 2 contemplates that the Carrier must comply with all timing and other requirements relating to a booking as confirmed during the booking process, and that a “no show” fee may apply if the vehicle does not show up for its manifested booking. However, Schedule 2 is silent on the issue of whether compensation may be applicable to the Carrier if a vehicle is unduly delayed at the IMEX Terminal other than due to an unforeseen event or Force Majeure. It will be preferable for the IMEX Terminal Carrier Access Agreement to be akin to a Service Level Agreement (SLA) between the contracting parties with identified key performance indicators applicable to each party, more so than a one-sided contract as exists with the existing container stevedore terminals. VBS Provider It is assumed that the Terminal Operations Co will procure Vehicle Booking System (VBS) services from a VBS technology provider, most likely 1-Stop Connections Pty. Ltd. given its part ownership by Qube through its financial interest in Xxxxxxx Terminals....
Insurances required. 13.1.1 MORILA shall, at its own cost and expense obtain and maintain, or cause to be obtained and maintained from the date of this Agreement the policies of insurance, the minimum requirements of which are set out in Exhibit 5, in the amounts specified and during the period or periods mentioned in Exhibit 5. Mopps shall be named as one of a number of insureds with a severable interest on any such insurance procured by MORILA.
Insurances required. 13.1.1 SOMISY shall, at its own cost and expense obtain and maintain, or cause to be obtained and maintained, from the date of this Agreement the policies of insurance, the minimum requirements of which are set out in Exhibit 5 in the amounts specified and during the period or periods mentioned in Exhibit 5. Sypps shall be named as one of a number of insureds with a severable interest on any such insurance procured by SOMISY.
Insurances required. Home Institution must maintain public liability insurance to a limit of $20 million per any one event for an act or omission on the part of the Student that results in injury, loss or damage Student will be responsible for own travel insurance If Student will be entering Australia on a student visa, Student must obtain Overseas Student Health Cover (as required by Australian Government)
Insurances required. The Operator must, at its own cost, procure and maintain insurance policies in relation to the Project consistent with Good Industry Practice, including the following insurances:
