Common use of Licensed Sureties and Insurers; Certificates of Insurance Clause in Contracts

Licensed Sureties and Insurers; Certificates of Insurance. A. All insurance required by the Contract Documents to be purchased and maintained by OWNER or DESIGN/BUILDER shall be obtained from insurance companies that are duly licensed or authorized in the jurisdiction in which the Project is located to issue insurance policies for the limits and coverages so required. Such insurance companies shall also meet such additional requirements and qualifications as may be agreed in writing by DESIGN/BUILDER and OWNER.

Appears in 3 contracts

Samples: Design/Build Agreement (Advanced BioEnergy, LLC), Design/Build Agreement (Husker Ag LLC), Design/Build Agreement (Southwest Iowa Renewable Energy, LLC)

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Licensed Sureties and Insurers; Certificates of Insurance. A. All insurance required by the Contract Documents to be purchased and maintained by OWNER or DESIGN/BUILDER shall be obtained from insurance companies that are duly licensed or authorized in the jurisdiction in which the Project is located to issue insurance policies for the limits and coverages so required. Such insurance companies shall also meet such additional requirements and qualifications as may be agreed in writing by DESIGN/BUILDER and OWNER.. ARTICLE 6--DESIGN/BUILDER'S RESPONSIBILITIES

Appears in 1 contract

Samples: Design/Build Agreement (Southwest Iowa Renewable Energy, LLC)

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