LICENSES & INSURANCE. If any Credit assures payment for goods to be imported, the Applicant shall procure or cause the Beneficiaries of each Credit to procure promptly any necessary import and export or other licenses for import or export or shipping of any goods referred to in or pursuant to such Credit and to comply and to cause the Beneficiaries to comply with all foreign and domestic governmental regulations in regard to the shipment and warehousing of such goods or otherwise relating to or affecting such Credit, including governmental regulations pertaining to transactions involving designated foreign countries or their nationals, and to furnish such certificates in that respect as GE Capital may at any time require, and to keep such goods adequately covered by insurance in amounts, with carriers and for such risks as shall be satisfactory to GE Capital, and to cause GE Capital's interest to be endorsed thereon, and to furnish GE Capital on demand with evidence thereof. Should the insurance upon said goods for any reason be unsatisfactory to GE Capital, GE Capital may, at its expense, obtain insurance satisfactory to it.
LICENSES & INSURANCE. 4.1 It is understood and agreed that both the Company and the Broker shall abide by the relevant federal, provincial and municipal licensing requirements and applicable taxes.
4.2 In addition to the licensing requirements as set out in paragraph 4.3, and the insurance requirements set out in paragraph 4.4, the Broker shall carry and keep in force such other policies of insurance which may from time to time be reasonably required by the Company or by any regulatory board, agency, commission or authority and shall be bondable where necessary to meet the Company’s service requirements. The cost of a bond will be borne by the Company.
4.3 The Broker shall provide all appropriate licensing for the Broker’s vehicle in regards to provincial, municipal and city ordinates. The Company shall provide any and all licensing in respects to the Motor Carrier Commission of the Province of Ontario.
4.4 The Broker shall forthwith insure the said vehicle in the amount of $2,000,000.00 minimum inclusive coverage in respect of public liability and property damage claims, and carry Commercial General Liability insurance with a $2,000,000.00 bodily injury and property damage limit. For this policy, the Company is to be named as an additional insured. The Broker is required to provide evidence thereof to the Company following the signing of this agreement and every six (6) months thereafter or as requested by the Company. The Company reserves the right to vary, amend or modify the level of insurance coverage or type of insurance coverage that the Broker shall provide under this Broker Agreement and payment for the above referenced newly required variation, amendment, modification or type of Commercial General Liability coverage shall be over and above any negotiated broker compensation.
LICENSES & INSURANCE. The Applicant shall procure or cause the Beneficiaries of each Credit to procure promptly any necessary import and export or other licenses for import or export or shipping of any goods referred to in or pursuant to such Credit and to comply and to cause the Beneficiaries to comply with all foreign and domestic governmental regulations in regard to the shipment and warehousing of such goods or otherwise relating to or affecting such Credit, including governmental regulations pertaining to transactions involving designated foreign countries or their nationals, and to furnish such certificates in that respect as GE Capital may at any time require, and to keep such goods adequately covered by insurance in amounts, with carriers and for such risks as shall be satisfactory to GE Capital, and to cause GE Capital's interest to be endorsed thereon, and to furnish GE Capital on demand with evidence thereof. Should the insurance upon said goods for any reason be unsatisfactory to GE Capital, GE Capital may, at its expense, obtain insurance satisfactory to it.
LICENSES & INSURANCE. At all times during the term of this Agreement, Provider shall, and if Provider is comprised of a group of licensed providers, each such licensed provider shall:
(a) be licensed under the laws of the State of California to provide the services described in Exhibit A, and such license shall be free of any restrictions or limitations;
(b) be in compliance with all applicable local, state and federal laws relating to the provision of services hereunder, and furnish such services in accordance with all applicable licensing requirements and all local standards of professional ethics and practice;
(c) maintain in effect such policies of general and professional liability insurance and other insurance as shall be necessary and appropriate to insure him/her/it and his/her/its employees against any claims or claims for damages arising by reason of or indirectly in connection with the provision of Covered Services pursuant to this Agreement; provided that such insurance shall have limits of not less than One Million Dollars ($1,000,000) per each occurrence and not less than Three Million Dollars ($3,000,000) in the aggregate per calendar year; and
(d) provide evidence to Blue Shield of compliance with the forgoing requirements set forth in this Section 4.1.
LICENSES & INSURANCE. It is and agreed that both the Company and the Broker shall abide by the relevant federal, provincial and municipal licensing requirements and applicable taxes. In addition to the licensing requirements as set out in paragraph and the insurance requirements set out in paragraph the Broker shall carry and keep in force such other policies of insurance which may from time to time be reasonably required by the Company or by any regulatory board, agency, commis- sion or authority and shall be bondable where necessary to meet the Company’s service requirements. The cost of a bond will be by the Company. The Broker shall provide all appropriate licensing for the Broker’s vehicle in regards to provincial, municipal and city ordinates. The Company shall provide any and all licensing in respects to the Motor Carrier Commission of the Province of Ontario. The Broker shall forthwith insure the said vehicle in the amount of minimum inclusive coverage in respect of pub- lic liability and property damage claims, and carry Commercial General Liability insurance with a bodily injury and property damage limit. For this policy, the Company is to be named as an additional insured. The Broker is required to provide evidence thereof to the Company following the signing of this agreement and every six (6) months thereafter or as requested by the Company. The Company reserves the right to vary, amend or modify the level of insurance coverage or type of cov- erage that the Broker provide under this Broker Agreement and payment for the above referenced newly required varia- tion, amendment, modification or type of Commercial General Liability coverage shall be over and above any negotiated broker compensation.
LICENSES & INSURANCE. The Applicant will procure promptly any necessary import, export or other licenses for the import, export, or shipping of any and all property shipped under or pursuant to or in connection with any Letter of Credit, and will comply with all foreign and domestic governmental regulations in regard to the shipment of such property or the financing thereof, and will furnish such certificates in that respect as the Bank may at any time(s) require. The Applicant hereby warrants that the importation of any property covered by any Letter of Credit (if any) does not contravene any law or regulation of the United States government or any state. The Applicant will keep all such property adequately covered by insurance in amounts, against risks and with companies satisfactory to the Bank, and, in the event that a reimbursement obligation under this Agreement is secured, will assign the relevant insurance policies to Bank, and will make any loss or adjustment payable under any such policy, if any, payable to the Bank, at its option, and will furnish the Bank, on its demand, with evidence of acceptance by the insurers of any such assignment. The Applicant will furnish the Bank upon request evidence of compliance with the foregoing. Should the insurance on any such property for any reason be unsatisfactory to the Bank, the Bank may, at the Applicant’s expense, obtain insurance satisfactory to the Bank.
LICENSES & INSURANCE. 4.01 It is understood and agreed that both the Company and the Broker shall abide by the relevant federal, provincial and municipal licensing requirements and applicable taxes.
4.02 In addition to the licensing requirements as set out in paragraph 4.1, and the insurance requirements set out in this Agreement, the Broker shall carry and keep in force such other policies of insurance, which may from time to time be reasonably required by the Company or by any regulatory board, agency, commission or authority and shall be bondable where necessary to meet the Company's service requirements. The cost of a bond will be borne by the Company.
LICENSES & INSURANCE. It is understood and agreed that both the Company and the Broker shall abide by the relevant federal, provi ncial and municipal licensing requirements and applicable taxes.
LICENSES & INSURANCE. 5.1 Contractor shall have a valid Alaska business license and City of Nome sales tax license and be current on filings/payments.
5.2 Contractor shall maintain business automobile liability insurance with a limit of not less than $1,000,000.00 each accident. Such insurance shall cover liability arising out of any auto (including owned, hired, and non-owned autos). Coverage shall be written on ISO form CA 00 01, CA 00 03, CA 00 12, CA 00 20 or a substitute form providing equivalent liability coverage. If necessary, the policy shall be endorsed to provide contractual liability coverage equivalent to that provided in the 1990 and later editions of CA 00 01.
5.3 At City's option, Contractor shall maintain commercial general liability (CGL) insurance with a limit of not less than $1,000,000.00 per occurrence.
5.4 Contractor shall maintain workers compensation and employers liability insurance with limits not less than that required by law.
5.5 Contractor waives all rights against Nome and its agents, officers, directors, officials, and employees for recovery of damages, to the extent these damages are covered by the business auto liability, commercial general liability, workers compensation or employers liability insurance required to be obtained by Contractor pursuant to paragraphs 7.2, 7.3 or 7.4 above.
5.6 Nome shall be included as an additional named insured under any CGL policy required by this paragraph 7 using ISO additional insured endorsement CG 20 10, or a substitute providing equivalent coverage. This insurance shall apply as primary insurance with respect to any other insurance or self-insurance programs of City. There shall be no endorsement or modification of the CGL to make it excess over other available insurance; alternatively, if the CGL states that is its excess or pro rata, the policy shall be endorsed to be primary with respect to the additional insured.
5.7 Contractor shall insure their operators are properly licensed.
5.8 Proof of compliance with the licensing and insurance provisions of this paragraph shall be attached to this agreement as soon as practical after this agreement is signed, but, in no event later than the first commencement of services under this agreement or seven (7) days from the date of signing of this agreement, whichever is less. Proof of compliance with the insurance provisions of this Agreement shall be in form of copies of certificates of insurance executed by a duly authorized representative of each insurer showin...
LICENSES & INSURANCE. It is understood and agreed that both the Company and the Broker shall abide by the relevant federal, provincial and municipal licensing requirements and applicable taxes. In addition to the licensing requirements as set out in paragraph and the insurance requirements set out in this Agreement, the Broker shall carry and keep in force such other policies of insurance, which may from time to time be reasonably required by the Company or by any regulatory board, agency, commission or authority and shall be bondable where necessary to meet the Company's service requirements. The cost of a bond will be borne by the Company.
