Loss of Use Insurance. The Owner, at the Owner's option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazards however caused.
Loss of Use Insurance. The Contractor shall purchase and maintain such insurance as will insure the Owner against loss of use of the Owner’s property due to fire or other hazards, however caused.
Loss of Use Insurance. The Owner, at the Owner’s option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner’s property due to fire or other hazards, however caused. Any deductible will be the sole responsibility of the Contractor and may not exceed $50,000 without the written approval of the State. If the Contractor desires authority from the State to have a deductible in a higher amount, the Contractor shall so request in writing, specifying the amount of the desired deductible and providing financial documentation by submitting the most current audited financial statements so that the State can ascertain the ability of the Contractor to cover the deductible from its own resources. The retroactive or prior acts date of such coverage shall not be after the effective date of this Contract and Contractor shall maintain such insurance for a period of at least three (3) years, following completion of the work. If such insurance is discontinued, extended reporting period coverage must be obtained by Contractor to fulfill this requirement. Exhibit C: Specifications, Duties, and Scope of Work In the performance of work under this Master Contract and any Site-Specific Contracts under this Master Contract, the following specifications and requirements apply. General Specifications
Loss of Use Insurance. 11.4.1 Owner, at its option, may purchase and maintain such insurance as will insure it against loss of use of its property due to fire or other hazards, however caused. Owner waives all rights of action against Contractor for loss of use of Owner's property, including consequential losses due or fire or other hazards, however caused, to the extent covered by insurance under this Subparagraph 11.4.1.
Loss of Use Insurance. City, at City’s option, may purchase and maintain Loss of Use Insurance, insuring City against loss of use of City’s property due to fire or other hazards, however caused.
Loss of Use Insurance. RMWD may purchase and maintain such insurance as will insure RMWD against loss of use of RMWD’s property due to fire or other hazards or permits, however caused.
Loss of Use Insurance. The Design-Builder shall purchase and maintain such insurance as will insure the Owner against loss of use of the Owner’s property due to fire or other hazards, however caused. § A.11.4.4 If the Design-Builder requests in writing that insurance for risks other than those described herein or other special causes of loss be included in the property insurance policy, the Owner shall, if possible, and agreeable to the Owner, include such insurance, and the cost thereof shall be charged to the Design-Builder by appropriate Change Order. § A.11.4.5 [Intentionally omitted.]
Loss of Use Insurance. To the extent not provided for in leases and other agreements between the City and others relating to the Airport, insurance covering loss of revenues from Airport facilities by reason of necessary interruption, total or partial, in the use thereof, resulting from damage thereto or destruction thereof, however caused, in such amount as is estimated to be sufficient to provide a full normal income during the period of suspension; but
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Loss of Use Insurance. The Owner, at the Owner's option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. [The Owner waives all rights of action against the Contractor for loss of use of the Owner's property including consequential losses due to fire or other hazards however caused.] To the extent that the Owner actually receives insurance proceeds to cover such losses, and only to the extent permitted by the Owner's insurer, Owner shall waive any rights of action it may have against Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazard however caused. In addition, Owner acknowledges that it shall not have a right of action against Contractor for loss of use of the Owner's property unless such loss was caused by Contractor, its Subcontractors, Sub-subcontractors, or other persons for whom Contractor is responsible.
