LOSS PAYEES Sample Clauses
LOSS PAYEES. Supplier is not required to name any other entity, including without limitation, Customer, as a loss payee under any of Supplier's insurance policies.
LOSS PAYEES. Notwithstanding that Contractor shall obtain the construction all-risk property and marine cargo insurance coverage for the Work and the LNG Facility pursuant to Appendix MM, Owner, the Common Facilities Owner, the Lenders and Contractor shall be loss payees under such policies. Contractor shall prepare and submit any claims, “proof of loss” and other statements or certifications required by the insurers, and work with the insurers to maximize recovery under such policies. At Owner’s written request, Contractor shall provide Owner with copies of such claims, “proof of loss” and other statements or certifications required by the insurers. Payment of proceeds from such insurance policies shall be made as follows as respects any one occurrence:
LOSS PAYEES. Any loss shall be adjusted with you and shall be payable to you and to any loss payees listed on the declarations (Refer to Property Declarations) as your and their interests appear.