Common use of Notice of Cancellation Endorsement Clause in Contracts

Notice of Cancellation Endorsement. In the event of a material modification, cancellation, expiration, or reduction in coverage, this Agreement shall terminate forthwith, unless the University receives, prior to such effective date, another properly executed original Certificate of Insurance and original copies of endorsements or certified original policies, including all endorsements and attachments thereto evidencing coverage’s set forth herein and the insurance required herein is in full force and effect. Contractor shall not commence operations until the University has been furnished original Certificate (s) of Insurance and certified original copies of endorsements and if requested, certified original policies of insurance including all endorsements and any and all other attachments as required in this Section. An individual authorized by the insurance carrier to do so on its behalf shall sign the original endorsements for each policy and the Certificate of Insurance. It is understood and agreed to by the parties hereto that the Contractor’s insurance shall be construed as primary insurance, and the University’s insurance and/or deductibles and/or self-insured retention’s or self-insured programs shall not be construed as contributory. If, during the term of this Agreement or any extension thereof, there is a material change in the scope of services; or, there is a material change in the equipment to be used in the performance of the scope of work; or, the term of this Agreement, including any extensions thereof, exceeds five (5) years; the University reserves the right to adjust the types of insurance and the monetary limits of liability required under this Agreement, if in the University risk management's reasonable judgment, the amount or type of insurance carried by the Contractor has become inadequate. Contractor shall pass down the insurance obligations contained herein to all tiers of subcontractors working under this Agreement. The insurance requirements contained in this Agreement may be met with a program(s) of self-insurance acceptable to the University. Contractor agrees to notify the University of any claim by a third party or any incident or event that may give rise to a claim arising from the performance of this Agreement.

Notice of Cancellation Endorsement. In the event of a material modification, cancellation, expiration, or reduction in coverage, this Agreement shall terminate forthwith, unless the University receives, prior to such effective date, another properly executed original Certificate of Insurance and original copies of endorsements or certified original policies, including all endorsements and attachments thereto evidencing coverage’s set forth herein and the insurance required herein is in full force and effect. Contractor Entertainer shall not commence operations until the University has been furnished original Certificate (s) of Insurance and certified original copies of endorsements and if requested, certified original policies of insurance including all endorsements and any and all other attachments as required in this Section. An individual authorized by the insurance carrier to do so on its behalf shall sign the original endorsements for each policy and the Certificate of Insurance. It is understood and agreed to by the parties hereto that the ContractorEntertainer’s insurance shall be construed as primary insurance, and the University’s insurance and/or deductibles and/or self-insured retention’s or self-insured programs shall not be construed as contributory. If, during the term of this Agreement or any extension thereof, there is a material change in the scope of services; or, there is a material change in the equipment to be used in the performance of the scope of work; or, the term of this Agreement, including any extensions thereof, exceeds five (5) years; the University reserves the right to adjust the types of insurance and the monetary limits of liability required under this Agreement, if in the University risk management's reasonable judgment, the amount or type of insurance carried by the Contractor Entertainer has become inadequate. Contractor Entertainer shall pass down the insurance obligations contained herein to all tiers of subcontractors working under this Agreement. The insurance requirements contained in this Agreement may be met with a program(s) of self-insurance acceptable to the University. Contractor Entertainer agrees to notify the University of any claim by a third party or any incident or event that may give rise to a claim arising from the performance of this Agreement.

Notice of Cancellation Endorsement. ▪ In the event of a material modification, cancellation, expiration, or reduction in coverage, this Agreement Lease shall terminate forthwith, unless the University District receives, prior to such effective date, another properly executed original Certificate of Insurance and original copies of endorsements or certified original policies, including all endorsements and attachments thereto evidencing coverage’s set forth herein and the insurance required herein is in full force and effect. Contractor The City shall not commence operations until the University District has been furnished original Certificate (s) Certificates of Insurance and certified original copies of endorsements and if requested, certified original policies of insurance including all endorsements and any and all other attachments as required in this Section. An individual authorized by the insurance carrier to do so on its behalf shall sign the original endorsements endorsement for each policy and the Certificate of Insurance. ▪ It is understood and agreed to by the parties Parties hereto that the Contractor2City’s insurance shall be construed as primary insurance, and the UniversityDistrict’s insurance and/or deductibles deductible and/or self-insured retention’s retentions or self-insured programs shall not be construed as contributory. ▪ The City is expressly obligated to provide for the legal defense and investigation of any claim against the District as an Additional Insured and for all costs and expenses incidental to such defense or investigation. ▪ The insurance required herein, and the insurance carried by District, shall not be deemed to limit the respective insured Parties’ liability related to performance under this Lease. The procuring of insurance shall not be construed as a limitation on liability or as full performance of the indemnification and hold harmless provisions of this Lease. ▪ If, during the term of this Agreement Lease or any extension thereof, there is a material change in the scope of services; or, there is a material change in the equipment to be used in the performance of the scope of work; or, the term of this AgreementLease, including any extensions extension thereof, exceeds five (5) years; the University District reserves the right to adjust the types of insurance and the monetary limits of liability required under this AgreementLease, if in the University risk management's District Risk Management’s reasonable judgment, the amount or type of insurance carried carrier by the Contractor City has become inadequate. Contractor ▪ If the City fails to procure any coverage require to be maintained hereunder, or renewal thereof, or to provide written evidence of the procurement or renewal thereof on a timely basis, the District may, but is not required to, after having given five (5) working days written notice to the City, procure such coverage and charge its cost to the City. ▪ The City shall pass down the insurance obligations contained herein to all tiers of subcontractors working under this Agreement. The insurance requirements contained in this Agreement may be met with a program(s) of self-insurance acceptable to the University. Contractor agrees to notify the University of any claim by a third party or any incident or event that may give rise to a claim arising from the performance of this AgreementLease.