Notice of Cancellation or Change in Coverage. Within three (3) business days of the date the Subcontractor becomes aware of an impending, threatened or actual cancellation or expiration of any insurance required by the Subcontract Documents (whichever comes first), the Subcontractor shall provide notice to the Contractor of such impending or actual cancellation or expiration. Upon receipt of notice from the Subcontractor, the Contractor shall, unless the lapse in coverage arises from an act or omission of the Contractor, have the right to suspend the Work in accordance with this Agreement until the lapse in coverage has been cured by the procurement of replacement coverage by the Subcontractor. The furnishing of notice by the Subcontractor shall not relieve the Subcontractor of any contractual obligation to provide any required coverage. § 12.2 Subcontractor’s Required Performance Bond and Payment Bond
Notice of Cancellation or Change in Coverage. Within three (3) business days of t becomes aware of an impending or actual cancellation or expiration of any insurance requir ntractor will not be the obligations and n by the Contractor to d or continue with the ate the Subcontractor y the Subcontract apse wit bco ual in coverage arises h this Agre ntractor. T obligation eme he to p nt until rovide ully authorized to issue Documents, the Subcontractor shall provide notice to the Contractor of such impending or actual cancellation or expiration. Upon receipt of notice from the Subcontractor, the Contractor shall, unless the l from an act or omission of the Contractor, have the right to suspend the Work in accordance the lapse in coverage has been cured by the procurement of replacement coverage by the Su furnishing of notice by the Subcontractor shall not relieve the Subcontractor of any contract any required coverage.
