OBLIGATION TO MAINTAIN INSURANCES. Without prejudice to its obligations to the Fund under this Framework Agreement, including its indemnity obligations, the Supplier shall for the periods specified in this Schedule 14 take out and maintain, or procure the taking out and maintenance of the insurances as set out in Annex 1 (Required Insurances) and any other insurances as may be required by applicable Law (together the “Insurances”). The Supplier shall ensure that each of the Insurances is effective no later than the Framework Commencement Date. The Insurances shall be maintained in accordance with Good Industry Practice and (so far as is reasonably practicable) on terms no less favourable than those generally available to a prudent contractor in respect of risks insured in the international insurance market from time to time. The Insurances shall be taken out and maintained with insurers who are of good financial standing and of good repute in the international insurance market. The Supplier shall ensure that the public and products liability policy shall contain an indemnity to principals clause under which the Fund shall be indemnified in respect of claims made against the Fund in respect of death or bodily injury or third party property damage arising out of or in connection with the Goods and/or Services and for which the Supplier is legally liable.
Appears in 3 contracts
Samples: Framework Agreement, www.contractsfinder.service.gov.uk, www.contractsfinder.service.gov.uk
OBLIGATION TO MAINTAIN INSURANCES. Without prejudice to its obligations to the Fund DFID under this Framework AgreementContract, including its indemnity obligations, the Supplier shall for the periods specified in this Schedule 14 2 take out and maintain, or procure the taking out and maintenance of the insurances as set out in Annex 1 (Required Insurances) and any other insurances as may be required by applicable Law (together the “Insurances”). The Supplier shall ensure that each of the Insurances is effective no later than the Framework Commencement Date. The Insurances shall be maintained in accordance with Good Industry Practice and (so far as is reasonably practicable) on terms no less favourable than those generally available to a prudent contractor Contractor in respect of risks insured in the international insurance market from time to time. The Insurances shall be taken out and maintained with insurers who are of good financial standing and of good repute in the international insurance market. The Supplier shall ensure that the public and products liability policy shall contain an indemnity to principals clause under which the Fund DFID shall be indemnified in respect of claims made against the Fund DFID in respect of death or bodily injury or third party property damage arising out of or in connection with the Goods and/or Services and for which the Supplier is legally liable.
Appears in 1 contract
Samples: aidstream.org
OBLIGATION TO MAINTAIN INSURANCES. Without prejudice to its obligations to the Fund CCS under this Framework AgreementAgreement and each Call-Off Contract, including its indemnity obligations, the Supplier shall for the periods specified in this Schedule 14 11 take out and maintain, or procure the taking out and maintenance of the insurances as set out in Annex 1 (Required Insurances) and any other insurances as may be required by applicable Law (together the “Insurances”). The Supplier shall ensure that each of the Insurances is effective no later than the Framework Commencement Date. The Insurances shall be maintained in accordance with Good Industry Practice and (so far as is reasonably practicable) on terms no less favourable than those generally available to a prudent contractor in respect of risks insured in the international insurance market from time to time. The Insurances shall be taken out and maintained with insurers who are of good financial standing and of good repute in the international insurance market. The Supplier shall ensure that the public and products liability policy shall contain an indemnity to principals clause under which the Fund CCS and each Buyer shall be indemnified in respect of claims made against the Fund CCS or a Buyer in respect of death or bodily injury or third party property damage arising out of or in connection with the Goods and/or Services and for which the Supplier is legally liable.
Appears in 1 contract
Samples: assets.crowncommercial.gov.uk
OBLIGATION TO MAINTAIN INSURANCES. Without prejudice to its obligations to the Fund CCS under this Framework AgreementAgreement and each Call Off Contract, including its indemnity obligations, the Supplier shall for the periods specified in this Schedule 14 take out and maintain, or procure the taking out and maintenance of the insurances as set out in Annex 1 (Required Insurances) and any other insurances as may be required by applicable Law (together the “Insurances”). The Supplier shall ensure that each of the Insurances is effective no later than the Framework Commencement Date. The Insurances shall be maintained in accordance with Good Industry Practice and (so far as is reasonably practicable) on terms no less favourable than those generally available to a prudent contractor in respect of risks insured in the international insurance market from time to time. The Insurances shall be taken out and maintained with insurers who are of good financial standing and of good repute in the international insurance market. The Supplier shall ensure that the public and products liability policy shall contain an indemnity to principals clause under which the Fund CCS and each Buyer shall be indemnified in respect of claims made against the Fund CCS or a Buyer in respect of death or bodily injury or third party property damage arising out of or in connection with the Goods and/or Services and for which the Supplier is legally liable.
Appears in 1 contract
Samples: assets.crowncommercial.gov.uk
OBLIGATION TO MAINTAIN INSURANCES. Without prejudice to its obligations to the Fund Authority under this Framework AgreementContract, including its indemnity obligations, the Supplier shall for the periods specified shall, in this Schedule 14 relation to each Call-Off Contract, take out and maintain, or procure the taking out and maintenance of the insurances as set out in Annex 1 (Required Insurances) and any other insurances as may be required by applicable Law (together the “Insurances”). The Supplier shall ensure that each of the Insurances is effective from no later than the Framework Commencement Datedate of commencement of the relevant Call-Off Contract. The Insurances shall be maintained in accordance with Good Industry Practice and (so far as is reasonably practicable) on terms no less favourable than those generally available to a prudent contractor Contractor in respect of risks insured in the international insurance market from time to time. The Insurances shall be taken out and maintained with insurers who are of good financial standing and of good repute in the international insurance market. The Supplier shall ensure that the public and products liability policy shall contain an indemnity to principals clause under which the Fund Authority shall be indemnified in respect of claims made against the Fund Authority in respect of death or bodily injury or third party property damage arising out of or in connection with the Goods and/or Services and for which the Supplier is legally liable.
Appears in 1 contract
Samples: Framework Agreement