Operating Phase Insurances Clause Samples

Operating Phase Insurances. POLICIES TO BE TAKEN OUT BY THE COMPANY DURING THE OPERATIONAL PHASE

Operating Phase Insurances. ‌ From the Date of Commercial Acceptance, Project Co must effect and maintain, or cause to be effected and maintained, each of the Insurances: (a) stated in Schedule 9 (Insurance); and (b) as a prudent owner and operator would obtain and maintain for the operation and maintenance of facilities of a similar nature to the Stadium, Sports Precinct and Off-Site Infrastructure and when performing services of a similar nature to the Services.