Common use of Owner’s Insurance Clause in Contracts

Owner’s Insurance. Owner shall, at its expense, procure or cause to be procured, and maintain or cause to be maintained, the policies of insurance and corresponding coverages specified in Part II of Exhibit 15 (“Owner's Insurance”). Owner's Insurance shall commence on the Effective Date and shall remain in full force and effect at all times until the expiration of the last Warranty Period, unless required for a longer or shorter period in accordance with Exhibit 15. Subject to the prior agreement of the Parties and the affected insurers, Owner's Insurance may be included, at Owner's cost and responsibility, under one or more policies of Contractor's Insurance.

Appears in 4 contracts

Samples: Procurement and Construction Agreement (Sunpower Corp), Procurement and Construction Agreement (Sunpower Corp), Engineering, Procurement and Construction Agreement (Sunpower Corp)

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Owner’s Insurance. Owner shall, at its expense, procure or cause to be procured, and maintain or cause to be maintained, the policies of insurance and corresponding coverages specified in Part II of Exhibit 15 13 (“Owner's ’s Insurance”). Owner's ’s Insurance shall commence on the Effective Date and shall remain in full force and effect at all times until the expiration of the last Warranty PeriodSubstantial Completion, unless required for a longer or shorter period in accordance with Exhibit 1513. Subject to the prior agreement of the Parties and the affected insurers, Owner's ’s Insurance may be included, at Owner's ’s cost and responsibility, under one or more policies of Contractor's ’s Insurance.

Appears in 2 contracts

Samples: Build Transfer Agreement, Procurement and Construction Agreement

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Owner’s Insurance. Owner shall, at its expense, procure or cause to be procured, and maintain or cause to be maintained, the policies of insurance and corresponding coverages specified in Part II of Exhibit 15 13 (“Owner's ’s Insurance”). Owner's ’s Insurance shall commence on the Effective Date and shall remain in full force and effect at all times until the expiration of the last Warranty PeriodProject Mechanical Completion, unless required for a longer or shorter period in accordance with Exhibit 1513. Subject to the prior agreement of the Parties and the affected insurers, Owner's ’s Insurance may be included, at Owner's ’s cost and responsibility, under one or more policies of Contractor's ’s Insurance.

Appears in 2 contracts

Samples: Build Transfer Agreement, Engineering, Procurement and Construction Agreement

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