Common use of Partial Utilization, Acknowledgment of Property Insurer Clause in Contracts

Partial Utilization, Acknowledgment of Property Insurer. A. If OWNER finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the Work as provided in paragraph 14.05, no such use or occupancy shall commence before the insurers providing the property insurance pursuant to paragraph 5.06 have acknowledged notice thereof and in writing effected any changes in coverage necessitated thereby. The insurers providing the property insurance shall consent by endorsement on the policy or policies, but the property insurance shall not be canceled or permitted to lapse on account of any such partial use or occupancy.

Appears in 6 contracts

Samples: Maintenance Contract for Electrical Work, Inspection and Service Contract, Maintenance Contract

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Partial Utilization, Acknowledgment of Property Insurer. A. If OWNER Owner finds it necessary to occupy or use a portion or portions of the Demolition Work prior to Substantial Completion of all the Work as provided in paragraph 14.05Demolition Work, no such use or occupancy shall commence before the insurers providing the property insurance pursuant to paragraph 5.06 4.7 have acknowledged notice thereof and in writing effected any changes in coverage necessitated thereby. The insurers providing the property insurance shall consent by endorsement on the policy or policies, but the property insurance shall not be canceled or permitted to lapse on account of any such partial use or occupancy.

Appears in 3 contracts

Samples: Demolition Contractor Services Agreement, Demolition Contractor Services Agreement, Demolition Contractor Services Agreement

Partial Utilization, Acknowledgment of Property Insurer. A. If OWNER Owner finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the Work as provided in paragraph 14.05Work, no such use or occupancy shall commence before the insurers providing the property insurance pursuant to paragraph 5.06 4.7 have acknowledged notice thereof and in writing effected any changes in coverage necessitated thereby. The insurers providing the property insurance shall consent by endorsement on the policy or policies, but the property insurance shall not be canceled or permitted to lapse on account of any such partial use or occupancy.

Appears in 3 contracts

Samples: Construction Agreement, Construction Agreement, Construction Agreement

Partial Utilization, Acknowledgment of Property Insurer. A. If OWNER Owner finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the Work as provided in paragraph Paragraph 14.05, no such use or occupancy shall commence before the insurers providing the property insurance pursuant to paragraph Paragraph 5.06 have acknowledged notice thereof and in writing effected any changes in coverage necessitated thereby. The insurers providing the property insurance shall consent by endorsement on the policy or policies, but the property insurance shall not be canceled or permitted to lapse on account of any such partial use or occupancy.

Appears in 2 contracts

Samples: Basic Form Agreement, Construction Contract

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Partial Utilization, Acknowledgment of Property Insurer. A. If OWNER Owner finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the Work as provided in paragraph Paragraph 14.05, no such use or occupancy shall commence before the insurers providing the property insurance pursuant to paragraph 5.06 Paragraph 5.04 have acknowledged notice thereof and in writing effected any changes in coverage necessitated thereby. The insurers providing the property insurance shall consent by endorsement on the policy or policies, but the property insurance shall not be canceled or permitted to lapse on account of any such partial use or occupancy.

Appears in 1 contract

Samples: Construction Manager at Risk Agreement

Partial Utilization, Acknowledgment of Property Insurer. A. If OWNER finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the Work as provided in paragraph Paragraph 14.05, no such use or occupancy shall commence before the insurers providing the property insurance pursuant to paragraph Paragraph 5.06 have acknowledged notice thereof and in writing effected any changes in coverage necessitated thereby. The T he insurers providing the property insurance shall consent by endorsement on the policy or policies, but the property insurance shall not be canceled or permitted to lapse on account of any such partial use or occupancy.

Appears in 1 contract

Samples: Construction Contract

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