Common use of PARTIAL UTILIZATION – PROPERTY INSURANCE Clause in Contracts

PARTIAL UTILIZATION – PROPERTY INSURANCE. 7.8.1 If Owner finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the construction, such use or occupancy may be accomplished; provided that no such use or occupancy shall commence before the insurers providing the property insurance 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 cancelled or permitted to lapse on account of any such partial use or occupancy.

PARTIAL UTILIZATION – PROPERTY INSURANCE. 7.8.1 If Owner finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the construction, such use or occupancy may be accomplished; provided that no such use or occupancy shall commence before the insurers providing the property insurance 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 Insurance shall not be cancelled or permitted to lapse on account of any such partial use or occupancy.

PARTIAL UTILIZATION – PROPERTY INSURANCE. 7.8.1 If Owner OWNER finds it necessary to occupy or use a portion or portions of the Work prior to Substantial Completion of all the constructionWork, such use or occupancy may be accomplishedaccomplished in accordance with paragraph 14:10; provided that no such use or occupancy shall commence before the insurers providing the property insurance have acknowledged notice thereof and in writing effected any the 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 cancelled canceled or permitted to lapse on account of any such partial use or of occupancy.