Payment of Deductibles. If any of the insurance described above shall have any deductibles, the Party obligated to procure such insurance shall be solely responsible for payment of all such deductible amounts associated with such insurance.
Appears in 8 contracts
Samples: Engineering, Procurement and Construction Contract, Engineering, Procurement and Construction Contract (Clean Coal Technologies Inc.), Binding Letter of Intent for Bridge Financing and Epc Agreement (Us Geothermal Inc)