Common use of Payment of Premiums; Evidence Clause in Contracts

Payment of Premiums; Evidence. The Party obligated to provide insurance coverage under Section 11.1 or Section 11.2 (the “Covering Party”, as applicable to each such Section) shall pay all premiums for each policy of insurance required by such Section when due. The Covering Party shall forward to the other Party, as such other Party may request from time to time and in any event ten (10) days prior to the renewal date for each insurance policy, signed certificates of insurance, together with true, correct and complete copies of all such insurance policies, including renewal and replacement policies, together with written evidence that the premiums therefore have been paid in full, and such evidence of insurance shall provide for 30 days prior written notice of material changes (other than to increase the coverage provided) and cancellation to the other Party. The Covering Party insurances set out in Section 11.1 and Section 11.2 shall be primary and the other Party’s insurance shall be non-contributory.

Appears in 2 contracts

Samples: Resort Management Agreement, Resort Management Agreement (Bref Hr, LLC)

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Payment of Premiums; Evidence. The Party obligated to provide insurance coverage under Section 11.1 or Section 11.2 (the “Covering Party”, as applicable to each such Section) shall pay all premiums for each policy of insurance required by such Section when due. The Covering Party shall forward to the other Party, as such other Party may request from time to time and in any event ten (10) days prior to the renewal date for each insurance policy, signed certificates of insurance, together with true, correct and complete copies of all such insurance policies, including certificates for renewal and replacement policies, together with written evidence that the premiums therefore have been paid in full, and such . Such evidence of insurance shall provide be accompanied by an endorsement providing for 30 days prior written notice of material changes (other than to increase the coverage provided) and cancellation to the other PartyParty of cancellation of the coverages described in Section 11.1(a) and Section 11.2(a). The Covering Party insurances set out in Section 11.1 and Section 11.2 shall be primary and the other Party’s insurance shall be non-contributory.

Appears in 1 contract

Samples: Resort Management Agreement (Bref Hr, LLC)

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Payment of Premiums; Evidence. The Party obligated to provide insurance coverage under Section 11.1 8.1 or Section 11.2 8.2 (the “Covering Party”, as applicable to each such Sectionsection) shall pay all premiums for each policy of insurance required by such Section section when due. The Covering Party shall forward to the other Party, as such other Party may request from time to time and in any event ten (10) days prior to the renewal date for each insurance policy, signed certificates of insurance, together with true, correct and complete copies of all such insurance policies, including renewal and replacement policies, together with written evidence that the premiums therefore have been paid in full, and such evidence of insurance shall provide for 30 days prior written notice of material changes (other than to increase the coverage provided) and cancellation to the other Party. The Covering Party insurances set out in Section 11.1 8.1 and Section 11.2 8.2 shall be primary and the other Party’s insurance shall be non-contributory.

Appears in 1 contract

Samples: Casino Lease (Bref Hr, LLC)

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