Common use of Periodic Right to Review/Update Insurance Requirements Clause in Contracts

Periodic Right to Review/Update Insurance Requirements. The Department and Licensee agree that the insurance policy limits specified on the attached Contract requirement page may be reviewed for adequacy annually throughout the term of this Agreement by the Risk Manager, who may thereafter require Licensee to adjust the amounts and types of insurance coverage however the Risk Manager deems to be adequate and necessary. City reserves the right to have submitted to it, upon request, all pertinent information about the agent and carrier providing such insurance, including applicable license and ratings.

Periodic Right to Review/Update Insurance Requirements. The Department LADWP and Licensee Consultant agree that the insurance policy limits specified on the attached Contract requirement Insurance Requirements page may be reviewed for adequacy annually throughout the term of this Agreement by the Risk Manager/City Attorney, who may thereafter require Licensee Consultant to adjust the amounts and types of insurance coverage however the Risk Manager Manager/City Attorney deems to be adequate and necessary. City The LADWP reserves the right to have submitted to it, upon request, all pertinent information about the agent and carrier providing such insurance, including applicable license and ratings.

Periodic Right to Review/Update Insurance Requirements. The Department LADWP and Licensee Seller agree that the insurance policy limits specified on the attached Contract requirement Insurance Requirements page may be reviewed for adequacy annually throughout the term of this Agreement by the Risk Manager/City Attorney, who may thereafter require Licensee Seller to adjust the amounts and types of insurance coverage however the Risk Manager Manager/City Attorney deems to be adequate and necessary. The City of Los Angeles reserves the right to have submitted to it, upon request, all pertinent information about the agent and carrier providing such insurance, including applicable license and ratings.

Periodic Right to Review/Update Insurance Requirements. The Department LADWP and Licensee Seller agree that the insurance policy limits specified on the attached Contract requirement Insurance Requirements page may be reviewed for adequacy annually throughout the term of this ofthis Agreement by the Risk Manager/City Attorney, who may thereafter require Licensee Seller to adjust the amounts and types of insurance coverage however the Risk Manager Manager/City Attorney deems to be adequate and necessary. The City of Los Angeles reserves the right to have submitted to it, upon request, all pertinent information about the agent and carrier providing such insurance, including applicable license and ratings.

Periodic Right to Review/Update Insurance Requirements. The Department LADWP and Licensee agree that the insurance policy limits specified on the attached Contract requirement Insurance Requirements page may be reviewed for adequacy annually throughout the term of this License Agreement by the Risk Manager, LADWP File No.: W-77492 who may thereafter require Licensee to adjust the amounts and types of insurance coverage however the Risk Manager deems to be adequate and necessary. City reserves the right to have submitted to it, upon request, all pertinent information about the agent and carrier providing such insurance, including applicable license and ratings.