Permission. By executing this Agreement the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. Shareholder Xxxxxxx Xxxxxx Gardens Corp. By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insured. No diminution of limits of insurance will be permitted. i. Worker’s Compensation as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000. ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability. iii. Commercial General Liability coverage to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material. iv. Commercial General Liability coverage - $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit). v. Comprehensive Automobile Liability, including non-ownership and hired vehicle coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit). vi. Umbrella Liability for BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit of $3,000,000 per occurrence and a general aggregate of $3,000,000. If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty (30) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, to revoke permission to perform the work and to deny entry into the Building to all workers. Amounts of insurance required may be higher for major renovations as designated by the Board of Directors. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise.
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement the Corporation Board of Directors is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's ’s or its agent’s agents violation of the terms of this Agreement. The Cooperative Corporation also agrees to perform its obligations under this Agreement. Shareholder Xxxxxxx Xxxxxx Gardens Pride Property Management Corp. By: Agent Shareholder's ’s Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the CorporationBoard of Directors, licensed to do business in the State of New York, and all such policies shall name the Cooperative Corporation, the Shareholder and the Cooperative Corporation's ’s managing agent (the “Managing Agent”) as additional named insured. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (1) WORKER’S COMPENSATION as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate (2) COMPREHENSIVE GENERAL LIABILITY including Contractor's ’s Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover The policy will contain the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii“Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section II paragraph B(1) is to be deleted. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv, and shall not include a sunset clause without the Board of Director’s consent. Commercial General Liability coverage - $1,000,000 BODILY INJURY & PROPERTY DAMAGE DAMAGE* (combined single limit).
v. Comprehensive Automobile Liability) (3) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-ownership and hired vehicle car coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit of $3,000,000 per occurrence and a general aggregate of $3,000,000. If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty (30) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, to revoke permission to perform the work and to deny entry into the Building to all workers. Amounts of insurance required may be higher for major renovations as designated by the Board of Directors. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise.
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement Agreement, the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s agents violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. 000 XXXXXXXX XXXXXX Shareholder Xxxxxxx Xxxxxx Gardens Corp. APARTMENT CORP By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insurednamed insureds. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (i) WORKER'S COMPENSATION as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
(ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate ) COMPREHENSIVE GENERAL LIABILITY including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover The policy will contain the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii“Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section II paragraph B(1)) is to be deleted. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv, and shall not include a sunset clause without the Corporation's consent. Commercial General Liability coverage - $1,000,000 2,000,000 BODILY INJURY & PROPERTY DAMAGE DAMAGE* (combined single limit).
v. Comprehensive Automobile Liability) (iii) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-non- ownership and hired vehicle car coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for ) (iv) $3,000,000 UMBRELLA LIABILITY, BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit COMBINED1 1 Amounts of $3,000,000 per occurrence and a general aggregate insurance required may be higher for major renovations as designated by the Board of $3,000,000. Directors If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under thereunder have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty ten (3010) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, (a) to revoke permission to perform the work and to deny entry into the Building to of all workers, except that if such workers are escorted by a member of the Building's staff, they shall be permitted to remove their tools and supplies, or (b) to take out and maintain the said insurance for and in the Corporation's name, the Shareholder's name and the name of the Contractor and the Shareholder agrees to pay the cost thereof and to furnish all necessary information and consents to permit the Corporation to take out and maintain such insurance for the Corporation's account, the Shareholder's account and the account of Contractor. Amounts Compliance with the foregoing requirements to carry insurance and furnish certificates shall not relieve the Shareholder or the Contractor from liability assumed under any provisions of insurance required may be higher for major renovations as designated by the Board of Directorsthis Agreement. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” A shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise. Date: To: Mr. Xxxx Xxxxx Xxxxxxx – Xxxxx, Inc. 0 Xxxx 00xx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 RE: 000 Xxxxxxxx Xxxxxx Xxx. Number: New York, New York (the “Apartment”) Shareholder(s): (the “Shareholder”) Dear Xx. Xxxxx: This letter will confirm that the undersigned has (i) reviewed and fully understood the terms and provisions of the Alteration Agreement dated (the “Agreement”) between 000 XXXXXXXX XXXXXX APARTMENT CORP. (the “Cooperative”) and the Shareholder and (ii) agrees to abide by the terms of the Agreement, the proprietary lease between the parties and the rules and regulations of the Cooperative from time to time in effect. The undersigned further agrees that it will not make any claim against, or seek to recover from (a) the Cooperative or the Cooperative's shareholders or (b) the Cooperative’s or the Cooperative's shareholders' servants, agents, partners, guests, licensees, invitees, tenants or employees (collectively, the “Indemnified Parties”) for any damage to persons or property by the perils within the scope of the policies described in the Agreement unless the loss or damage is due to the carelessness or negligence of that Indemnified Party. The undersigned further agrees to defend, indemnify and hold harmless the Indemnified Parties and all other occupants of the building, against any and all liability, including legal costs and expenses on account of loss of life or injury to any person or damage to property, happening in or arising out of or in any way relating to the performance of the work unless such injury or loss of life or loss or damage to property is caused by the carelessness or negligence of that Indemnified Party. The undersigned hereby waives and releases any right to place a lien against any unit other than the Apartment referenced above, in the event of any payment dispute regarding work in Apartment. Sincerely, [Company Name of Contractor] New York City Contractor’s License Number By: Signature Name: Title: Date: Dear : In accordance with the Alteration Agreement between me/us and 000 Xxxxxxxx Xxxxxx Apartment Corp . (the “Corporation”) covering the alterations to be performed in my/or apartment # (the “Apartment”) , you are advised as follows:
1. Alterations will be performed in the Apartment commencing on or about
2. I/We hereby agree to indemnify you for any damage whatsoever to your apartment caused by the alterations performed in my/our Apartment. I agree to pay you the reasonable costs of repair for such damage. At your option, such repair may be performed, at my/our expense by contractors of your choosing approved by the Corporation or by my contractors.
3. In order to take advantage of the foregoing indemnification, you must permit my designated representative in your presence or in the presence of the Corporation’s Superintendent to inspect your apartment prior to the commencement of my alterations. It would also be helpful to permit my designated representative to photograph conditions in your apartment as they exist prior to the commencement of my alterations. Please call me at Shareholder Shareholder
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s agents violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. 000 XXXXXXXX XXXXXX Shareholder Xxxxxxx Xxxxxx Gardens Corp. APARTMENT CORP By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insurednamed insureds. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (i) WORKER'S COMPENSATION as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
(ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate ) COMPREHENSIVE GENERAL LIABILITY including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover The policy will contain the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii“Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section II paragraph B(1)) is to be deleted. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv, and shall not include a sunset clause without the Corporation's consent. Commercial General Liability coverage - $1,000,000 2,000,000 BODILY INJURY & PROPERTY DAMAGE DAMAGE* (combined single limit).
v. Comprehensive Automobile Liability) (iii) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-ownership and hired vehicle car coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for ) (iv) $3,000,000 UMBRELLA LIABILITY, BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit COMBINED1 1 Amounts of $3,000,000 per occurrence and a general aggregate insurance required may be higher for major renovations as designated by the Board of $3,000,000. Directors If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under thereunder have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty ten (3010) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, (a) to revoke permission to perform the work and to deny entry into the Building to of all workers, except that if such workers are escorted by a member of the Building's staff, they shall be permitted to remove their tools and supplies, or (b) to take out and maintain the said insurance for and in the Corporation's name, the Shareholder's name and the name of the Contractor and the Shareholder agrees to pay the cost thereof and to furnish all necessary information and consents to permit the Corporation to take out and maintain such insurance for the Corporation's account, the Shareholder's account and the account of Contractor. Amounts Compliance with the foregoing requirements to carry insurance and furnish certificates shall not relieve the Shareholder or the Contractor from liability assumed under any provisions of insurance required may be higher for major renovations as designated by the Board of Directorsthis Agreement. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” A shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise. Date: To: Mr. Xxxx Xxxxx Xxxxxxx – Xxxxx, Inc. 0 Xxxx 00xx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 RE: 000 Xxxxxxxx Xxxxxx Apt. Number: (the “Apartment”) New York, New York Shareholder(s): (the “Shareholder”) Dear Xx. Xxxxx: This letter will confirm that the undersigned has (i) reviewed and fully understood the terms and provisions of the Alteration Agreement dated (the “Agreement”) between 000 XXXXXXXX XXXXXX APARTMENT CORP. (the “Cooperative”) and the Shareholder and (ii) agrees to abide by the terms of the Agreement, the proprietary lease between the parties and the rules and regulations of the Cooperative from time to time in effect. The undersigned further agrees that it will not make any claim against, or seek to recover from (a) the Cooperative or the Cooperative's shareholders or (b) the Cooperative’s or the Cooperative's shareholders' servants, agents, partners, guests, licensees, invitees, tenants or employees (collectively, the “Indemnified Parties”) for any damage to persons or property by the perils within the scope of the policies described in the Agreement unless the loss or damage is due to the carelessness or negligence of that Indemnified Party. The undersigned further agrees to defend, indemnify and hold harmless the Indemnified Parties and all other occupants of the building, against any and all liability, including legal costs and expenses on account of loss of life or injury to any person or damage to property, happening in or arising out of or in any way relating to the performance of the work unless such injury or loss of life or loss or damage to property is caused by the carelessness or negligence of that Indemnified Party. The undersigned hereby waives and releases any right to place a lien against any unit other than the Apartment referenced above, in the event of any payment dispute regarding work in Apartment. Sincerely, [Company Name of Contractor] New York City Contractor’s License By: Signature Name: Title: Date: Dear : In accordance with the Alteration Agreement between me/us and 000 Xxxxxxxx Xxxxxx Apartment Corp . (the “Corporation”) covering the alterations to be performed in my/or apartment # (the “Apartment”) , you are advised as follows:
1. Alterations will be performed in the Apartment commencing on or about . The Alteration Agreement with the Corporation permits me calendar days to permit the alteration, subject to amendment at the sole discretion of the Corporation.
2. I/We hereby agree to indemnify you for any damage whatsoever to your apartment caused by the alterations performed in my/our Apartment. I agree to pay you the reasonable costs of repair for such damage. At your option, such repair may be performed, at my/our expense by contractors of your choosing approved by the Corporation or by my contractors.
3. In order to take advantage of the foregoing indemnification, you must permit my designated representative in your presence or in the presence of the Corporation’s Superintendent to inspect your apartment prior to the commencement of my alterations. It would also be helpful to permit my designated representative to photograph conditions in your apartment as they exist prior to the commencement of my alterations. Please call me at or email me at to arrange the inspection. You must also permit my designated representative to inspect any damage you may claim my alterations may have caused. Shareholder Shareholder
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. Shareholder Xxxxxxx Permission Granted By: 000 Xxxx 00xx Xxxxxx Gardens Corp. Corporation By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insured. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii. Commercial General Liability coverage to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv. Commercial General Liability coverage - $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
v. Comprehensive Automobile Liability, including non-ownership and hired vehicle coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit of $3,000,000 per occurrence and a general aggregate of $3,000,000. If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty (30) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, to revoke permission to perform the work and to deny entry into the Building to all workers. Amounts of insurance required may be higher for major renovations as designated by the Board of Directors. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise.
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement Agreement, the Corporation is granting permission to the Shareholder to perform the Work Alterations pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's ’s or its agent’s violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. Shareholder Xxxxxxx Xxxxxx Gardens Corp. 000 XXXXX XXXXXXXX XXXXXX HDFC By: Agent Name: Title: Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder Managing Agent, and the Corporation's managing agent (the “Managing Agent”) Shareholder as additional named insured’s. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (i) PROPERTY INSURANCE – all material equipment and tools (owned, borrowed or leased) of the Contractor or its employees must be covered for 100% of the full replacement value thereof. The insurance policy will be written under a standard Special Causes of Loss (All Risk) perils insurance policy. The Contractor agrees to waive any and all rights of subrogation against Insured for loss or damage to any property required to be covered under this provision. Failure of the Contractor to secure and maintain adequate coverage shall not obligate the Corporation, its Managing Agent, directors, agents or employees for any losses.
(ii) WORKER’S COMPENSATION as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate (iii) COMPREHENSIVE GENERAL LIABILITY including Contractor's ’s Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with basis. It shall provide a $1,000,000 combined single limit for Personal Injury Coverage, which shall include Coverage (including mental anguish as well as standard conditions, ) and Broad Form Property Damage, (without any exclusion relating to Explosion, Collapse and Underground Property Damage) and all standard policy form extensions.* The policy will contain the “Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section II paragraph B (1)) is to be deleted. Insurance shall also cover the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work Alterations and Contractual Indemnity Coverage is also to extend for one year following termination of the WorkAlterations. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves Alterations involve any asbestos-containing materialmaterial and shall not include a sunset clause without the Corporation’s consent. The policy must provide a $2,000,000 general aggregate (per project) and be written on an “occurrence form.”* The policy shall be endorsed to include Insured as an additional insured. The coverage of an additional insured shall apply on a primary basis irrespective of any other insurance, whether collectable or not.
(iv. Commercial General Liability coverage - $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
v. Comprehensive Automobile Liability) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-ownership and hired vehicle car coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).. *
vi. Umbrella Liability for (v) $3,000,000 UMBRELLA LIABILITY, BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit of $3,000,000 per occurrence and a general aggregate of $3,000,000. COMBINED.∗ If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty (30) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, to revoke permission to perform the work and to deny entry into the Building to all workers. Amounts of insurance required may be higher for major renovations as designated by the Board of Directors. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise.
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement Agreement, the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. 000 XXXXXXXX XXXXXX Shareholder Xxxxxxx Xxxxxx Gardens Corp. APARTMENT CORP By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insurednamed insureds. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (i) WORKER'S COMPENSATION as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
(ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate ) COMPREHENSIVE GENERAL LIABILITY including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover The policy will contain the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii“Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section II paragraph B(1)) is to be deleted. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv, and shall not include a sunset clause without the Corporation's consent. Commercial General Liability coverage - $1,000,000 2,000,000 BODILY INJURY & PROPERTY DAMAGE DAMAGE* (combined single limit).
v. Comprehensive Automobile Liability) (iii) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-non- ownership and hired vehicle car coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for ) (iv) $3,000,000 UMBRELLA LIABILITY, BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit Amounts of $3,000,000 per occurrence and a general aggregate insurance required may be higher for major renovations as designated by the Board of $3,000,000Directors. If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under thereunder have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty ten (3010) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, (a) to revoke permission to perform the work and to deny entry into the Building to of all workers, except that if such workers are escorted by a member of the Building's staff, they shall be permitted to remove their tools and supplies, or (b) to take out and maintain the said insurance for and in the Corporation's name, the Shareholder's name and the name of the Contractor and the Shareholder agrees to pay the cost thereof and to furnish all necessary information and consents to permit the Corporation to take out and maintain such insurance for the Corporation's account, the Shareholder's account and the account of Contractor. Amounts Compliance with the foregoing requirements to carry insurance and furnish certificates shall not relieve the Shareholder or the Contractor from liability assumed under any provisions of insurance required may be higher for major renovations as designated by the Board of Directorsthis Agreement. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” A shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise. Date: To: Mr. Xxxx Xxxxx Xxxxxxx – Xxxxx, Inc. 0 Xxxx 00xx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 RE: 000 Xxxxxxxx Xxxxxx Xxx. Number: New York, New York (the “Apartment”) Shareholder(s): (the “Shareholder”) Dear Xx. Xxxxx: This letter will confirm that the undersigned has (i) reviewed and fully understood the terms and provisions of the Alteration Agreement dated (the “Agreement”) between 000 XXXXXXXX XXXXXX APARTMENT CORP. (the “Cooperative”) and the Shareholder and (ii) agrees to abide by the terms of the Agreement, the proprietary lease between the parties and the rules and regulations of the Cooperative from time to time in effect. The undersigned further agrees that it will not make any claim against, or seek to recover from (a) the Cooperative or the Cooperative's shareholders or (b) the Cooperative’s or the Cooperative's shareholders' servants, agents, partners, guests, licensees, invitees, tenants or employees (collectively, the “Indemnified Parties”) for any damage to persons or property by the perils within the scope of the policies described in the Agreement unless the loss or damage is due to the carelessness or negligence of that Indemnified Party. The undersigned further agrees to defend, indemnify and hold harmless the Indemnified Parties and all other occupants of the building, against any and all liability, including legal costs and expenses on account of loss of life or injury to any person or damage to property, happening in or arising out of or in any way relating to the performance of the work unless such injury or loss of life or loss or damage to property is caused by the carelessness or negligence of that Indemnified Party. The undersigned hereby waives and releases any right to place a lien against any unit other than the Apartment referenced above, in the event of any payment dispute regarding work in Apartment. Sincerely, [Company Name of Contractor] New York City Contractor’s License Number By: Signature Name: Title: Date: Dear : In accordance with the Alteration Agreement between me/us and 000 Xxxxxxxx Xxxxxx Apartment Corp. (the “Corporation”) covering the alterations to be performed in my/or apartment # (the “Apartment”) , you are advised as follows:
1. Alterations will be performed in the Apartment commencing on or about
2. I/We hereby agree to indemnify you for any damage whatsoever to your apartment caused by the alterations performed in my/our Apartment. I agree to pay you the reasonable costs of repair for such damage. At your option, such repair may be performed, at my/our expense by contractors of your choosing approved by the Corporation or by my contractors.
3. In order to take advantage of the foregoing indemnification, you must permit my designated representative in your presence or in the presence of the Corporation’s Superintendent to inspect your apartment prior to the commencement of my alterations. It would also be helpful to permit my designated representative to photograph conditions in your apartment as they exist prior to the commencement of my alterations. Please call me at
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s agents violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. 000 XXXXXXXX XXXXXX Shareholder Xxxxxxx Xxxxxx Gardens Corp. APARTMENT CORP By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insurednamed insureds. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (i) WORKER'S COMPENSATION as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
(ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate ) COMPREHENSIVE GENERAL LIABILITY including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover The policy will contain the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii“Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section II paragraph B(1)) is to be deleted. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv, and shall not include a sunset clause without the Corporation's consent. Commercial General Liability coverage - $1,000,000 2,000,000 BODILY INJURY & PROPERTY DAMAGE DAMAGE* (combined single limit).
v. Comprehensive Automobile Liability) (iii) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-ownership and hired vehicle car coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for ) (iv) $3,000,000 UMBRELLA LIABILITY, BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit COMBINED1 1 Amounts of $3,000,000 per occurrence and a general aggregate insurance required may be higher for major renovations as designated by the Board of $3,000,000. Directors If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under thereunder have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty ten (3010) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, (a) to revoke permission to perform the work and to deny entry into the Building to of all workers, except that if such workers are escorted by a member of the Building's staff, they shall be permitted to remove their tools and supplies, or (b) to take out and maintain the said insurance for and in the Corporation's name, the Shareholder's name and the name of the Contractor and the Shareholder agrees to pay the cost thereof and to furnish all necessary information and consents to permit the Corporation to take out and maintain such insurance for the Corporation's account, the Shareholder's account and the account of Contractor. Amounts Compliance with the foregoing requirements to carry insurance and furnish certificates shall not relieve the Shareholder or the Contractor from liability assumed under any provisions of insurance required may be higher for major renovations as designated by the Board of Directorsthis Agreement. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” A shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise. Date: To: Mr. Xxxx Xxxxx Xxxxxxx – Xxxxx, Inc. 0 Xxxx 00xx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 RE: 000 Xxxxxxxx Xxxxxx Apt. Number: (the “Apartment”) New York, New York Shareholder(s): (the “Shareholder”) Dear Xx. Xxxxx: This letter will confirm that the undersigned has (i) reviewed and fully understood the terms and provisions of the Alteration Agreement dated (the “Agreement”) between 000 XXXXXXXX XXXXXX APARTMENT CORP. (the “Cooperative”) and the Shareholder and (ii) agrees to abide by the terms of the Agreement, the proprietary lease between the parties and the rules and regulations of the Cooperative from time to time in effect. The undersigned further agrees that it will not make any claim against, or seek to recover from (a) the Cooperative or the Cooperative's shareholders or (b) the Cooperative’s or the Cooperative's shareholders' servants, agents, partners, guests, licensees, invitees, tenants or employees (collectively, the “Indemnified Parties”) for any damage to persons or property by the perils within the scope of the policies described in the Agreement unless the loss or damage is due to the carelessness or negligence of that Indemnified Party. The undersigned further agrees to defend, indemnify and hold harmless the Indemnified Parties and all other occupants of the building, against any and all liability, including legal costs and expenses on account of loss of life or injury to any person or damage to property, happening in or arising out of or in any way relating to the performance of the work unless such injury or loss of life or loss or damage to property is caused by the carelessness or negligence of that Indemnified Party. The undersigned hereby waives and releases any right to place a lien against any unit other than the Apartment referenced above, in the event of any payment dispute regarding work in Apartment. Sincerely, [Company Name of Contractor] New York City Contractor’s License Number By: Signature Name: Title: Date: Dear : In accordance with the Alteration Agreement between me/us and 000 Xxxxxxxx Xxxxxx Apartment Corp . (the “Corporation”) covering the alterations to be performed in my/or apartment # (the “Apartment”) , you are advised as follows:
1. Alterations will be performed in the Apartment commencing on or about . The Alteration Agreement with the Corporation permits me calendar days to permit the alteration, subject to amendment at the sole discretion of the Corporation.
2. I/We hereby agree to indemnify you for any damage whatsoever to your apartment caused by the alterations performed in my/our Apartment. I agree to pay you the reasonable costs of repair for such damage. At your option, such repair may be performed, at my/our expense by contractors of your choosing approved by the Corporation or by my contractors.
3. In order to take advantage of the foregoing indemnification, you must permit my designated representative in your presence or in the presence of the Corporation’s Superintendent to inspect your apartment prior to the commencement of my alterations. It would also be helpful to permit my designated representative to photograph conditions in your apartment as they exist prior to the commencement of my alterations. Please call me at or email me at to arrange the inspection. You must also permit my designated representative to inspect any damage you may claim my alterations may have caused. Shareholder Shareholder
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s agents violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. Shareholder Xxxxxxx 00 Xxxx 00xx Xxxxxx Gardens Owners Corp. By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insured. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii. Commercial General Liability coverage to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv. Commercial General Liability coverage - $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
v. Comprehensive Automobile Liability, including non-ownership and hired vehicle coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit of $3,000,000 per occurrence and a general aggregate of $3,000,000. If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty (30) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, to revoke permission to perform the work and to deny entry into the Building to all workers. Amounts of insurance required may be higher for major renovations as designated by the Board of Directors. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise.
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement Agreement, the Corporation is granting permission to the Shareholder to perform the Work pursuant to the Plans and this Agreement. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's or its agent’s agents violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreement. 000 XXXXXXXX XXXXXX Shareholder Xxxxxxx Xxxxxx Gardens Corp. APARTMENT CORP By: Agent Shareholder's Contractor shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's managing agent (the “Managing Agent”) as additional insurednamed insureds. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (i) WORKER'S COMPENSATION as required by all applicable Federal, State, or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
(ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate ) COMPREHENSIVE GENERAL LIABILITY including Contractor's Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover The policy will contain the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii“Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section II paragraph B(1)) is to be deleted. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv, and shall not include a sunset clause without the Corporation's consent. Commercial General Liability coverage - $1,000,000 2,000,000 BODILY INJURY & PROPERTY DAMAGE DAMAGE* (combined single limit).
v. Comprehensive Automobile Liability) (iii) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-non- ownership and hired vehicle car coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for ) (iv) $3,000,000 UMBRELLA LIABILITY, BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit COMBINED1 1 Amounts of $3,000,000 per occurrence and a general aggregate insurance required may be higher for major renovations as designated by the Board of $3,000,000. Directors If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under thereunder have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty ten (3010) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, (a) to revoke permission to perform the work and to deny entry into the Building to of all workers, except that if such workers are escorted by a member of the Building's staff, they shall be permitted to remove their tools and supplies, or (b) to take out and maintain the said insurance for and in the Corporation's name, the Shareholder's name and the name of the Contractor and the Shareholder agrees to pay the cost thereof and to furnish all necessary information and consents to permit the Corporation to take out and maintain such insurance for the Corporation's account, the Shareholder's account and the account of Contractor. Amounts Compliance with the foregoing requirements to carry insurance and furnish certificates shall not relieve the Shareholder or the Contractor from liability assumed under any provisions of insurance required may be higher for major renovations as designated by the Board of Directorsthis Agreement. The Contractor's insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” A shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise. Date: To: Mr. Xxxx Xxxxx Xxxxxxx – Xxxxx, Inc. 0 Xxxx 00xx Xxxxxx, 0xx Xxxxx Xxx Xxxx, XX 00000 RE: 000 Xxxxxxxx Xxxxxx Xxx. Number: New York, New York (the “Apartment”) Shareholder(s): (the “Shareholder”) Dear Xx. Xxxxx: This letter will confirm that the undersigned has (i) reviewed and fully understood the terms and provisions of the Alteration Agreement dated (the “Agreement”) between 000 XXXXXXXX XXXXXX APARTMENT CORP. (the “Cooperative”) and the Shareholder and (ii) agrees to abide by the terms of the Agreement, the proprietary lease between the parties and the rules and regulations of the Cooperative from time to time in effect. The undersigned further agrees that it will not make any claim against, or seek to recover from (a) the Cooperative or the Cooperative's shareholders or (b) the Cooperative’s or the Cooperative's shareholders' servants, agents, partners, guests, licensees, invitees, tenants or employees (collectively, the “Indemnified Parties”) for any damage to persons or property by the perils within the scope of the policies described in the Agreement unless the loss or damage is due to the carelessness or negligence of that Indemnified Party. The undersigned further agrees to defend, indemnify and hold harmless the Indemnified Parties and all other occupants of the building, against any and all liability, including legal costs and expenses on account of loss of life or injury to any person or damage to property, happening in or arising out of or in any way relating to the performance of the work unless such injury or loss of life or loss or damage to property is caused by the carelessness or negligence of that Indemnified Party. The undersigned hereby waives and releases any right to place a lien against any unit other than the Apartment referenced above, in the event of any payment dispute regarding work in Apartment. Sincerely, [Company Name of Contractor] New York City Contractor’s License Number By: Signature Name: Title: Date: Dear : In accordance with the Alteration Agreement between me/us and 000 Xxxxxxxx Xxxxxx Apartment Corp . (the “Corporation”) covering the alterations to be performed in my/or apartment # (the “Apartment”) , you are advised as follows:
1. Alterations will be performed in the Apartment commencing on or about
2. I/We hereby agree to indemnify you for any damage whatsoever to your apartment caused by the alterations performed in my/our Apartment. I agree to pay you the reasonable costs of repair for such damage. At your option, such repair may be performed, at my/our expense by contractors of your choosing approved by the Corporation or by my contractors.
3. In order to take advantage of the foregoing indemnification, you must permit my designated representative in your presence or in the presence of the Corporation’s Superintendent to inspect your apartment prior to the commencement of my alterations. It would also be helpful to permit my designated representative to photograph conditions in your apartment as they exist prior to the commencement of my alterations. Please call me at or email me at to arrange the inspection. You must also permit my designated representative to inspect any damage you may claim my alterations may have caused. Shareholder Shareholder
Appears in 1 contract
Samples: Alteration Agreement
Permission. By executing this Agreement the Corporation is granting permission to the Shareholder to perform the Work pursuant to this Agreement and the Plans and this Agreementapproved Plans, a copy of which are annexed hereto. This permission can be revoked at any time on written notice to the Shareholder as a result of Shareholder's ’s or its agent’s violation of the terms of this Agreement. The Corporation also agrees to perform its obligations under this Agreementagreement. Shareholder Xxxxxxx Xxxxxx Gardens Corp. XXXXXX APARTMENT CORP. By: Agent , President Shareholder's ’s Contractor and all subcontractors, if any, shall provide insurance of the types and in not less than the limits set forth below with a company or companies satisfactory to the Corporation, licensed to do business in the State of New York, and all such policies shall name the Corporation, the Shareholder and the Corporation's ’s managing agent (the “Managing Agent”) as additional insurednamed insureds. No diminution of limits of insurance will be permitted.
i. Worker’s Compensation (i) WORKER’S COMPENSATION as required by all applicable Federal, State, . or other laws including Employers Liability in accordance with the statutory requirements of the State of New York, together with Disability Benefits Insurance required by the State of New York. This coverage to be a minimum of $5,000,000. Employer’s liability coverage to be not less than $500,000.
(ii. Commercial General Liability coverage of $1,000,000 per occurrence and $2,000,000 in the aggregate ) COMPREHENSIVE GENERAL LIABILITY including Contractor's ’s Liability and Blanket Contractual Liability (oral or written), all on an occurrence basis with Personal Injury Coverage, which shall include mental anguish as well as standard conditions, and Broad Form Property Damage, without any exclusion relating to Explosion, Collapse and Underground Property Damage. Insurance shall also cover The policy will contain the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability.
iii“Broad Form Comprehensive General Liability” endorsement in Paragraph 1 in such form; the exclusion pertaining to liability assumed by the Contractor under any contract or agreement (Section 11 paragraph B(1) is to be deleted. Commercial General Liability coverage The Completed Operations Coverage is to extend for a period of one year following termination of the Work and Contractual Indemnity Coverage is also to extend for one year following termination of the Work. The policy is also to include (a) Owners Protective Liability Coverage, (b) Knowledge of Occurrence and Notice of Occurrence endorsements and (c) Unintentional Errors and Omissions clause. The policy shall also include coverage with respect to asbestos exposure if the Work involves any asbestos-containing material.
iv, and shall not include a sunset clause without the Corporation’s consent. Commercial General Liability coverage - $1,000,000 BODILY INJURY & PROPERTY DAMAGE* (combined single limit) (iii) COMPREHENSIVE AUTOMOBILE LIABILITY, including non-owner-ship and hired car coverage, as well as owned vehicles. $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
v. Comprehensive Automobile Liability) (iv) $3,000,000 UMBRELLA LIABILITY, including non-ownership and hired vehicle coverage, as well as owned vehicles: $1,000,000 BODILY INJURY & PROPERTY DAMAGE (combined single limit).
vi. Umbrella Liability for BODILY INJURY, PERSONAL INJURY AND PROPERTY DAMAGE COMBINED. It will have a limit of $3,000,000 per occurrence and a general aggregate of $3,000,000. If umbrellas are written in more than one company any layers above the first one shall follow the form of the primary umbrella. Amounts of insurance may be higher for major renovations as designated by the Board of Directors. Prior to the commencement of any work hereunder, detailed certificates of insurance shall be furnished to the Corporation showing that such insurance is in full force and the premiums due there under thereunder have been paid. Such certificates shall provide that the said insurance may not be canceled, terminated or modified without thirty ten (3010) days written advance notice thereof to the Corporation. The Contractor shall promptly furnish the Corporation with copies of any endorsements subsequently issued amending insurance coverage or limits. In the event of the failure of the Contractor to furnish and maintain such insurance, the Corporation shall have the right, at its option, at any time, to revoke permission to perform the work and to deny entry into the Building to of all workers, except that if such workers are escorted by a member of the Building’s staff, they shall be permitted to remove their tools and supplies. Amounts Compliance with the foregoing requirements to carry insurance and furnish certificates shall not relieve the Shareholder or the Contractor from liability assumed under any provisions of insurance required may be higher for major renovations as designated by the Board of Directorsthis Agreement. The Contractor's ’s insurance policy shall also contain in substance the following endorsement: “This insurance shall not be invalidated should the insured waive, in writing, prior to a loss, any or all right of recovery against any party for the loss occurring to the property described herein.” Nothing in this Exhibit “A” A shall constitute a waiver of or limitation of any other rights or remedies the Corporation may have for consequential damages or otherwise.
Appears in 1 contract
Samples: Alteration Agreement
