Policies Required. At all times during the term of this Agreement, Licensee shall keep in force and effect all insurance policies as described below:
Policies Required. At its expense, Lessee shall secure and maintain with financially reputable insurers, one or more policies of insurance insuring the Leased Equipment and Lessee's utilization of the ITFS Channels against casualty and other losses of the kinds customarily insured against by firms of established reputations engaged in the same or similar line of business, or such types and in such amounts as are customarily carried under similar circumstances by such firms, including, without limitation: (i) "All Risk" property insurance covering the ITFS Equipment and the common Equipment to the extent of one hundred percent (100%) of its full replacement value without deduction for depreciation: (ii) comprehensive general public liability insurance covering liability resulting from lessee's operation of the ITFS equipment on an occurrence basis having minimum limits of liability in an amount of not less than One Million Dollars ($1,000,000.00) for bodily injury, personal injury or death to any person or persons in any one occurrence, and not less than Two Million Dollars ($2,000,000.00) in the aggregate for all such losses during each policy year, and not less than Three Hundred Thousand Dollars ($300,000.00) with respect to damage to property; (ii) all workers compensation, automobile liability and similar insurance required by law.
Policies Required. Prior to the commencement of any work, and at all times during the term of this Agreement, Licensee shall obtain and maintain continuously, at its own expense a policy, or policies of insurance with insurance companies rated A- VII or better by A.M. Best, as enumerated below. Any significant deductible, self-insured retention or coverage via captive must be disclosed and is subject to approval by District’s Risk Manager. The cost of any claim payments falling within the deductible or self-insured retention shall be the responsibility of the Licensee and not recoverable under any part of this Agreement.
Policies Required. Lessee shall, at its own cost, maintain with sound and financially reputable insurers, insurance with respect to the Modified Station and Lessee's utilization of the Modified Station against casualty and other losses of the kinds customarily insured against by firms of established reputations engaged in the same or a similar line of business, of such types and in such amounts as are customarily carried under similar circumstances by such firms, including, without limitation:
Policies Required. While any Obligation of Borrower or Guarantor under any Loan Document remains outstanding, Borrower shall procure and maintain or shall cause to be procured and maintained continuously in effect policies of insurance as set forth on Exhibit C in form and amounts and issued by companies, associations or organizations licensed to do business in the state the Property is located, satisfactory to Lender covering such casualties, risks, perils, liabilities and other hazards required by Lender. All original policies, or certificates thereof, and endorsements and renewals thereof shall be delivered to and retained by Lender unless Lender waives this requirement in writing. All policies shall expressly protect or recognize Lender’s interest as required by Lender. Without limiting the generality of the foregoing, Borrower shall provide or cause to be provided the following types of insurance coverage: (a) (i) property insurance on a replacement cost basis as set forth on Exhibit C, including flood, hurricane and sinkhole coverages in an amount equal to the replacement cost of the Improvements and rent loss, and (ii) Comprehensive General Liability Insurance as set forth on Exhibit C; and (b) such additional insurance as may be reasonably required by Lender from time to time in the event that the Property is exposed to hazards and risks with respect to which Lender deems the existing insurance inadequate to properly protect its interests. Borrower shall furnish Lender with a certified copy of an original or a certificate of insurance of all policies of insurance required. All policies or certificates, as the case may be, of insurance shall set forth the coverage, the limits of liability, the name of the carrier, the policy number, the Best’s Rating of the carrier and the period of coverage. In addition, all policies of insurance required under the terms hereof shall contain an endorsement or agreement by the insurer that any loss shall be payable in accordance with the terms of such policy notwithstanding any act or negligence of Borrower or any party holding under Borrower which might otherwise result in a forfeiture of said insurance and the further agreement of the insurer waiving all rights of setoff, counterclaim or deductions against Borrower. At least fifteen (15) days prior to the expiration of each required policy, Borrower shall deliver to Lender evidence of the renewal or replacement of such policy, continuing such insurance in the form as required by thi...
Policies Required. At all times during the term of this Agreement, Licensee shall keep in force and effect all insurance policies as described below and shall name Electric Utility as an additional insured on all such policies, except workers compensation:
Policies Required. Each Loan Party shall, at its own expense, keep each Collateral Vessel insured with insurers and protection and indemnity clubs or associations of internationally recognized responsibility, and placed in such markets, on such terms and conditions, and through brokers, in each case reasonably satisfactory to the Collateral Agent (it being understood that Xxxxx and Xxxxxx are satisfactory) and under forms of policies approved by the Collateral Agent against the risks indicated below:
Policies Required. At all times during the term of this Agreement, Attaching Utility shall keep in force and affect all insurance policies as described below:
Policies Required. The Provider will maintain the policies below (this is not an exhaustive list). These policies will be subject to review by the Council to ensure that they are to a high standard. Every policy will be reviewed every 3 years or sooner if legislation/guidance changes and necessitates a review. Safeguarding Children Safe recruitment Child Sexual Exploitation (CSE) Equality and Diversity Staff Supervision Anti-radicalisation Health and Safety Complaints Staff conduct Whistleblowing Business Continuity Plan The Provider shall recruit/provide suitable and appropriately competent and qualified staff as set out in this specification, in the provision of the services. Workforce design shall reflect the competencies required to deliver all aspects of the services. The Provider’s staff shall be fully conversant with all relevant guidelines laid down by their organisation and professionals bodies, and take into consideration their own professional accountability. The Provider will have clear policies in place for: Supervision, including safeguarding Staff appraisal Individual professional development plans Education and training Supervision will be informed by best practice and will consider the following: Staff emotional wellbeing Work load Practical issues and standards Reflective practice Service standards The Provider will need to have a workforce development programme in place to ensure continual professional development of all Staff. If there are risks to service delivery and quality due to short or long term staff absences, the Provider will make prompt arrangements for temporary staff cover, with the same skills and qualifications of permanent staff. The Provider will have a mix of volunteers and paid staff. All of the Provider’s staff will work to the following quality standards: xxxxx://XXXXXXXxxxxxxxxxxxxxxxxxxx.xxx.xx/information-advice-and-support-services-network The Provider will ensure staff receive an induction prior to commencing duties without supervision from more experienced staff. Staff inductions will include: An introduction to the organisation and its ethos Detail of organisation policies - these should be explained and not simply left with the member of staff to read Safeguarding Procedures and forms Health and Safety (basic guidance prior to formal training) Lone working procedures Key contact details for other staff / other agencies and services / out of hours safeguarding contacts Dealing with violence and aggression The Provider will ensu...
Policies Required. While any obligation of Borrower or Guarantor under any Loan Document remains outstanding, Borrower shall maintain at Borrower’s sole expense, with insurers reasonably approved by Bondowner Representative, the policies of insurance, in form and substance reasonably satisfactory to Bondowner Representative, identified in Exhibit “C” attached hereto. In addition to the foregoing, Borrower shall also maintain at its sole expense with insurers approved by Bondowner Representative all other insurance reasonably required by Bondowner Representative from time to time for commercial construction loans made for residential rental properties. All such insurance shall meet all of the requirements set forth in Exhibit “C” and shall provide that it may not be cancelled or materially modified without thirty (30) days’ prior written notice to Bondowner Representative. No such insurance shall include deductible amounts to which Bondowner Representative has not previously consented in writing. Certificates of insurance for the required policies (and/or original policies, if required by Bondowner Representative) shall be delivered to Bondowner Representative annually and otherwise from time to time within ten (10) days after demand therefor. All policies insuring against damage to the Project shall contain an agreed value clause sufficient to eliminate any risk of co-insurance. No less than thirty (30) days prior to the expiration of each policy, Borrower shall deliver to Bondowner Representative evidence of renewal or replacement of such policy reasonably satisfactory to Bondowner Representative. Without limiting the generality of the language of this Section 11.1, the specific insurance requirements of Bondowner Representative are set forth in Exhibit “C” attached hereto. In the event of any inconsistency between the requirements set forth herein and the insurance requirements set forth in Exhibit C attached hereto, the requirements set forth in Exhibit “C” shall control to the extent of such inconsistency.
