Common use of Policy Provisions Clause in Contracts

Policy Provisions. Each of the insurance coverages required below (i) shall be issued by a company licensed by the Insurance Commissioner to transact the business of insurance in the State of Georgia for the applicable line of insurance, and (ii) shall be an insurer (or, for qualified self-insureds or group self-insureds, a specific excess insurer providing statutory limits) with a Best Policyholders Rating of "A-" or better and with a financial size rating of Class V or larger. Each such policy shall contain the following provisions: (a) The insurance company agrees that the policy shall not be canceled, changed, allowed to lapse, or allowed to expire until thirty (30) days after the Landlord has received written notice thereof as evidenced by return receipt of registered letter or until such time as other insurance coverage providing protection equal to protection called for in this contract shall have been received, accepted, and acknowledged by the Landlord. (b) The policy shall not be subject to invalidation as to any insured by reason of any act or omission of another insured or any of its officers, employees, agents or other representatives (“Separation of Insureds”). (c) Each Insurer is hereby notified that the statutory requirement that the Attorney General of Georgia shall represent and defend the Indemnitees remains in full force and effect and is not waived by any policy of insurance. The Attorney General of Georgia shall represent and defend the Indemnitees. In the event of litigation, any settlement on behalf of the Indemnitees must be expressly approved by the Attorney General. The Tenant and its insurance carrier may retain, but are not obligated to retain, counsel to assist with the defense of the Indemnitees, in which case there will be mutual cooperation between the Attorney General and such counsel. (d) Self-insured retention, except for qualified self-insurers or group self-insurers, in any policy shall not exceed $10,000.00.

Policy Provisions. Each of the insurance coverages required below (i) shall be issued by a company licensed by the Insurance Commissioner to transact the business of insurance in the State of Georgia for the applicable line of insurance, and (ii) shall be an insurer (or, for qualified self-insureds or group self-insureds, a specific excess insurer providing statutory limits) with a Best Policyholders Rating of "A-" or better and with a financial size rating of Class V VIII or larger. Each such policy shall contain the following provisions: (a) The insurance company agrees that the policy shall not be canceled, changed, allowed to lapse, or allowed to expire until thirty forty-five (3045) days after the Landlord Lessor has received written notice thereof as evidenced by return receipt of registered letter or until such time as other insurance coverage providing protection equal to protection called for in this contract Lease shall have been received, accepted, and acknowledged by the LandlordLessor. Such notice shall be valid only as to the Premises and the address of the Premises shall be required in said notice. (b) The policy shall not be subject to invalidation as to any insured by reason of any act or omission of another insured or any of its officers, employees, agents or other representatives (“Separation of Insureds”). (c) Each Insurer insurer is hereby notified that of the statutory requirement requirements that the Attorney General of Georgia the State shall represent and defend the Indemnitees remains in full force and effect and is not waived but will, without limiting the authority of the Attorney General, consider attorneys recommended by any policy of insurance. The the insurance company for appointment as Special Assistant Attorney General of Georgia shall to represent and defend the Indemnitees. The insurance company may, at the option of the Attorney General, have the right to participate in the defense of the Indemnitees. In the event of litigation, any settlement on behalf of the Indemnitees must be expressly approved by the Attorney General. The Tenant and its insurance carrier may retain, but are not obligated to retain, counsel to assist with the defense of the Indemnitees, in which case there will be mutual cooperation between the Attorney General and such counsel. (d) Self-insured retention, except for qualified self-insurers or group self-insurers, retention in any policy for “All Risk” shall not exceed $10,000.0010,000.00 except for Catastrophic Perils including Flood, Earthquake and Windstorm which shall not exceed $50,000.00.

Policy Provisions. Each of the insurance coverages required below (i) shall be issued by a company licensed by the Insurance Commissioner to transact the business of insurance in the State of Georgia for the applicable line of insurance, and (ii) shall be an insurer (or, for qualified self-self insureds or group self-self insureds, a specific excess insurer providing statutory limits) with a Best Policyholders Rating of "“A-" ” or better and with a financial size rating of Class V or larger. Each such policy shall contain the following provisions: (a) The insurance company agrees that the policy shall not be canceled, changed, allowed to lapse, lapse or allowed to expire until thirty forty-five (3045) days after the Landlord Owner has received written notice thereof as evidenced by return receipt of registered letter or until such time as other insurance coverage providing protection equal to protection called for in this contract shall have been received, accepted, accepted and acknowledged by the LandlordOwner. Such notice shall be valid only as to Contract as shall have been designated by Contract Number and Name in said notice. (b) The policy shall not be subject to invalidation as to any insured by reason of any act or omission of another insured or any of its officers, employees, agents or other representatives (“Separation of Insureds”). (c) Each Insurer is hereby notified that the statutory requirement that the Attorney General of Georgia shall represent and defend the Indemnitees Indemnities remains in full force and effect and is not waived by issuance of any policy of insurance. The Attorney General of Georgia shall represent and defend the Indemnitees. In the event of litigation, any settlement on behalf of the Indemnitees indemnities must be expressly approved by the Attorney General. The Tenant contractor and its insurance carrier may retain, but are not obligated to retain, counsel to assist with the defense of the Indemnitees, in which case there will be mutual cooperation between the Attorney General general and such counsel. (d) Self-insured retention, except for qualified self-insurers or group self-insurers, in any policy shall not exceed $10,000.00100,000.00.

Policy Provisions. Each of the insurance coverages required below (i) shall be issued by a company licensed by the Insurance Commissioner to transact the business of insurance in the State of Georgia for the applicable line of insurance, and (ii) shall be an insurer (or, for qualified self-insureds or group self-insureds, a specific excess insurer providing statutory limits) with a Best Policyholders Rating of "“A-" ” or better and with a financial size rating of Class V or larger. Each such policy shall contain the following provisions: (a) The insurance company agrees that the policy shall not be canceled, changed, allowed to lapse, or allowed to expire until thirty (30) days after the Landlord has received written notice thereof as evidenced by return receipt of registered letter or until such time as other insurance coverage providing protection equal to protection called for in this contract shall have been received, accepted, and acknowledged by the Landlord. (b) The policy shall not be subject to invalidation as to any insured by reason of any act or omission of another insured or any of its officers, employees, agents or other representatives (“Separation of Insureds”). (c) Each Insurer is hereby notified that the statutory requirement that the Attorney General of Georgia shall represent and defend the Indemnitees remains in full force and effect and is not waived by any policy of insurance. The Attorney General of Georgia shall represent and defend the Indemnitees. In the event of litigation, any settlement on behalf of the Indemnitees must be expressly approved by the Attorney General. The Tenant and its insurance carrier may retain, but are not obligated to retain, counsel to assist with the defense of the Indemnitees, in which case there will be mutual cooperation between the Attorney General and such counsel. (d) Self-insured retention, except for qualified self-insurers or group self-insurers, in any policy shall not exceed $10,000.00.

Policy Provisions. Each of the insurance coverages required below (i) shall be issued by a company licensed by the Insurance Commissioner to transact the business of insurance in the State of Georgia for the applicable line of insurance, and (ii) shall be an insurer (or, for qualified self-insureds or group self-insureds, a specific excess insurer providing statutory limits) with a Best Policyholders Rating of "“A-" ” or better and with a financial size rating of Class V or larger. Each such policy shall contain the following provisions: (a) The insurance company agrees that the policy shall not be canceled, changed, allowed to lapse, or allowed to expire until thirty forty-five (3045) days after the Landlord has certificate holders have received written notice thereof as evidenced by return receipt of registered letter or until such time as other insurance coverage providing protection equal to protection called for in this contract Exhibit shall have been received, accepted, and acknowledged by the LandlordBOR. (b) The policy shall not be subject to invalidation as to any insured by reason of any act or omission of another insured or any of its officers, employees, agents or other representatives (“Separation of Insureds”). (c) Each Insurer insurer is hereby notified that of the statutory requirement requirements that the Attorney General of Georgia shall represent and defend the Indemnitees remains in full force Board of Regents of the University System of Georgia, the Institution, the State of Georgia and effect its departments, agencies and is not waived instrumentalities and all of their respective officers, members, employees, directors and agents (collectively the “Indemnitees”) but will, without limiting the authority of the Attorney General, consider attorneys recommended by any policy of insurance. The the insurance company for appointment as Special Assistant Attorney General of Georgia shall to represent and defend the Indemnitees. The insurance company may, at the option of the Attorney General, have the right to participate in the defense of the Indemnitees. In the event of litigation, any settlement on behalf of the Indemnitees must be expressly approved by the Attorney General. The Tenant and its insurance carrier may retain, but are not obligated to retain, counsel to assist with the defense of the Indemnitees, in which case there will be mutual cooperation between the Attorney General and such counsel. (d) Self-insured retention, except for qualified self-insurers or group self-insurers, retention in any policy shall not exceed $10,000.00.

Policy Provisions. Each of the insurance coverages required below below, procured through commercial insurance, (i) shall be issued by a company licensed by the Insurance Commissioner to transact the business of insurance in the State of Georgia for the applicable line of insurance, and (ii) shall be an insurer (or, for qualified self-insureds or group self-insureds, a specific excess insurer providing statutory limits) with a Best Policyholders Rating of "A-" “A” or better and with a financial size rating of Class V or larger. Each such policy shall contain the following provisions: (a) The insurance company agrees that the policy shall not be canceled, changed, allowed to lapse, or allowed to expire until thirty (30) days after the Landlord Department has received written notice thereof as evidenced by return receipt of registered letter or until such time as other insurance coverage providing protection equal to protection called for in this contract shall have been received, accepted, and acknowledged by the LandlordDepartment. (b) The policy shall not be subject to invalidation as to any insured by reason of any act or omission of another insured or any of its officers, employees, agents or other representatives (“Separation of Insureds”). (c) Each Insurer is hereby notified that the statutory requirement that the Attorney General of Georgia shall represent and defend the Indemnitees Department, State of Georgia, their employees and officers remains in full force and effect and is not waived by any policy of insurance. The Attorney General of Georgia shall represent and defend the IndemniteesDepartment, State of Georgia, their employees and officers. In the event of litigation, any settlement on behalf of the Indemnitees Department, State of Georgia, their employees and officers must be expressly approved by the Attorney General. The Tenant City and its insurance carrier may retain, but are not obligated to retain, counsel to assist with the defense of the IndemniteesDepartment, State of Georgia, their employees and officers, in which case there will be mutual cooperation between the Attorney General and such counsel. (d) Self-insured retention, except for qualified self-insurers or group self-insurers, in any policy shall not exceed Ten Thousand Dollars ($10,000.00).