Common use of Premiums, Deductibles and Self-Insured Retentions Clause in Contracts

Premiums, Deductibles and Self-Insured Retentions. Maintenance Contractor shall timely pay the premiums for all policies of insurance required under this Capital Maintenance Agreement. Subject to Exhibit 10, TxDOT shall have no liability for any deductibles, self-insured retentions and amounts in excess of the coverage provided. In the event that any required coverage is provided under a self-insured retention, the entity responsible for the self-insured retention shall have an authorized representative issue a letter to TxDOT, at the same time the insurance policy is to be procured, stating that it shall protect and defend TxDOT to the same extent as if a commercial insurer provided coverage for TxDOT.

Appears in 3 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

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Premiums, Deductibles and Self-Insured Retentions. Maintenance Contractor shall timely pay the premiums for all policies of insurance required under this Capital Comprehensive Maintenance Agreement. Subject to Exhibit 10, TxDOT shall have no liability for any deductibles, self-insured retentions and amounts in excess of the coverage provided. In the event that any required coverage is provided under a self-self- insured retention, the entity responsible for the self-insured retention shall have an authorized representative issue a letter to TxDOT, at the same time the insurance policy is to be procured, stating that it shall protect and defend TxDOT to the same extent as if a commercial insurer provided coverage for TxDOT.

Appears in 3 contracts

Samples: Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement

Premiums, Deductibles and Self-Insured Retentions. Maintenance Contractor shall timely pay the premiums for all insurance policies of insurance required under this Capital Comprehensive Maintenance Agreement. Subject to Exhibit Section 10, TxDOT shall have no liability for any deductibles, self-insured retentions and amounts in excess of the coverage provided. In the event that any required coverage is provided under a self-insured retention, the entity responsible for the self-insured retention shall have an authorized representative issue a letter to TxDOT, at the same time the insurance policy is to be procured, stating that it shall protect and defend TxDOT to the same extent as if a commercial insurer provided coverage for TxDOT.

Appears in 2 contracts

Samples: Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement

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Premiums, Deductibles and Self-Insured Retentions. Maintenance Contractor shall timely pay the premiums for all policies of insurance required under this Capital Maintenance Agreement. Subject to Exhibit 10, TxDOT shall have no liability for any deductibles, self-insured retentions and amounts in excess of the coverage provided. In the event that any required coverage is provided under a self-insured retention, the entity responsible for the self-insured retention shall have an authorized representative issue a letter to TxDOT, at the same time the insurance policy is to be procured, stating that it shall protect and defend TxDOT to the same extent as if a commercial insurer provided coverage for TxDOT.

Appears in 1 contract

Samples: Capital Maintenance Agreement

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