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

Premiums, Deductibles and Self-Insured Retentions. Developer shall timely pay the premiums for all insurance required under this Section 16. Xxxxxxxxx agrees that for each claim, suit or action made against insurance provided hereunder, Developer shall be solely responsible for all deductibles, self-insured retentions and, as respects all matters for which Developer is responsible under this Agreement, amounts in excess of the coverage provided. Subject to the other terms of this Agreement, TxDOT shall remain fully responsible for amounts in excess of the coverage provided as respects matters for which TxDOT is responsible hereunder.