Project Insurance. (a) The Borrower covenants that it will carry and maintain or cause to be carried and maintained, and pay, or cause to be paid, the premiums for at least the following insurance with respect to the Project and such other insurance as the Significant Bondholder and the Financial Monitor may reasonably request covering risks as are customarily insured against in connection with the operation of facilities comparable in size and scope of services to the Project at the time plus law and ordinance insurance in an amount of at least $250,000 (or property insurance covering increased cost due to law and ordinance):
Project Insurance. Develop and recommend project insurance strategy through the evaluation of available alternatives and the review of successful approaches deployed elsewhere. When the need arises, prepare RFP for the solicitation of wrap-up insurance and manage the contract.
Project Insurance. (a) Owner shall carry property damage insurance, or builder’s risk insurance, where applicable, to cover physical loss or damage to the Project from fire and extended coverage perils, including vandalism and malicious mischief and comprehensive general liability insurance with respect to the Project covering third party bodily injury, property damage, and personal injury. All such insurance shall be in such amounts and with such insurers as Owner may determine and, with respect to any such liability coverage, shall include by endorsement Manager as an additional insured thereunder. If requested by Owner, Manager shall obtain such insurance, at Owner’s cost and subject to Owner’s approval thereof. Manager shall comply with all the warranties, terms and conditions of such insurance. Manager shall notify Owner in writing within forty eight (48) hours after the Manager receives notice of any loss, damage, or injury and shall not take any action which knowingly might prejudice Owner in its defense to a claim based on such loss, damage, or injury.
Project Insurance. Policies of insurance to be procured and maintained in accordance with Section 18 hereof.
Project Insurance. RAPID RESPONSE FUND 63 11.1 Project Insurance 63 11.2 Rapid Response Fund 65
Project Insurance. 11.1.1 Plaintiffs shall obtain and maintain in force the following policies of insurance for the Project or obtain additional insured status on policies offered by the Resin Service Contract Vendor throughout the first thirty years of operation of the Project (including any renewals with same or substantially similar coverage): • a comprehensive general liability policy of insurance, including contractual liability, in substantially the form of Exhibit V to this Agreement (the "CGL Policy"); • an Environmental Impairment Liability policy in substantially the form of Exhibit W to this Agreement (the “EIL Policy”) if obtainable for a commercially reasonable premium as agreed by the Parties and AISLIC or determined by the Cost Consultant; • an earthquake policy of insurance in substantially the form of Exhibit X to this Agreement (the "Earthquake Policy") • a First-Party Property Insurance policy in substantially the form of Exhibit Y to this Agreement (the “Property Policy”). The CGL Policy, the EIL Policy, the Earthquake Policy and the Property Policy must be obtained by Plaintiffs with Plaintiffs and, other than the Earthquake and Property Policies, Defendants and the Buyer, identified as named insureds or additional insureds, and with coverages, policy limits, and deductibles or self-insured retentions as set forth on Exhibits V, W, X, and Y or as provided on substantially similar coverage, or alternatively, as provided on less expensive similar insurance offered through the Resin Service Contract Vendor. In the event that the Resin Service Contract Vendor is retained to provide operations and maintenance Labor for the Project, no cost of EIL coverage shall be paid by Defendants as Project O&M Costs or otherwise, so long as EIL coverage substantially similar to Exhibit W is provided to Plaintiffs by the Resin Service Contract Vendor.
Project Insurance. The Company shall purchase and maintain, or shall cause to be purchased and maintained, the policies of insurance determined by the Executive Committee.
Project Insurance. Construction Insurance and Operating Insurance.
Project Insurance. (a) The Borrower shall, without cost to the Secured Party, take out and maintain at all times such insurances (and reinsurances) specified in this Clause 18.14 (Project Insurance).
Project Insurance. The Borrower does not comply with Clause 18.14 (Project Insurance) in any material respect.
