Common use of Proof of Coverage Clause in Contracts

Proof of Coverage. As a condition precedent to University’s duty to pay for any Services, Service Provider shall provide to the University a certificate of insurance issued by the insurance carrier providing coverage, accompanied by the endorsements (CG 20 10 11 85 or equivalent acceptable to University) showing the required coverages and additional insured or a copy of each insurance policy. Throughout the term of this Agreement, Service Provider shall furnish University with the required proof of insurance as follows: (i) with respect to any policy or coverage first obtained after the date of this Agreement, within thirty (30) days after such insurance is first obtained; and (ii) evidencing renewal of all insurance required to be maintained by Service Provider pursuant to this Agreement not less than thirty (30) days prior to the expiration of the insurance being renewed. The failure of Service Provider to provide such proof or University's failure to request the same shall not act as a waiver of any of Service Provider's insurance requirements under this Agreement.