Remedies for Defaults Re. Insurance. In addition to any other remedies City may have if the Vendor fails to provide or maintain any insurance policies or policy endorsements to the extent and within the time herein required, City may, at its sole option:
(a) Obtain such insurance and deduct and retain the amount of the premium for such insurance from any sums due under this Agreement;
(b) Order the Vendor to stop work under this Agreement and/or withhold any payment(s) which become due to the Vendor hereunder until the Vendor demonstrates compliance with the requirements hereof;
(c) Terminate this Agreement. Exercise of any of the above remedies, however, is an alternative to other remedies City may have and is not the exclusive remedy for the Vendor’s failure to maintain insurance or secure appropriate endorsements. Nothing herein contained shall be construed as limiting in any way the extent to which the Vendor may be held responsible for payment of damages to persons or property resulting from the Vendor’s or its subcontractor's performance of Vendor’s Services under this Agreement.
Remedies for Defaults Re. Insurance 9 6.2 Indemnification 9 Section 7. Enforcement of Agreement. 9
7.1 Events of Default 9 7.2 Immediate Termination for Vendor’s Default 10 7.3 Termination Without Cause 10
Remedies for Defaults Re. Insurance. 6
Remedies for Defaults Re. Insurance. In addition to any other remedies Agency may have if Developer fails to provide or maintain any insurance policies or policy endorsements to the extent and within the time herein required, Agency may, at its sole option, after five (5) business days Notice to Developer:
(A) Obtain such insurance and charge Developer the amount of the premium for such insurance, in which event Developer shall promptly remit such sum to Agency;
(B) Withhold any payment(s) which become due to Developer hereunder until Developer demonstrates compliance with the requirements hereof;
(C) Declare Developer in Default;
(D) Terminate this Agreement.
Remedies for Defaults Re. Insurance. In addition to any other remedies Agency may have if the Consultant fails to provide or maintain any insurance policies or policy endorsements to the extent and within the time herein required, Agency may, at its sole option:
(a) Obtain such insurance and deduct and retain the amount of the premium for such insurance from any sums due under this Agreement;
(b) Order the Consultant to stop work under this Agreement and/or withhold any payment(s) which become due to the Consultant hereunder until the Consultant demonstrates compliance with the requirements hereof;
(c) Terminate this Agreement. Exercise of any of the above remedies, however, is an alternative to other remedies Agency may have and is not the exclusive remedy for the Consultant’s failure to maintain insurance or secure appropriate endorsements. Nothing herein contained shall be construed as limiting in any way the extent to which the Consultant may be held responsible for payment of damages to persons or property resulting from the Consultant’s or its subcontractor's performance of the work covered under this Agreement.
Remedies for Defaults Re. Insurance. In addition to any other remedies the City may have if Chamber fails to provide or maintain any insurance policies or policy endorsements to the extent and within the time herein required, the City may, at its sole option:
(a) Order Chamber to stop work under this Agreement and/or withhold any payment(s) which become due to Chamber hereunder until Chamber demonstrates compliance with the requirements hereof;
(b) Terminate this Agreement. Exercise of any of the above remedies, however, is an alternative to other remedies The City may have and is not the exclusive remedy for Chamber's failure to maintain insurance or secure appropriate endorsements. Nothing herein contained shall be construed as limiting in any way the extent to which Chamber may be held responsible for payment of damages to persons or property resulting from Chamber's or its subcontractor's performance of the work covered under this Agreement.
Remedies for Defaults Re. Insurance. 43 601.7 Obligation to Repair and Restore Damage Due to Casualty Covered by Insurance. 43 601.8 No Obligation to Repair and Restore Damage Due to Casualty Not Covered by Insurance. 44 602. Indemnification 44 700. DEFAULTS AND REMEDIES. 45 701. Default Remedies. 45 702. Institution of Legal Actions 45 703. Termination by Developer Prior to Conveyance. 45 704. Termination by Agency Prior to Conveyance. 45 705. Reentry and Revesting of Title to Site After Closing and Prior to Issuance of Release of Construction Covenants. 46 706. Acceleration of Sums Due Under Purchase Price Loan Promissory Note 47 707. Acceptance of Service of Process. 47 708. Rights and Remedies Are Cumulative. 48 709. Inaction Not a Waiver of Default. 48 710. Applicable Law. 48 711. Attorneys’ Fees. 48 800. TRANSFERS AND ASSIGNMENTS OF INTEREST IN PROPERTY OR AGREEMENT. 48 801. General Prohibition Against Developer’s Transfers and Assignments. 48 802. Permitted Transfers by Developer. 49 803. Agency Consideration of Requested Transfer. 49 804. Assignment by Agency. 49 805. Successors and Assigns 50 900. GENERAL PROVISIONS. 50 901. Notices, Demands and Communications Between the Parties. 50 902. Enforced Delay; Extension of Times of Performance. 51 903. Relationship Between Agency and Developer 51 904. No Third Party Rights. 51 905. Agency Approvals and Actions 51 906. Counterparts 52 907. Integration 52 908. Real Estate Brokerage Commission 52 909. Titles and Captions. 52 910. Interpretation. 52 911. No Waiver. 52 912. Modifications. 52 913. Severability. 52 914. Computation of Time 53 915. Legal Advice. 53 916. Time of Essence. 53 917. Cooperation 53 918. Conflicts of Interest. 53 919. Non-Liability of Officials and Employees of Agency. 53 922. Time for Acceptance of Agreement by Agency. 54
Remedies for Defaults Re. Insurance. 6
6.2 Indemnification 7
7.1 Events of Default 7 7.2 Immediate Termination for Consultant’s Default. 8 7.3 Termination Without Cause 8
Remedies for Defaults Re. Insurance. In addition to any other remedies Housing Authority may have if Developer fails to provide or maintain any insurance policies or policy endorsements to the extent and within the time herein required, Housing Authority may, at its sole option, after ten (10) business days Notice to Developer:
(A) Obtain such insurance and charge Developer the amount of the premium for such insurance, in which event Developer shall promptly remit such sum to Housing Authority;
(B) Withhold any payment(s) which become due to Developer hereunder until Developer demonstrates compliance with the requirements hereof;
(C) Declare Developer in Default;
(D) Terminate this Agreement.
