Common use of Renewal of Policies Clause in Contracts

Renewal of Policies. At least thirty (30) days prior to the expiration of any policy required by this Agreement, Consultant shall renew or extend such policy in accordance with the requirements of this Agreement and direct their insurance broker or agent to submit to ACTA a renewal endorsement or renewal certificate or, if new insurance has been obtained, evidence of insurance as specified above. If Consultant neglects or fails to secure or maintain the insurance required above, ACTA’s CEO may, at his or her own option but without any obligation, obtain such insurance to protect ACTA’s interests. The cost of such insurance shall be deducted from the next payment due Consultant.

Appears in 3 contracts

Samples: Consulting Agreement, Consulting Agreement, Consulting Agreement

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Renewal of Policies. At least thirty (30) days prior to the expiration of any policy required by this Agreement, Consultant shall renew or extend such policy in accordance with the requirements of this Agreement and direct their insurance broker or agent to submit to ACTA a renewal endorsement or renewal certificate or, if new insurance has been obtained, evidence of insurance as specified above. If Consultant neglects or fails to secure or maintain the insurance required above, ACTA’s 's CEO may, at his or her own option but without any obligation, obtain such insurance to protect ACTA’s 's interests. The cost of such insurance shall be deducted from the next payment due Consultant.

Appears in 3 contracts

Samples: Consulting Agreement, Consulting Agreement, Consulting Agreement

Renewal of Policies. At least thirty (30) days prior to the expiration of any policy required by this Agreement, Consultant shall renew or extend such policy in accordance with the requirements of this Agreement and direct their insurance broker or agent to submit to the ACTA a renewal endorsement or renewal certificate or, if new insurance has been obtained, evidence of insurance as specified above. If Consultant neglects or fails to secure or maintain the insurance required above, ACTA’s CEO may, at his or her own option but without any obligation, obtain such insurance to protect ACTA’s interests. The cost of such insurance shall be deducted from the next payment due Consultant.

Appears in 1 contract

Samples: Consulting Agreement

Renewal of Policies. At least thirty (30) days prior to the expiration of any policy required by this Agreement, Consultant shall renew or extend such policy in accordance with the requirements of this Agreement and direct their insurance broker or agent to submit to the ACTA a renewal endorsement or renewal certificate or, if new insurance has been obtained, evidence of insurance insurance· as specified above. If Consultant neglects or fails to secure or maintain the insurance required above, ACTA’s 's CEO may, at his or her own option but without any obligation, obtain such insurance to protect ACTA’s 's interests. The cost of such insurance shall be deducted from the next payment due Consultant.

Appears in 1 contract

Samples: Consulting Agreement

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Renewal of Policies. At least thirty (30) days prior to the expiration of any policy required by this Agreement, Consultant shall renew or extend such policy in accordance with the requirements of this Agreement and direct their insurance broker or agent to submit to ACTA a renewal endorsement or renewal certificate or, if new insurance has been obtained, evidence of insurance as specified above. If Consultant neglects or fails to secure or maintain the insurance required above, ACTA’s CEO CFO may, at his or her own option but without any obligation, obtain such insurance to protect ACTA’s interests. The cost of such insurance shall be deducted from the next payment due Consultant.

Appears in 1 contract

Samples: Consulting Agreement

Renewal of Policies. At least thirty (30) days prior to the expiration of any policy required by this Agreement, Investment Consultant shall renew or extend such policy in accordance with the requirements of this Agreement and direct their insurance broker or agent to submit to ACTA a renewal endorsement or renewal certificate or, if new insurance has been obtained, evidence of insurance as specified above. If Investment Consultant neglects or fails to secure or maintain the insurance required above, ACTA’s 's CEO may, at his or her own option but without any obligation, obtain such insurance to protect ACTA’s 's interests. The cost of such insurance shall be deducted from the next payment due Investment Consultant.

Appears in 1 contract

Samples: Investment Consulting Agreement

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