Common use of Renewal of Policies Clause in Contracts

Renewal of Policies. At least thirty (30) days prior to the expiration of each policy, Operator shall direct their insurance broker or agent to submit to the City’s online insurance compliance system KwikComply at xxxxx://xxxxxxxxxx.xxx/ a renewal endorsement or renewal certificate showing that the policy has been renewed or extended or, if new insurance has been obtained, evidence of insurance as specified above. If Operator neglects or fails to secure or maintain the insurance required above, Executive Director may, at his or her own option but without any obligation, obtain such insurance to protect City’s interests. The cost of such insurance will be deducted from the next payment due Operator.

Appears in 3 contracts

Samples: clkrep.lacity.org, clkrep.lacity.org, clkrep.lacity.org

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Renewal of Policies. At least thirty (30) days prior to the expiration of each policy, Operator shall direct their insurance broker or agent to submit to the City’s online insurance compliance system KwikComply at xxxxx://xxxxxxxxxx.xxx/ a renewal endorsement or renewal certificate showing that the policy has been renewed or extended or, if new insurance has been obtained, evidence of insurance as specified above. If Operator neglects or fails to secure or maintain the insurance required above, Executive Director may, at his or her own option but without any obligation, obtain such insurance to protect City’s 's interests. The cost of such insurance will be deducted from the next payment due Operator.

Appears in 1 contract

Samples: clkrep.lacity.org

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Renewal of Policies. At least thirty (30) days prior to the expiration of each policy, Operator shall direct their insurance broker or agent to submit to the City’s online insurance compliance system KwikComply at xxxxx://xxxxxxxxxx.xxx/ a renewal endorsement or renewal certificate showing that the policy has been renewed or extended or, if new insurance has been obtained, evidence of insurance as specified above. If Operator neglects or fails to secure or maintain the insurance required above, Executive Director may, at his or her own option but without any obligation, obtain such insurance to protect City’s interests. The cost of such insurance will be deducted from charged to the next payment due Operator.

Appears in 1 contract

Samples: Department Agreement

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