Common use of Reputable and Solvent Insurer Clause in Contracts

Reputable and Solvent Insurer. Any policy of insurance taken out by the Agent with respect to the Agreement must be taken out with a reputable and solvent insurer acceptable to the Principal which carries on business in Australia and is authorised in Australia to operate as an insurance company.

Appears in 2 contracts

Samples: Agreement for the Provision of Licensing Services, Agreement for the Provision of Licensing Services

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Reputable and Solvent Insurer. Any policy of insurance taken out by the Agent with respect to the Agreement Client must be taken out with a reputable and solvent insurer reasonably acceptable to the Principal Main Roads which carries on insurance business in Australia and is authorised in Australia to operate as an insurance company.

Appears in 2 contracts

Samples: Traffic Escort Services Head Agreement, Traffic Escort Services Head Agreement

Reputable and Solvent Insurer. Any policy of insurance taken out by the Agent with respect to the Agreement Recipient must be taken out with a reputable and solvent insurer acceptable to the Principal which carries carrying on business in Australia and which is authorised in Australia to operate as an insurance companyby the Australian Prudential Regulation Authority.

Appears in 1 contract

Samples: Services Agreement

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Reputable and Solvent Insurer. Any policy of insurance taken out by the Agent with respect to the Agreement Client must be taken out with a reputable and solvent insurer reasonably acceptable to the Principal Polytechnic West which carries on insurance business in Australia and is authorised in Australia to operate as an insurance company.

Appears in 1 contract

Samples: Consultancy Agreement

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