Common use of Required Certificates and Endorsements Clause in Contracts

Required Certificates and Endorsements. As one of the Agency’s Conditions Precedent to Closing, Developer shall deliver to Agency (i) insurance certificates confirming the existence of the insurance required by this Agreement, and including the applicable clauses referenced above and (ii) endorsements to the above-required policies, which add to these policies the applicable clauses and provisions referenced above. Such endorsements shall be signed by an authorized representative of the insurance company and shall include the signator’s company affiliation and title. Insurance required under this Agreement shall be placed with insurers (x) admitted to write insurance in California, (y) possessing an A. M. Best’s rating of A VII or higher, or (z) otherwise acceptable to Agency (as evidenced by prior written approval of Agency. Also, Agency has the right to demand, and to receive within a reasonable time period, copies of any insurance policies required under this Agreement.‌

Required Certificates and Endorsements. As one of the Agency’s Conditions Precedent to Closing, Developer shall deliver to Agency (i) insurance certificates confirming the existence of the insurance required by this Agreement, and including the applicable clauses referenced above and (ii) endorsements to the above-required policies, which add to these policies the applicable clauses and provisions referenced above. Such endorsements shall be signed by an authorized representative of the insurance company and shall include the signator’s company affiliation and title. Insurance required under this Agreement shall be placed with insurers (x) admitted to write insurance in California, (y) possessing an A. M. Best’s rating of A VII or higher, or (z) otherwise acceptable to Agency (as evidenced by prior written approval of Agency. Also, Agency has the right to demand, and to receive within a reasonable time period, copies of any insurance policies required under this Agreement.‌Agreement.

Required Certificates and Endorsements. As one of the AgencyHousing Authority’s Conditions Precedent to Closing, Developer shall deliver to Agency Housing Authority (i) insurance certificates confirming the existence of the insurance required by this Agreement, and including the applicable clauses referenced above and (ii) endorsements to the above-required policies, which add to these policies the applicable clauses and provisions referenced above. Such endorsements shall be signed by an authorized representative of the insurance company and shall include the signator’s company affiliation and title. Insurance required under this Agreement shall be placed with insurers (x) admitted to write insurance in California, (y) possessing an A. M. Best’s rating of A VII or higher, or (z) otherwise acceptable to Agency Housing Authority (as evidenced by prior written approval of AgencyHousing Authority. Also, Agency Housing Authority has the right to demand, and to receive within a reasonable time period, copies of any insurance policies required under this Agreement.‌Agreement.