Required Insurance Items Sample Clauses

Required Insurance Items. 1. All policies of insurance maintained pursuant to this EXHIBIT B shall: (a) in the case of liability insurance (including environmental liability), name the Corporation as named insured and name the Bond Trustee and the Bond Insurer, and each of their and the Corporation’s respective affiliates, successors and assigns as additional insureds (each an “Additional Insured”), (b) in the case of property insurance, name the Corporation, the Bond Trustee and the Bond Insurer, and each of their respective affiliates, successors and assigns as additional named insureds (each an “Additional Named Insured”), and name the Bond Trustee as sole loss payee in accordance with and equivalent to a 438 BFU or CP 12 18 loss payee clause or such loss payee wording as determined acceptable by the Bond Insurer, such insurance policies shall also include, for so long as any Bonds shall remain Outstanding, a standard form mortgagee endorsement in favor of the Bond Trustee (on behalf of the Bondholders and Bond Insurer), (c) provide that the insurers waive any right of subrogation against, and waive all claims for premiums from, each Additional Insured and Additional Named Insured, (d) require 45 days prior written notice of cancellation or lapse or material change in coverage to the Bond Trustee and the Bond Insurer, (e) be placed with companies having an A.M. Best rating of at least “A” and “X,” or shall be otherwise reasonably acceptable to the Bond Insurer on the advice of the insurance consultant, (f) be primary without right of contribution of any other insurance carried by or on behalf of any Additional Insured or Additional Named Insured with respect to their respective interests in the Prior Project and the Mortgaged Property, and (g) if any liability insurance required under the provisions of this EXHIBIT B is allowed to be written on a “claims made” basis, include (i) the retroactive date (as such term is specified in each such policy) which shall be no later than the date hereof and (ii) each time any policy written on a “claims made” basis is not renewed or the retroactive date of such policy is changed, an obligation of the Corporation to obtain or cause to be obtained for each such policy or policies an extended reporting period, or “tail” coverage for the greater of three years or the largest such extended reporting period, or “tail” coverage available after the expiration of such policy or policies. Property and machinery breakdown insurance shall contain approp...
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Related to Required Insurance Items

  • Required Insurance The HSP will put into effect and maintain, with insurers having a secure A.M. Best rating of B+ or greater, or the equivalent, all the necessary and appropriate insurance that a prudent person in the business of the HSP would maintain including, but not limited to, the following at its own expense.

  • Required Insurance Coverages The Contractor also agrees to purchase insurance and have the authorized agent state on the insurance certificate that the Contractor has purchased the following types of insurance coverages, consistent with the policies and requirements of O.C.G.A. §50-21-37. The minimum required coverages and liability limits are as follows:

  • Required Insurance Coverage As a condition of this Contract with DIR, Vendor shall provide the listed insurance coverage within 5 business days of execution of the Contract if the Vendor is awarded services which require that Vendor’s employees perform work at any Customer premises and/or use employer vehicles to conduct work on behalf of Customers. In addition, when engaged by a Customer to provide services on Customer premises, the Vendor shall, at its own expense, secure and maintain the insurance coverage specified herein, and shall provide proof of such insurance coverage to the related Customer within five (5) business days following the execution of the Purchase Order. Vendor may not begin performance under the Contract and/or a Purchase Order until such proof of insurance coverage is provided to, and approved by, DIR and the Customer. All required insurance must be issued by companies that have an A rating and a Financial Size Category Class of VII from A.M. Best, and are licensed in the State of Texas and authorized to provide the corresponding coverage. The Customer and DIR will be named as Additional Insureds on all required coverage. Required coverage must remain in effect through the term of the Contract and each Purchase Order issued to Vendor there under. The minimum acceptable insurance provisions are as follows:

  • Insurance and Fingerprint Requirements Information Insurance If applicable and your staff will be on TIPS member premises for delivery, training or installation etc. and/or with an automobile, you must carry automobile insurance as required by law. You may be asked to provide proof of insurance. Fingerprint It is possible that a vendor may be subject to Chapter 22 of the Texas Education Code. The Texas Education Code, Chapter 22, Section 22.0834. Statutory language may be found at: xxxx://xxx.xxxxxxxx.xxxxx.xxxxx.xx.xx/ If the vendor has staff that meet both of these criterion: (1) will have continuing duties related to the contracted services; and (2) has or will have direct contact with students Then you have ”covered” employees for purposes of completing the attached form. TIPS recommends all vendors consult their legal counsel for guidance in compliance with this law. If you have questions on how to comply, see below. If you have questions on compliance with this code section, contact the Texas Department of Public Safety Non-Criminal Justice Unit, Access and Dissemination Bureau, FAST-FACT at XXXX@xxxxx.xxxxx.xx.xx and you should send an email identifying you as a contractor to a Texas Independent School District or ESC Region 8 and TIPS. Texas DPS phone number is (000) 000-0000. See form in the next attribute to complete entitled: Texas Education Code Chapter 22 Contractor Certification for Contractor Employees

  • Insurance Information The Borrower shall deliver to the Administrative Agent information concerning insurance at the times and in the manner specified in Section 7.8;

  • Updated Certification of Required Insurances As insurance coverage is traditionally of a term nature, it is the Contractor’s responsibility to maintain not just the appropriate insurance coverages, but also their filed certifications with OGS. The Contractor shall furnish to the State up to date certifications of coverages for all insurance requirements per section 4.16 - Insurance Requirements.

  • Certificate of Insurance/Endorsements A certificate of insurance from an insurer with a Best's rating of no less than A- indicating compliance with the required coverages has been received by the Department’s Contracts Management Bureau, X.X. Xxx 000000, Xxxxxx, XX 00000. Contractor must notify the Department immediately of any material change in insurance coverage, such as changes in limits, coverages, change in status of policy, etc. The Department reserves the right to require complete copies of insurance policies at all times.

  • Deductibles and Self-Insurance Retentions Any deductibles or self-insured retentions must be declared to and approved by the City. The City may require the Consultant to provide proof of ability to pay losses and related investigation, claims administration and defense expenses within the deductible or self-insured retention. The deductible or self-insured retention may be satisfied by either the named insured or the City.

  • Additional Insurance Requirements The policies shall include, or be endorsed to include, the following provisions:

  • Maintenance of Insurance; Policy Provisions The Contractor, at no additional direct cost to NYSERDA, shall maintain or cause to be maintained throughout the term of this Agreement, insurance of the types and in the amounts specified in the Section hereof entitled Types of Insurance. All such insurance shall be evidenced by insurance policies, each of which shall:

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