Common use of Required Insurance Policy Clauses Clause in Contracts

Required Insurance Policy Clauses. Each policy of insurance required to be carried pursuant to the provisions hereof shall contain the following provisions and agreements: (a) A provision that no act or omission of Funding Recipient, including, without limitation, any use of the Vehicles paid for or intended to be paid for with the proceeds of the Funding for any purpose or purposes more hazardous than those permitted by the policy, shall invalidate the policy or affect or limit the obligation of the insurance company to pay the amount of any loss sustained by the City, (b) The Duties In the Event of Occurrence, Claim or Suit condition of the Commercial General Liability insurance policy required by this Exhibit shall provide that if and insofar as knowledge of an “occurrence,” “claim,” or “suit” is relevant to the City as additional insured under the policy, such knowledge by an agent, servant official, or employee of the City will not be considered knowledge on the part of the City of the “occurrence,” “claim,” or “suit” unless the Insurance Claims Specialist, Affirmative Litigation Division, New York City Law Department shall have actual notice thereof. (c) To the extent available on a commercially reasonable basis, an agreement by the insurer that such policy shall not be cancelled, materially modified in a manner that would compromise the coverage theretofore provided under the policy, or denied renewal without at least thirty (30) days’ prior written notice to the City, including, without limitation, cancellation or non-renewal for non-payment of premium. (d) A provision that notice of accident or claim to the insurer by Funding Recipient and/or the City shall be deemed notice by all insureds under the policy. Notices from the insurer to the City shall be delivered by hand or sent by registered or certified mail, return receipt requested, or by Airborne Express, Federal Express, Express Mail or other overnight mail service that provides a receipt to the sender. All notices and correspondences from the insurer to the City must be delivered to the following addresses or to such other addresses as the City may notify the insurer of from time to time: Department of Design and Construction 00-00 Xxxxxxx Xxxxxx Long Island City, New York 11101 Attention: General Counsel

Required Insurance Policy Clauses. Each policy of insurance required to be carried and maintained or caused to be carried and maintained or caused to be carried and maintained by the Funding Recipient pursuant to the provisions hereof this Exhibit shall contain the following provisions and agreements: , from and after the date such insurance policy is required to be carried pursuant to this Exhibit: (a1) A a provision that no act or omission of the Funding RecipientRecipient and/or of the named insured, including, without limitation, any use or occupation of the Vehicles paid for or intended to be paid for with the proceeds of the Funding Premises for any purpose or purposes more hazardous than those permitted by the policy, shall invalidate the policy or affect or limit the obligation of the insurance company to pay the amount of any loss sustained by the City, City or DDC, (b2) The Duties In the Event of Occurrence, Claim or Suit condition of the Commercial General Liability insurance policy required by this Exhibit shall provide that if and insofar as knowledge of an “occurrence,” “claim,” or “suit” is relevant to the City as additional insured under the policy, such knowledge by an agent, servant official, or employee of the City will not be considered knowledge on the part of the City of the “occurrence,” “claim,” or “suit” unless the Insurance Claims Specialist, Affirmative Litigation Division, New York City Law Department shall have actual notice thereof. (c) To the extent available on a commercially reasonable basis, an agreement by the insurer that such policy shall not be cancelled, materially modified in a manner that would compromise the coverage theretofore provided under the policy, or denied renewal without at least thirty (30) days’ prior written notice to the CityCity and DDC, including, without limitation, cancellation or non-renewal for non-payment of premium. , and (d3) A a provision that notice of accident or claim to the insurer by Funding Recipient and/or Recipient, the City or DDC shall be deemed notice by all insureds under the policy. Notices from the insurer to the City and DDC shall be delivered by hand or sent by registered or certified mail, return receipt requested, or by Airborne Express, Federal Express, Express Mail or other overnight mail service that provides a receipt to the sender. All notices and correspondences from the insurer to the City and to DDC must be delivered to the following addresses or to such other addresses as the City or DDC may notify the insurer of from time to time: To the City: Deputy Mayor for Economic Development and Xxxxxxxxxx Xxxx Xxxx Xxx Xxxx, Xxx Xxxx 00000 And a copy to: New York City Department of Design and Construction 00-00 Xxxxxxx Xxxxxx Long Island CityXxxx Xxxxxx Xxxx, New York 11101 Xxx Xxxx 00000 Attention: General CounselACCO

Required Insurance Policy Clauses. Each policy of insurance required to be carried pursuant to the provisions hereof shall contain the following provisions and agreements: (a) A provision that no act or omission of Funding Recipient, including, without limitation, any use of the Eligible Equipment and Vehicles paid for or intended to be paid for with the proceeds of the Funding for any purpose or purposes more hazardous than those permitted by the policy, shall invalidate the policy or affect or limit the obligation of the insurance company to pay the amount of any loss sustained by the City, (b) The Duties In the Event of Occurrence, Claim or Suit condition of the Commercial General Liability insurance policy required by this Exhibit shall provide that if and insofar as knowledge of an “occurrence,” “claim,” or “suit” is relevant to the City as additional insured under the policy, such knowledge by an agent, servant official, or employee of the City will not be considered knowledge on the part of the City of the “occurrence,” “claim,” or “suit” unless the Insurance Claims Specialist, Affirmative Litigation Division, New York City Law Department shall have actual notice thereof. (c) To the extent available on one a commercially reasonable basis, an agreement by the insurer that such policy shall not be cancelled, materially modified in a manner that would compromise the coverage theretofore provided under the policy, or denied renewal without at least thirty (30) days’ prior written notice to the City, including, without limitation, cancellation or non-renewal for non-payment of premium., and (d) A a provision that notice of accident or claim to the insurer by Funding Recipient and/or the City shall be deemed notice by all insureds under the policy. Notices from the insurer to the City shall be delivered by hand or sent by registered or certified mail, return receipt requested, or by Airborne Express, Federal Express, Express Mail or other overnight mail service that provides a receipt to the sender. All notices and correspondences from the insurer to the City must be delivered to the following addresses or to such other addresses as the City may notify the insurer of from time to time: Department of Design and Construction 00-00 Xxxxxxx Xxxxxx Long Island CityXxxx Xxxxxx Xxxx, New York 11101 Xxx Xxxx 00000 Attention: General Counsel

Required Insurance Policy Clauses. Each policy of insurance required to be carried pursuant to the provisions hereof shall contain the following provisions and agreements:. (a) A provision that no act or omission of Funding Recipient, including, without limitation, any use of the Vehicles Equipment paid for or intended to be paid for for, directly or indirectly, with the proceeds of the Funding for any purpose or purposes more hazardous than those permitted by the policy, shall invalidate the policy or affect or limit the obligation of the insurance company to pay the amount of any loss sustained by the City,. (b) The Duties In the Event of Occurrence, Claim or Suit condition of the Commercial General Liability insurance policy required by this Exhibit shall provide that if and insofar as knowledge of an “occurrence,” “claim,” or “suit” is relevant to the City as additional insured under the policy, such knowledge by an agent, servant official, or employee of the City will not be considered knowledge on the part of the City of the “occurrence,” “claim,” or “suit” unless the Insurance Claims Specialist, Affirmative Litigation Division, New York City Law Department shall have actual notice thereof. (c) To the extent available on a commercially reasonable basis, an agreement by the insurer that such policy shall not be cancelled, materially modified in a manner that would compromise the coverage theretofore provided under the policy, or denied renewal without at least thirty (30) days’ prior written notice to the City, including, without limitation, cancellation or non-renewal for non-payment of premium. (d) A provision that notice of accident or claim to the insurer by Funding Recipient Recipient, and/or the City shall be deemed notice by all insureds under the policy. Notices from the insurer to the City shall be delivered by hand or sent by registered or certified mail, return receipt requested, or by Airborne Express, Federal Express, Express Mail or other overnight mail service that provides a receipt to the sender. All notices and correspondences from the insurer to the City must be delivered to the following addresses or to such other addresses as the City may notify the insurer of from time to time: Department of Design and Construction 00-00 Xxxxxxx Xxxxxx Long Island City, New York 11101 Attention: General Counsel

Required Insurance Policy Clauses. Each policy of insurance required to be carried pursuant to the provisions hereof shall contain the following provisions and agreements:. (a) A provision that no act or omission of Funding Recipient, including, without limitation, any use of the Vehicles Equipment paid for or intended to be paid for for, with the proceeds of the Funding for any purpose or purposes more hazardous than those permitted by the policy, shall invalidate the policy or affect or limit the obligation of the insurance company to pay the amount of any loss sustained by the City,. (b) The Duties In the Event of Occurrence, Claim or Suit condition of the Commercial General Liability insurance policy required by this Exhibit shall provide that if and insofar as knowledge of an “occurrence,” “claim,” or “suit” is relevant to the City as additional insured under the policy, such knowledge by an agent, servant official, or employee of the City will not be considered knowledge on the part of the City of the “occurrence,” “claim,” or “suit” unless the Insurance Claims Specialist, Affirmative Litigation Division, New York City Law Department shall have actual notice thereof. (c) To the extent available on a commercially reasonable basis, an agreement by the insurer that such policy shall not be cancelled, materially modified in a manner that would compromise the coverage theretofore provided under the policy, or denied renewal without at least thirty (30) days’ prior written notice to the City, including, without limitation, cancellation or non-renewal for non-payment of premium. (d) A provision that notice of accident or claim to the insurer by Funding Recipient and/or the City shall be deemed notice by all insureds under the policy. Notices from the insurer to the City shall be delivered by hand or sent by registered or certified mail, return receipt requested, or by Airborne Express, Federal Express, Express Mail or other overnight mail service that provides a receipt to the sender. All notices and correspondences from the insurer to the City must be delivered to the following addresses or to such other addresses as the City may notify the insurer of from time to time: Department of Design and Construction 00-00 Xxxxxxx Xxxxxx Long Island City, New York 11101 Attention: General Counsel