Requirement to Maintain Insurance Sample Clauses

Requirement to Maintain Insurance. Any failure by Contractor to maintain the insurance required in Sections 8.3, 8.4, and 8.5 (above) throughout the term of this Agreement, or to provide the City evidence of such insurance coverage as required under this Agreement, shall constitute a material breach of this Agreement and shall be grounds for immediate termination.
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Requirement to Maintain Insurance. Fundraiser shall maintain at all times, while the Agreement is in effect, including during any warranty period, policies of insurance with the applicable coverages described below. Fundraiser shall continuously maintain all policies to cover all liability, claims, demands, and other obligations of the Fundraiser under the Agreement. In case of any “Claims Made” policy, the Fundraiser shall maintain or purchase the necessary retroactive dates and extended reporting periods to maintain such continuous coverage. Extended reporting period durations for such “Claims Made” coverage shall be carried for a period of no less than 2 years after the termination or expiration of the Agreement, or as the District may specify in writing. Subrogation Waiver. All policies shall contain waivers of subrogation in favor of the District as required in any solicitation document, the statement or scope of work, or as specifically required by the District in an amendment or supplement to the Agreement. Carrier Requirements. All insurance carriers shall have an AM Best rating of A-VIII or better, or otherwise be approved by the District in writing. Certificates of Insurance. The Fundraiser shall submit certificates of insurance, evidencing that the insurance required herein is in effect, as follows: (i) no later than 10 calendar days after the Effective Date; and (ii) no later than 10 calendar days after the effective date of each insurance policy renewal date; and (iii) whenever the District requests. The District’s receipt, review or acceptance of any insurance policies or certificates of insurance shall not be construed as a waiver or relieve the Fundraiser from its obligation to meet the insurance requirements. Modification. Any modification, variance, or waiver of these requirements is only valid if such modification, variance, or waiver is in writing and approved by the District in advance of the modification, variance, or waiver. Subcontractor
Sample 1
Requirement to Maintain Insurance. Prior to commencing the Services and for the duration of the term of the MSA, Consultant shall maintain without interruption and at its own expense, insurance having the following coverage: (a) Commercial general liability insurance with a limit of not less than Two Hundred and Fifty Thousand Dollars ($250,000) and such insurance shall: (1) be written on a per occurrence basis, and (2) be endorsed to cover liability arising from premises, operations, independent contractors, products-completed, personal injury and advertising injury, and liability assumed under an insured contract. (b) Property insurance on a “Special Causes of Loss” form covering Contractor property for its full replacement cost. Unless otherwise agreed to in writing by Company, all policies of insurance shall be underwritten through insurance companies at all times licensed to do business in the various states where the Services are provided with an AM. Best rating of A- VII or better. Subject to the other provisions of this Section 4.1, Contractor shall have its respective policies of insurance required herein endorsed to provide that such policies of insurance shall not be canceled, non-renewed or materially altered without prior written notice to Company. Contractor shall have its respective policies of insurance required herein endorsed to waive the insurance carriers’ rights of subrogation against Company.
Sample 1
Requirement to Maintain Insurance. The Service Provider shall maintain at all times, while the Agreement is in effect, including during any warranty period (if applicable), policies of insurance to cover liability, claims, demands, and other obligations of the Service Provider under the Agreement with the applicable minimum coverages described below..
Sample 1
Requirement to Maintain Insurance. ‌ The Research Organisation must obtain and maintain all insurances appropriate in entering this Contract and in supervising the conduct of the Research by the Recipient including (where appropriate) insurance for personal injury and sickness, public liability, professional indemnity, any liability for infringement of any Party's Intellectual Property. This obligation to insure continues for no less than two years after the expiry or termination of this Contract.
Sample 1
Requirement to Maintain Insurance. Without in any way limiting Developer’s indemnification obligations under this ENA, and subject to approval by City of the insurers, policy forms and all other coverage specifics, Developer shall obtain and maintain, or cause to be obtained and maintained at no cost to City, during the Term, the insurance set forth on City’s Schedule Q, attached hereto as Exhibit C and incorporated herein as related to Parcel 1. Notwithstanding anything to the contrary herein stated, Developer shall be subject to the insurance requirements applicable to Parcel 2 as set forth in the Port License between Developer and the Port. No failure by the City to approve of any insurance submitted by Developer, which otherwise complies with the requirements of this Section 11, shall result in or constitute a default by Developer under this ENA.
Sample 1

Related to Requirement to Maintain Insurance

  • Maintain Insurance The Credit Parties’ shall at all times insure and keep insured with insurance companies acceptable to Lender, all insurable property owned by the Credit Parties which is of a character usually insured by companies similarly situated and operating like properties, against loss or damage from environmental, fire and such other hazards or risks as are customarily insured against by companies similarly situated and operating like properties; and shall similarly insure employers’, public and professional liability risks. Prior to the date of the funding of any Loans under this Agreement, Borrower shall deliver to Lender a certificate setting forth in summary form the nature and extent of the insurance maintained pursuant to this Section. All such policies of insurance must be satisfactory to Lender in relation to the amount and term of the Obligations and type and value of the Collateral and assets of the Credit Parties, shall identify Lender as sole/lender’s loss payee and as an additional insured. In the event the Credit Parties fail to provide Lender with evidence of the insurance coverage required by this Section or at any time hereafter shall fail to obtain or maintain any of the policies of insurance required above, or to pay any premium in whole or in part relating thereto, then Lender, without waiving or releasing any obligation or default by Borrower hereunder, may at any time (but shall be under no obligation to so act), obtain and maintain such policies of insurance and pay such premium and take any other action with respect thereto, which Lender deems advisable. This insurance coverage: (i) may, but need not, protect the Credit Parties’ interest in such property, including, but not limited to, the Collateral; and (ii) may not pay any claim made by, or against, the Credit Parties in connection with such property, including, but not limited to, the Collateral. The Credit Parties may later cancel any such insurance purchased by Lender, but only after providing Lender with evidence that the insurance coverage required by this Section is in force. The costs of such insurance obtained by Lender, through and including the effective date such insurance coverage is canceled or expires, shall be payable on demand by the Credit Parties to Lender, together with interest at the Default Rate on such amounts until repaid and any other charges by Lender in connection with the placement of such insurance. The costs of such insurance, which may be greater than the cost of insurance which the Credit Parties may be able to obtain on its own, together with interest thereon at the Default Rate and any other charges by Lender in connection with the placement of such insurance may be added to the total Obligations due and owing to the extent not paid by the Credit Parties.

  • Failure to Maintain Insurance Failure on the part of the Consultant to maintain the insurance as required shall constitute a material breach of contract, upon which the City may, after giving five business days notice to the Consultant to correct the breach, immediately terminate the Agreement or, at its discretion, procure or renew such insurance and pay any and all premiums in connection therewith, with any sums so expended to be repaid to the City on demand, or at the sole discretion of the City, offset against funds due the Consultant from the City.

  • Xxxx Xxxxx Insurance (a) If an Employee is in receipt of an Incolink benefit and suffers a disability for a period of more than 14 days, they shall have access to a benefit under a policy procured by Incolink to reimburse domestic bills which the worker receives and pays during their disablement. (b) This policy will reimburse up to $250 per bill up to a maximum of $5,000 for all bills for any one period of disablement. (c) The Employer will pay a contribution on behalf of each Employee of $1.00 per week per Employee for the life of this Agreement in accordance with the relevant Incolink trust deed and/or Constitution and By-laws.

  • Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.

  • FDIC Insurance For any deposit accounts you open, the FDIC requires Bank to disclose, and you hereby acknowledge, that deposits held by Evolve Bank & Trust are insured up to $250,000 federal deposit insurance limit, per depositor for each ownership category.

  • Trauma Insurance All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.

  • Construction Insurance In addition to the requirements of Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries “Builder’s All Risk” insurance in an amount approved by Landlord covering the construction of such Alterations, and such other insurance as Landlord may reasonably require, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to Article 10 of this Lease immediately upon completion thereof. In addition, Landlord may, in its discretion, require Tenant to obtain a lien and completion bond or some alternate form of security satisfactory to Landlord in an amount sufficient to ensure the lien-free completion of such Alterations and naming Landlord as a co-obligee.

  • The Commercial General Liability Insurance Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies shall contain provisions that specify that the policies are primary and shall apply to such extent without consideration for other policies separately carried and shall state that each insured is provided coverage as though a separate policy had been issued to each, except the insurer’s liability shall not be increased beyond the amount for which the insurer would have been liable had only one insured been covered. Developer and Connecting Transmission Owner shall each be responsible for its respective deductibles or retentions.

  • Vision Insurance The County will provide and pay all the premiums necessary for WCIF VSP vision insurance.

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

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