Common use of Right to Review Clause in Contracts

Right to Review. TFC reserves the right to review the insurance requirements and to require deletion, revision, and/or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulations that are binding upon TFC, PSP, or the underwriter) on any such policies when deemed necessary and prudent by TFC based upon changes in statutory law, court decisions, or the claims history of the industry and/or of PSP, provided however, such modifications must be commercially available to PSP. TFC shall make an equitable adjustment to the Contract Sum for any additional cost resulting therefrom.

Appears in 50 contracts

Samples: Professional Services, Professional Services Agreement, Indefinite Delivery Indefinite Quantity Professional Services Agreement

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Right to Review. TFC reserves the right to review the insurance requirements and to require deletion, revision, and/or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulations that are binding upon TFC, PSPSSE, or the underwriter) on any such policies when deemed necessary and prudent by TFC based upon changes in statutory law, court decisions, or the claims history of the industry and/or of PSPSSE, provided however, such modifications must be commercially available to PSPSSE. TFC shall make an equitable adjustment to the Contract Sum for any additional cost resulting therefrom.

Appears in 2 contracts

Samples: Professional Services, Professional Services

Right to Review. TFC reserves the right to review the insurance requirements and to require deletion, revision, and/or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulations that are binding upon TFC, PSPPE, or the underwriter) on any such policies when deemed necessary and prudent by TFC based upon changes in statutory law, court decisions, or the claims history of the industry and/or of PSPPE, provided however, such modifications must be commercially available to PSPPE. TFC shall make an equitable adjustment to the Contract Sum for any additional cost resulting therefrom.

Appears in 2 contracts

Samples: Professional Services Agreement, Professional Services Agreement

Right to Review. TFC reserves the right to review the these insurance requirements during the effective period of this Agreement and to require deletion, revision, and/or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulations that are binding upon TFC, PSP, or the underwriter) on any such policies make reasonable adjustments to insurance coverage and their limits when deemed necessary and prudent by TFC based upon changes in statutory law, court decisions, or the claims history of the industry and/or of PSP, provided however, such modifications must be commercially available to PSP. TFC shall make an equitable adjustment to the Contract Sum PSP Compensation for any additional cost resulting therefrom.

Appears in 1 contract

Samples: Professional Services

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Right to Review. TFC reserves the right to review the insurance requirements and to require deletion, revision, and/or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulations that are binding upon TFC, PSPTAB, or the underwriter) on any such policies when deemed necessary and prudent by TFC based upon changes in statutory law, court decisions, or the claims history of the industry and/or of PSPTAB, provided however, such modifications must be commercially available to PSPTAB. TFC shall make an equitable adjustment to the Contract Sum for any additional cost resulting therefrom.

Appears in 1 contract

Samples: Professional Services

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