Common use of Self-Insured Retention Clause in Contracts

Self-Insured Retention. If any of the insurance policies required under this Agreement includes a self-insured retention that must be paid by a named insured as a precondition of the insurer’s liability, or which has the effect of providing that payments of the self-insured retention by others, including additional insureds or insurers, do not serve to satisfy the self-insured retention, such provisions must be modified by special endorsement so as to not apply to the additional insured coverage required by this Agreement so as to not prevent any of the Parties from satisfying or paying the self-insured retention required to be paid as a precondition to the insurer’s liability.

Appears in 2 contracts

Samples: Construction and Non Exclusive Easement Agreement, Construction and Non Exclusive Easement Agreement

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Self-Insured Retention. If any of the insurance policies required under this Agreement includes a self-insured retention that must be paid by a named insured as a precondition of the insurer’s liability, or which has the effect of providing that payments of the self-self- insured retention by others, including additional insureds or insurers, do not serve to satisfy the self-insured retention, such provisions must be modified by special endorsement so as to not apply to the additional insured coverage required by this Agreement so as to not prevent any of the Parties to this Agreement from satisfying or paying the self-insured retention required to be paid as a precondition to the insurer’s liability.

Appears in 1 contract

Samples: Utility License Agreement

Self-Insured Retention. If any of the insurance policies required under this Agreement Lease includes a self-insured retention that must be paid by a named insured as a precondition of the insurer’s liability, or which has the effect of providing that payments of the self-insured retention by others, including additional insureds or insurers, do not serve to satisfy the self-insured retention, such provisions must be modified by special endorsement so as to not apply to the additional insured coverage required by this Agreement Lease so as to not prevent any of the Parties parties to this Lease from satisfying or paying the self-insured retention required to be paid as a precondition to the insurer’s liability.

Appears in 1 contract

Samples: Lease Agreement

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Self-Insured Retention. If any of the insurance policies required under this Agreement includes a self-insured retention that must be paid by a named insured as a precondition of the insurer’s 's liability, or which has the effect of providing that payments of the self-insured retention by others, including additional insureds or insurers, do not serve to satisfy the self-insured retention, such provisions must be modified by special endorsement so as to not apply to the additional insured coverage required by this Agreement so as to not prevent any of the Parties parties to this Agreement from satisfying or paying the self-insured retention required to be paid as a precondition to the insurer’s 's liability.

Appears in 1 contract

Samples: Right of Way License Agreement

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