Common use of Term and Modification of Insurance Clause in Contracts

Term and Modification of Insurance. If the designated coverage, or relatively comparable coverage, are unavailable on reasonable commercial terms, Supplier will provide Purchaser detailed information as to the maximum amount of available coverage that it is able to purchase and will be required to obtain Purchaser’s consent as to the adequacy of said coverage under the circumstances at the time, which consent shall not be unreasonably withheld or delayed.

Term and Modification of Insurance. If the designated coverage, or relatively comparable coverage, are unavailable on reasonable commercial terms, Supplier Purchaser will provide Purchaser Supplier detailed information as to the maximum amount of available coverage that it is able to purchase and will be required to obtain PurchaserSupplier’s consent as to the adequacy of said coverage under the circumstances at the time, which consent shall not be unreasonably withheld or delayed.