Termination, Renewal and Additional Insurance. No policy of insurance required under this Agreement shall be cancellable or subject to non-renewal or modification except after thirty (30) days prior written notice to the Port. Airline shall at least thirty (30) days prior to the expiration, cancellation, non-renewal or modification of such policies, furnish the Port with evidence of renewals or “insurance binders” evidencing renewal thereof. In the event of cancellation of any required insurance at any time during the Term, or any change not reasonably acceptable to the Port, including an erosion in available limits below those specified in this Article 14, the Port reserves the right, after consultation with Airline, to provide additional insurance and charge the cost of any premiums for such coverage to the Airline. The Port’s right under this Section 14.5 includes, but is not limited to, the Port purchasing higher limits for its own insurance program to account for an erosion in limits by Airline.
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Samples: Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement
