Terms of Insurance. Insurance required shall be with companies qualified to do business in the State of Colorado with a general policyholder's financial rating of not less than "A" as set forth in the most current edition of "Best's Insurance Reports" and may provide for deductible amounts as Consultant may deem to be reasonable for the Services. No such policies shall be cancelable except after thirty (30) days prior written notice to County. Consultant shall not do nor permit to be done anything that shall invalidate the insurance policies referred to in this section and Consultant shall immediately advise County in writing if a reduction in coverage or other modification of the insurance coverage occurs. The policy described in (a) above shall be for the mutual and joint benefit and protection of Consultant and County. Such policies shall contain a provision that County, although named as an additional insured, shall nevertheless be entitled to recovery under such policy for any loss occasioned to it, its servants, agents, citizens, and employees by reason of negligence of Consultant. Such policy shall be written as a primary policy not contributing to and not in excess of coverage which County may carry.
Terms of Insurance. The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Lessee will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall:
Terms of Insurance. (i) Insurance required by this Agreement shall be with companies qualified to do business in the State of Colorado with a general policyholder’s financial rating of not less than A+3A as set forth in the most current edition of “Best’s Insurance Reports” and may provide for deductible amounts as Contractor deems reasonable for the Construction Services. No such policies shall be cancelable or subject to reduction in coverage limits or other modification except after 30 days prior written notice to the Town. Contractor shall identify whether the type of coverage is “occurrence” or “claims made.” If the type of coverage is “claims made,” which at renewal Contractor changes to “occurrence,” Contractor shall carry a six-month tail. Contractor shall not do or permit to be done anything that shall invalidate the policies.
Terms of Insurance. The insurance contract and its benefits are understood to be in effect from September 1, 2022 to August 31, 2026.
Terms of Insurance. 14.4.1 The Private Party shall maintain the aforementioned insurances on the best terms available in the domestic insurance market which are authorised by the relevant State authorities to provide the respective coverage.
Terms of Insurance. 69.3.1 The Service Provider must:
Terms of Insurance. The policies required under Sections 6.2 and 6.3 shall name Colonial or PTI, as applicable, as additional insured(s). Each party shall provide to the other party certificates of insurance and copies of policies obtained by the insuring party hereunder promptly upon the request of the other party. All policies of insurance obtained by a party pursuant to Sections 6.2 or 6.3, as applicable, also:
Terms of Insurance. The services provided under the Insurance Agreement and the Warranty Agreement shall be performed by the respective providers listed in these agreements. Under no circumstances shall Gowago assume any obligations arising therefrom. Any liability by Gowago in relation to the Insurance Agreement and the Warranty Agreement, including in the event of the termination thereof, is excluded. The Insurance Agreement and the Warranty Agreement each constitute a different contractual relationship separate from each other and the All-in-one contract. Any termination of the Insurance Agreement or the Warranty Agreement shall be done in accordance with the terms and conditions set out in these respective agreements. In the event of the termination of the Insurance Agreement or the Warranty Agreement, Gowago reserves the right to terminate the All-in-one contract with immediate effect, or to maintain the All-in-one contract, modifying the monthly payment amounts.
Terms of Insurance. (a) The insurance obtained by City pursuant to this Agreement shall be provided in accordance with the following terms and conditions:
Terms of Insurance. 16 6.5 FAILURE TO MAINTAIN INSURANCE..................................... 17 6.6 BLANKET POLICIES; SELF-INSURANCE.................................. 17
