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, Xxxxxx 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:
a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry;
b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;
c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and
d) not have a deductible in excess of $20,000.00.
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.
(ii) The policies described in subparagraphs a. and b. above shall be for the mutual and joint benefit and protection of Contractor and the Town. Such policies shall provide that the Town, although named as an additional insured, shall nevertheless be entitled to recovery under said policies for any loss occasioned to it, its officers, employees, and agents by reason of negligence of Contractor, its officers, employees, agents, subcontractors, or business invitees. Such policies shall be written as primary policies not contributing to and not in excess of coverage the Town may carry.
Terms of Insurance. The insurance contract and its benefits are understood to be in effect from September 1, 2016 to August 31, 2018.
Terms of Insurance. (i) Without limiting any of Sublessee's obligations hereunder, any policies carried in accordance with Section 9(a) of this Sublease covering the Aircraft or the Engines and any policies taken out in substitution or replacement for any such policies shall:
(A) insure the interests of, and name as additional insureds, each Indemnitee (the "Additional Insureds") and provide that the Additional Insureds bear no liability for the payment of premiums;
(B) provide that if the insurers cancel such insurance for any reason whatever, or the same is allowed to lapse for nonpayment of premium, or if there is any alteration, termination, or cancellation (whether by Sublessee or any other Person and for whatever reason) of the insurance, such cancellation, lapse, alteration, termination or cancellation shall not be effective as to the Additional Insureds for thirty (30) days (with respect to war risk insurance seven (7) days or the maximum shorter or longer period available in the market for any portion of the required war risk coverage) after receipt by such Additional Insureds of notice from such insurers thereof;
(C) provide that in respect of the interest of Sublessor and each other Additional Insured in such policies, such insurance shall not be invalidated by any action or inaction of Sublessee or any other Person and shall insure Sublessor's and the Additional Insureds' interests, regardless of any breach or violation by Sublessee or any other Person of any warranties declarations or conditions contained in such policies;
(D) Shall contain a waiver by the insurers of (i) all rights of subrogation against any and all of the Additional Insureds and (ii) any rights of set-off, counterclaim or any other deductions whether by attachment or otherwise, which they may have against any Additional Insured;
(E) shall by primary and without right of contribution from any other insurance carried by any of the Additional Insureds, and shall expressly provide that all of the provisions provide that all of the provisions thereof (except limits of liability) shall operate in the same manner as if there were a separate policy covering each Additional Insured; and
(F) shall, with respect to hull risk, hull war risk and allied perils insurance, include a 50%-50% provision.
(ii) Any policies carried in accordance with Section 9(b) of this Sublease covering the Aircraft or the Engines and any policies taken out in substitution or replacement for any such policies shall:
(A) insure th...
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.
14.4.2 Unless SANParks agrees otherwise such terms shall include:
14.4.2.1 waiver of subrogation against SANParks, its agents, servants, officers, employees and contractors;
14.4.2.2 a provision whereby the insurance shall apply to each of the insured as if a separate policy had been issued to each of them other than in the event of exhaustion of the sum insured or limit or indemnity;
14.4.2.3 a breach of a condition or warranty/severability/non-vitiation provisions acceptable to SANParks or if such provisions are not generally available in equivalent policies written in the South African insurance market, each of the Private Party and the Contractor(s) (if any) shall covenant, for the duration of such non-availability, with SANParks in writing that it will not make any misrepresentations to, or breach any condition or warranty made to, the insurer or take or omit to take any action which would cause the relevant insurance policy to fail;
14.4.2.4 a provision which requires the insurer to send copies of all notices of cancellation or any other notices given under or in relation to the policy to SANParks;
14.4.2.5 a provision whereby the policy shall only be cancelled subject to 90 (ninety) Business Days’ notice, or 30 (thirty) Business Days’ notice in respect of non-payment of premium;
14.4.2.6 a provision that a notice of claim given to the insurer by SANParks in respect of the Private Party or any other insured under the policy, shall, in the absence of manifest error, be accepted by the insurer as valid notification of a claim in respect of the interests of all insured parties, a copy of which must be given to the other of them and any other insured; and
14.4.2.7 a provision that such insurance shall be primary and no other policy shall be called into contribution.
Terms of Insurance. 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:
(a) shall be written by responsible insurance companies reasonably acceptable to the other party having a Best's rating of "A-VIII" or better;
(b) shall be written as primary policies with respect to losses arising out of the acts or omissions of the named insured not contributing with and not in excess of any coverage that the other party may carry;
(c) shall contain an endorsement providing that the amount of coverage will not be reduced with respect to any party except after thirty (30) days' prior written notice from the insurance company to the other party and such coverage may not be cancelled with respect to any party (including, without limitation, for non-payment of premium) except after thirty (30) days' prior written notice from the insurance company to the other party;
(d) shall contain, if obtainable, a statement that the insurance shall not be invalidated should any insured waive in writing prior to a loss any or all right of recovery against any party for loss accruing to the property described in the insurance policy; and
(e) shall contain, if obtainable, a provision that no act or omission of the party procuring such insurance shall affect or limit the obligation of the insurance carrier to pay the amount of any loss sustained.
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:
(i) City must provide SaskPower with a duly authorized certificate of insurance certifying that the coverage required by this schedule is in effect and all policies will endeavor to provide SaskPower at least thirty (30) days' written notice of cancellation; and
(ii) City will be responsible for and shall pay all deductibles, penalties, and adjustments for insurance provided pursuant to this schedule, which expense shall, for greater certainty, be at the cost to City and not reimbursed by SaskPower.
(b) The insurance obtained by SaskPower pursuant to this Agreement shall be provided in accordance with the following terms and conditions:
(i) SaskPower must provide the City with a duly authorized certificate of insurance certifying that the coverage required by this schedule is in effect and all policies will endeavor to provide the City at least thirty (30) days' written notice of cancellation; and
(ii) SaskPower will be responsible for and shall pay all deductibles, penalties, and adjustments for insurance provided pursuant to this schedule, which expense shall, for greater certainty, be at the cost to SaskPower and not reimbursed by the City.
