Common use of Terms of Insurance Policies Clause in Contracts

Terms of Insurance Policies. In addition to the requirements set out above, the Contractor must cause (or procure in the case of its Sub-Contractors) that each of the Insurances to be taken out are taken out on terms under which the insurer waives all rights of subrogation or action against VicForests except in the event of negligent or wilful misconduct by VicForests.

Appears in 9 contracts

Samples: Linked Haulage Agreement, Harvest Agreement, Linked Harvest Agreement

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Terms of Insurance Policies. In addition to the requirements set out above, the Contractor must cause (or procure in the case of its Sub-Contractors) that each of the Insurances to be taken out are taken out out: (a) with an insurer that is acceptable to VicForests; and (b) on terms (including any excess) which are acceptable to VicForests and under which the insurer waives all rights of subrogation or action against VicForests except in the event of negligent or wilful misconduct by VicForests.

Appears in 2 contracts

Samples: Contractor Agreement, Contractor Agreement

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