Common use of Third Party Vendors Clause in Contracts

Third Party Vendors. All third party vendors with whom Property Manager contracts on behalf of Owner shall be required to submit certificates of insurance evidencing that such vendor carries at least $1,000,000 in comprehensive general liability insurance and such workers compensation insurance as may be required by statute in the state in which the Property is located. If required by other provisions of this Agreement, Owner shall be added as an additional named insured on such policies of insurance.

Appears in 8 contracts

Samples: Property Management Agreement (Dividend Capital Total Realty Trust Inc.), Property Management Agreement (Dividend Capital Total Realty Trust Inc.), Property Management Agreement (Dividend Capital Total Realty Trust Inc.)

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Third Party Vendors. All Upon the request of an Owner, all third party vendors with whom Property Manager contracts on behalf of an Owner for services in excess of Five Thousand Dollars ($5,000) shall be required to submit certificates of insurance naming an Owner as an additional insured, evidencing that such vendor carries at least One Million Dollars ($1,000,000 1,000,000) in comprehensive general liability insurance and such workers compensation insurance as may be required by statute in the state in which the Property is located. If required by other provisions of this Agreement, Owner shall be added as an additional named insured on such policies of insurance.

Appears in 6 contracts

Samples: Management and Leasing Agreement (Retail Value Inc.), Management and Leasing Agreement (Retail Value Inc.), Management and Leasing Agreement (Retail Value Inc.)

Third Party Vendors. All third party vendors with whom Property Manager contracts on behalf of Owner shall be required to submit certificates of insurance evidencing that such vendor carries at least $1,000,000 in comprehensive general liability insurance and such workers compensation insurance as may be required by statute in the state in which the Property is located. If required by other provisions of this Agreement, Owner shall be added as an additional named insured on such policies of insurance.. Initials: PM Owner

Appears in 1 contract

Samples: Property Management Agreement (Dividend Capital Total Realty Trust Inc.)

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Third Party Vendors. All third party vendors with whom Property Manager contracts on behalf of Owner shall be required to submit certificates of insurance evidencing that such vendor carries at least $1,000,000 in comprehensive general liability insurance and such workers compensation insurance as may be required by statute in the state in which the Property is located. If required by other provisions of this Agreement, Owner shall be added as an additional named insured on such policies of insurance.. Initials: PM /s/ RY Owner

Appears in 1 contract

Samples: Property Management Agreement (Dividend Capital Total Realty Trust Inc.)

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