Failure to Maintain Insurance definition

Failure to Maintain Insurance. All insurance specified above shall remain in force until all work to be performed is satisfactorily completed and the work has been formally accepted. The failure to procure or maintain required insurance and/or an adequately funded self-insurance program will constitute a material breach in of this Contract. Occurrence Coverage – Insurance shall be provided on an occurrence basis and not a claim-made basis. Deductibles and Retentions – Contractor shall be responsible for payment of any deductible or retention on Contractor’s policies without right of contribution from
Sample 1
Failure to Maintain Insurance. All insurance specified above shall remain in force until all work to be performed is satisfactorily completed and the work has been formally accepted. The failure to procure or maintain required insurance and/or an adequately funded self-insurance program will constitute a material breach in of this Contract. Occurrence Coverage – Insurance shall be provided on an occurrence basis and not a claim-made basis. Deductibles and Retentions – Seller shall be responsible for payment of any deductible or retention on Contractor’s policies without right of contribution from the City of Nashua. EXHIBIT C - FORMS THE FOLLOWING PAGES MUST BE FILLED FTA BUS TESTING CERTIFICATION
Sample 1

Examples of Failure to Maintain Insurance in a sentence

  • Failure to Maintain Insurance Failure of the Provider to comply with required coverage and terms and conditions outlined herein will not limit Provider’s liability or responsibility nor does it relieve Provider of the obligation to provide insurance as specified in this Agreement.

  • Failure to Maintain Insurance / Failure to Provide Certificate(s) of Insurance.

  • Contractor’s Failure to Maintain Insurance – If the Contractor fails to maintain the required insurance, the City of Bryan shall have the right, but not the obligation, to withhold payment to Contractor until coverage is reinstated or to terminate the Contract.

  • Failure to Maintain Insurance Exclusion It is hereby understood and agreed that the insurer shall not be liable to make any payments for loss in connection with any claim alleging, arising out of, based upon or attributable to any failure or omission on the part of the insured or the agency to effect and maintain insurance or adequate insurance.

  • Contractor’s Failure to Maintain Insurance – If the Contractor fails to maintain the required insurance, the City/BTU shall have the right, but not the obligation, to withhold payment to Contractor until coverage is reinstated or to terminate the Contract.

  • Contractor’s Failure to Maintain Insurance - If the Contractor fails to maintain the required insurance, the City shall have the right, but not the obligation, to withhold payment to Contractor until coverage is reinstated or to terminate the Contract.

  • Failure to Maintain Insurance Coverage: If Vendor, for any reason, fails to maintain the required insurance coverage, the same shall be deemed a material breach of contract.

  • The following provisions shall survive the expiration or earlier termination of this Contract: 4.9 (Existing Tenants), 4.12.5 (Impact on Waters), 4.12.12 (Chapter 104, HRS), 4.14 (Publicity and Project Signage), 4.19 (Observation of Laws, Ordinances and Regulations), 4.22 (Notice of Claims),4.24 (Hazardous Materials), 4.26 (Compliance with CDBG Requirements), 8.3 (Submittals to the City Upon Completion of Construction), 9.1 (Indemnity), 9.2.9 (Failure to Maintain Insurance).

  • Failure to Maintain Insurance: If the tenant’s coverage for their independently self-procured tenant liability insurance is lapsed by either non-payment or non-renewal after lease execution, RentWerx San Antonio will place that tenant under this program by default for $12.00 per month plus a one-time $75.00 set-up fee.

  • Licensee interferes with the City’s operations in violation of Section 27.4.1 (Licensee’s Obligation Not to Cause Interference).17.1.6 Failure to Maintain Insurance.

Related to Failure to Maintain Insurance

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Type of insurance means coverage afforded under the particular policy that is being placed.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • Self-insurance means the licence holder's financial capacity to meet any liability to a third party in respect of which the licence holder does not otherwise have insurance.

  • Force-Placed Insurance shall have the meaning set forth in Section 4.4.

  • Insured means the Executive.

  • Independently procured insurance means insurance procured under Section 31A-15-104.

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Insurance carrier means every insurance carrier duly

  • Sound means an oscillation in pressure, particle displacement, particle velocity or other physical parameter, in a medium with internal forces that cause compression and rarefaction of that medium. The description of sound may include any characteristic of such sound, including duration, intensity and frequency.