Insurance obligation definition
Examples of Insurance obligation in a sentence
Insurance obligation will transfer from consignor to Collectable, once the Consignment Agreement is completed.
If Citi elects to self-insure, then, (1) with respect to any claims which may result from incidents occurring during the Term, such Self Insurance obligation shall survive the expiration or earlier termination of this Agreement to the same extent as the insurance required would survive, and (2) any cancellation of such Self-Insurance or any reduction in such Self-Insurance below the level required by Section 11(b)(vi)(A) shall be deemed a breach of this Agreement by Citi.
The Insurance obligation for that portion of the building occupied by the Lessee shall also be billed at the same time as the real estate taxes or in other words, two bill▇▇▇▇ ▇▇▇ing the lease period.
It shall include contractual liability coverage for the defense, indemnity, and hold harmless promises outlined in this Agreement; alternatively, it may fulfill this General Liability Insurance obligation by membership in a risk management pool authorized by law, with a coverage agreement providing such liability coverage terms and benefits at least as protective as those outlined in this section (“risk pool coverage agreement”).
If Lessee elects to self-insure, then, with respect to any claims which may result from incidents occurring during the construction, such Self Insurance obligation shall survive the expiration or earlier termination of this Lease to the same extent as the insurance required would survive.
Such Customer Insurance obligation will not in any way limit the ultimate liability of Customer hereunder.
If Lessee elects to self-insure, then, with respect to any claims which may result from incidents occurring during the Term, such Self Insurance obligation shall survive the expiration or earlier termination of this Lease to the same extent as the insurance required would survive.
Article 10.2 Representatives Article 14.1 Insurance obligation Article 9.7 Young person wages Article 1.2.2. Overtime commences Article 2.2 Notice of termination Article 13.1.
Where permitted by law, Operator may fulfill its Auto Liability Insurance obligation through a program of self-assumption of risk and shall charge Company published rates, from a licensed insurer of its choice, in the applicable State of operation for the vehicles used in performance of this Agreement.