Insured Retentions. Self-insured retentions must be declared to and approved by the City. The City may require the Contractor to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- insured retention may be satisfied by either the named insured or City.
Appears in 2 contracts
Samples: Attachment A, Attachment A
Insured Retentions. Self-insured retentions must be declared to and approved by the City. The City may require the Contractor to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- insured retention may be satisfied by either the named insured or City.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Insured Retentions. Self-insured retentions must be declared to and approved by the City. The City may require the Contractor Developer to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- self-insured retention may be satisfied by either the named insured or City.
Appears in 1 contract
Samples: Predevelopment Agreement
Insured Retentions. Self-insured retentions must be declared to and approved by the City. The City may require the Contractor SUB- RECIPIENT to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- insured retention may be satisfied by either the named insured or City.
Appears in 1 contract
Samples: pasadenapartnership.org
Insured Retentions. Self-insured retentions must be declared to and approved by the City. The At the option of the City, Agency shall provide coverage to reduce or eliminate such self-insured retentions as respects the City, its officers, officials, employees, and volunteers; or Agency shall provide evidence satisfactory to the City may require the Contractor to purchase coverage with a lower retention or provide proof guaranteeing payment of ability to pay losses and related investigations, claim administration, and defense expenses within the retentionexpenses. The policy language shall provide, or be endorsed to provide, that the self- self-insured retention may be satisfied by either the named insured or City.
Appears in 1 contract
Samples: Agreement for Operation
Insured Retentions. Self-insured retentions must be declared by Consultant to and approved by the City. The At the option of the City, Consultant shall provide coverage to reduce or eliminate such self-insured retentions as respects the City, its officers, officials, employees, and volunteers; or the consultant shall provide evidence satisfactory to the City may require the Contractor to purchase coverage with a lower retention or provide proof guaranteeing payment of ability to pay losses and related investigations, claim administrationadministrations, and defense expenses within the retentionexpenses. The policy language shall provide, or be endorsed to provide, that the self- self-insured retention may be satisfied by either the named insured or City.
Appears in 1 contract
Samples: Agreement