Acceptance of Bonds and Insurance; Option to Replace Sample Clauses

Acceptance of Bonds and Insurance; Option to Replace. If either Owner or Contractor has any objection to the coverage afforded by or other provisions of the Bonds or insurance required to be purchased and maintained by the other party in accordance with Article 4 on the basis of non- conformance with the Contract Documents, the objecting party shall so notify the other party in writing within ten (10) days after receipt of the certificates of insurance required herein (or other evidence requested). Owner and Contractor shall each provide to the other such additional information in respect of insurance provided as the other may reasonably request. If either party does not purchase or maintain all of the Bonds and insurance required of such party by the Contract Documents, such party shall notify the other party in writing of such failure to purchase prior to the start of the Work, or of such failure to maintain prior to any change in the required coverage. Without prejudice to any other right or remedy, the other party may elect to obtain equivalent Bonds or insurance to protect such other party's interests at the expense of the party who was required to provide such coverage, and a Change Order shall be issued to adjust the Contract Price accordingly.
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Acceptance of Bonds and Insurance; Option to Replace. If City has any objection to the coverage afforded by or other provisions of the bonds or insurance required to be purchased and maintained by the Contractor in accordance with Article 5 on the basis of non-conformance with the Contract Documents, the City shall so notify the Contractor in writing within 10 Business Days after receipt of the certificates (or other evidence requested). Contractor shall provide to the City such additional information in respect of insurance provided as the City may reasonably request. If Contractor does not purchase or maintain all of the bonds and insurance required by the Contract Documents, the City shall notify the Contractor in writing of such failure prior to the start of the Work, or of such failure to maintain prior to any change in the required coverage.
Acceptance of Bonds and Insurance; Option to Replace. 7.7.1 If either party has any objection to the coverage afforded by or other provisions of the Bonds or insurance required to be purchased and maintained by the other party in accordance with Article 7 on the basis of their not complying with the Contract Documents, the objecting party shall so notify the other party in writing within ten days after receipt of the certificates. Owner and Design Builder shall each provide to the other such additional information in respect of insurance provided as the other may reasonably request. If either party does not purchase or maintain all of the Bonds and insurance required of such party by the Contract Documents, such party shall notify the other party in writing of such failure to purchase prior to the start of the Work, or of such failure to maintain prior to any change in the required coverage. Without prejudice to any other right or remedy, the other party may elect to obtain equivalent Bonds or insurance to protect such other party's interests at the expense of the party who was supposed to provide such coverage, and a Change Order or Written Amendment shall be issued to adjust the Contract Price accordingly.
Acceptance of Bonds and Insurance; Option to Replace. A. If either party has any objection to the coverage afforded by or other provisions of the Bonds or insurance required to be purchased and maintained by the other party in accordance with Article 5 on the basis of their not complying with the Contract Documents, the objecting party shall so notify the other party in writing within ten days after receipt of the certificates (or other evidence requested) required by paragraph 2.04.B. OWNER and DESIGN/BUILDER shall each provide to the other such additional information in respect of insurance provided as the other may reasonably request. If either party does not purchase or maintain all of the Bonds and insurance required of such party by the Contract Documents, such party shall notify the other party in writing of such failure to purchase prior to the start of the Work, or of such failure to maintain prior to any change in the required coverage. Without prejudice to any other right or remedy, the other party may elect to obtain equivalent Bonds or insurance to protect such other party's interests at the expense of the party who was supposed to provide such coverage, and a Change Order or Written Amendment shall be issued to adjust the Contract Price accordingly.
Acceptance of Bonds and Insurance; Option to Replace. If Owner has any objection to the coverage afforded by or other provisions of the Bonds or insurance required to be purchased and maintained by Contractor in accordance with Article 5 on the basis of their not complying with the Contract Documents, Owner shall so notify Contractor in writing after receipt of the certificates (or other evidence requested) required by paragraph 2.4.B. Contractor shall provide to Owner such additional information in respect of insurance provided as Owner may reasonably request. If Contractor does not purchase or maintain all of the Bonds and insurance required by the Contract Documents, Contractor shall notify Owner in writing of such failure to purchase prior to the start of the Work, or of such failure to maintain prior to any change in the required coverage. Without prejudice to any other right or remedy, Owner may elect to obtain equivalent Bonds or insurance to protect Contractor’s interests at Contractor’s sole cost and expense, and a Change Order shall be issued to adjust the Contract Price accordingly.
Acceptance of Bonds and Insurance; Option to Replace. If City has any objection to the coverage afforded by or other provisions of the bonds or insurance required to be purchased and maintained by LIT in accordance with Article 5 on the basis of non-conformance with the Construction Documents, the City shall so notify LIT in writing within 10 Business Days after receipt of the certificates (or other evidence requested). LIT shall provide to the City such additional information in respect of insurance provided as the City may reasonably request. If LIT does not purchase or maintain all of the bonds and insurance required by the Construction Documents, the City shall notify LIT in writing of such failure prior to the start of the Work, or of such failure to maintain prior to any change in the required coverage.
Acceptance of Bonds and Insurance; Option to Replace. A. If Owner has any objection to the coverage afforded by or other provision of the insurance required to be purchased and maintained by Contractor in accordance with this Article 5 on the basis of its not complying with the Contract Documents, Owner will notify Contractor in writing there of within ten days of the date of delivery of such certificate to Owner in accordance with Paragraph 2.01. Contractor will provide such additional information in respect of insurance provided by Contractor as Owner may reasonably request.
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Acceptance of Bonds and Insurance; Option to Replace. A. If Owner has any objection to the coverage afforded by or other provisions of the Bonds or insurance required to be purchased and maintained by DB Entity in accordance with Article 5 on the basis of their not complying with the Contract Documents, Owner shall notify DB Entity in writing within ten days after receipt of the certificates and insurance declaration page(s) required by Paragraph 2.01. DB Entity shall provide to Owner such additional information in respect of insurance provided as Owner may reasonably request. If DB Entity does not maintain all of the Bonds and insurance required by the Contract Documents, and without prejudice to any other right or remedy, Owner shall have the right to terminate DB Entity for cause under Paragraph 14.02.
Acceptance of Bonds and Insurance; Option to Replace. A. Owner shall review the coverage afforded by or other provisions of the insurance required to be purchased or maintained by Construction Manager after delivery of insurance certificates to Owner in accordance with Paragraph 2.01B of the General Conditions. Construction Manager shall furnish to the Owner such additional information in respect to insurance provided by Construction Manager as the Owner may reasonably request. Review of Insurance Policies or Insurance Certificates by the Owner shall not relieve or decrease the liability of the Construction Manager hereunder. In case of a breach by Construction Manager of any insurance provision stated in the Contract Documents, the Owner at its option may take out and maintain, at the expense of the Construction Manager, such insurance as the Owner may deem proper and Owner may deduct the cost of such insurance from any monies which may be due or become due the Construction Manager under this Contract. All the policies of insurance (or the certificates or other evidence thereof) required to be purchased and maintained by Construction Manager shall contain the name of the Project.
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