Authority's Right to Terminate, Modify, or Not Procure. Any insurance procured by the Authority is solely for the Authority's benefit and is not intended to replace or supplement any insurance coverage which otherwise would have been maintained by the company. Authority is not obligated to procure any insurance pursuant to these requirements and retains the right, at its sole discretion, to terminate any such insurance which might be procured by the Authority.
Appears in 19 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
