Conditions Concerning Insurance Carriers Sample Clauses

Conditions Concerning Insurance Carriers. Insurance companies issuing policies required in this Lease Agreement shall be qualified to do business in New Jersey and shall have a financial rating of A12 or better according to "Best's Insurance Reports, Fire and Casualty," edition current at the inception date of each policy. To the extent permissible by law, all insurance policies required to be furnished by the Lessee hereunder shall name both Lessee and Lessor (and mortgagees, if any) as named insureds and each such policy shall be non-cancellable with respect to Lessor without thirty (30) days written notice to the Lessor. The policy or policies of insurance or certified copies thereof shall be delivered to Lessor, together with evidence of the payment of the premiums therefor, not less than fifteen (15) days prior to the commencement of the term of this Lease Agreement or the date when the Lessee shall enter into possession of the Demised Premises, whichever occurs sooner. At least fifteen (15) days prior to the expiration or termination date of any policy, Lessee shall deliver a renewal or replacement policy with proof of the payment of the premium therefor; provided, however, that in the event that Lessee cannot deliver a renewal or replacement policy within such period, Lessee shall deliver to Lessor a binder or certificate of insurance as soon as possible.
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Conditions Concerning Insurance Carriers. 15 7.4 Risk of Loss......................................................... 16
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Conditions Concerning Insurance Carriers. Insurance companies issuing policies required in this Lease shall be qualified to do business in New Jersey and shall have a financial rating of A12 or better according to "Best's Insurance Reports, Fire and Casualty," edition current at the inception date of each policy. To the extent permissible by law, all insurance policies required to be furnished by the Obligated Party hereunder shall name Cogen, BI and IMTT (and mortgagees, if any) as named insureds and each such policy shall be noncancellable with respect to the non-Obligated Party without thirty (30) days written notice to the non- Obligated Party. The policy or policies of insurance or certified copies thereof shall be delivered to the non-Obligated Party, together with evidence of the payment of the premiums therefor, not less than fifteen (15) days prior to the commencement of the term of this Lease or the date when IMTT shall enter into possession of the Steam Producing Facilities, whichever occurs sooner. At least fifteen (15) days prior to the expiration or termination date on any policy, the Obligated Party shall deliver a renewal or replacement policy with proof of the payment of the premium therefor; provided, however, that in the event that the non-Obligated Party cannot deliver a renewal or replacement policy within such period, the obligated Party shall deliver to the non- Obligated Party a binder or certificate of insurance as soon as possible.
Sample 1
Conditions Concerning Insurance Carriers. Insurance companies issuing policies required in this Agreement shall be qualified to do business in New Jersey and shall have a financial rating of A12 or better according to "Best's Insurance Reports, Fire and Casualty," edition current at the inception date of each policy. All insurance policies required to be furnished by the Parties hereunder shall name both Seller and Buyer (and mortgagees if any) as named insureds and each such policy shall be non-cancellable with respect to either Party without sixty (60) days written notice to that Party. The policy or policies of insurance shall be delivered to each Party together with evidence of the payment of the premiums therefor, not less than fifteen (15) days prior to the commencement of the term of the Lease Agreement or the date when the Seller shall enter into possession of the Leased Premises, whichever occurs sooner. At least fifteen (15) days prior to the expiration or termination date of any policy, each Party shall deliver a renewal or replacement policy with proof of the payment of the premium therefor.
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Related to Conditions Concerning Insurance Carriers

  • Insurance Carriers All PSP’s insurance shall be issued by insurance carriers authorized to do business in Texas at the time the policy is issued (and at all times during the term of this Agreement) and rated by A.M. Best Company as A-VII or better, confirmed by one or more insurance certificates conforming to the following requirements:

  • CONTRACTOR’S INSURANCE REQUIREMENTS The insurance requirements of this Contract are set forth in Appendix J and, if applicable, Appendix J.1.

  • Deductibles and Self-Insurance Retentions Any deductibles or self-insured retentions must be declared to and approved by the City. The City may require the Consultant to provide proof of ability to pay losses and related investigation, claims administration and defense expenses within the deductible or self-insured retention. The deductible or self-insured retention may be satisfied by either the named insured or the City.

  • Contractor Insurance Requirements When performing Work on property in the care, custody, or control of the Judicial Council, the Contractor shall maintain all commercial general liability insurance, workers’ compensation insurance, and any other insurance the Judicial Council deems appropriate under the Agreement. Upon request from the Judicial Council, the Contractor shall furnish an insurance certificate evidencing required insurance coverage acceptable to the Judicial Council. The Contractor may also be required to have the Judicial Council shown as an additional insured on selected policies.

  • Review of insurance requirements The Security Trustee shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners or the Ships and their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

  • Professional Indemnity Insurance A policy of insurance to cover claims made against the insured for: civil liability for breach of professional duty (whether owed in contract or otherwise); and unintentional breaches of third party intellectual property, by the Contractor or its subcontractors in carrying out the Contractor's Activities.

  • Railroad Protective Liability Insurance with policy limits of not less than « » ($ « » ) per claim and « » ($ « » ) in the aggregate, for Work within fifty (50) feet of railroad property.

  • Changes in Insurance Requirements Not more frequently than once annually, if in the opinion of District the amount of the foregoing insurance coverages is not adequate or the type of insurance or its coverage adequacy is deemed insufficient, Contractor shall amend the insurance coverage as required by District's Risk Manager or designee.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

  • Insurance and Fingerprint Requirements Information Insurance If applicable and your staff will be on TIPS member premises for delivery, training or installation etc. and/or with an automobile, you must carry automobile insurance as required by law. You may be asked to provide proof of insurance. Fingerprint It is possible that a vendor may be subject to Chapter 22 of the Texas Education Code. The Texas Education Code, Chapter 22, Section 22.0834. Statutory language may be found at: xxxx://xxx.xxxxxxxx.xxxxx.xxxxx.xx.xx/ If the vendor has staff that meet both of these criterion: (1) will have continuing duties related to the contracted services; and (2) has or will have direct contact with students Then you have ”covered” employees for purposes of completing the attached form. TIPS recommends all vendors consult their legal counsel for guidance in compliance with this law. If you have questions on how to comply, see below. If you have questions on compliance with this code section, contact the Texas Department of Public Safety Non-Criminal Justice Unit, Access and Dissemination Bureau, FAST-FACT at XXXX@xxxxx.xxxxx.xx.xx and you should send an email identifying you as a contractor to a Texas Independent School District or ESC Region 8 and TIPS. Texas DPS phone number is (000) 000-0000. See form in the next attribute to complete entitled: Texas Education Code Chapter 22 Contractor Certification for Contractor Employees

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