Common use of Contracts and Subcontracts Clause in Contracts

Contracts and Subcontracts. In addition to the foregoing, Aladdin Gaming shall include, and shall cause its contractors and subcontractors to include, in each contract or subcontract a provision that the contractor or subcontractor shall procure and maintain the insurance coverage set forth in SECTION I(A), (B) and (C) above. GE Capital may require that such limits be increased with respect to any particular contract based upon the services to be performed. All such contracts must contain a waiver of subrogation rights against Aladdin Gaming and GE Capital, contractual indemnification in favor GE Capital and Aladdin Gaming and must state that coverage (except for Workers' Compensation coverage) carried in primary with respect to any other policies carried by Aladdin Gaming and GE Capital and such insurance shall name Aladdin Gaming and GE Capital as additional insureds. Such insurance shall continue in force until all of the obligations of such contractor or subcontractor are fulfilled. Prior to the commencement of any work under the applicable contract or subcontract, Aladdin Gaming shall obtain and forward to GE Capital proper evidence of such insurance from such contractors and subcontractors. b. Ground

Appears in 2 contracts

Sources: Facilities Agreement (Aladdin Capital Corp), Facilities Agreement (Aladdin Gaming Enterprises Inc)