Common use of County’s Cooperation Clause in Contracts

County’s Cooperation. (a) The County will cooperate fully with the School Board in filing any proof of loss or taking any other action under this Lease. Except as and to the extent provided in subsection (b), in no event will the County or the School Board voluntarily settle, or consent to the settlement of, any proceeding arising out of any insurance claim with respect to the Leased Property without the other's written consent. (b) In the case of a proceeding as to which amounts are to be paid out by the County or the School Board, either party may settle or consent to settlement without the other’s consent if the amount of the settlement (i) is less than $50,000 or (ii) is to be paid entirely by insurance providers or other third parties.

Appears in 1 contract

Sources: Project Completion and Agency Agreement

County’s Cooperation. (a) The County will cooperate fully with the School Board Community College in filing any proof of loss or taking any other action under this Lease. Except as and to the extent provided in subsection (b), in no event will the County or the School Board Community College voluntarily settle, or consent to the settlement of, any proceeding arising out of any insurance claim with respect to the Leased Property without the other's written consent. (b) In the case of a proceeding as to which amounts are to be paid out by the County or the School BoardCommunity College, either party may settle or consent to settlement without the other’s consent if the amount of the settlement (i) is less than $50,000 or (ii) is to be paid entirely by insurance providers or other third parties.

Appears in 1 contract

Sources: Lease