COVERAGE TERMS. All coverages shall be written through insurers authorized to transact business in the states of operation and reasonably satisfactory and acceptable to both parties. Each party shall be added as an additional insured, and subrogation as to the policies of the other party shall be waived as applicable. All policies will be endorsed to provide not less than 30 days' written notice of cancellation, termination, nonrenewal or material change in the policy. Each party will furnish the other party certificates of insurance evidencing compliance with the requirements of Section 9.1.
Appears in 5 contracts
Samples: Option Agreement (U S Liquids Inc), Now Payment Agreement (U S Liquids Inc), Option Agreement (Newpark Resources Inc)
