Common use of Developer's Obligation Clause in Contracts

Developer's Obligation. Developer agrees to obtain all insurance coverage with minimum limits of not less than the limits delineated under Section 9.3 of this Article from each general contractor of Developer and Certificate of Insurance and Endorsements that names the Developer and the City as an additional insured; provided, however, that the professional liability coverage shall be provided by Developer’s design consultants. It is understood and agreed that the insurance required is in addition to and separate from any other obligation in the Agreement. Developer and any general contractors are responsible for all damages to their own equipment and/or property. Developer must provide City current proof of insurance for all projects and applicable contracts and agreements executed pursuant to Agreement.

Appears in 8 contracts

Samples: Broadway East by Encore Development Agreement, Project Development Agreement, Funding Agreement

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Developer's Obligation. Developer agrees to obtain all insurance coverage with minimum limits of not less than the limits delineated under Section 9.3 of this Article from each general contractor of subcontractor to Developer and Certificate of Insurance and Endorsements that names the Developer and the City as an additional insured; provided, however, that the professional liability coverage shall be provided by Developer’s design consultants. It is understood and agreed that the insurance required is in addition to and separate from any other obligation in the Agreement. Developer and any general contractors subcontractors are responsible for all damages to their own equipment and/or property. Developer must provide City current proof of insurance for all projects and applicable contracts and agreements executed pursuant to Agreement.

Appears in 5 contracts

Samples: The Andy Project Development Agreement, Museum Reach Project Development Agreement, Broadway Jones Apartments Development Agreement

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