General Requirements for Insurances Sample Clauses

General Requirements for Insurances. In this Clause, "insuring Party" means, for each type of insurance, the Party responsible for effecting and maintaining the insurance specified in the relevant Sub-Clause. Wherever the Contractor is the insuring Party, each insurance shall be affected with insurers and in terms approved by the Contract Awarder. These terms shall be consistent with any terms agreed by both Parties before they signed the Contract Agreement. This agreement of terms shall take precedence over the provisions of this Clause. Wherever the Contract Awarder is the insuring Party, each insurance shall be effected with insurers and in terms consistent with the details annexed to the Contract Agreement. If a policy is required to indemnify joint insured, the cover shall apply separately to each insured as though a separate policy had been issued for each of the joint insured. If a policy indemnifies additional joint insured, namely in addition to the insured specified in this Clause, (i) the Contractor shall act under the policy on behalf of these additional joint insured except that the Contract Awarder shall act for Contract Awarder's Personnel, (ii) additional joint insured shall not be entitled to receive payments directly from the insurer or to have any other direct dealings with the insurer, and (iii) the insuring Party shall require all additional joint insured to comply with the conditions stipulated in the policy. Each policy insuring against loss or damage shall provide for payments to be made in the currencies required to rectify the loss or damage. Payments received from insurers shall be used for the rectification of the loss or damage. The relevant insuring Party shall, within the respective periods stated in the Contract Agreement (calculated from the Commencement Date), submit to the other Party:
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General Requirements for Insurances. 18.1 Add the following at the end of Sub-Clause 18.1: Acceptable to the Employer.
General Requirements for Insurances. Add the following paragraph after paragraph 1: The Insuring Party shall be the Contractor, unless specified otherwise. The insurance policies must include a clause forbidding their cancellation without the insurer giving prior notice to the Employer. The insurance company shall be a company registered with the "Registrar of Insurance" of Mauritius. Add the following paragraph after last paragraph, Except for the cover mentioned in (d)(i) hereunder, the other insurance covers shall be in the joint names of the Contractor and the Employer and the minimum insurance amounts shall be:
General Requirements for Insurances. The following paragraph is added at the end of Sub-Clause 18.1: Insurance premiums are to be kept paid at least up to three months in advance, and the Policies to contain a requirement for the insurer to inform the Employer directly in writing at least 28 days before premium payment becomes due and immediately after payment becomes overdue.
General Requirements for Insurances. Add the following to the end of this Clause: The Contractor shall be the insuring party, and the insurance policy shall include a provision for Cross Liabilities for each of the Employer and the Contractor is considered as two separate entities in the insurance policies. Clause (18 /2) - Insurance for Works and Contractor's Equipment: Add the following to the end of this Clause: "The replacement value and additions on it shall be equal to (115%) of the Accepted Contract Amount.” Chapter Twenty - Claims, Disputes and Arbitration Clause (20/2) - Appointment of the Dispute Adjudication Board: In addition to what is mentioned in Clause (20/2) of the General Conditions, the provisions concerning the Dispute Adjudication Board shall be applied as follows:
General Requirements for Insurances. In this Clause, "
General Requirements for Insurances. Replace this sub-clause with the following: “The Contractor shall effect the insurances as listed in Form A7 of the forms to be completed by the Tenderer, and these insurances shall be kept in force for the duration of the contract unless amended by mutual agreement.”
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General Requirements for Insurances. 有关保险的一般要求
General Requirements for Insurances. 96 18.2 Insurance for Works and Contractor’s Equipment 98 18.3 Insurance against Injury to Persons and Damage to Property 99
General Requirements for Insurances. (i) [In this Clause, t he “ insuring Party” s hall be t he Party r esponsible unde r A nnex I (Insurance) for effecting and maintaining the insurance thereunder.
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