Common use of Inadequate Insurance Clause in Contracts

Inadequate Insurance. Inadequate or lack of insurance does not negate the Subrecipient’s, Developer’s, or Contractor’s obligations under this Agreement or the terms specific to the relevant Approved Project, nor does the availability or limits of any insurance policies required herein in any way limit the liability of Subrecipient, or any Developer or Contractor, to the Department hereunder, nor does it in any way limit the liability of such parties to the Department in regards to any indemnification obligations of such parties herein.