Insurance Agreement Sample Clauses
An Insurance Agreement clause establishes the requirement for one or both parties to obtain and maintain specific types and amounts of insurance coverage during the term of a contract. Typically, this clause details the kinds of insurance needed—such as general liability, property, or professional indemnity—and may require proof of coverage or the inclusion of the other party as an additional insured. Its core function is to allocate risk and ensure that financial protection is in place in case of loss, damage, or liability arising from the contractual relationship.
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Insurance Agreement. The Trustee is authorized and directed to execute and deliver the Insurance Agreement and to perform the obligations of the Trustee thereunder.
Insurance Agreement. The Issuer shall at all times be a party to the Insurance Agreement and shall, if necessary, take any steps required of it in connection with the appointment of any Successor Insurance Manager thereunder.
Insurance Agreement. The Agreement Concerning Insurance Requirements of even date herewith executed by the Borrowers for the benefit of Mortgagee, as the same may be amended, modified or supplemented from time to time.
Insurance Agreement. The Indenture Trustee is authorized and directed to execute and deliver the Insurance Agreement and to perform the obligations of the Indenture Trustee thereunder.
Insurance Agreement. OUR PROMISE You agree to pay us the premium. In exchange, we promise to insure you as set out in this policy document.
Insurance Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the CCRIF for the purposes set forth in Part B of Schedule 1 to this Agreement, pursuant to an insurance agreement executed by the Recipient and the CCRIF, under terms and conditions satisfactory to the Association (“Insurance Agreement”).
2. The Recipient shall exercise its rights under the Insurance Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Insurance Agreement or any of its provisions.
Insurance Agreement. ESI and ADA-ES shall have executed and delivered the Insurance Agreement and such agreement shall be in full force and effect.
Insurance Agreement. Liability insurance may be required based on the nature of the activity. Applicant will, at own expense, keep in force during the term of this agreement, insurance from a licensed insurance company. Required certificate of insurance will evidence insurance including: Comprehensive Liability Insurance with a minimum limit of one million dollars per occurrence, combined single limit to include premises, personal injury, and operations. Snellville Parks & Recreation must be listed as additional insured party.
Insurance Agreement. 1.1 OUR AGREEMENT You agree to pay us the premium and comply with this policy. In exchange, we agree to insure
Insurance Agreement. Section 1.1 Insurance Agreement Event of Default................... Section 1.1