Insurance Bonds. 12.1 The Contractor shall purchase from and maintain, in a company or companies lawfully authorized to do business in the jurisdiction in which the Project is located, insurance for protection from claims under Workers' Compensation Acts and other Employee Benefit Acts which are applicable, claims for damages because of bodily injury, including death, and from claims for damages, other than to the Work itself, to property which may arise out of, or result from, the Contractor's operations under this Agreement, whether such operations be by the Contractor or by a Subcontractor or anyone directly or indirectly employed by any of them. This insurance shall be written for no less than limits of liability specified by the City in the Contract Documents or required by law, whichever coverage is greater, and shall include contractual liability insurance applicable to the Contractor's obligations under this Agreement. Certificates of such insurance shall be filed with the City prior to the commencement of the Work. Only insurance carriers licensed to do business in the State of Texas with an A.M. Best Rating of “A” will be accepted.

Insurance Bonds. (A) Before performance can begin under this Agreement, the Contractor must deliver a certificate of insurance (“COI”), as proof of the required insurance coverages, to the City’s Risk Manager and the Contract Administrator. Additionally, the COI must state that the City will be given at least 30 days’ advance written notice of cancellation, material change in coverage, or intent not to renew any of the policies. The City must be named as an additional insured. The City Attorney must be given copies of all insurance policies within 10 days of the City Manager's written request. Insurance requirements are as stated in Attachment C, the content of which is incorporated by reference into this Agreement as if fully set out here in its entirety.

Insurance Bonds. (a) Section 4.21(a) of the Disclosure Schedules sets forth a list of all policies of title, liability, fire, casualty, business interruption, workers’ compensation and all other forms of insurance (including, without limitation, self-insurance arrangements) (collectively, the “Policies” and individually, a “Policy”) insuring the properties, assets or other operations of the Company, setting forth the carrier, policy number, expiration dates, premiums, deductibles, description of type of coverage and coverage amounts. The Company has provided Purchaser with true and complete copies of all of the Policies.

Insurance Bonds. 16.1 Prior to the execution of this Agreement, the Contractor shall submit certificate(s) of insurance evidencing the required coverage and specifically providing that the City is an additional named insured. Contractor shall not commence work under this Agreement until after Contractor has obtained all of the minimum insurance described in the Contract Documents and the policies of such insurance detailing the provisions of coverage have been received and approved by the City. Contractor shall not permit any Subcontractor to begin work until after similar minimum insurance to cover Subcontractor has been obtained and approved. In the event the insurance certificate provided indicates that the insurance shall terminate and lapse during the term of this Agreement, Contractor shall furnish, at least thirty (30) calendar days prior to expiration of the date of the insurance, a renewed certificate of insurance as proof that equal and like coverage and extension is in effect. Contractor shall not continue to perform the Construction required by this Agreement unless all required insurance remains in full force and effect.

Insurance Bonds. In addition to the insurance requirements set forth in this Agreement, Borrower agrees to procure and maintain at Borrower’s expense insurance coverage from reputable companies for builder’s risk, fire and extended coverage in an amount equal to the completed value of the Facility with Lender named as mortgagee together with such other property insurance on Borrower’s business as Lender may require; and public liability coverage and insurance against loss under any xxxxxxx’x compensation laws. Proof of insurance in compliance with this provision will be provided Lender during the term of this Agreement as Lender may require. Borrower shall retain the services of an inspecting engineer to monitor comparisons with reports and applications for payment received from the general contractor, Borrower shall also require the project design engineer to procure a professional liability policy insuring said engineer and shall furnish Lender a copy of said policy.

Insurance Bonds. The Company shall maintain insurance against all such liabilities, hazards and risks, and in at least such amounts (in the case of property casualty insurance at least replacement cost), as are usually carried by persons engaged in the same or a similar business. All such insurance shall be effected under valid and enforceable policies issued by insurers of recognized responsibility, except that the Company may effect worker's compensation or similar insurance in respect of operations in any state or other jurisdiction through an insurance fund approved by such state or other jurisdiction. The Company shall obtain and maintain in force such contract payment and performance bonds as are required in connection with the Company's business.

Insurance Bonds. 1.1. Contractor shall maintain, for the full term of the Contract:

Insurance Bonds Sample Clauses

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