Common use of Loss Notification Clause in Contracts

Loss Notification. The Construction Agent shall promptly notify the Agent of any single loss or event likely to give rise to a claim against an insurer for an amount in excess of $1,000,000 covered by any insurance maintained pursuant to this Agreement.

Appears in 2 contracts

Sources: Agency Agreement (United Therapeutics Corp), Agency Agreement (Human Genome Sciences Inc)

Loss Notification. The Construction Agent shall promptly notify the Collateral Agent of any single loss or event likely to give rise to a claim against an insurer for an amount in excess of $1,000,000 5,000,000 covered by any insurance maintained pursuant to this Agreement.. •

Appears in 1 contract

Sources: Participation Agreement, Lease Agreement and Construction Agency Agreement (Ross Stores Inc)

Loss Notification. The Construction Agent shall promptly notify the Collateral Agent of any single loss or event likely to give rise to a claim against an insurer for an amount in excess of $1,000,000 5,000,000 covered by any insurance maintained pursuant to this Agreement.

Appears in 1 contract

Sources: Construction Agency Agreement (Goldman Sachs Group Inc)