Miscellaneous Policy Provisions. All property damage and delayed startup insurance policies, (i) shall not include any annual or term aggregate limits of liability or clause requiring the payment of additional premium to reinstate the limits after loss except for insurance covering the perils of flood, earth movement, sabotage and terrorism, (ii) shall include the Lessor as a named insured as its interest may appear, and (iii) shall include a clause requiring the insurer to make final payment on any claim within 60 days after the submission of proof of loss and its acceptance by the insurer.
Appears in 2 contracts
Samples: Construction Agency Agreement (Checkfree Corp \Ga\), Construction Agency Agreement (Choicepoint Inc)
Miscellaneous Policy Provisions. All property damage and ------------------------------- delayed startup insurance policies, (i) shall not include any annual or term aggregate limits of liability or clause requiring the payment of additional premium to reinstate the limits after loss except for insurance covering the perils of flood, earth movement, sabotage and terrorism, (ii) shall include the Lessor as a named insured as its interest may appear, and (iii) shall include a clause requiring the insurer to make final payment on any claim within 60 days after the submission of proof of loss and its acceptance by the insurer.
Appears in 2 contracts
Samples: Construction Agency Agreement (Hughes Supply Inc), Construction Agency Agreement (Hughes Supply Inc)
Miscellaneous Policy Provisions. All property damage and delayed startup insurance policies, policies (iA) shall not include any annual or term aggregate limits of liability or clause requiring the payment of additional premium to reinstate the limits after loss except for insurance covering the perils of flood, flood and earth movement, sabotage and terrorism, (iiB) shall include the Lessor and the Collateral Agent as a named insured insureds as its interest their interests may appear, and (iiiC) shall include a clause requiring the insurer to make final payment on any claim within 60 thirty (30) days after the submission of proof of loss and its acceptance by the insurer.
Appears in 1 contract
Samples: Master Construction Agency Agreement (Iron Mountain Inc/Pa)