Common use of Notice of Claim Reduction of Policy Limits Clause in Contracts

Notice of Claim Reduction of Policy Limits. The Consultant, upon receipt of notice of any claim in connection with the Agreement, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the Agreement) in excess of $10,000.00, whether or not such impairment came about as a result of this Agreement. In the event the City shall determine that the Consultant's aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the work, the Consultant shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Notice of Claim Reduction of Policy Limits. The ConsultantConsulting Architect, upon receipt of notice of any claim in connection with the AgreementContract, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant Consulting Architect shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the AgreementContract Documents) in excess of $10,000.00, whether or not such impairment came about as a result of this Agreement. In the event the City shall determine that the ConsultantConsulting Architect's aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the workproject, the Consultant Consulting Architect shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 3 contracts

Samples: Architectural Services Agreement, Architectural Services Agreement, Architectural Services Agreement

Notice of Claim Reduction of Policy Limits. The Consultant, upon receipt of notice of any claim in connection with the Agreementcontract, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the Agreementcontract) in excess of $10,000.00, whether or not such impairment came about as a result of this Agreementcontract. In the event If the City shall determine determines that the Consultant's aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the workproject, the Consultant shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 3 contracts

Samples: Agreement for Professional Consulting Services, Agreement for Professional Services, Agreement for Professional Services

Notice of Claim Reduction of Policy Limits. The ConsultantContractor, upon receipt of notice of any claim in connection with the Agreementcontract, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant Contractor shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the Agreementcontract) in excess of $10,000.00, whether or not such impairment came about as a result of this Agreement. In the event the City shall determine that the ConsultantContractor's aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the workproject, the Consultant Contractor shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 2 contracts

Samples: Agreement, Agreement

Notice of Claim Reduction of Policy Limits. The ConsultantContractor, upon receipt of notice of any claim in connection with the AgreementContract, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant Contractor shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the AgreementContract Documents) in excess of $10,000.00, whether or not such impairment came about as a result of this AgreementContract. In the event the City shall determine that the Consultant's Contractor’s aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the workproject, the Consultant Contractor shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 2 contracts

Samples: Agreement, Agreement

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Notice of Claim Reduction of Policy Limits. The Consultant, upon receipt of notice of any claim in connection with the Agreementcontract, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the Agreementcontract) in excess of $10,000.00, whether or not such impairment came about as a result of this Agreementcontract. In the event the City shall determine that the Consultant's aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the workproject, the Consultant shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 1 contract

Samples: Contract

Notice of Claim Reduction of Policy Limits. The ConsultantVendor, upon receipt of notice of any claim in connection with the Agreementcontract, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant Vendor shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the Agreementcontract) in excess of $10,000.00, whether or not such impairment came about as a result of this Agreementcontract. In the event the City shall determine that the ConsultantVendor's aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the workproject, the Consultant Vendor shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 1 contract

Samples: Agreement

Notice of Claim Reduction of Policy Limits. The ConsultantContractor, upon receipt of notice of any claim in connection with the Agreementcontract, shall promptly notify the City, providing full details thereof, including an estimate of the amount of loss or liability. The Consultant Contractor shall promptly notify the City of any reduction in limits of protection afforded under any policy listed in the Certificate (or otherwise required by the Agreementcontract) in excess of $10,000.00, whether or not such impairment came about as a result of this AgreementCONTRACT. In the event the City shall determine that the ConsultantContractor's aggregate limits of protection shall have been impaired or reduced to such extent that the City shall determine such limits inadequate for the balance of the workproject, the Consultant Contractor shall, upon notice from the City, promptly reinstate the original limits of liability required hereunder and shall furnish evidence thereof to the City.

Appears in 1 contract

Samples: Contract

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