Procurement of Insurance. Without limiting LICENSEE's liability under the indemnity provisions hereof, during the term of this Agreement, and for three (3) years following the date of expiration or termination hereof, LICENSEE shall maintain with reputable insurance companies reasonably satisfactory to GUESS comprehensive general liability insurance in the amount of at least US$5,000,000.00 (US$3,000,000.00 single limit per occurrence) plus defense costs. This insurance shall include broad form blanket contractual liability; contractor's protective; workers' compensation; products liability and completed operations liability; advertising injury, cross liability; special form "all risk" blanket property coverage (including earthquake and flood protection) at replacement cost; selling price or evidence of business interruption coverage of gross revenues for six (6) months; brands and labels clause (with no salvage); an endorsement stating that GUESS shall receive at least thirty (30) days written notice prior to modification, cancellation or non-renewal of coverage; an endorsement naming GUESS?, Inc., and all subsidiaries and affiliates as additional insureds; an endorsement stating that the insurance shall be primary and not contributory as to GUESS; and a waiver of subrogation in favor of GUESS. During the term of this Agreement, LICENSEE may not engage in the manufacture, sale or promotion of any Product unless the required insurance coverage is in full force and effect.
Procurement of Insurance by Consultant shall not be construed as a limitation of Consultant’s liability or as full performance of Consultant’s duties to indemnify, hold harmless and defend under Section 10 of this Agreement.
Procurement of Insurance. The Trustees are expressly authorized to negotiate for, obtain and maintain policies of group life, group accident, group health and group disability insurance (including group hospital, medical and surgical insurance), or such other insurance coverage as may be determined by the Trustees, for the payment to eligible Participants and Beneficiaries, by an insurance company or companies licensed to transact business in the State of Illinois of such benefits as now or hereafter may be authorized or permitted by law and as the Trustees may, from time to time, determine. Such policies of insurance shall be in such forms and in such amounts and may contain such provisions and be subject to such limitations and conditions as the Trustees, in their sole discretion, may from time to time determine and shall cover such Participants and Beneficiaries as the Trustees, pursuant to the provisions hereof, shall from time to time determine eligibility for benefits as herein provided. The Trustees may exercise all rights and privileges granted to the policyholder by the provisions of each contract or policy of insurance, and may agree with the insurance carrier to any alteration, modification or amendment of such contract or policy, and may take any action respecting each such contract or policy, and the insurance provided thereunder, which they, in their sole discretion, may deem necessary or advisable and such insurance carrier shall not be required to inquire into the authority of the Trustees with regard to any dealings in connection with such contract or policy. The Trustees are expressly authorized, by unanimous vote, to establish and maintain a plan or plans to provide any and all of the health and welfare benefits, as the Trustees in their sole discretion may determine, directly out of the Trust Fund in accordance and upon compliance with Section 5.1(e) of this Article, in lieu of, or in combination with, coverage provided by an insurance carrier or carriers.
Procurement of Insurance. Except with regard to directors and officers liability insurance, Louisville shall maintain in force, for the benefit of Louisville and IMEA as their interests in Xxxxxxx County Unit 1, Xxxxxxx County General Plant Facilities, and the Xxxxxxx County Site shall appear, such available insurance and self-insurance as the Coordination Committee shall determine to be appropriate.
Procurement of Insurance. If you, for any reason, fail to procure or provide us with evidence that you maintain at least the minimum insurance required by Section 12(a) or 12(b), as applicable (or as designated by us from time to time in the Rules and Regulations) together with the endorsement required by Section 12(c), you acknowledge and agree that we will have the immediate right and authority, but not the obligation, to procure such insurance on your behalf, and charge you the cost of the insurance and, at our option, a reasonable penalty. You agree that you will reimburse us for the cost of such insurance and for any reasonable out-of-pocket costs that we incur should we elect to obtain such insurance within 30 days of receipt of our notice that such costs are due and payable to us. The foregoing shall not limit our right to terminate this Agreement pursuant to Section 10(b)(2)(g).
Procurement of Insurance. Advisor will recommend whether to obtain and maintain for AGAR, at AGAR's expense, public liability and extended coverage casualty insurance. If such insurance is obtained, it shall be from reputable, independent insurance companies as contemplated by the Annual Budget for each Property and as, in the reasonable opinion of Advisor, may be necessary and appropriate for the protection of the Properties and the interests of AGAR and Advisor. Advisor shall seek to obtain such insurance at the lowest available cost and, with the prior approval of AGAR, may employ at the expense of AGAR an insurance consultant to advise in that regard. Any cost savings as to insurance which Advisor may derive by including AGAR and its Properties in an "umbrella" or "package" policy(ies) also covering other assets under management by Advisor on behalf of other clients shall be passed along to AGAR.
Procurement of Insurance. Except with regard to directors and officers liability insurance, the Companies shall maintain in force, for the benefit of the Parties as their interests in the Xxxxxxx County Unit 2 Project shall appear, such insurance and self-insurance as the Coordination Committee shall determine to be appropriate.
Procurement of Insurance. Pursuant to Hawaii Revised Statutes Section 431:13-104, Mortgagee may not make its entering into the contemplated transactions contingent upon the procuring of any insurance required by this Mortgage with an insurance company designated by Mortgagee or through a designated agent or procurer.
Procurement of Insurance. (a) The Company hereby agrees to procure immediately after the signing of this Agreement and at all times so long as the Facilities or any amount to be paid hereunder remain outstanding, insurance protection in respect of any properties (movable and/ or immovable) finance by the Bank with any licensed and reputable insurance providers/ insurers for its full replacement value or its full/ coverable/ insurance values as stated in other facility documentation under an all risk or comprehensive insurance/ insurance cover against loss or damage by fire, lightning, riot and strike, malicious damage, explosion and other relevant risks up to the replacement cost in the name of the Company with the interest in the insurance certificate and all future certificates vested in the name of the Bank as owner/ hirer and/ or loss payee (as the case may be).
Procurement of Insurance. The Supplier must procure at its cost at any time during the Term the following insurances effected by an insurer authorised to carry on insurance in New Zealand:
