Satisfactory Coverage Sample Clauses

Satisfactory Coverage. The insurance which Midwest Pool Management is required to obtain and maintain pursuant to this Section 9 shall be written by a company or companies licensed to do business in the State of Missouri. Insurance is to be placed with insurer with a Bests' rating of no less than an “A” rating. Midwest Pool Management shall not allow any policies to be canceled or permit the policies to lapse during the Term of the Agreement.
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Satisfactory Coverage. The insurance which the Contractor is required to obtain and maintain pursuant to this Section 6 of this Agreement shall be written by a company licensed to do business in the State of Missouri and satisfactory to the City. The Contractor shall not allow any policies to be cancelled or permit the policies to lapse during the Term. All insurance policies shall include a clause to the effect that the policy shall not be cancelled or changed unless thirty (30) days prior written notice has been received by the City and provided further that the notice must be evidenced by receipt of a registered letter.
Sample 1
Satisfactory Coverage. The insurance which the Contractor is required to obtain and maintain pursuant to this Section 5 shall be written by a company or companies licensed to do business in the State of Missouri and satisfactory to the City. Insurance is to be placed with an insurer with a Bests’ rating of no less than A: VII. Midwest Pool Management shall not allow any policies to be canceled or permit the policies to lapse during the Term of the Agreement.
Sample 1

Related to Satisfactory Coverage

  • Warranty Coverage The warranty on work and materials commences on your date of possession and provides up to a maximum of $300,000 in coverage. There are limitations on scope and duration as follows. Your builder warrants that your home will, on delivery, have these warranties: One-Year Warranty • Your home is constructed in a workmanlike manner, free from defects in material, is fit for habitation and complies with Ontario’s Building Code • Protects against the unauthorized substitution of items specified in the Agreement of Purchase and Sale or selected by you Two-Year Warranty • Protects against water penetration through the basement or foundation walls, windows, and the building envelope • Covers defects in work or materials in the electrical, plumbing, and heating delivery and distribution systems • Covers defects in work or materials that result in the detachment, displacement, or deterioration of exterior cladding (such as brick work, aluminum, or vinyl siding) • Protects against violations of Ontario’s Building Code that affect health and safety Seven-Year Warranty • Protects against defects in work or materials that affect a structural load-bearing element of the home resulting in structural failure or that materially and adversely compromise the structural integrity; and/or that materially and adversely affect the use of a significant portion of the home. Continued… Warranty Exclusions Your warranty, provided to you by your builder and backed by Xxxxxx, is a limited warranty - not all deficiencies are covered. And the protection provided by Tarion is also limited. Exclusions to coverage include: normal wear and tear, damage caused by improper maintenance, damage caused by a third party, secondary damage caused by defects that are under warranty, supplementary warranties, deficiencies caused by homeowner actions, elevators, HVAC appliances, specific defects accepted in writing and damage resulting from an Act of God.

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