Common use of Self-Insured Clause in Contracts

Self-Insured. Lessee shall declare in writing any self-insured retentions or deductibles over the limit(s) prescribed in Exhibit D and submit to County for approval at least fifteen (15) days prior to the Effective Date. Lessee shall be solely responsible for and shall pay any deductible or self-insured retention applicable to any claim against County. County may, at any time, require Lessee to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. Any deductible or self-insured retention may be satisfied by either the named insured or County, if so elected by County, and ▇▇▇▇▇▇ shall obtain same in endorsements to the required policies.

Self-Insured. Lessee shall declare in writing any self-insured retentions or deductibles over the limit(s) prescribed in Exhibit D B and submit to County for approval at least fifteen (15) days prior to the Effective Date. Lessee shall be solely responsible for and shall pay any deductible or self-insured retention applicable to any claim against County. County may, at any time, require Lessee to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. Any Lessee agrees that any deductible or self-insured retention may be satisfied by either the named insured or County, if so elected by County, and ▇▇▇▇▇▇ shall Lessee agrees to obtain same in endorsements to the required policies.