Common use of Subcontractor Insurance Requirements Clause in Contracts

Subcontractor Insurance Requirements. 9.1.5.1 Developer’s obligations regarding Subcontractor’s insurance are set forth in Exhibit 14. Developer shall cause each Subcontractor to provide such insurance in the manner and in the form consistent with the requirements contained in this Agreement. 9.1.5.2 If any Subcontractor fails to procure and keep in effect the insurance required of it under Exhibit 14 and TxDOT asserts the same as an Event of Default hereunder, Developer may, within the applicable cure period, cure such Event of Default by: (a) causing such Subcontractor to obtain the requisite insurance and providing to TxDOT proof of insurance; (b) procuring the requisite insurance for such Subcontractor and providing to TxDOT proof of insurance; or (c) terminating the Subcontractor and removing its personnel from the Site.

Subcontractor Insurance Requirements. 9.1.5.1 Developer’s obligations regarding Subcontractor’s insurance are set forth in Exhibit 14. Developer shall cause each Subcontractor to provide such insurance in the manner and in the form consistent with the requirements contained in this Agreement. 9.1.5.2 If any Subcontractor fails to procure and keep in effect the insurance required of it under Exhibit 14 and TxDOT asserts the same as an Event of Default hereunder, Developer may, within the applicable cure period, cure such Event of Default by: : (a) causing such Subcontractor to obtain the requisite insurance and providing to TxDOT proof of insurance; (b) procuring the requisite insurance for such Subcontractor and providing to TxDOT proof of insurance; or (c) terminating the Subcontractor and removing its personnel from the Site.