Common use of Transit Coverage Clause in Contracts

Transit Coverage. As needed for the specific job. The minimum A.M. Best's rating of each insurer is A-IX. Pinnacle must obtain Owner's written permission to waive any of the above requirements. Higher amounts may be required by Owner if the work to be performed is deemed by Owner to be hazardous. Pinnacle will obtain and keep on file a certificate of insurance which shows that each such party is so insured. Owner will be named as an additional insured with respect to Contractors' and Subcontractors' Auto Liability, Commercial General Liability and Excess Liability policies. Pinnacle will receive from vendors evidence of indemnification and hold harmless provisions in favor of Owner and Pinnacle.

Appears in 10 contracts

Samples: Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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Transit Coverage. As needed for the specific job. The minimum A.M. Best's rating of each insurer is A-IX. Pinnacle Manager must obtain Owner's written permission to waive any of the above requirements. Higher amounts may be required by Owner if the work to be performed is deemed by Owner to be hazardous. Pinnacle Manager will obtain and keep on file a certificate of insurance which shows that each such party is so insured. Owner Owner, and any lender of Owner, if applicable, will be named as an additional insured with respect to Contractors' and Subcontractors' Auto Liability, Commercial General Liability and Excess Liability policies. Pinnacle will receive from vendors evidence of Manager must obtain indemnification and hold harmless provisions in favor of Owner and PinnacleManager.

Appears in 3 contracts

Samples: Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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Transit Coverage. As needed for the specific job. The minimum A.M. Best's rating of each insurer is A-IX. Pinnacle PINNACLE must obtain Owner's written permission to waive any of the above requirements. Higher amounts may be required by Owner if the work to be performed is deemed by Owner to be hazardous. Pinnacle PINNACLE will obtain and keep on file a certificate of insurance which shows that each such party is so insured. Owner will be named as an additional insured with respect to Contractors' and Subcontractors' Auto Liability, Commercial General Liability and Excess Liability policies. Pinnacle PINNACLE will receive from vendors evidence of indemnification and hold harmless provisions in favor of Owner and PinnaclePINNACLE.

Appears in 1 contract

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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