Valuable Paper Insurance Sample Clauses

Valuable Paper Insurance. The Engineer shall provide and maintain valuable paper insurance in an amount not less than fifty percent (50%) of the total compensation listed in the Compensation Paragraph of this Contract to guarantee the restoration in the event of the loss or destruction of any field notes, drawings, documents, summaries, estimates, reports, specifications, data, as-built drawings, renderings, calculations, tracings, computer files, models or plans (collectively referred to as “documents” in this subparagraph) obtained or prepared as a part of this Contract and to guarantee the delivery of said documents to the City and its participating trusts upon the completion, expiration, cancellation or termination of this Contract. The provision of valuable paper insurance shall not relieve the Engineer of the responsibility of replacing or restoring any and all documents destroyed or lost prior to delivery at Engineer’s sole cost and expense. The City and its participating trusts are to be named as loss payees.
Sample 1Sample 2
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Valuable Paper Insurance. The Engineer shall provide and maintain valuable paper insurance in an amount not less than fifty percent (50%) of the total compensation listed in the Compensation Paragraph of this Contract to guarantee the restoration in the event of the loss or destruction of any field notes, drawings, documents, summaries, estimates, reports, specifications, data, as-built drawings, renderings, calculations, tracings, computer or electronic files, models or plans (collectively referred to as “documents” in this subparagraph) obtained or prepared as a part of this Contract and to guarantee the delivery of said documents to the City and its participating trusts upon the completion, expiration, cancellation or termination of this Contract. The provision of valuable paper insurance shall not relieve the Engineer of the responsibility of replacing or restoring any and all documents destroyed or lost prior to delivery at Engineer’s sole cost and expense. The City and its participating trusts are to be named as loss payees.
Sample 1Sample 2
Valuable Paper Insurance. Prior to beginning work, the CONSULTANT will obtain and furnish current copies of certificates to the TRUST for valuable paper insurance in an amount sufficient to assure the restoration, in the event of their loss or destruction, of any field notes, tracings, or plans obtained or prepared as a part of this CONTRACT and/or any field notes, tracings or plans and reports furnished by the TRUST for use in analyzing data for preparation of plans for this CONTRACT, and to furnish and/or the return of same to the TRUST upon completion and acceptance of the plans and specifications. This insurance shall be maintained in full force and effect during the life of this CONTRACT.
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Valuable Paper Insurance. The Engineer shall provide and maintain valuable paper insurance in an amount not less than fifty percent (50%) of the Engineer’s total fee to assure the restoration in the event of the loss or destruction of any field notes, drawings, documents, summaries, estimates, reports, specifications, data, as-built drawings, renderings, calculations, tracings, computer files, models or plans (collectively referred to as “documents” in this subparagraph) obtained or prepared as a part of this Contract and the delivery of said documents to the City upon the completion, expiration, cancellation or termination of this Contract. The City shall be named as loss payee for its interest only.
Sample 1
Valuable Paper Insurance. The CONSULTANT shall provide and maintain valuable paper insurance in an amount not less than fifty percent (50%) of the consulting fee listed in Article 5, Paragraph A, of this Contract to guarantee the restoration, in the event of the loss or destruction, of any field notes, drawings, documents, summaries, estimates, reports, specifications, data, as-built drawings, renderings, calculations, tracings, computer files, models or plans (collectively referred to as “documents” in this subparagraph) obtained or prepared as a part of this Contract and to guarantee the delivery of said documents to the TRUST upon the completion, expiration, cancellation, or termination of this Contract. The provision of valuable paper insurance shall not relieve the CONSULTANT of the responsibility of replacing or restoring any and all documents destroyed or lost prior to delivery at CONSULTANT’s sole cost and expense. The TRUST and the CITY are to be named as loss payees.
Sample 1
Valuable Paper Insurance. The [Architect or Engineer] shall provide and maintain valuable paper insurance in an amount not less than fifty percent (50%) of the total compensation listed in the Compensation Paragraph of this Contract to guarantee the restoration in the event of the loss or destruction of any field notes, drawings, documents, summaries, estimates, reports, specifications, data, as-built drawings, renderings, calculations, tracings, computer files, models or plans (collectively referred to as “documents” in this subparagraph) obtained or prepared as a part of this Contract and to guarantee the delivery of said documents to the City and its participating trusts upon the completion, expiration, cancellation or termination of this Contract. The provision of valuable paper insurance shall not relieve the [Architect or Engineer] of the responsibility of replacing or restoring any and all documents destroyed or lost prior to delivery at [Architect or Engineer]’s sole cost and expense. The City and its participating trusts are to be named as loss payees.
Sample 1
Valuable Paper Insurance. The Engineer shall provide and maintain valuable paper insurance in an amount not less than one million dollars ($1,000,000) to guarantee the restoration in the event of the loss or destruction of any field notes, drawings, documents, summaries, estimates, reports, specifications, data, as-built drawings, renderings, calculations, tracings, computer files, models or plans (collectively referred to as “documents” in this subparagraph) obtained or prepared as a part of this Contract and to guarantee the delivery of said documents to the City and its participating trusts upon the completion, expiration, cancellation or termination of this Contract. The provision of valuable paper insurance shall not relieve the Engineer of the responsibility of replacing or restoring any and all documents destroyed or lost prior to delivery at Engineer’s sole cost and expense. The City and its participating trusts are to be named as loss payees.
Sample 1
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Valuable Paper Insurance. The Architect shall provide and maintain valuable paper insurance in an amount not less than fifty percent (50%) of the total compensation listed in the Compensation Paragraph of this Contract to guarantee the restoration in the event of the loss or destruction of any field notes, drawings, documents, summaries, estimates, reports, specifications, data, as-built drawings, renderings, calculations, tracings, computer files, models or plans (collectively referred to as “documents” in this subparagraph) obtained or prepared as a part of this Contract and to guarantee the delivery of said documents to City, the Trust, and the School District upon the completion, expiration, cancellation or termination of this Contract. The provision of valuable paper insurance shall not relieve the Architect of the responsibility of replacing or restoring any and all documents destroyed or lost prior to delivery at Architect’s sole cost and expense. The City, the Trust, and the School District are to be named as loss payees.
Sample 1

Related to Valuable Paper Insurance

  • Other Insurance Policies No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by Seller or by any officer, director, or employee of Seller or any designee of Seller or any corporation in which Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance.

  • Risk of Loss and Insurance The State shall not be liable to Contractor for any risk of Deliverable loss or damage while Deliverables are in transit, or while in the Client Agency’s possession, except when such loss or damage is due directly to the Client Agency’s negligence or intentional misconduct. Nothing in this Section is intended nor shall it be construed, in any manner, as waiving or compromising the sovereign immunity of the State. The insurance required by this Section shall be written on an occurrence basis as opposed to a “claims made” basis and shall be on such forms, and contain such endorsements and terms, as shall be acceptable to DAS. Before commencing Performance, the Contractor shall obtain and maintain at its own cost and expense for the Term of this Contract, the insurance described below. Contractor shall assume any and all deductibles in the described insurance policies. The Contractor’s insurers shall have no right of recovery or subrogation against the State and the described Contractor’s insurance shall be primary coverage. Any failure to comply with the claim reporting provisions of the policy shall not affect coverage provided to the State.

  • Malpractice Insurance During the entire contract period, and at the Contractor's own expense in whole or in part from contract funds, Contractor shall ensure that each of its attorneys has malpractice insurance coverage in the minimum amount required by the Oregon State Bar. Contractor shall provide proof of such insurance to PDSC on request.

  • Insurance Companies Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IX’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

  • PROFESSIONAL LIABILITY AND CYBER LIABILITY INSURANCE COVERAGE In addition to the insurance required in Attachment C to this Contract, before commencing work on this Contract and throughout the term of this Contract, Contractor agrees to procure and maintain (a) Technology Professional Liability insurance for any and all services performed under this Contract, with minimum third party coverage of $1,000,000.00 per claim, $2,000,000.00 aggregate. To the extent Contractor has access to, processes, handles, collects, transmits, stores or otherwise deals with State Data, Contractor shall maintain first party Breach Notification Coverage of not less than $1,000,000.00. Before commencing work on this Contract the Contractor must provide certificates of insurance to show that the foregoing minimum coverages are in effect. With respect to the first party Breach Notification Coverage, Contractor shall name the State of Vermont and its officers and employees as additional insureds for liability arising out of this Contract.

  • Other Insurance If requested by the Director, Contractor shall furnish adequate evidence of Social Security and Unemployment Compensation Insurance, to the extent applicable to Contractor’s operations under this Agreement.

  • Insurance Policies Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a "General Policyholders Rating" of at least B+, V, as set forth in the most current issue of "Best's Insurance Guide", or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything which invalidates the required insurance policies. Lessee shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. No such policy shall be cancelable or subject to modification except after thirty (30) days prior written notice to Lessor. Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with evidence of renewals or "insurance binders" evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one year, or the length of the remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance required to be carried by it, the other Party may, but shall not be required to, procure and maintain the same.

  • BONDS AND INSURANCE 10.1 The Contractor shall provide performance and payment bonds on forms prescribed by Owner and in accordance with the requirements set forth in the UTUGCs. The penal sum of the payment and performance bonds shall be equal to the Contract Sum.

  • Business Insurance The Transaction Entities and their respective subsidiaries carry or are entitled to the benefits of insurance, with financially sound and reputable insurers, in such amounts and covering such risks as is generally maintained by companies of established repute engaged in the same or similar business, and all such insurance is in full force and effect. Neither of the Transaction Entities has any reason to believe that it or any of their respective subsidiaries will not be able to (A) renew, if desired, its existing insurance coverage as and when such policies expire or (B) obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted and at a cost that would not reasonably be expected to, singly or in the aggregate, result in a Material Adverse Effect.

  • Professional Liability (Errors and Omissions) Insurance Limits shall not be less than the following:

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