Common use of Installation Floater Clause in Contracts

Installation Floater. The Contractor shall, from the date of commencement of the Work until the completion date, and during any part of the access period that the Contractor is performing work at the premises, purchase, provide and maintain, or cause to be purchased, provided and maintained, at its own expense, an Installation Floater policy insuring not less than the sum of the amount of the Contract Price. The coverage shall be maintained continuously until ten (10) days after the date of the final certificate for payment. The policy shall contain no exclusion for loss or damage caused by the perils of flood or earth movement, including earthquake and will include a waiver of waiver of subrogation in favour of Owner, its trustees, directors, officers, employees, servants, agents, and the Consultant.

Appears in 8 contracts

Samples: www.tdsb.on.ca, tdsb.on.ca, www.anacond.ca

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