Southwest - MontroseCounty_WestMontroseCntyReservoirProject_CTGG1 2016-1247_ExhA&B

Home Browse Search

iii. Antomobile Liability Automobile Liability Insurance covering any auta (including owned, hired and non-owned autos) with a minimum limit af $I,OOO,OdO each accident cornbined single limit. iv. Addifional Insared Grantee and the State sha[l be named as additional insured on the Commereial Genera! Liability and Automobile Liability Insurance policies (leases and construction Grants require additianal insured cavera�e for completed operations on endorsements CG 201011/85, CG 203'1, or equivatent). v. Primacy of Coverage Coverage required of Grantee and Subgrantees shall be primary aver any insw�ance or self-insurance pragrarn carried by Gra.ntee or the State. vi. CaaceUadon The above insurance poiicies sha11 include provisions preventing cancellati�n or non-renewal without at least 45 days prior notice to the Grantee and Grantee shall forward such notice to the State in accordance with §16 (Natices and Representatives) within seven days of Gnantee's receipt of such notice. vii. Snbrngation Waiver Atl insurance policies in any way re}ated to this Grant and secured and maintained by Grantee or it� Subgrantees as required herein shall include clauses stating that each carrier shatl waive all rights of recovery, under subragation or otherwise, a$ainst Grantee or the State, its agencies, institntions, organizations, officers, agents, employees, and volunteers. � C. Certificates Grantee and all Subgrantees shall provide certificates showing insurance covera�e requined hereunder to the State within seven business days of the Effective Date of this Grant. No later than l 5 days prior to the expiration date of any such coverage, Grantee and each Subgrantee shall deliver to the State or Grantee certificates of insurance evidencing renewats thereof. In addition, upon request by the State at any other time during the term ofthis Grant or any subgrant, Grantee and each Suhgrantee shsl(, within t0 days af suoh request, supply to the State evidence satisfaatory W the State of compliance with the provisions af this §13. l4. BREACH A. Defined In addition ta any breaches specified in other s�tions of this Grant, the failure o�either Party to perform any of its material abligations hereunder, in who(e or in part or in a timeiy or sat[sfactory manner, constitutes a breach. The institution of proceedings under any bankruptcy, insolWency, reorganization or simitar law, by or against Grantee, or the appointment of a receiver or sirnilar o�cer for Grantee or any of its property, which is not vacated ar fntly stayed within 20 days after the institutian ar accurrence ther�of, shail also constitute a breach. B. Notice aad Cure Period � in the event of a breach, notice of such shal! be given in writing by the aggriev� Party to the other Party in the manner provided in §16. If such breach is not cured within 30 days of reoeipt of written notice, or if a cure cannot be campleted within 30 days, or if cure of the breach has not begun �uvithin 30 days and has been pnrsued with due diligence, the State may exereise any of the remedies set �orth in §15. Notwithstanding anything to the contrary hecein, the State, in its sole discretion, need not provide advance natice ar a cure period and rnay immediatety terminate this Grant in whole or in part if reasonably necessary to preserve public safeiy or to prevent immediate public crisis. 1S. REMEDIES ; If Grantee is in 8reach under any provision af this Grant, the State shall have all of the remedies listed in this §�5 i� addition to ail other,cemedies set forth in oCher sections of this Grant foliowing the.natice aud cure period set farth in §14(B). The State may exercise any or ap of the remedies available to it, in its sale discretion, concurrently or cansecutively. Page 8 of 16