Acceptance of certificates Sample Clauses
Acceptance of certificates of insurance by the Trustees shall not limit the Service Provider’s liability under the Agreement.
Acceptance of certificates of insurance by the Trustees shall not limit the Design-Builder’s liability under the Agreement.
Acceptance of certificates. The Agent is authorized to accept only Subscription Certificates (other than Subscription Certificates delivered in accordance with the procedure for guaranteed delivery set forth in Section 6.3, or transfers of Subscription Rights to its account at DTC), received prior to 5:00 p.m., New York City time, on the Expiration Date.
Acceptance of certificates. All certificates required to be filed with the Secretaries of State of the States of New Jersey and Delaware in connection with the transactions contemplated hereby, including, without limitation the Certificates of Merger and a Certificate of Designation filed with respect to the Parent Preferred Stock (in such form acceptable to the Company), shall have been accepted for filing.
Acceptance of certificates of insurance by the Trustees shall not limit the Contractor ability under the Contract.
Acceptance of certificates of insurance by Trustees shall not limit the Licensee’s liability under the Agreement nor does it create any waiver of subrogation by Trustees. In the event the Licensee does not comply with these insurance requirements, Trustees may, at their option, provide insurance coverage to protect Trustees. The Licensee shall pay the cost of the insurance and, if prompt payment is not received by the insurance carrier from the Licensee, Trustees may pay for the insurance from Agreement sums otherwise due the Licensee.
Acceptance of certificates of insurance by the Trustees shall not limit the Architect/Engineer’s liability under the Agreement.
c.) In the event the Architect/Engineer does not comply with these insurance requirements, the Trustees may, at their option, provide insurance coverage to protect the Trustees. The Architect/Engineer shall pay the cost of the insurance and, if the insurance carrier does not receive prompt payment from the Architect/Engineer, the Trustees may pay for the insurance from Agreement sums otherwise due the Architect/Engineer.
d.) If the Trustees are damaged by the failure of Architect/Engineer to provide or maintain the required insurance, the Architect/Engineer shall pay the Trustees for such damages.
e.) The Architect/Engineer’s obligations to obtain and maintain required insurance are non- delegable duties under this Agreement. A determination of ‘standard of care’ is a judgment call that is dependent upon individual project circumstances. For the purposes of this agreement the Trustees will consider incurred costs due to errors and omissions by the architect/engineer of up to two percent (2%) of the total project construction award amount as being within the ‘standard of care. The Trustees reserve the right to pursue actions to recover incurred costs above this range. In evaluating incurred costs the Trustees will calculate ‘omissions’ at a rate of 20% of the respective change order amount to provide the missing element whereas ‘errors’ will be calculated at 100% of the change order amount to correct the condition. The Trustees may elect to seek reimbursement if a higher rate of Errors and Omissions is experienced by calling for a negotiated settlement with the Architect/Engineer. The Architect/Engineer shall respond in good faith in such an event. The decision to seek recovery or a portion thereof is elective to the Trustees and will vary depending upon individual project circumstances. The application of the 2% and the 20% by the Trustees is not intended by the Architect/Engineer to be an admission of design errors or omissions nor is it meant to increase or to decrease the Architect/Engineer’s duty of care which is based upon performing services within the usual and customary professional care and in accordance with generally accepted practices in effect at the time the services are rendered.
Acceptance of certificates. On receiving a certificate, the Subscriber/Subscriber representative undertakes to verify the content, especially the correctness of the data and the complementariness of the public key to the private one, he holds. If the certificate shows irregularities, mistakes or any other inconsistency with the data presented for registration, the Subscriber/Subscriber representative shall notify immediately the Certification Authority, for the revocation of the certificate. The certificate is considered accepted, when it is downloaded from the Registration Authority website, The acceptance of the certificate is a unilateral decision of the Subscriber/Subscriber representative, prior to its usage for performing a cryptographic operation.
Acceptance of certificates. Great Parks’ acceptance of any certificate of insurance evidencing Design Firm’s insurance coverage and limits does not constitute approval or agreement by Great Parks that the insurance requirements have been met or that the insurance policies shown in the certificates of insurance are in compliance with the requirements of this Agreement. Failure of
Acceptance of certificates. Certificates issued under the authority of a Party shall be accepted by the other Party for all purposes covered by the present Protocol. They shall be regarded by the other Party as having the same force as certificates issued by them.