Common use of CONTRACTOR SOFTWARE Clause in Contracts

CONTRACTOR SOFTWARE. The CONTRACTOR Software comprises the following items The Third Party Software shall include/consist of the following items, including any Open Source Ordered Software: SCHEDULE 2-17 INSURANCES This Schedule contains the list of insurances to be maintained by the CONTRACTOR. The CONTRACTOR shall: maintain these insurances with a reputable insurance company on terms that are as favourable to those generally available to a prudent service provider in respect of risks insured in the international insurance market; and not cancel these insurances or make any material change to them without the express written consent of the CUSTOMER. The CONTRACTOR shall procure that nothing is done which would entitle the relevant insurer to cancel, rescind or suspend any insurance or cover, or to treat any insurance, cover or claim as avoided in whole or part. The CONTRACTOR shall use reasonable endeavours to notify the CUSTOMER (subject to third party confidentiality obligations) as soon as practicable when it becomes aware of any relevant fact, circumstance or matter which has caused, or is reasonably likely to provide grounds to, the relevant insurer to give notice to cancel, rescind, suspend or avoid any insurance, or any cover or claim under any insurance in whole or in part.