Common use of Default in Insuring Clause in Contracts

Default in Insuring. Should the Contractor or any subcontractor default in taking out or maintaining the insurance policies as stipulated in Clauses 29.1 and 29.2, the Employer (without prejudice to any other rights and remedies available to him at law or under the Contract) may himself procure such insurance policies against any such risks and the amount paid by him in respect of premiums shall be recoverable from the Contractor.

Appears in 1 contract

Sources: Standard Conditions of Contract for Construction and Improvement Works

Default in Insuring. Should the Contractor or any subcontractor default in taking out or maintaining the insurance policies as stipulated in Clauses 29.1 and 29.2, the Employer (without prejudice to any other rights and remedies available to him at law or under the Contractcontract) may himself procure such insurance policies insure against any such risks risk with respect to which the default has occurred and the amount paid by him in respect of premiums shall be recoverable from the Contractor.

Appears in 1 contract

Sources: Construction Contract