Failure to Obtain or Maintain. Failure to timely obtain and maintain the insurance coverages as required under this Contract may subject TSP to, among other remedies, the following: • disqualification from eligibility to participate in any other or future projects with TFC; • suspension of work for cause; • in the event TSP fails to timely renew or pay any of the renewal premiums for any expiring policies, TFC shall have the right (but not the obligation) to: (i) make such payments; and/or (ii) acquire replacement coverage, and set off the amount(s) or costs thereof against the next payment(s) coming due to TSP under the Contract or under any other contract between TFC and TSP; and/or • TFC may withhold any payments due to TSP until satisfaction is achieved.
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Sources: Freight Transportation Service Provider Agreement, Freight Transportation Service Provider Agreement
Failure to Obtain or Maintain. Failure to timely obtain and maintain the insurance coverages as required under this Contract may subject TSP to, among other remedies, the following: • :
11.2.7.1. disqualification from eligibility to participate in any other or future projects with TFC; • ;
11.2.7.2. suspension of work for cause; • ;
11.2.7.3. in the event TSP fails to timely renew or pay any of the renewal premiums for any expiring policies, TFC shall have the right (but not the obligation) to: (i) make such payments; and/or (ii) acquire replacement coverage, and set off the amount(s) or costs thereof against the next payment(s) coming due to TSP under the Contract or under any other contract between TFC and TSP; and/or • and/or
11.2.7.4. TFC may withhold any payments due to TSP until satisfaction is achieved.
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Failure to Obtain or Maintain. Failure to timely obtain and maintain the insurance coverages as required under this Contract may subject TSP to, among other remedies, the following: • disqualification from eligibility to participate in any other or future projects with TFC; • suspension of work for cause; • in the event TSP fails to timely renew or pay any of the renewal premiums for any expiring policies, TFC shall have the right (but not the obligation) to: (i) make such payments; and/or (ii) acquire replacement coverage, and set off the amount(s) or costs thereof against the next payment(s) coming due to TSP under the Contract or under any other contract between TFC and TSP; and/or • TFC may withhold any payments due to TSP until satisfaction is achieved.
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