Renewal of Policies. At least thirty (30) days prior to the expiration of each policy, Developer shall direct their insurance broker or agent to submit to the City’s online insurance compliance system KwikComply at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇.▇▇▇/ a renewal endorsement or renewal certificate showing that the policy has been renewed or extended or, if new insurance has been obtained, evidence of insurance as specified above. If Developer neglects or fails to secure or maintain the insurance required above, Executive Director may, at his or her own option but without any obligation, obtain such insurance to protect City’s interests. The cost of such insurance will be charged to Developer in the next invoice.
Appears in 3 contracts
Sources: Foreign Trade Zone Developer Agreement, Foreign Trade Zone Developer Agreement, Foreign Trade Zone Developer Agreement