KDF Enterprises - Laserfiche WebLink

Home Browse Search

against Contractor and its affiliates, and (except workers compensation coverage and professional liability coverage) shall, to the extent of the risks and liability assumed by Subcontractor, name Contractor and Contractor's affiliates as additional insureds on a broad form endorsement. All insurance required of Subcontractor shall be placed with insurers acceptable to Contractor with a minimum rating of A- VII by the A.M. Best Company or equivalent. Subcontractor shall require the same coverages described herein from all of its subcontractors. Subcontractor shall be liable to, and shall defend, indemnify, and hold harmless Contractor and its affiliates for any loss or expense, including reasonable attorneys' and expert witness fees, resulting from Subcontractor's failure to provide or require any insurance coverage described herein. Contractor may withhold any and all payments to Subcontractor unless or until Contractor receives evidence of the foregoing insurance coverages, which are deemed a strict condition precedent to Contractor's payment obligation to Subcontractor. If Subcontractor fails to procure or maintain all insurance coverages required in this Agreement, or if Subcontractor fails to deliver all certificates of insurance, Contractor may, but is not 410 obligated to, procure such insurance coverages and deduct the premium costs (and/or deductibles) for same from any payments owed Subcontractor. Subcontractor's insurance obligations are independent from Subcontractor's defense, indemnity, and hold harmless obligations in this Agreement, which defense, indemnity, and hold harmless obligations are not limited or diminished by this paragraph. All insurance benefits and protections granted to Contractor (or any Indemnitee) under this Agreement shall extend to or be used to satisfy all Subcontractor's defense, • indemnity, and hold harmless obligations under this Agreement. 22. Subcontractor hereby waives and releases the governmental entity, project owner, the prime contractor, Contractor, and its affiliates together with their respective members, managers, directors, officers, employees, insurers, underwriters, sureties, successors, and assigns from all liability, claims, causes of action, and demands for lost profits, incidental, unabsorbed overhead, delay damages, attorneys' fees, punitive damages, consequential or special damages of any kind in connection with or related to KDF Enterprises, LLC RFP Disaster Debris Management and Disposal Services 18-04-02