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ADAMS STREETER CIVIL ENGINEERS, INC. (2)
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ADAMS STREETER CIVIL ENGINEERS, INC. (2)
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Last modified
5/16/2025 4:27:31 PM
Creation date
4/30/2024 11:23:48 AM
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Contracts
Company Name
ADAMS STREETER CIVIL ENGINEERS, INC.
Contract #
A-2021-085-01
Agency
Public Works
Council Approval Date
6/1/2021
Expiration Date
5/31/2026
Insurance Exp Date
9/1/2025
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-�� $- — <br /> XX. SUBROGATION <br /> In the event of any payment under this Insurance, the Underwriters shall be <br /> subrogated to all the Insureds' rights of recovery therefore against any person or <br /> organization, and the Insured shall execute and deliver instruments and papers <br /> and do whatever else is necessary to secure such rights. The Insured shall do <br /> nothing to prejudice such rights. The Underwriters agrees to waive its rights of <br /> recovery against any client of the Named Insured for a Claim which is covered <br /> pursuant to Insuring Clause I.A.1. and/or I.A.2 of this Policy to the extent the <br /> Named Insured had, prior to such Claim, a written agreement to waive such <br /> rights. Any recoveries shall be applied first to subrogation expenses, second to <br /> Damages, Claims Expenses and Privacy Breach Response Services paid by <br /> the Underwriters, and third to the Each Claim Deductible or Each Incident <br /> Deductible (as applicable). Any additional amounts recovered shall be paid to <br /> the Named Insured. <br /> XXI. ENTIRE AGREEMENT <br /> By acceptance of this Policy, all Insureds agree that this Policy embodies all <br /> agreements existing between them and the Underwriters relating to this <br /> Insurance. Notice to any agent or knowledge possessed by any agent or by any <br /> other person shall not effect a waiver or a change in any part of this Policy or <br /> estop the Underwriters from asserting any right under the terms of this Policy; nor <br /> shall the terms of this Policy be waived or changed, except by written <br /> endorsement issued to form a part of this Policy, signed by the Underwriters. <br /> XXII. VALUATION AND CURRENCY <br /> All premiums, limits, deductibles, Damages and other amounts under this Policy <br /> are expressed and payable in the currency of the United States. If judgment is <br /> rendered, settlement is denominated or another element of Damages under this <br /> Policy is stated in a currency other than United States dollars or if Claims <br /> Expenses are paid in a currency other than United States dollars, payment <br /> under this Policy shall be made in United States dollars at the rate of exchange <br /> published in the Wall Street Journal on the date the judgment becomes final or <br /> payment of the settlement or other element of Damages is due or the date such <br /> Claims Expenses are paid. <br /> XXIII. BANKRUPTCY <br /> Bankruptcy or insolvency of the Insured shall not relieve the Underwriters of their <br /> obligations nor deprive the Underwriters of its rights or defenses under this <br /> Policy. <br /> A-F00001 Page 30 of 31 <br /> 062019 ed. <br />
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