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2025-462-E-DEAPR-Recreation Factory Partners-portsplex Management Agreement
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2025-462-E-DEAPR-Recreation Factory Partners-portsplex Management Agreement
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Last modified
7/31/2025 2:31:40 PM
Creation date
7/31/2025 2:29:33 PM
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Contract
Date
7/18/2025
Contract Starting Date
7/18/2025
Contract Ending Date
7/29/2025
Contract Document Type
Contract
Amount
$194,364.00
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Includes copyrighted material of Insurance <br />GA 227 06 23 Services Office, Inc.,with its permission.Page 6 of 16 <br />To the extent possible, <br />notice should include: <br />(1)What the act,error <br />or omission was <br />and when it oc- <br />curred; and <br />(2)The names and <br />addresses of any- <br />one who may suf- <br />fer damages as a <br />result of the act, <br />error or omission. <br />b.If a claim is made or <br />"suit"is brought against <br />any insured,you must: <br />(1)Immediately record <br />the specifics of the <br />claim or "suit"and <br />the date received; <br />and <br />(2)Notify us as soon <br />as practicable. <br />You must see to it that <br />we receive written no- <br />tice of the claim or "suit" <br />as soon as practicable. <br />c.You and any other in- <br />volved insured must: <br />(1)Immediately send <br />us copies of any <br />demands,notices, <br />summonses or le- <br />gal papers re- <br />ceived in connec- <br />tion with the claim <br />or "suit"; <br />(2)Authorize us to ob- <br />tain records and <br />other information; <br />(3)Cooperate with us <br />in the investigation <br />or settlement of the <br />claim or defense <br />against the "suit"; <br />and <br />(4)Assist us,upon our <br />request,in the en- <br />forcement of any <br />right against any <br />person or organi- <br />zation which may <br />be liable to the in- <br />sured because of <br />an act,error or <br />omission to which <br />this insurance may <br />also apply. <br />d.No insured will,except <br />at that insured's own <br />cost,voluntarily make a <br />payment,assume any <br />obligation,or incur any <br />expense without our <br />consent. <br />(2)Item 4.Other Insurance is re- <br />placed by the following: <br />4.Other Insurance <br />If other valid and collectible <br />insurance is available to the <br />insured for a loss we cover <br />under this Employee Benefit <br />Liability Coverage,our obli- <br />gations are limited as fol- <br />lows: <br />a.Primary Insurance <br />This insurance is prima- <br />ry except when c.below <br />applies.If this insurance <br />is primary,our obliga- <br />tions are not affected <br />unless any of the other <br />insurance is also prima- <br />ry.Then,we will share <br />with all that other insur- <br />ance by the method de- <br />scribed in Paragraph b. <br />below. <br />b.Method Of Sharing <br />If all of the other insur- <br />ance permits contribu- <br />tion by equal shares, <br />we will follow this meth- <br />od also.Under this ap- <br />proach each insurer <br />contributes equal <br />amounts until it has <br />paid its applicable limit <br />of insurance or none of <br />the loss remains, <br />whichever comes first. <br />If any of the other in- <br />surance does not permit <br />contribution by equal <br />shares,we will contrib- <br />ute by limits.Under this <br />method,each insurer's <br />share is based on the <br />ratio of its applicable <br />limit of insurance to the <br />total applicable limits of <br />insurance of all insur- <br />ers. <br />Docusign Envelope ID: 177AA06A-30B4-42FF-A85A-78B5A7C51DBE
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