under this Deed related to the carrying out of the Approved Purpose have been performed. Grantor to be named as an interested party The insurance contract required by clause 10.2must name the Grantor as an interested party in respect of the Recipient for the purpose of indemnifying the Grantor for any vicarious or other legal liability (if any) it may have in respect of any injury, death, damage or loss caused by a negligent act or omission of the Recipient or the Recipient’s employees or agents. Recipient to notify Grantor The Recipient must notify the Grantor in writing as soon as practicable if: the insurance contract required by clause 10.2 lapses, is cancelled or is materially altered; or the Recipient claims, or becomes entitled to claim, under the insurance contract for something related to the carrying out of the Approved Purpose or this Deed. Protection of insurance The Recipient must: comply with the insurance contract required by clause 10.2; not do anything which may result in the cancellation of the insurance contract, the refusal by the insurer to renew the insurance contract, or the loss of any right to claim under the insurance contract; not without the prior written consent of the Grantor vary, rescind, cancel or terminate the insurance contract. Policy documents The Recipient must give to the Grantor: when requested by the Grantor, a copy of the insurance contract required by clause 10.2 and evidence of the currency of that insurance contract; and a copy of each document issued to the Recipient by the insurer in relation to that insurance contract. Representations and warranties Warranties The Recipient represents and warrants to the Grantor that: (no disputes): except as previously disclosed in writing by the Recipient to the Grantor prior to the date of this Deed, there are no actions or proceedings commenced or threatened affecting the Recipient which may affect its capacity to perform its obligations under this Deed; (transaction permitted): the execution, delivery and performance of this Deed by the Recipient will not breach in any respect any provision of: any applicable Law or any order or ruling of a Government Body;
under this Deed related to the carrying out of the Approved Purpose have been performed. Grantor to be named as an interested party The insurance contract required by clause 10.2must name the Grantor as an interested party in respect of the Recipient for the purpose of indemnifying the Grantor for any vicarious or other legal liability (if any) it may have in respect of any injury, death, damage or loss caused by a negligent act or omission of the Recipient or the Recipient’s employees or agents. Recipient to notify Grantor The Recipient must notify the Grantor in writing as soon as practicable if: the insurance contract required by clause 10.2 lapses, is cancelled or is materially altered; or the Recipient claims, or becomes entitled to claim, under the insurance contract for something related to the carrying out of the Approved Purpose or this Deed. Protection of insurance The Recipient must: comply with the insurance contract required by clause 10.2; not do anything which may result in the cancellation of the insurance contract, the refusal by the insurer to renew the insurance contract, or the loss of any right to claim under the insurance contract; not without the prior written consent of the Grantor vary, rescind, cancel or terminate the insurance contract. Policy documents The Recipient must give to the Grantor: when requested by the Grantor, a copy of the insurance contract required by clause 10.2 and evidence of the currency of that insurance contract; and a copy of each document issued to the Recipient by the insurer in relation to that insurance contract. Representations and warranties Warranties The Recipient represents and warrants to the Grantor that: (no disputes): except as previously disclosed in writing by the Recipient to the Grantor prior to the date of this Deed, there are no actions or proceedings commenced or threatened affecting the Recipient which may affect its capacity to perform its obligations under this Deed; (transaction permitted): the execution, delivery and performance of this Deed by the Recipient will not breach in any respect any provision of: any applicable Law or any order or ruling of a Government Body;
Grant_Deed_Part_Three.docx