Excess Liability definition

Excess Liability shall have the meaning ascribed to it in Section 6(e).

Excess Liability. National Union Fire Insurance Company of Pittsburgh, policy number ##;

Excess Liability. A fee of $0.35 per $1,000 or fraction thereof for any amounts which exceed the Maximum Liability Coverage amount per shipment.

Examples of Excess Liability in a sentence

• Excess Liability (Occurrence Basis) Amounts of coverage shall be no less than: ▪ $5,000,000 Each Occurrence ▪ Coverage shall “follow form” over underlying policies listed herein.

• Contractor shall maintain such Excess Liability, Professional and Pollution insurance in identical coverage, form and amount, including required endorsements, for at least two (2) years following Date of Substantial Completion of the Work to be performed under this Agreement.

• Excess Liability insurance must insure against bodily injury, personal and advertising injury, and property damage, and all other coverages as specified above (Commercial General Liability, Employer’s Liability, and Commercial Automobile Liability).

• Damage to property rented by you For Bodily Injury and Property Damage of: $1,000,000.00 per occurrence; $2,000,000.00 General Aggregate, or its equivalent in Umbrella or Excess Liability Coverage.

• Umbrella and/or Excess Liability – The umbrella or Excess Liability Policy may be used to combine with underlying policies to obtain the limits required.

More Definitions of Excess Liability

Excess Liability. This insurance shall protect the Other Party and the additional insured against all claims in excess of the limits provided under the employer’s liability, commercial automobile liability, and commercial general liability policies. The policy shall be an “occurrence” type policy and shall follow the form of the General and Automobile Liability. The liability limits shall not be less than: $2,000,000 The Other Party shall also purchase any other coverage required by law for the benefit of employees.

Excess Liability means the excess of liability to income tax over what it would be if all income tax [F69were charged—

Excess Liability means the amount of the Company’s liability (if any), forthe Current Cost Overrun, determined by the Arbitrator under the Cost Overrun Arbitration that exceeds the Liability Cap;

Excess Liability. Limits: $2,000,000 Each Occurrence and $2,000,000 Aggregate

Excess Liability means the excess of liability to income tax over what it would be if all income tax were charged at the basic rate to the exclusion of any higher rate;

Excess Liability. $3,000,000 minimum limits in excess of underlying limits. The umbrella shall be no more restrictive than underlying coverage. Worker's Compensation and Employer's Liability: Statutory New York State limits. Additionally, if applicable: Professional Liability: Minimum limits of $1,000,000. Coverage shall be maintained for at least four years subsequent to the termination date of this contract; during such four-year period, Independent Contractor shall assure that there is no change to the retroactive date of coverage. These coverage's and limits are to be considered minimum requirements under this contract and in no way limit the liability of Independent Contractor. This insurance shall be written by a company licensed to do business in New York State with a minimum A.M. Best rating of A- VII. Each policy shall provide for notification to RIT thirty (30) days prior to termination, material change or restrictive amendments. The insurance companies issuing the policies shall have no recourse against RIT for payment of any premiums or for any assessments under any form or policy. RIT reserves the right to request copies of insurance policies. The insurance policies referred to above shall be primary insurance ahead of any insurance carried by RIT with respect to the Contract. Independent Contractor shall furnish written consent of the insurer to the primacy of these policies if requested by RIT. Independent Contractor shall provide a certificate of insurance to RIT evidencing this coverage prior to performance of the Contract and annually thereafter, at policy renewal dates throughout the period services/goods are provided by the Independent Contractor. This certificate of insurance should also note any self-insured retention/deductible amounts for each policy.

Excess Liability insurance with a single limit of at least Ten Million Dollars ($10,000,000) per occurrence in excess of the limits of the insurance otherwise provided in subparagraph (a), subparagraph (c) (specifically Employer’s Liability) and subparagraph (d);