Agent’s Insurance Sample Clauses

Agent’s Insurance. Agent shall maintain at Agent’s cost as an Expense hereunder throughout the Sale Term, in such amounts as it currently has in effect, comprehensive public liability insurance policies covering injuries to persons and property in or in connection with Agent’s agency at the Store, and shall cause Merchant to be named as additional insureds with respect to such policies. Agent shall deliver to Merchant certificates evidencing such insurance policies setting forth the duration thereof and naming Merchant as additional insureds, in form and substance reasonably satisfactory to Merchant. In the event of a claim under any such policies, Agent shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the willful misconduct or grossly negligent acts or omissions of Merchant or Merchant’s employees, independent contractors or agents (other than Agent or Agent’s employees, agents or independent contractors). Agent shall not make any change in the amount of any deductibles or self insurance amounts prior to the Sale Termination Date without Merchant's prior written consent.
AutoNDA by SimpleDocs
Agent’s Insurance. Agent shall maintain at Agent's cost as an Expense hereunder throughout the Sale Term, in such amounts as it currently has in effect, comprehensive public liability and automobile liability insurance policies covering injuries to persons and property in or in connection with Agent's agency at the Stores, and shall cause Merchant to be named an additional insured with respect to such policies. Prior to the Sale Commencement Date, Agent shall deliver to Merchant certificates evidencing such insurance policies, setting forth the duration thereof and naming Merchant as an additional insured, in form and substance reasonable satisfactory to Merchant. In the event of a claim under such policies Agent shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, to the extent said claim arises from or relates to the alleged acts or omissions of Agent or Agent's employees, agents or independent contractors).
Agent’s Insurance. The Agent shall maintain at the Agent’s cost and expense throughout the Sale Term in such amounts as it currently has in effect, comprehensive public liability and automobile liability insurance policies with insurance coverage in an amount reasonably satisfactory to the Merchant covering injuries to persons and property in or in connection with the Agent’s agency at the Stores, and shall cause the Merchant to be named as an additional insured with respect to such policies. Exhibit 12.3 lists the Agent’s existing policies and the coverage amounts for the policies. If requested by the Merchant, the Agent shall deliver to the certificates evidencing such insurance policies setting forth the duration thereof and naming the Merchant as additional insured, in form and substance reasonably satisfactory to the Merchant. In the event of a claim under any such policies, the Agent shall be responsible for the payment of all deductibles, retentions, or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or gross negligence of the Merchant or the Merchant’s independent contractors or agents, other than the Agent or the Agent’s employees, agents or independent contractors. All such policies shall require at least 30 days’ prior notice to the Agent of cancellation, non-renewal, or material change during the Sale Term.
Agent’s Insurance. Agent shall maintain at Agent's cost and expense throughout the Sale Term, in such amounts as it currently has in effect, comprehensive public liability and automobile liability insurance policies covering injuries to persons and property in or in connection with Agent's agency at the Stores, and shall cause Merchant to be named an additional insured with respect to such policies. EXHIBIT 12.3 attached hereto contains a description of all such policies. Prior to the Sale Commencement Date, Agent shall deliver to Merchant certificates evidencing such insurance policies setting forth the duration thereof and naming Merchant as an additional insured, in form and substance reasonably satisfactory to Merchant. In the event of a claim under any such policies Agent shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Merchant or Merchant's employees, independent contractors or agents (other than Agent or Agent's employees, agents or independent contractors).
Agent’s Insurance. The Agent shall maintain such insurance as is required by RESA;
Agent’s Insurance. 25 12.4 Worker's Compensation Insurance............................25 12.5
Agent’s Insurance. The Agent agrees to maintain the minimum insurance coverage and comply with each condition set forth below during the duration of this contract with the City. All parties to this contract hereby agree that the Agent's coverage will be primary in the event of a loss, regardless of the application of any other insurance or self-insurance. Contractor must deliver to the City a certificate(s) of insurance evidencing such policies are in full force and effect within 10 business days of notification of the City’s intent to award a Contract. No contract shall be effective until the required certificate(s) have been received and approved by the City. Failure to meet the insurance requirements and provide the required certificate(s) and any necessary endorsements within 10 business days may cause the contract to be rejected. The City reserves the right to review these requirements and to modify insurance coverage and their limits when deemed necessary and prudent.
AutoNDA by SimpleDocs
Agent’s Insurance. Agent shall maintain comprehensive general liability insurance in the minimum amount of One Million Dollars ($1,000,000.00) per each occurrence and One Million Dollars ($1,000,000.00) in the aggregate, combined single limit for bodily injury, death, and property damage. Agent shall maintain the required workers compensation insurance. Agent shall provide Owner with certificates evidencing insurance coverage upon Owner’s reasonable request. Agent shall notify the Owner within ten (10) days from receipt by Agent of notice of modification or cancellation of any insurance coverage required by this Agreement.
Agent’s Insurance. Agent shall maintain at Agent’s cost as an Expense hereunder throughout the Sale Term, in such amounts as it currently has in effect, commercial general liability policies covering injuries to persons and property in or in connection with Agent’s agency at the Store, and shall cause Merchant or Buyer, as applicable, to be named as an additional insured with respect to such policies. Agent shall deliver to Merchant or Buyer, as applicable, certificates evidencing such insurance policies setting forth the duration thereof and naming Merchant or Buyer, as applicable, as an additional insured, in form and substance reasonably satisfactory to Merchant or Buyer, as applicable. In the event of a claim under any such policies, Agent shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the willful misconduct or grossly negligent acts or omissions of Merchant or Buyer or Merchant’s or Buyer’s employees, as applicable, independent contractors or agents (other than Agent or Agent’s employees, agents or independent contractors). Agent shall not make any change in the amount of any deductibles or self insurance amounts prior to the Sale Termination Date without Merchant’s or Buyer’s, as applicable, prior written consent.
Agent’s Insurance. Agent shall maintain at Agent's cost and ----------------- expense throughout the Sale Term, in such amounts as it currently has in effect, comprehensive public liability and automobile liability insurance policies covering injuries to persons and property in or in connection with Agent's agency at the Stores, and shall cause Merchant to be named an additional insured with respect to such policies. Agent shall provide Merchant, c/o Xxx Xxxxx, with true and accurate copies of all such policies. Prior to the Sale Commencement Date, Agent shall deliver to Merchant certificates evidencing such insurance policies setting forth the duration thereof and naming Merchant as an additional insured, in form and substance reasonably satisfactory to Merchant. In the event of a claim under any such policies, Agent shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Merchant or Merchant's employees, independent contractors or agents (other than Agent or Agent's employees, agents or independent contractors).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!