Common use of Agent’s Insurance Clause in Contracts

Agent’s Insurance. Agent shall maintain at Agent’s cost and expense until the Sale Termination Date, 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 Payment 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).

Appears in 1 contract

Samples: Agency Agreement (Wet Seal Inc)

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Agent’s Insurance. Agent shall maintain at Agent’s cost and expense until as an Expense hereunder throughout the Sale Termination DateTerm, 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 as additional insured insureds with respect to such policies. Prior to the Payment Date, Agent shall deliver to Merchant certificates evidencing such insurance policies setting forth the duration thereof and naming Merchant as an additional insuredinsureds, 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 (agents, other than Agent or Agent’s employees, agents or independent contractorscontractors (including Merchant’s employees under Agent’s supervision).

Appears in 1 contract

Samples: Agency Agreement

Agent’s Insurance. Agent shall maintain at Agent’s 's cost and expense until throughout the Sale Termination DateTerm, 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 's agency at the Stores, and shall cause Merchant to be named as an additional insured with respect to such policies. Prior to the Payment 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, policies Agent shall be responsible for the payment of all deductibles, retentions retention's 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 's employees, independent contractors or agents (other than Agent or Agent’s 's employees, agents or independent contractors).

Appears in 1 contract

Samples: Agency Agreement (Crown Books Corp)

Agent’s Insurance. Agent shall maintain at Agent’s cost and expense until as an Expense hereunder throughout the Sale Termination DateTerm, 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 as additional insured insureds and loss payees with respect to such policies. Prior to the Payment Date, Agent shall deliver to Merchant certificates evidencing such insurance policies setting forth the duration thereof and naming Merchant as an additional insuredinsureds, 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 (agents, other than Agent or Agent’s employees, agents or independent contractorscontractors (including Merchant’s employees under Agent’s supervision).

Appears in 1 contract

Samples: Agency Agreement (Linens 'N Things Center, Inc.)

Agent’s Insurance. Agent shall maintain at Agent’s 's cost and expense until throughout the Sale Termination DateTerm, 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 Agent `s agency at the Stores, and shall cause Merchant to be named an additional insured with respect to such policies. Prior to the Payment 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, policies Agent shall be responsible for the payment of all deductibles, retentions retention's 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 's employees, independent contractors or agents (other than Agent or Agent’s 's employees, agents or independent contractors).

Appears in 1 contract

Samples: Agency Agreement (Factory 2 U Stores Inc)

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Agent’s Insurance. Agent shall maintain at Agent’s 's cost and expense until throughout the Sale Termination DateTerm, 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 's agency at the Stores, and shall cause Merchant to be named an additional insured with respect to such policies. Prior to the Payment 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, policies Agent shall be responsible for the payment of all deductibles, retentions retention's 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 's employees, independent contractors or agents (other than Agent or Agent’s 's employees, agents or independent contractors).

Appears in 1 contract

Samples: Agency Agreement (Solo Serve Corp)

Agent’s Insurance. Agent shall maintain at Agent’s cost and expense until throughout the Sale Termination DateTerm, 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 as additional insured insureds and loss payees with respect to such policies. Prior to the Payment Date, Agent shall deliver to Merchant certificates evidencing such insurance policies setting forth the duration thereof and naming Merchant as an additional insuredinsureds, 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 (agents, other than Agent or Agent’s employees, agents or independent contractorscontractors (including Merchant’s employees under Agent’s supervision).

Appears in 1 contract

Samples: Agency Agreement (Linens Holding Co.)

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