Common use of Aircraft and Watercraft Liability Insurance Clause in Contracts

Aircraft and Watercraft Liability Insurance. Aircraft and watercraft liability insurance with respect to owned or non-owned aircraft and watercraft if used directly or indirectly in the performance of the Work, including use of additional premises, shall be subject to limits of not less than [REDACTED] inclusive per occurrence for bodily injury, death, and damage to property including loss or use thereof and limits of not less than [REDACTED] for aircraft passenger hazard. Such insurance shall be in a form acceptable to the Owner and the Lender.

Appears in 2 contracts

Samples: Guaranteed Price Contract, Guaranteed Price Contract

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Aircraft and Watercraft Liability Insurance. Aircraft and watercraft liability insurance with respect to owned or non-non owned aircraft and watercraft if used directly or indirectly in the performance of the Work, including use of additional premises, shall be subject to limits of not less than [REDACTED] inclusive per occurrence for bodily injury, death, and damage to property including loss or use thereof and limits of not less than [REDACTED] for aircraft passenger hazard. Such insurance shall be in a form acceptable to the Owner and the Lender.

Appears in 1 contract

Samples: Guaranteed Price Contract

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Aircraft and Watercraft Liability Insurance. Aircraft and watercraft liability insurance with respect to owned or non-owned aircraft and watercraft if used directly or indirectly in the performance of the Work, including use of additional premises, shall be subject to limits of not less than $[REDACTED] inclusive per occurrence for bodily injury, death, and damage to property including loss or use thereof and limits of not less than $[REDACTED] for aircraft passenger hazard. Such insurance shall be in a form acceptable to the Owner and the LenderTrustee.

Appears in 1 contract

Samples: Guaranteed Price Contract

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