AMI Insurance Sample Clauses
The AMI Insurance clause establishes the requirement for obtaining and maintaining insurance coverage through AMI, a specific insurance provider. Typically, this clause outlines the types of insurance policies that must be held, such as property or liability insurance, and may specify minimum coverage amounts or particular terms that must be met. By mandating insurance through AMI, the clause ensures that all parties are adequately protected against potential risks or losses, thereby allocating risk and providing financial security in the event of unforeseen incidents.
AMI Insurance. AMI shall procure and maintain in effect a [*** Confidential] liability policy of insurance (the “Policy”) which shall at all times (1) be acceptable to USC; (2) provide to AMI [*** Confidential] coverage for [*** Confidential] and [*** Confidential] coverage for AMI’s indemnification obligations herein; and (3) provide [*** Confidential] coverage [*** Confidential] to protect AMI from any and all adverse claims which may be asserted against AMI, its trustees, officers, medical and professional staff, employees and agents and their respective successors, heirs and assigns. A Certificate evidencing the [*** Confidential] shall be timely delivered to USC at any time such coverages are renewed and upon any request by USC. AMI shall maintain [*** Confidential] after any termination of this Agreement. The insurance coverage required under this paragraph 23(a) shall not be construed to create a limit of AMI’s liability with respect to its indemnification in Paragraph 22 or any other provision of this Agreement.