AMOUNTS OF INSURANCE. Company agrees to provide and to maintain the following types and amounts of insurance, for the term of this Contract: TYPE AMOUNT
(a) Workers Compensation (where required – Statutory by State Law) Employer’s Liability $100,000 per occurrence
(b) Commercial (Public) Liability, including but not limited to:
a. Premises/ Operations Combined Single Limit b. Independent Contractors c. Personal Injury
d. Products/Completed Operations
e. Contractual Liability (insuring above indemnity provisions) All insured at combined single limits for bodily injury and property damage at $500,000 per occurrence.
(c) Comprehensive Automobile Liability, in include coverage for:
a. Owned/Leased Automobiles
b. Non-owned Automobiles
AMOUNTS OF INSURANCE. The amounts of insurance shall not be less than the following:
AMOUNTS OF INSURANCE. At Lessee's Option: Workers Compensation ----------------------------------------- Insurance or Qualified Non-Subscriber Statutory or ------------------------------------- $1,000,000 Employee Injury Benefit Program ($200,000 deductible) ------------------------------- Employer's Liability $1,000,000 -------------------- (Policy limits may be obtained by purchasing an Umbrella Policy) Fidelity (Employee Dishonesty) $1,000,000 -------- Money and Securities Minimum of $50,000 Loss Inside/ -------------------- $50,000 Loss Outside Hotel Operations Errors & Omissions $1,000,000 ----------------------------------- Guest Property on Premises $5,000 per Claim -------------------------- Guest Property in Safes $100,000 ----------------------- All insurance coverages provided for under this Exhibit "C" shall be effected by policies issued by insurance companies (i) that are authorized to do business in the state in which the Hotel is located; and (ii) that are of good reputation and of sound and adequate financial responsibility, having a Best Rating of A-IX, or better, or a comparable rating if Best ceases to publish its ratings or materially changes its rating standards or procedures. Manager shall deliver to Lessee and the Partnership duly executed certificates of insurance with respect to all of the policies of insurance procured, including existing, additional and renewal policies. Each policy of insurance maintained in accordance with this Exhibit "C", to the extent obtainable, shall specify that such policies shall not be canceled or materially changed without at least thirty (30) days' prior written notice to Lessee, Manager and the Partnership, except for cancellation due to non-payment of premium which shall require ten (10) days' prior written notice to Lessee, Manager and the Partnership. Except as otherwise provided in the Agreement, Manager and Lessee each waives, releases and discharges the other, but only to the extent of collectible insurance proceeds, from all claims or demands which each may have or acquire against the other or the other's subsidiaries, affiliates, directors, officers, agents, employees, independent contractors or partners, with respect to any claims for any losses, damages, liabilities or expenses (including attorneys' fees) incurred or sustained by either of them on account of injury to persons or damage to property or business arising out of the ownership, management, operation and maintenance of the Hotel, regardless whether a...
AMOUNTS OF INSURANCE. The maximum liability of the Insurer in any one loss shall not exceed the amount(s) of insurance specified for each item listed on the schedule of insured property attached hereto or on file with the Insurer.
AMOUNTS OF INSURANCE. Company agrees to provide and to maintain the following types and amounts of insurance, for the term of this Contract: TYPE AMOUNT
(a) Workers Compensation (where required – Statutory by State Law) Employer’s Liability $100,000 per occurrence
(b) Commercial (Public) Liability, including but not limited to:
a. Premises/ Operations Combined Single Limit b. Independent Contractors c. Personal Injury
d. Products/Completed Operations
AMOUNTS OF INSURANCE. The Amounts of Insurance shown in the Declarations and the rules below fix the most we will pay regardless of the number of:
a. Insureds;
b. Claims made or "actions" brought; or
c. Persons or organizations making claims or bringing "actions".
AMOUNTS OF INSURANCE. Licensee shall maintain the following insurance limits:
(a) Commercial General Liability insurance shall be written with limits of $1,000,000 each occurrence for bodily injury and property damage, $2,000,000 general aggregate and a $2,000,000 products-completed operations aggregate limit.
(b) Automobile Liability insurance with a combined single limit for bodily injury and property damage of $1,000,000 per accident.
AMOUNTS OF INSURANCE. The amounts of insurance shall be the following: General Liability – two million dollars ($2,000,000) per occurrence Auto Liability – two million dollars ($2,000,000) per occurrence Worker’s Compensation – State statutory limit
AMOUNTS OF INSURANCE. An eligible person may apply for insurance under any one of the Options set forth in the Master Schedule.
AMOUNTS OF INSURANCE. Builders Risk Completed value of the Hotel
