Common use of Annual Aggregates Clause in Contracts

Annual Aggregates. If there is imposed under any liability insurance policy required hereunder an annual aggregate which is applicable to claims other than products liability and completed operations, such an annual aggregate shall not be less than Two Million Dollars ($2,000,000) or two (2) times the per occurrence limit required for such insurance, whichever is greater.

Appears in 4 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Annual Aggregates. If there is imposed under any liability insurance policy required hereunder an annual aggregate which is applicable to claims other than products liability and completed operations, such an annual aggregate shall not be less than Two Four Million Dollars ($2,000,0004,000,000) or two (2) times the per occurrence limit required for such insurance, whichever is greater.

Appears in 4 contracts

Samples: Lease Agreement, Funding Agreement, Funding Agreement

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Annual Aggregates. If there is imposed under any liability insurance policy required hereunder an annual aggregate which is applicable to claims other than products liability and completed operations, such an annual aggregate shall not be less than Two Four Million Dollars ($2,000,0004,000,000) or two (2) times the per per-occurrence limit required for such insurance, whichever is greater.

Appears in 1 contract

Samples: Lease Agreement

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