Common use of Architect/Engineers Professional Liability Insurance Clause in Contracts

Architect/Engineers Professional Liability Insurance. Professional liability coverage shall insure from and against all negligent acts, errors, and omissions committed by A/E, its employees, and Consultants, that arise out of this Agreement or the Professional Services performed by A/E, including its vicarious liability. Any retroactive date must be effective prior to beginning of services for TFC. The purchase of an extended discovery period or an extended reporting period on a claims-made policy will not be sufficient to meet the terms of this provision. A/E and its Consultants shall keep such insurance in force at all times during the course of this Agreement and until all claims arising out of the Professional Services are barred by the statute of repose provided under Texas law.

Appears in 2 contracts

Samples: Architect/Engineer Agreement, Architect/Engineer Agreement

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Architect/Engineers Professional Liability Insurance. Professional liability coverage shall insure from and against all negligent acts, errors, and omissions committed by A/EPMP, its employees, and Consultants, that arise out of this Agreement or the Professional Services performed by A/EPMP, including its vicarious liability. Any retroactive date must be effective prior to beginning of services for TFC. The purchase of an extended discovery period or an extended reporting period on a claims-made policy will not be sufficient to meet the terms of this provision. A/E PMP and its Consultants shall keep such insurance in force at all times during the course of this Agreement and until all claims arising out of the Professional Services are barred by the statute of repose provided under Texas law.

Appears in 1 contract

Samples: Program Mangement Professional Agreement

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Architect/Engineers Professional Liability Insurance. Professional liability coverage shall insure from and against all negligent acts, errors, and omissions committed by A/ECxA, its employees, and Consultants, that arise out of this Agreement or the Professional Services performed by A/ECxA, including its vicarious liability. Any retroactive date must be effective prior to beginning of services for TFC. The purchase of an extended discovery period or an extended reporting period on a claims-made policy will not be sufficient to meet the terms of this provision. A/E CxA and its Consultants shall keep such insurance in force at all times during the course of this Agreement and until all claims arising out of the Professional Services are barred by the statute of repose provided under Texas law.

Appears in 1 contract

Samples: Architect/Engineer Agreement

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