Common use of ARTC’s insurance policies Clause in Contracts

ARTC’s insurance policies. (a) ARTC will during the Term take out and maintain a liability insurance policy which provides an indemnity in respect of: (i) loss of, loss of use of, and destruction or damage to, real or personal property; (ii) injury to, or disease or death of, persons; and (iii) ARTC’s liability to the Operator under clause 15 to the extent coverable by insurance. (b) The liability insurance policy referred to in clause 16.2(a) will have a limit of liability of not less than $250,000,000 for any one occurrence.

Appears in 12 contracts

Samples: Operator Sub Agreement, Operator Sub Agreement, Operator Sub Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!