Authority Insurance Sample Clauses

Authority Insurance. The Authority shall use reasonable commercial efforts to purchase and carry fire, casualty, public liability and other insurance on the System, or to otherwise establish and fund its own self-insurance program or participate in any State-administered pooled risk or self-insurance program, for purposes and in amounts which ordinarily would be carried or funded by a person or entity owing and maintaining facilities similar to the System.
AutoNDA by SimpleDocs
Authority Insurance. The Authority shall insure, and at all times keep insured, Garage A and the QTA against loss or damage by fire, lightning, tornado, windstorm, hail, explosion, riot attending a strike, civil commotion, vandalism, sprinkler leakage, aircraft, vehicles, smoke, or at the option of the Authority, under policies providing no less restrictive coverage than that provided by standard coverage endorsements, in an amount not less than and in such forms as recommended by the Authority's Insurance consultant. The premiums for such insurance shall be paid by the Authority.
Authority Insurance. The Authority will carry insurance or maintain self-insurance with respect to the Authority’s Waterworks System of the kinds and in the amounts which are customarily carried or maintained by entities operating similar properties, including, without limiting the generality of the foregoing, fire and other casualty and public liability insurance or protection. All moneys received for loss under the insurance policies or on deposit as self-insurance reserve funds shall be used in making good the loss or damage in respect of which they were paid except to the extent no longer deemed useful to or profitable in the operation of the Authority’s Waterworks System, whether by repairing the property damaged or replacing the property destroyed, and provision for making good such loss or damage or replacing the property destroyed shall be made within a reasonable time from date of loss. The proceeds derived from any and all policies or available from self-insurance reserves for public liability losses shall be used in paying or reimbursing any accounts from which payments for settlements, judgments or expenses were advanced.
Authority Insurance. 20.1 Prior to the provision of services under this MOU, AUTHORITY agrees to purchase all required insurance at AUTHORITY’s expense, including all (WJP0219) Page 36 of 53 (4.18.19) endorsements required herein, necessary to satisfy COUNTY that the insurance provisions of this MOU have been complied with. AUTHORITY agrees to keep such insurance coverage, Certificates of Insurance and endorsements on deposit with COUNTY during the entire term of this MOU. In addition, all subcontractors performing work on behalf of AUTHORITY pursuant to this MOU shall obtain insurance subject to the same terms and conditions as set forth herein for AUTHORITY.
Authority Insurance. (a) SUBCONTRACTOR agrees to provide AIR GROUND with copies of all of SUBCONTRACTOR's authorities and registrations which authorize SUBCONTRACTOR to provide service for AIR GROUND. SUBCONTRACTOR shall provide copies of those authorities and registrations as they are updated. (b) SUBCONTRACTOR agrees that it will maintain in effect during each term of this Agreement, the insurance coverage required by federal and state laws and regulations applicable to the service being performed and commodities being transported by SUBCONTRACTOR for AIR GROUND. SUBCONTRACTOR accepts primary responsibility for knowing and keeping current with respect to the federal and/or state laws and regulations that are applicable to the service SUBCONTRACTOR is performing for AIR GROUND and the commodities SUBCONTRACTOR is transporting for AIR GROUND. (c) SUBCONTRACTOR shall maintain public liability and property damage insurance with limits of liability of at least $1,000,000.00 per incident on each vehicle used to perform its obligations under this Agreement. SUBCONTRACTOR shall also maintain cargo insurance with limits of liability of at least $100,000.00 per incident on each vehicle used to perform its obligations under this Agreement. SUBCONTRACTOR will provide all workers' compensation insurance as required by law. SUBCONTRACTOR shall provide such additional insurance coverages and amounts as AIR GROUND may require from time to time. (d) Upon AIR GROUND's request, SUBCONTRACTOR will provide copies of all of SUBCONTRACTOR's currently-effective insurance policies. (e) SUBCONTRACTOR shall provide such additional insurance coverage types and amounts as requested by AIR GROUND from time to time.
Authority Insurance. ‌ (a) The Authority shall procure and maintain commercial general liability insurance on a per-event basis for each Authority Event for any third-party liability that may arise in connection with the same, having a single combined minimum limit that is commensurate with the size of the Authority Event, such limit to be reasonably agreed upon by the Parties. (b) The Authority shall procure and maintain workers' compensation insurance and any and all other statutory forms of insurance now or hereafter prescribed by Applicable Law, providing statutory coverage under the laws of the State of Tennessee and Employer’s Liability Insurance for all Persons employed by the Authority in connection with the Premises. In the case of Employer’s Liability Insurance, such insurance shall have limits in amounts commensurate with the scope of duties of the Authority employees and the size of any applicable Authority Event, such limits to be reasonably agreed upon by the Parties. This coverage must include a waiver of subrogation in favor of XxxxXx, TeamCo, HoldCo and any other parties required by StadCo from time to time. The required limits may be satisfied through a combination of primary and umbrella/excess policies. (c) The Authority shall provide certificates of insurance in such manner as is acceptable to StadCo. StadCo and TeamCo shall be named an additional insured on all policies with respect to Authority’s use of the Premises, as its interests may appear. The Authority shall provide to StadCo endorsements on Forms CG2010 and CG2037 naming StadCo as an additional insured. The Authority shall provide to StadCo such evidence of compliance with StadCo’s insurance requirements as StadCo may from time-to-time request. The Authority shall provide, before or at the Commencement Date, all certificates of insurance as required. All such certificates shall be completed to show compliance with Authority’s obligations hereunder. StadCo may also require copies of the declaration page, insurance policy and endorsements.
Authority Insurance. Authority will, at all times during the Term of this Contract, carry a policy or policies of commercial general liability insurance and special form causes of loss insurance, all in such forms and amounts and with such deductibles and self-insured retentions as Authority reasonably deems appropriate.
AutoNDA by SimpleDocs
Authority Insurance. Prior to the provision of services under this MOU, AUTHORITY agrees to p urchase all required insurance at AUTHORITY’s expense, including all endorsements required herein, necessary to satisfy COUNTY that the insurance p rovisions of this MOU have been complied with. AUTHORITY agrees to keep such insurance coverage, Certificates of Insurance and endorsements on deposit w ith COUNTY during the entire term of this MOU. In addition, all s ubcontractors performing work on behalf of AUTHORITY pursuant to this M OU shall obtain insurance subject to the same terms and conditions as set forth herein for AUTHORITY. AUTHORITY shall ensure that all subcontractors performing work on behalf of A UTHORITY pursuant to this MOU shall be covered under AUTHORITY’s i nsurance as an Additional Insured or maintain insurance subject to the same terms and conditions as set forth herein for AUTHORITY. AUTHORITY shall not allow subcontractors to work if subcontractors have less than the level of coverage required by COUNTY from AUTHORITY under this MOU. It is the obligation of AUTHORITY to provide notice of the insurance requirements to every subcontractor and to receive proof of insurance prior to allowing any subcontractor to begin work. Such proof of insurance must be maintained by A UTHORITY through the entirety of this MOU for inspection by COUNTY r epresentative(s) at any reasonable time. If AUTHORITY fails to maintain insurance acceptable to COUNTY for the full t erm of this MOU, COUNTY may terminate this MOU.

Related to Authority Insurance

  • Indemnity Insurance a. The Service Provider agrees to indemnify and save harmless the City, its officers, agents and employees against and from any and all actions, suits, claims, demands or liability of any character whatsoever brought or asserted for injuries to or death of any person or persons, or damages to property arising out of, result from or occurring in connection with the performance of any service hereunder. b. The Service Provider shall take all necessary precautions in performing the work hereunder to prevent injury to persons and property. c. Without limiting any of the Service Provider's obligations hereunder, the Service Provider shall provide and maintain insurance coverage naming the City as an additional insured under this Agreement of the type and with the limits specified within Exhibit C, consisting of one (1) page, attached hereto and incorporated herein by this reference. The Service Provider before commencing services hereunder, shall deliver to the City's Purchasing Director, P. O. Xxx 000, Xxxx Xxxxxxx, Colorado 80522, one copy of a certificate evidencing the insurance coverage required from an insurance company acceptable to the City.

  • FDIC Insurance For any deposit accounts you open, the FDIC requires Bank to disclose, and you hereby acknowledge, that deposits held by Evolve Bank & Trust are insured up to $250,000 federal deposit insurance limit, per depositor for each ownership category.

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Liability Insurance To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer.

  • The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies, if written on a Claims First Made Basis, shall be maintained in full force and effect for two (2) years after termination of this LGIA, which coverage may be in the form of tail coverage or extended reporting period coverage if agreed by the Parties.

  • Commercial Umbrella Liability Insurance The Contractor shall provide a Commercial Umbrella Liability Insurance to provide excess coverage above the Commercial General Liability, Commercial Business Automobile Liability and the Workers' Compensation and Employers' Liability to satisfy the minimum limits set forth herein. The umbrella coverage shall follow form with the Umbrella limits required as follows: $ 2,000,000 per Occurrence $2,000,000 per Occurrence $ 4,000,000 Aggregate $10,000,000 Aggregate Additional Requirements for Commercial Umbrella Liability Insurance are shown below at Paragraph 1.5.3.3.6.

  • Fire Insurance The LESSEE shall not permit any use of the leased premises which will make voidable any insurance on the property of which the leased premises are a part, or on the contents of said property or which shall be contrary to any law or regulation from time to time established by the New England Fire Insurance Rating Association, or any similar body succeeding to its powers. The LESSEE shall on demand reimburse the LESSOR, and all other tenants, all extra insurance premiums caused by the LESSEE's use of the premises.

  • Crime Insurance Contractor shall maintain during the term of the Contract Crime Insurance on a “loss sustained form” or “loss discovered form,” and coverage must include the following:  The policy must allow for reporting of circumstances or incidents that might give rise to future claims.  The policy must include an extended reporting period of no less than one (1) year with respect to events which occurred but were not reported during the term of the policy.  Any warranties required by the Contractor’s insurer as a result of this Contract must be disclosed and complied with. Said insurance shall extend coverage to include the principals (all directors, officers, agents and employees) of the Contractor as a result of this Contract.  The policy shall include coverage for third party fidelity and name “The People of the State of New York, the New York State Office of General Services, any entity authorized by law or regulation to use this Contract as an Authorized User and their officers, agents, and employees” as “Loss Payees” for all third party coverage secured. This requirement applies to both primary and excess liability policies, as applicable.  The policy shall not contain a condition requiring an arrest and conviction.  The policy shall include coverage for computer crime/fraud.

  • Group Insurance All employees covered by this Agreement shall receive the same group insurance benefits as provided to other County employees in accordance with the County Benefit Program.

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