Auto Coverage. The Center shall maintain minimum automobile liability insurance of $1,000,000 per occurrence for personal injury and property damage if contractor or its staff are required to transport students, clients, or staff pursuant to this agreement.
Auto Coverage. Contractor shall obtain and maintain continuously in effect at all times on and after the Commencement Date and through its surrender of the Premises, at its sole cost and expense, automobile liability insurance coverage (the “Auto Coverage”), with a coverage limit of not less than One Million and No/100 Dollars ($1,000,000.00) per occurrence, that insures against claims, damages, losses and liabilities arising from automobile related bodily injury, death and/or property damage, including any such claims, damages, losses or liabilities arising from or relating to the operations or presence of Contractor at the Airport. Each insurance policy providing the Auto Coverage shall name Authority and its Board, officers, directors, and employees as additional insureds thereunder and shall provide that such insurance policy will be considered primary insurance as to any other valid and collectible insurance or self-insured retention Authority may possess or retain. Any insurance coverages maintained by Authority shall be considered excess insurance only. Each insurance policy providing the Auto Coverage shall provide contractual liability coverage under which the issuing insurance company agrees to insure (i) Contractor’s obligations under Section 12.1 hereof and (ii) any other liability that Contractor has under this Agreement for which such insurance policy would otherwise provide coverage. Each insurance company issuing an insurance policy providing the Auto Coverage shall be (A) admitted to do business in the State of Indiana and rated not less than the Minimum Rating or (B) otherwise approved by the Authority. Such approval may be denied or withheld based upon an insurance company’s rating by the Rating Service or other indications of financial inadequacy, as determined in the sole discretion of the Authority.
Auto Coverage. Contractor shall obtain and maintain continuously in effect at all times on and after the Commencement Date and through its surrender of the Premises, automobile liability insurance coverage (the “Auto Coverage”), with a coverage limit of not less than One Million and No/100 Dollars ($1,000,000.00) per occurrence, that insures against claims, damages, losses and liabilities arising from automobile related bodily injury, death and/or property damage, including any such claims, damages, losses or liabilities arising from or relating to the operations or presence of Contractor at the Airport. Each insurance policy providing the Auto Coverage shall name Authority and its Board, officers, directors, and employees as additional insureds thereunder and shall provide that such insurance policy will be considered primary insurance as to any other valid and collectible insurance or self-insured retention Authority may possess or retain. Any insurance coverages maintained by Authority shall be considered excess insurance only. Each insurance policy providing the Auto Coverage shall provide contractual liability coverage under which the issuing insurance company agrees to insure (i) Contractor’s obligations under Section 12.1 hereof and (ii) any other liability that Contractor has under this Agreement for which such insurance policy would otherwise provide coverage. Each insurance company issuing an insurance policy providing the Auto Coverage shall be (A) admitted to do business in the State of Indiana and rated not less than the Minimum Rating or (B) otherwise approved by Authority. Such approval may be denied or withheld based upon an insurance company’s rating by the Rating Service or other indications of financial inadequacy, as determined in the sole discretion of Authority.
Auto Coverage. The Contractor shall maintain minimum automobile liability insurance of $1,000,000 per occurrence for personal injury and property damage if contractor or its staff are required to transport students, clients, or staff pursuant to this agreement.
