AUTOMOBILE INDEMNITY Sample Clauses

AUTOMOBILE INDEMNITY. The Trust agrees, subject to the limitations, terms and conditions hereunder mentioned, to pay on behalf of the Indemnitee sums which the Indemnitee shall be obligated to pay by reason of the liability imposed upon the Indemnitee by law or assumed by the Indemnitee under contract or agreement, for damages as more fully defined by the term "ultimate net loss," arising out of any occurrence suffered or alleged to have been suffered by any person (excepting employees of the Indemnitee injured in the course of their employment) arising out of the ownership, maintenance or use of any automobile or contractors’ equipment. For an automobile not owned by the Indemnitee, coverage under this indemnity agreement is excess only and secondary to the indemnity coverage covering the automobile utilized by the employee of the Indemnitee. Coverage under this indemnity agreement shall extend only to non-owned automobiles that have current primary standard auto liability coverage. Excess under this indemnity agreement means an amount above the indemnity agreement limits covering the non-owned automobile not to exceed $750,000 for each claim and $1,500,000 for each occurrence. The indemnitor with primary coverage for the automobile shall have the duty under its indemnity agreement to defend and indemnify against any claim arising out of the ownership, maintenance, or use of the automobile.
AutoNDA by SimpleDocs

Related to AUTOMOBILE INDEMNITY

  • Insurance Indemnity 16.1 The NZOC will arrange travel and public liability insurance for all members of the Team, a summary of which will be provided to you by the NZOC as soon as practicable.

  • Automobile Insurance Comprehensive Automobile Liability Insurance insuring bodily injury and property damage arising from all owned, non-owned and hired vehicles, if any, with minimum limits of liability of $1,000,000 combined single limit, per accident.

  • INSURANCE/INDEMNIFICATION A. The School agrees to provide the following proof of insurance:

  • Automobile Liability $1,000,000 per accident for bodily injury and property damage.

  • Insurance and Indemnity (a) The Hirer shall be liable for:

  • Automobile Expense When a State-owned vehicle is not available and an employee is required to use his/her personal automobile to conduct authorized State business, the Appointing Authority shall reimburse the employee at the then current Federal IRS mileage reimbursement rate on the most direct route according to Transportation Department records. When a State-owned vehicle is offered and declined by the employee, mileage shall be paid at the rate of seven (7) cents per mile less than the current Federal IRS mileage reimbursement rate on the most direct route. However, if a State-owned vehicle is available, the Appointing Authority may require an employee to use the State car to conduct authorized State business. Deviations from the most direct route, such as vicinity driving or departure from the employee's residence, shall be shown separately on the employee's daily expense record and reimbursed under the foregoing rates. Actual payment of toll charges and parking fees shall be reimbursed. An employee shall not be required by the Appointing Authority to carry automobile insurance coverage beyond that required by law. When employees do not report to the office during the day or are required to make business calls before or after reporting to the office, their allowable mileage is the lesser of the mileage from their home to the first stop or from the office to the first stop; all mileage between points visited on state business during the day; and the lesser of the mileage from the last stop to their home or from the last stop to the office. Employees accepting mobility assignments, as defined in Administrative Procedure 1.1, are not eligible for mileage reimbursement for the trip between their home and the mobility assignment. Employees who use a specially equipped personal van or van-type vehicle on official State business shall be reimbursed for mileage at a rate of forty-two (42) cents per mile on the most direct route. In order to qualify for this reimbursement rate, the vehicle must be equipped with a ramp, lift, or other level exchanging device designed to provide access for a wheelchair. Reimbursement for use of a motorcycle on official State business shall be at a rate of fifteen (15) cents per mile on the most direct route. The Appointing Authority may authorize travel in personal aircraft when it is deemed in the best interest of the State. Mileage reimbursement in such cases shall be at a rate of forty-five (45) cents and shall be based on the shortest route based on direct air mileage between the point of departure and the destination.

  • Commercial Automobile Insurance If the Grantee’s duties include the use of a commercial vehicle, the Grantee shall maintain automobile liability, bodily injury, and property damage coverage. Insuring clauses for both bodily injury and property damage shall provide coverage on an occurrence basis. The Department, its employees, and officers shall be named as an additional insured on any automobile insurance policy. The minimum limits shall be as follows: $200,000/300,000 Automobile Liability for Company-Owned Vehicles, if applicable $200,000/300,000 Hired and Non-owned Automobile Liability Coverage

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • Comprehensive Automobile and Truck Liability Insurance covering owned, hired and non-owned vehicles, with a combined bodily injury and property damage limit of $1,000,000.00 per occurrence; or separate limits of $250,000 for bodily injury (per person), $500,000 bodily injury (per accident), and $100,000 for property damage.

  • Business Automobile Insurance This insurance shall contain a combined single limit of at least $1,000,000 per occurrence, and include coverage for, but not limited to the following:  Bodily injury and property damage  Any and all vehicles owned, used or hired The policy shall also contain the following endorsements or language, which shall be indicated on the certificate of insurance:  Waiver of subrogation in favor of and acceptable to Railway.  Additional insured endorsement in favor of and acceptable to Railway.  Separation of insureds.  The policy shall be primary and non-contributing with respect to any insurance carried by Railway.

Time is Money Join Law Insider Premium to draft better contracts faster.