Buyer Insurance. Buyer shall maintain the following insurance during the Term:
Buyer Insurance. Buyer is required to obtain and maintain appropriate insurance policies, on its own, or with assistance of Seller, in the nature and amounts as follows:
(a) Commercial General Liability with a USD$ 1 million per occurrence and USD$2 million General Aggregate
(b) Seller, Inc. must be named as an additional insured on each such policy. Upon Seller’s request, Buyer must provide its certificates of insurance to Seller. Buyer must notify Seller at least thirty (30) days prior to any cancellation of, or material change to Buyer’s insurance.
Buyer Insurance. Buyer represents and warrants that it shall maintain the following insurance coverage, comprehensive airline liability, aircraft third party, war risk and allied perils, property damage, passenger, baggage, and cargo and airline general third party (including aircraft liability, product liability, and completed operations) insurance, and comprehensive all risk liability insurance in amounts and on terms comparable to policies carried by similarly situated companies covering the Aircraft. Such insurance policy shall name Seller and of each Seller Indemnitee as an additional insured on any liability policies covering the Aircraft for a period of two years after the Delivery Date (it being understood that the preceding shall not apply to any hull insurance). Buyer will cause its insurers to ensure that the insurance required under this Section 8 will continue in force for the benefit of any Insured Party for at least 30 days after written notice to Seller, except that with respect to war risk and allied perils coverage, seven days' prior written notice may be given if it is impossible to give 30 days' prior written notice. Buyer will cause its insurers to immediately notify Seller in the event of any cancellation of (or prospective cancellation) or any material change (or prospective material change) in the coverage required under this Section 8. Seller will bear no liability for premium charges for any of the coverage required of Buyer under this Section 8.
Buyer Insurance. Promptly following the Closing, Buyer shall obtain and, for a period of six years from and after the Closing Date, Buyer shall maintain, product liability insurance coverage with respect to the Product, from a financially sound and reputable insurance company or companies, that is customary in scope and amount of coverage. Upon a Seller Party’s written request, Buyer shall promptly provide such Seller Party with a copy of the insurance policy or policies providing for such coverage. Section 5.13.
Buyer Insurance. The Buyer Entities shall (i) cause to be put in place as of the Closing Date insurance policies covering the Acquired Entities with coverage amounts and containing terms and
Buyer Insurance. For the three (3) year period following the Closing Date, Buyer shall, in respect of the Business, maintain insurance or self-insurance for general product liability and product recall coverage on terms consistent with such insurance maintained by Seller in respect of the Business immediately prior to the date of this Agreement (it being understood, for the avoidance of doubt, that any Buyer retention constituting, or any Loss covered by, such self-insurance shall not be deemed to be Losses hereunder).
Buyer Insurance. XXXXXXX will maintain, at its sole cost, reasonable insurance against liability and other risks associated with its activities contemplated by this Agreement, including but not limited to commercial general liability and product liability consistent with the normal and customary practices of companies of similar size, nature and scope.
Buyer Insurance. Buyer shall obtain, at its expense, and shall at all times during which Equipment is at the Site or otherwise in Buyer’s possession or control, maintain the following insurance:
Buyer Insurance. At all times during the Term, Buyer shall keep in effect the following insurance coverages:
(a) A commercial general liability insurance policy at least as broad as ISO commercial general liability insurance (for CQ 0001) as necessary to protect Seller from all claims and legal costs for bodily injury or personal injury and property damage arising from the Buyer Operations, in an amount of not less than Two Million and No/100 Dollars ($2,000,000) per occurrence. If Commercial General Liability Insurance or other form with general aggregate limit is used, either the general aggregate limit shall apply separately to the Buyer Operations and Buyer's Site, or the general aggregate limit shall be twice the required occurrence limit set forth above. The policy shall be endorsed to include contractual liability, and shall be endorsed to provide that Seller, its officers, officials, employees, contractors, agents, and volunteers are to be covered as additional insureds with respect to liability arising in connection with the RNG Facility and this Agreement.
(b) An automobile liability insurance policy at least as broad as ISO automobile liability (for CA 0001) covering owned, non-owned, or hired vehicles, in an amount of not less than One Million and No/100 Dollars ($1,000,000.00).
(c) A policy of workmen's compensation in a form and in an amount as required by Florida State law and employer's liability insurance with limits of not less than $1,000,000 each accident.
(d) To the extent that Buyer (or any of its subcontractors) performs professional services, Buyer (or its subcontractor) shall be required to maintain professional liability insurance appropriate to that profession. Such policy shall be written on a "claims made" basis, with a limit of not less than $1,000,000 per claim and in the aggregate. Architects' and Engineers' coverage shall be endorsed to include contractual liability. The date of the policy, or the retroactive coverage under the policy, shall be prior to the start of any work under or in connection with this Agreement. This insurance shall be maintained during the Term of this Agreement and for at least ten consecutive years following its termination. Buyer shall annually submit written evidence of coverage to Seller. Additionally, Buyer shall provide Seller with certified copies of the claims reporting requirements contained within the policies. This insurance shall be endorsed to be applicable solely to claims based upon, arising out of, o...
Buyer Insurance. Promptly following the Closing, Buyer shall obtain and, maintain product liability insurance coverage with respect to the Product from a financially sound and reputable insurance company or companies, that is customary in scope and amount of coverage. Upon Seller's written request, Buyer shall promptly provide Seller with a copy of a certificate of insurance evidencing such insurance in form reasonably acceptable to Seller.
