Common use of Buyer’s Insurance Clause in Contracts

Buyer’s Insurance. Commencing on the date of this Agreement and at all times thereafter throughout the Term of this Agreement, Buyer shall maintain, at is sole cost and expense, comprehensive general public liability (including contractual) insurance, in an amount not less than $10,000,000, with respect to any liability, losses, damages, expenses, claims, actions, judgments and settlement for any personal injury, death or property or economic loss occurring in Buyer's Facilities (exclusive of the Thermal Energy Production Facilities) or surrounding premises and arising out of or incident to the operation, maintenance, repair, construction, replacement or modification of Buyer's Facilities (exclusive of the Thermal Energy Production Facilities).

Appears in 3 contracts

Samples: Thermal Energy Service Agreement (Trump Hotels & Casino Resorts Funding Inc), Thermal Energy Service Agreement (Trump Hotels & Casino Resorts Inc), Thermal Energy Service Agreement (Trump Atlantic City Funding Inc)

AutoNDA by SimpleDocs

Buyer’s Insurance. Commencing on the date of this Agreement and at all times thereafter throughout the Term of this Agreement, Buyer shall maintain, at is its sole cost and expense, comprehensive general public liability (including contractual) insurance, in an amount not less than $10,000,000, with respect to any liability, losses, damages, expenses, claims, actions, judgments and settlement for any personal injury, death or property or economic loss occurring in Buyer's Facilities (exclusive of the Thermal Energy Production Facilities) or surrounding premises and arising out of or incident to the operation, maintenance, repair, construction, replacement or modification of Buyer's Facilities (exclusive of the Thermal Energy Production Facilities).

Appears in 1 contract

Samples: Thermal Energy Service Agreement (Trumps Castle Associates Lp)

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