Common use of CBL/OP's Insurance Clause in Contracts

CBL/OP's Insurance. CBL/OP shall deliver to Property Owner a certificate of insurance providing the following: (a) commercial general liability insurance insuring Property Owner for bodily injury, property damage and personal injury liability, each with a limit liability of $3,000,000 for each occurrence and in the aggregate, (b) in like amount covering CBL/OP's contractual liability under the aforesaid hold harmless provision, and automobile liability insurance limits for each occurrence of not less than $1,000,000 with respect to personal injury or death and $500,000 with respect to property damage, and (c) workers compensation insurance or similar insurance in form and in amounts required by law.