Common use of Commercial General and Umbrella Liability Insurance Clause in Contracts

Commercial General and Umbrella Liability Insurance. EPC Contractor shall maintain commercial general liability (CGL) and commercial umbrella insurance with a limit of not less than $1,000,000 for each occurrence and aggregate. (a) CGL insurance shall cover liability arising from premises, operations, independent contractors, products-completed operations, sudden and accidental pollution, personal injury and liability assumed under an insured contract (including the tort liability of another assumed in a business contract). (b) EPC Contractor shall maintain CGL and commercial umbrella liability insurance with a limit of not less than $10,000,000 for each occurrence and aggregate, for at least 1 year following completion of the Work. Unless otherwise set forth below, the continuing CGL insurance shall meet all of the requirements set forth above in Paragraphs (i) and (ii). Continuing CGL insurance shall, at minimum, cover liability arising from products-completed operations and liability assumed under an insured contract. Continuing commercial umbrella coverage, if any, shall include liability coverage for damage to the insured’s completed work equivalent to that provided under ISO form CG 00 01 10.

Appears in 3 contracts

Samples: Engineering, Procurement and Construction Agreement, Engineering, Procurement and Construction Agreement (LSB Industries Inc), Engineering, Procurement and Construction Agreement (LSB Industries Inc)

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Commercial General and Umbrella Liability Insurance. EPC Contractor shall maintain commercial general liability (CGL) and commercial umbrella insurance with a limit of not less than $1,000,000 for each occurrence and aggregate. (a) CGL insurance shall cover liability arising from premises, operations, independent contractors, products-completed operations, sudden and accidental pollution, personal injury and liability assumed under an insured contract (including the tort liability of another assumed in a business contract). (b) EPC Contractor shall maintain CGL and commercial umbrella liability insurance with a limit of not less than $10,000,000 for each occurrence and aggregate, for at least 1 year following completion of the Work. Unless otherwise set forth below, the continuing CGL insurance shall meet all of the requirements set forth above in Paragraphs (i) and (ii). Continuing CGL insurance shall, at minimum, cover liability arising from products-completed operations and liability assumed under an insured contract. Continuing commercial umbrella coverage, if any, shall include liability coverage for damage to the insured’s completed work equivalent to that provided under ISO form CG 00 01 10.

Appears in 2 contracts

Samples: Construction Agreement (LSB Industries Inc), Construction Agreement (LSB Industries Inc)

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