Compensation Statutory Sample Clauses

A Compensation Statutory clause defines the obligation of a party to pay compensation as required by law, typically referencing statutory requirements for employee benefits, injury compensation, or other legally mandated payments. This clause ensures that the contract parties acknowledge and agree to comply with all relevant statutory compensation schemes, such as workers’ compensation or minimum wage laws, regardless of any other terms in the agreement. Its core function is to guarantee legal compliance and protect both parties from inadvertently breaching statutory compensation obligations.
Compensation Statutory. Employers' Liability $1,000,000/$1,000,000/$1,000,000 XIV.
Compensation Statutory. General Liability -coverage $1,000,000 per occurrence/ $2,000,000 annual aggregate
Compensation Statutory b. Employer’s Liability $1,000,000 each accident for bodily injury by accident; $1,000,000 each employee for bodily injury by disease; $1,000,000 policy limit for bodily injury by disease. c. General Liability $1,000,000 per claim/occurrence/$3,000,000 annual aggregate d. Products and Completed Operations $1,000,000 per claim/occurrence/$3,000,000 annual aggregate e. Personal and Advertising Injury $1,000,000 per claim/occurrence/$3,000,000 annual aggregate
Compensation Statutory. Employer’s Liability
Compensation Statutory b. General Liability -coverage $1,000,000 per occurrence/ $2,000,000 annual aggregate c. Professional Liability $1,000,000 per claim/ $3,000,000 annual aggregate This coverage shall be maintained for a minimum of two (2) years following termination or completion of Contractor’s work pursuant to the Agreement. d. Automobile Liability – owned, hired, $500,000 per person/ $1,000,000 per occurrence and non-owned. e. Privacy Liability and Network $1,000,000 per occurrence/$5,000,000 annual aggregate.
Compensation Statutory. Employers Liability $1,000,000.00 (the policy shall include a 'waiver of subrogation');
Compensation Statutory. Employer's Liability and Comprehensive General Liability (including property damage, and automobile bodily injury and/or death) CAN$5,000,000.00 (f) The decision of the pilot of the survey helicopter not to fly specific flight lines or parts thereof for reasons of safety shall be conclusive and binding and the flight lines or parts thereof not flown as a result of such decision shall be deducted from the total to be flown. -5- P1177 Helicopter-borne Geophysical Survey, Mexico - October 2011 8. Force Majeure: (a) Except for the payment of monies earned to the date of Force Majeure and the indemnification obligations arising hereunder, neither Party shall be liable for failure to perform any obligations arising under this contract, to the extent that any such failure to perform is caused by Force Majeure, which is defined below, and which cannot, despite best endeavours be remedied by the Party affected. (b) Said Party shall promptly give notice to the other Party of its inability to perform its obligations in full or in part under this contract pursuant to the foregoing causes and the obligations of the Party giving such notice, so far as they are affected by such Force Majeure, shall be suspended during the continuance of any inability so caused, but for no longer period, and the Parties shall thereupon use their best endeavours to overcome the effects of such Force Majeure situation in all good faith. (c) Force Majeure shall mean any human or natural event, beyond the control of the Parties, taking place after the execution of this contract, unforeseeable and if not so inevitable, including but not bounded to acts of God, bad weather and/or storms, geomagnetic disturbances (diurnal), fire and/or smoke haze, earthquakes, strikes, lockouts or differences with workers, acts of war and/or the public enemy, terrorist activity, insurrections, riots, or rules or regulations of any governmental authority asserting jurisdiction or control, USA government redirection of GPS satellites or laws, sunspot disturbances affecting GPS satellites, compliance of which makes continuance of operations impossible, breakdown or non-availability of the helicopter, which could prevent said Parties, either directly or indirectly, partially or totally, to comply with their obligations. (d) Barring agreement on an equitable financial arrangement, either Party may terminate this Agreement if the incident of Force Majeure exceeds five (5) days in duration, effective as of the end of t...
Compensation Statutory. 7.2 The LESSOR shall not provide Merchandise under this Contract until the LESSOR has obtained all the insurance required under this Contract and such insurance as approved by AUTHORITY, nor shall the LESSOR allow any sub-contractor to provide Merchandise on the LESSOR's subcontract until all similar insurance of the sub- contractor has been obtained and approved by AUTHORITY. All required policies shall name AUTHORITY as an additional insured, except Worker's Compensation and Employer's Liability insurance (as applicable). As proof of the insurance coverage, the LESSOR shall furnish to AUTHORITY valid certificates of insurance of the types and limits required herein, prior to providing Merchandise. In addition, the required insurance coverage shall contain a provision that coverage afforded under the policies will not be materially changed or canceled without provision of thirty (30) days written notice to AUTHORITY. The insurance requirement shall remain in effect throughout the term of the Contract. 7.3 Concerning insurance to be furnished by the LESSOR, it is a condition precedent to acceptability thereof that: i. Any policy submitted shall not be subject to limitations, conditions or restrictions deemed inconsistent with the intent of the requirements to be fulfilled by the LESSOR; and ii. All policies are to be written through companies duly approved to transact that class of insurance in the State of Texas. 7.4 The LESSOR agrees to the following: i. The LESSOR hereby waives subrogation rights for loss to the damage to the extent same are covered by insurance. Insurers shall have the right to recovery or subrogation against AUTHORITY, it being the intention that the insurance polices shall protect all parties to the Contract and be primary coverage for all losses covered by the policies; ii. Companies issuing the insurance policies and the LESSOR shall have no recourse against AUTHORITY for payment of any premiums, or assessments for any deductible, as all such premiums are the sole responsibility and risk of the LESSOR. iii. Approval, disapproval or failure to act by AUTHORITY regarding any insurance supplied by the LESSOR (or any sub-contractors) shall not relieve LESSOR of full responsibility or liability, if any, for damages and accidents as set forth in the Contract. Neither shall the insolvency or denial of liability by the insurance company exonerate the LESSOR from liability. iv. No special payments shall be made for any insurance that the LE...
Compensation Statutory. Commercial General Liability Bodily Injury and Property Damage – 1,000,000 combined single Limit each occurrence – 2,000,000 Aggregate Property Damage Liability – 100,000 per occurrence Employer’s Liability – 100,000 per occurrence All liability insurance policies shall be written on an occurrence basis only, shall be endorsed to add the City of Lincoln d/b/a StarTran, its official agents, and employees as an additional insured as related to this Agreement and shall be maintained without interruption from the date of the commencement of the work until the date of termination. All insurance coverages are to be placed with an insurance company authorized to do business in the State of Nebraska and shall be placed with an insurer that has an AM best rating of not less than A:VII, unless specific written approval has been granted by StarTran to deviate from this requirement. The Contractor shall not commence work under this contract until the Contractor has obtained all insurance required under this section and such insurance has been approved by the City Attorney for the City of Lincoln. All certificates of insurance evidencing such coverages shall be filed with the Agreement showing the specific limits of insurance coverage required and any deductibles required. Such certificate shall specifically state the insurance policies are to be endorsed to requrie the insured to provide StarTran thirty (30) days notice of cancellation, non-renewal, or any material reduction of insurance coverage.
Compensation Statutory. Employer’s Liability Statutory Bodily Injury Liability (except automobile) $1,000,000 per occurrence; $2,000,000 in the aggregate Property Damage Liability (except automobile) $1,000,000 per occurrence; $2,000,000 in the aggregate Automobile Bodily Injury Liability $500,000 per occurrence Automobile Property Damage Liability $500,000 per occurrence