Common use of Continuing Liability Insurance Coverage Clause in Contracts

Continuing Liability Insurance Coverage. The Group shall obtain or require each of its Physician Employees and Physician Extender Employees to obtain continuing liability insurance coverage under either a "tail policy" or a "prior acts policy," with the same limits and deductibles as the insurance coverage provided pursuant to Section 9.1 upon the termination of such physician's relationship with the Group for any reason, unless such physician was covered with an occurrence-based policy while employed or retained by the Group. In the event that the Group, any Physician Employee or Physician Extender Employees fails to obtain such continuing liability insurance coverage, Administrator may do so. The cost of such continuing liability insurance coverage shall be included in Practice Expenses unless such cost is borne by the Physician Employee.

Appears in 13 contracts

Samples: Service Agreement (American Physician Partners Inc), Service Agreement (American Physician Partners Inc), Service Agreement (American Physician Partners Inc)

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Continuing Liability Insurance Coverage. The Group shall obtain or require each of its Physician Employees and Physician Extender Employees to obtain continuing liability insurance coverage under either a "tail policy" or a "prior acts policy," with the same limits and deductibles as the insurance coverage provided pursuant to Section 9.1 upon the termination of such physician's relationship with the Group for any reason, unless such physician was covered with an occurrence-based policy while employed or retained by the Group. In the event that the Group, any Physician Employee or Physician Extender Employees fails to obtain such continuing liability insurance coverage, Administrator may do so. The cost of such continuing liability insurance coverage shall be included in Practice Expenses unless such cost is borne by the Physician Employeeconsidered a Professional Expense.

Appears in 4 contracts

Samples: Service Agreement (Radiologix Inc), Service Agreement (Radiologix Inc), Service Agreement (Radiologix Inc)

Continuing Liability Insurance Coverage. The Group shall obtain or require each of its Physician Employees and Physician Extender Employees to obtain continuing liability insurance coverage under either a "tail policy" or a "prior acts policy," with the same limits and deductibles as the insurance coverage provided pursuant to Section 9.1 upon the termination of such physician's ’s relationship with the Group for any reason, unless such physician was covered with an occurrence-based policy while employed or retained by the Group. In the event that the Group, any Physician Employee or Physician Extender Employees fails to obtain such continuing liability insurance coverage, Administrator may do so. The cost of such continuing liability insurance coverage shall be included in Practice Expenses unless such cost is borne by the Physician Employee.

Appears in 1 contract

Samples: Service Agreement (Radiologix Inc)

Continuing Liability Insurance Coverage. The Group shall obtain or require each of its Physician Employees and Physician Extender Employees to obtain continuing liability insurance coverage under either a "tail policy" or a "prior acts policy," with the same 44 limits and deductibles as the insurance coverage provided pursuant to Section 9.1 upon the termination of such physician's relationship with the Group for any reason, unless such physician was covered with an occurrence-based policy while employed or retained by the Group. In the event that the Group, any Physician Employee or Physician Extender Employees fails to obtain such continuing liability insurance coverage, Administrator may do so. The cost of such continuing liability insurance coverage shall be included in Practice Expenses unless such cost is borne by the Physician Employee.

Appears in 1 contract

Samples: Service Agreement (American Physician Partners Inc)

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Continuing Liability Insurance Coverage. The Group shall obtain obtain, or require each of its the Physician Employees and Physician Extender Employees to obtain obtain, continuing liability insurance coverage under either a "tail policy" or a "prior acts policy," with the same limits and deductibles as the insurance coverage provided pursuant to Section 9.1 7.1 above upon the termination of such physician's ’s (or other provider’s) relationship with the Group for any reason, unless such physician (or other provider) was covered with an occurrence-based policy while employed or retained by the GroupGroup or AII. In the event that the Group, Group or any Physician Employee or Physician Extender Employees Employee fails to obtain such continuing liability insurance coverage, Administrator PIP may do so. The cost of such continuing liability insurance coverage shall be included in Practice Expenses unless such cost is borne solely by the Physician EmployeeGroup or AII.

Appears in 1 contract

Samples: Professional Services Agreement (Radiologix Inc)

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