CONTINUOUS CLAIMS MADE COVERAGE. If any of the required liability insurance is on a claims made basis and does not include an extended reporting period of at least 24 months, then Grantee/Recipient shall maintain continuous claims made liability coverage, provided the effective date of the continuous claims made coverage is on or before the effective date of the Grant Agreement, for a minimum of 24 months following the later of:
CONTINUOUS CLAIMS MADE COVERAGE. If any of the required liability insurance is on a claims made basis and does not include an extended reporting period of at least 24 months, then Contractor shall maintain continuous claims made liability coverage, provided the effective date of the continuous claims made coverage is on or before the effective date of this Contract, for a minimum of 24 months following the later of (i) Contractor’s completion and Owner’s acceptance of all Services required under this Contract, or, (ii) Owner or Contractor termination of this Contract, or (iii) The expiration of all warranty periods provided under this Contract.
CONTINUOUS CLAIMS MADE COVERAGE. Sheridan shall maintain the insurance required hereunder on a continuous claims made basis, or through the purchase of tail coverage or prior acts coverage, if applicable, in the amount described above for Sheridan and all of Sheridan's personnel, including, without limitation, each Anesthesiologist, and each CRNA, to ensure coverage for claims made after the termination of this Agreement, alleged to arise during the term of this Agreement. In the event Sheridan fails to provide Hospital District with proof of continuous claims made coverage or tail coverage or prior acts coverage, as may be applicable, as required under this Section within thirty (30) days prior to the lapse of coverage under a claims made policy, then this Agreement shall be Hospital District's authorization to purchase said tail coverage or prior acts coverage as Sheridan's agent, for this limited purpose. This authorization shall be irrevocable, upon Sheridan's failure to provide proof of tail coverage within the time limit stated above after written notice from Hospital District. Sheridan shall reimburse Hospital District for all costs associated with said purchase, including, without limitation, broker's fees.
