Contractor Insurance Policies. Upon execution of this Agreement and continuing through the Final Acceptance Date or Termination of this Agreement, whichever is later (except as otherwise provided below in this Section 9.1), Contractor shall, at its sole cost and expense, obtain and maintain in effect those insurance policies and minimum limits of coverage as specified below and such additional coverage as may be required by applicable law (the “Contractor Insurance Policies”). In no way do these minimum insurance requirements limit or relieve Contractor of the obligations assumed elsewhere in this Agreement, including Contractor’s defense and indemnity obligations. By requiring these minimum insurance requirements, Company is not expressing or implying that such requirements are sufficient for the Project or the Work, and Contractor shall be solely responsible for assessing the sufficiency of the types and limits of insurance for the Project and the Work.
Contractor Insurance Policies. Prior to commencing the Work and continuing through the Final Acceptance Date, Contractor shall obtain and maintain in force insurance policies satisfying the requirements of this Article IX providing the following coverages:
Contractor Insurance Policies. Upon execution of the Agreement and continuing through the Final Acceptance Date, Contractor shall, at its sole cost and expense, obtain and maintain in force insurance policies satisfying the requirements of this Article IX providing the following coverages of the types and in the amounts as follows (the “Contractor Insurance Policies”):
(a) Workers’ Compensation that complies with the laws of the State of Oregon and such other jurisdictions as may be applicable to its operations and includes an alternate employer endorsement. The amount of coverage of the insurance policy shall be the statutory amount required by the laws of the State of Oregon. Contractor expressly agrees to comply with all provisions of the Workers’ Compensation Laws or similar employee benefit laws of the United States, or wherein said Work is to be performed, or of the countries from which its personnel are employed, where required, if applicable.
(b) Employers’ Liability Insurance including Occupational Disease in the amount of $1,000,000.
(c) Comprehensive or Commercial General Liability insurance shall be in the amount of $1,500,000 per occurrence and $3,000,000 in the aggregate, including, but not limited to coverage for the following:
(i) Premises and Construction Operations;
(ii) Independent Contractors;
(iii) Products and Completed Operations, maintained for a period of three (3) years from the Final Acceptance Date;
(iv) Personal Injury Coverage (with the standard employee and contractual exclusions removed);
(v) Broad Form Property Damage;
(vi) Severability of Interest clause;
(vii) Broad Form Named Insured Endorsement;
(d) Automobile Liability Insurance, on an occurrence basis including coverage for all owned, leased, hired or non-owned automotive equipment (and containing appropriate no fault insurance provisions or other endorsements as are required under jurisdictional law or requirements), in the amount of $1,000,000 per occurrence or the amount required by Applicable Law, whichever is greater.
(e) Umbrella Excess Liability to be provided on a following form basis in the amount of $10,000,000 each occurrence and in the aggregate.
(f) To the extent that Contractor shall have licensed architects, engineers or consultants to perform Work under this Agreement, Professional (Errors and Omissions) Liability in limits not less than $1,500,000 each Claim and in the Aggregate,
Contractor Insurance Policies. Prior to commencing the Work and continuing through the Final Acceptance Date, Contractor shall obtain and maintain in force insurance policies satisfying the requirements of this Article IX providing the following coverages: Amount of Coverage Type of Coverages of Insurance Policy Worker's Compensation Statutory that complies with the laws of the State of Texas and such other jurisdictions as may be applicable to its operations Employer's Liability $500,000 Insurance including Occupational Disease Comprehensive or Commercial General $1,000,000 Each Occurrence; Liability insurance shall be on a $2,000,000 General Aggregate broan occurrence basis for all locations (Other than Products/Completed for this, Project including, but not Ops.) $1,000,000 Aggregate for limited to coverage for demolition of Products/Completed Operations any building, or structure, collapse, $1,000,000 Personal Injury blasting excavation below surface of the ground, broad form contractual liability covering property damages and personal injury. The policy shall provide for complete operations coverage for a period of two (2) years following Final Acceptance Comprehensive Automobile $1,000,000 Combined Single Limit Liability, on an occurrence basis including coverage for all owned, leased, hired or non-owned automotive equipment Umbrella Excess Liability to be provided on a form following basis $35,000,000 Each Occurrence/ Aggregate
Contractor Insurance Policies to the best of its knowledge after making diligent inquiry all EPC Contractor Insurance Policies required by this Agreement to be held by the EPC Contractor at the time are in place and in full force and effect and have not been varied without ARENA’s prior written consent where the proposed variation would result in the policy or policies becoming inconsistent with the requirements of this Agreement; no Event of Default: except as disclosed to ARENA in writing, no Event of Default has occurred and is subsisting; single purpose entity: it is a single purpose entity established for the sole purpose of undertaking the Project and it does not carry on any other business or activity other than as contemplated or permitted by ARENA Project Documents, Finance Documents and Project Documents and it has not incurred a liability which it has not fully discharged other than under the ARENA Project Documents, the Finance Documents or the Project Documents or in connection with the Project, or which is reasonably incidental thereto; priority: the ARENA Security has the ranking and priority it is expressed to have; [not a trustee: it does not enter into any ARENA Project Document as trustee of any trust or settlement;] [trustee: if the Recipient is a trustee, it enters into this Agreement personally and in its capacity as trustee and has the power to perform its obligations under this Agreement, and at all times maintains a trustee’s right of indemnity against all trust assets;] [Note: ARENA may require more extensive trustee representations and warranties if the Recipient is a trustee.] no misleading information: there is no statement made or information provided in the Recipient’s Application that is materially incorrect, materially incomplete, false or misleading in any respect, at the time it was given, and which would have materially affected the original decision to approve the provision of the Funds had the error, omission, false or misleading nature of the statement or information been known at the time; conflicts of interest: to the best of its knowledge after making diligent inquiry, and except as otherwise disclosed to ARENA in accordance with paragraph 2(c) of Schedule 7, no conflict of interest exists or is likely to arise in the performance of its obligations under [this Agreement/the ARENA Project Documents];
Contractor Insurance Policies. Upon execution of the Agreement and continuing through the Final Acceptance Date, Contractor shall, at its sole cost and expense, obtain and maintain and cause its Subcontractors to obtain and maintain in force insurance policies satisfying the requirements of this Article, providing the following coverages of the types and in the amounts as follows (the “Contractor Insurance Policies”):
