Customer Insurance Clause Samples

Customer Insurance. Customer will maintain at its sole expense valid policies of general and professional liability insurance with minimum limits of $1,000,000 per occurrence and

Customer Insurance. Customer shall maintain commercial general liability insurance and medical malpractice insurance in an amount that complies with the laws of the jurisdiction in which the System is used.

Customer Insurance. Desipte terms to the contrary elsewhere in the Agreement, the Customer shall maintain during the Term and any renewal thereof or later occupation of the Premises, insurance with respect to its interest in the Premises, the Equipment, the improvements made by or on behalf of the Customer thereto, and all operations of the Customer in and from the Premises, including the following coverages: (a) “All risks” (including flood and earthquake) for property of every kind owned by Customer or for which Customer is legally liable or installed by or on behalf of Customer and which is located in the adjacent parking areas, or in, on or within the Building, including without limitation, all of Customer’s furniture, moveable equipment and all leasehold improvements and other improvements in an amount not less than the full replacement cost thereof. Alternatively, Customer may self-insure for such risks. (b) “All risks” Tenant’s insurance in an amount not less than the full replacement cost of the Premises, including loss of their use. Alternatively, Customer may self-insure for such risks. (c) Comprehensive general liability insurance including, but not limited to property damage, public liability, employer’s liability, personal injury liability, contractual liability, non-owned automobile liability and contractor’s protective insurance coverage, all on an occurrence basis with respect to the use, occupancy, activities or things in the adjacent parking areas or in, on or within the Building and with respect to the use and occupancy of any other part of the Building by Customer or any of its employees, agents, contractors or persons for whom Customer is in law responsible, with coverage of not less than five million dollars ($5,000,000.00) or equivalent in local currency for each occurrence involving bodily injury, death, or property damage. (d) Business interruption insurance in such amounts as will reimburse Customer for direct and indirect loss of earnings attributable to the perils insured against in this Section and other perils commonly insured by prudent tenants and occupants of like premises. Alternatively, Customer may self-insure for such risks. (e) Worker’s Compensation coverage in an amount not less than that prescribed by statutory limits. (f) Cyber insurance policy (also referred to as cyber risk insurance or cyber liability insurance coverage) with limits commensurate to the nature of the Customer operations and the exposure to risk arising therefrom. (g)...

Customer Insurance. If StandardAero is providing Services on Customer’s Equipment, Customer shall, at its expense, procure, maintain and keep in full force and effect “all risks” Hull Physical Damage and Spares insurance, including War and Allied Perils, to protect the value of the Equipment and/or Rental Asset. Additionally, Customer shall, at its expense, for the same duration, procure, maintain and keep in full force and effect an aviation general liability and aircraft liability policy with minimum limits of $200,000,000 USD per occurrence, and will name StandardAero as an additional insured. All Customer policies will be endorsed to waive any and all rights of subrogation against StandardAero and include a breach of warranty clause in favor of StandardAero. Before Services commence, Customer will provide StandardAero with Certificates of Insurance evidencing the above insurance coverages and providing that the insurance may not be cancelled without thirty (30) days prior written notice to StandardAero. Customer acknowledges that StandardAero is not liable for loss of Customer’s aircraft or other damage to property, personal injury or death of any person, while the aircraft is in flight unless such occurrence is solely caused by a product or component improperly repaired by StandardAero under the terms of this Agreement. For purposes of this clause, the term "in flight" is defined as the time period commencing when the aircraft moves forward in taking off or attempting to take-off for air transit, while in the air and until the aircraft comes to rest after landing or, the landing run having been safely completed, and power is applied for taxiing. Furthermore, StandardAero shall not be liable for damage to the aircraft and/or Equipment while in the care, custody or control of StandardAero if such damage was a result of an Act of God or reasons beyond the control of StandardAero unless such damage is due to the negligence or misconduct of StandardAero.

Customer Insurance. Customer will maintain at its sole expense valid policies of general and professional liability insurance with minimum limits of $1,000,000 per occurrence and $3,000,000 annual aggregate. Customer will give Maxim prompt written notice of any material change in Customer coverage. Customer shall name Maxim as an additional insured on its general liability policy.

Customer Insurance. The Customer shall acquire and maintain in force general liability insurance in an amount of no less than one million dollars ($1,000,000) per occurrence for damage to persons or property resulting from operation of the Facility. The Customer shall provide initial proof of insurance, or sufficient guarantee and proof of self-insurance, evidencing the Facility as a covered addition to the Customer’s insured property. The Customer shall submit similar proof of continuing insurance coverage within thirty (30) days of any policy renewal.

Customer Insurance. Customer agrees to obtain and maintain at Customer’s sole cost and expense the following types and amounts of insurance coverage consistent with the following requirements for the entire term of this Agreement to insure against any and all claims, losses, damages or expenses resulting from Customer’s facilities located at the Premises and Customer’s responsibilities under the Tariff or this Agreement:

Customer Insurance. CUSTOMER shall, at its own cost and expense, obtain and maintain in full force and effect the following insurance starting from the date on which API is delivered to Uman and further during the term of this Agreement as appears below: (A) Commercial General Liability insurance of not less than $[****] and general aggregate limits of not less than $[****] , including umbrella coverage; (B) Product Liability Insurance with per-occurrence and general aggregate limits of not less than $[****], including umbrella coverage; (C) All Risk Property Insurance in an amount equal to full replacement value covering CUSTOMER’s property while it is at UMAN’s facility and (D) transit coverage in an amount not less than $[****] while CUSTOMER’s property is in transit to or from UMAN ’s facility. In the event that any of the required policies of insurance are written on a claim made basis, then such policies shall be maintained during the entire Term and for items A and B above for a period of not less than three (3) years following release of the clinical trial material. For items C and D above such policies will be maintained only so long as CUSTOMER property is under Uman's legal responsibility , i.e. until shipment of the material from Uman and its receipt by a third party. CUSTOMER shall furnish certificates of insurance for all of the above noted policies to PROVIDER as soon as practicable after the insurance has to be effective according to the above and upon renewal of any such policies.

Customer Insurance. 11.1 The Agent must ensure that all Customers have or take out suitable and adequate personal travel insurance (including cover for cancellation charges plus 24 hour emergency medical assistance and cover for medical expenses and medical repatriation). Except where the Operator agrees in writing, the Agent must not accept any Booking unless satisfied that all Customers on that Booking have such insurance.