Distribution/ Product Liability Insurance Sample Clauses

Distribution/ Product Liability Insurance. Purchaser shall obtain and maintain in effect for the Term of this Agreement, liability insurance or indemnity policies with a reputable [*] Confidential treatment requested. insurer, in an amount not less than [*] in the aggregate and which policies shall be blanket policies. Such policies shall insure against liability on the part of Purchaser and any of its relevant Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the distribution of Product or Products. Upon the execution of this Agreement and thereafter on within ten (10) Business Days of the beginning of each calendar year during the Term, Purchaser shall provide to Aventis a certificate of insurance (i) summarizing the insurance coverage and (ii) identifying any exclusions. Purchaser shall promptly notify Aventis of any material adverse alterations to the terms of this policy or decreases in the amounts for which insurance is provided. Promptly after the date hereof, Purchaser and Aventis agree to work in good faith to determine the insurance provisions necessary to secure the indemnity rights of Aventis hereunder.
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Distribution/ Product Liability Insurance. Upon Launch of the [***], both Parties shall obtain and maintain in effect, for the term of this Agreement and for a period of [***] thereafter, liability insurance or indemnity policies, in an amount not less than [***] USD ($[***]) in the aggregate with an indemnity to principals clause with respect to products liability and distribution. Such policies shall be blanket policies and shall insure against liability on the part of the Parties and their Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the distribution of [***]. Upon Launch of the [***] and thereafter on January 1 of each year during the term of this Agreement, each Party shall provide to the other a copy of its certificate of insurance (i) summarizing the insurance coverage and (ii) identifying any exclusions. Each Party shall promptly notify the other of any material adverse alterations to the terms of this policy or decreases in the amounts for which insurance is provided.
Sample 1
Distribution/ Product Liability Insurance. Rugby shall obtain and maintain in effect for the term of this Agreement, liability insurance or indemnity policies with an insurer reasonably acceptable to HMRI, in an amount not less than *with an indemnity to principals clause with respect to products liability with respect to each Product and distribution of each Product, which policies shall name HMRI as an additional insured and shall be blanket policies. Such policies shall insure against liability on the part of Rugby and any of its Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the distribution of Products. Upon the execution of this Agreement and thereafter on January 1 each year during the Term, Rugby shall provide to HMRI a certificate of insurance (i) summarizing the insurance coverage, (ii) identifying any exclusions and (iii) indicating that the terms of Rugby's insurance policies are in accordance with this Section 9.4. Rugby shall promptly notify HMRI of any alterations to the terms of this policy or in the amounts for which insurance is provided.
Sample 1
Distribution/ Product Liability Insurance. King and Inyx shall obtain and maintain in effect for the term of this Agreement, liability insurance or indemnity policies, in an amount not less than *** in the aggregate with an indemnity to principals clause with respect to products liability and distribution. Such policies shall be blanket policies and shall insure against liability on the part of each party and any of its Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the distribution of Products. Upon the execution of this Agreement and thereafter on January 1 of each year during the Term, Inyx shall provide to King a certificate of insurance (i) summarizing the insurance coverage and (ii) identifying any exclusions. Each party shall promptly notify the other of any material adverse alterations to the terms of this policy or decreases in the amounts for which insurance is provided. Either party may satisfy its obligations hereunder through self-insurance to the same extent.
Sample 1
Distribution/ Product Liability Insurance. Purchaser shall obtain and maintain in effect for the term of this Agreement, liability insurance or indemnity policies in an amount not less than **** in the aggregate with an indemnity to principals clause with respect to products liability and distribution, ****. Such policies shall insure against liability on the part of Purchaser and any of its Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the manufacturing and/or distribution of Product or Products. Upon the execution of this Agreement and thereafter on each renewal date of the insurance policy during the Term, Purchaser shall provide to Aventis a certificate of insurance (i) summarizing the insurance coverage and (ii) identifying any exclusions. Purchaser shall promptly notify Aventis of any material adverse alterations to the terms of this policy or decreases in the amounts for which insurance is provided.
Sample 1
Distribution/ Product Liability Insurance. Purchaser shall obtain and maintain in effect for the Term of this Agreement, liability insurance or indemnity policies with a reputable insurer, in an amount not less than [ ** ] in the aggregate and which policies shall be blanket policies. Such policies shall insure against liability on the part of Purchaser and any of its relevant Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the distribution of Product or Products. Upon the execution of this Agreement and thereafter on within ten (10) Business Days of the beginning of each calendar year during the Term, Purchaser shall provide to Aventis a certificate of insurance (i) summarizing the insurance coverage and (ii) identifying any exclusions. Purchaser shall promptly notify Aventis of any material adverse alterations to the terms of this policy or decreases in the amounts for which insurance is provided. Promptly after the date hereof, Purchaser and Aventis agree to work in good faith to determine the insurance provisions necessary to secure the indemnity rights of Aventis hereunder.
Sample 1
Distribution/ Product Liability Insurance. Beginning on the Launch Date, both Parties will obtain and maintain in effect, for the term of this Agreement and for a period of five (5) years thereafter, liability insurance or indemnity policies, in an amount not less than ten million USD ($10,000,000) in the aggregate with an indemnity to principals clause with respect to products liability and distribution. Such policies will be blanket policies and will insure against liability on the part of the Parties and their Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the distribution of Generic Product. Beginning on the Launch Date and thereafter on January 1 of each year during the term of this Agreement, each Party will provide to the other a copy of its certificate of insurance (i) summarizing the insurance coverage and (ii) identifying any exclusions. Each Party will promptly notify the other of any material adverse alterations to the terms of this policy or decreases in the amounts for which insurance is provided.
Sample 1
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Distribution/ Product Liability Insurance. King shall obtain and maintain in effect for the Term of this Agreement, liability insurance or indemnity policies with an insurer reasonably acceptable to Supplier, in an amount not less than [***] (in the aggregate) with an indemnity to principals clause with respect to products liability and distribution, which policies shall name Supplier as an additional insured and shall be blanket policies. Such policies shall insure against liability on the part of King and any of its Affiliates, as their interests may appear, due to injury, disability or death of any person or persons, or injury to property, arising from the distribution of Products. Upon the execution of this Agreement and thereafter on January 1 of each year during the Term, King shall provide to Supplier a certificate of insurance (i) summarizing the insurance coverage and (ii) identifying any exclusions. King shall promptly notify Supplier of any material adverse alterations to the terms of this policy or decreases in the amounts for which insurance is provided.
Sample 1

Related to Distribution/ Product Liability Insurance

  • Product Liability Insurance insurance against claims for bodily injury, death or Property damage resulting from the use of products sold by the Company or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Company and its Subsidiaries.

  • Excess Liability Insurance $___________________ minimum required insurance policy for anything other than General Liability or Automobile coverage. ☐ - Additional Insurance Requirement: Client, Contractor, and any other entity which the Contractor is required to name as an additional insured under the Prime Contract shall be named as additional insureds under the General Liability Insurance required by this Section and any such insurance afforded to the additional insureds shall apply as primary insurance. Any other insurance maintained by the Client or Contractor shall be excess insurance and shall not be called upon to contribute to Subcontractor’s primary or excess insurance carrier’s duty to defend or indemnify unless required by law. The excess insurance required above shall also afford additional insured protection to Client and Contractor. This Section shall in no event be construed to require that additional insured insurance coverage be provided to a greater extent than permitted under the statutes or public policy governed under State law. Certificates of Insurance. Certificates of insurance, and the required additional insured and other endorsements, including waivers of subrogation shall be furnished to Contractor before the performance of any Services.

  • Aircraft Liability Insurance (i) Except as provided in clause (ii) of this subsection (a), and subject to the rights of Company to establish and maintain self-insurance in the manner and to the extent specified in Section 7.06(c), Company will carry, or cause to be carried, at no expense to Loan Trustee, aircraft liability insurance (including, but not limited to, bodily injury, personal injury and property damage liability, exclusive of manufacturer's product liability insurance) and contractual liability insurance with respect to the Aircraft (A) in amounts that are not less than the aircraft liability insurance applicable to similar aircraft and engines in Company's fleet on which Company carries insurance; provided that such liability insurance shall not be less than the amount certified in the insurance report delivered to Loan Trustee on the Closing Date, (B) of the type covering the same risks as from time to time applicable to aircraft operated by Company (or, if a Lease is then in effect, by the Permitted Lessee) of the same type as the Aircraft, and (C) that is maintained in effect with insurers of recognized responsibility. Any policies of insurance carried in accordance with this Section 7.06(a) and any policies taken out in substitution or replacement for any of such policies shall: (A) name Loan Trustee, Subordination Agent, each Pass Through Trustee, Policy Provider and Liquidity Provider as their Interests (as defined below in this Section 7.06) may appear, as additional insured (the "Additional Insureds"), (B) subject to the condition of clause (C) below, provide that, in respect of the interest of the Additional Insureds in such policies, the insurance shall not be invalidated by any action or inaction of Company and shall insure the Additional Insureds' Interests as they appear, regardless of any breach or violation of any warranty, declaration or condition contained in such policies by Company, (C) provide that, if such insurance is canceled for any reason whatever, or if any change is made in the policy that materially reduces the amount of insurance or the coverage certified in the insurance report delivered on the Closing Date to Loan Trustee, Policy Provider and Liquidity Provider, or if such insurance is allowed to lapse for nonpayment of premium, such cancellation, change or lapse shall not be effective as to any Additional Insured for 30 days (seven days, or such other period as is then generally available in the industry, in the case of any war risk or allied perils coverage) after receipt by such Additional Insured of written notice from such insurers of such cancellation, change or lapse, (D) provide that the Additional Insureds shall have no obligation or liability for premiums, commissions, assessments or calls in connection with such insurance, (E) provide that the insurers shall waive any rights of (1) set-off, counterclaim or any other deduction, whether by attachment or otherwise, in respect of any liability of the Additional Insureds to the extent of any moneys due to the Additional Insureds and (2) subrogation against the Additional Insureds to the extent that Company has waived its rights by its agreements to indemnify the Additional Insureds pursuant to the Operative Documents, (F) be primary without right of contribution from any other insurance carried by any Additional Insured with respect to its Interests as such in the Aircraft and (G) expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured. "Interests" as used in this Section 7.06(a) and in Section 7.06(b) with respect to any Person means the interests of such Person in the transactions contemplated by the Operative Documents. In the case of a lease or contract with any government in respect of the Aircraft or any Engine, or in the case of any requisition for use of the Aircraft or any Engine by any government, a valid agreement by such government to indemnify Company, or an insurance policy issued by such government, against any of the risks that Company is required to insure against hereunder shall be considered adequate insurance for purposes of this Section 7.06(a) to the extent of the risks (and in the amounts) that are the subject of such indemnification or insurance.

  • D&O Liability Insurance To the extent that the Company maintains a policy or policies of insurance (“D&O Liability Insurance”) providing liability insurance for directors and officers of the Company in their capacities as such (and for any capacity in which any director or officer of the Company serves any other Enterprise at the request of the Company), in respect of acts or omissions occurring while serving in such capacity, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any other director or officer under such policy or policies.

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • Comprehensive Automobile Liability Insurance for coverage of owned and non-owned and hired vehicles, trailers or semi-trailers licensed for travel on public roads, with a minimum combined single limit of One Million Dollars ($1,000,000) each occurrence for bodily injury, including death, and property damage.

  • Public Liability Insurance which will provide indemnity against the insured parties legal liability in the event of accidental death of or injury to third party persons and/or accidental loss of or damage to third party property arising directly from the execution of the contract with a limit of indemnity of R 100 million in respect of all claims arising from any one occurrence or series of occurrences consequent on or attributable to one source or original cause. The policy will be subject to a Deductible of R25 000 for Property Damage claims only but R250 000 where Loss or Damage involves Aircraft.

  • Liability Insurance To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer.

  • Professional Liability Insurance (if Applicable) $1,000,000 per occurrence limits of liability or whatever limit is customarily carried by the Contractor, whichever is greater, for design, design-build or any type of professional services with a minimum of three (3) years reporting of claims following completion of the project.

  • Indemnification; Liability Insurance The Company and Executive shall enter into the Company’s standard form of indemnification agreement governing his conduct as an officer and director of the Company.

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