Common use of DISTRIBUTOR’s Insurance Clause in Contracts

DISTRIBUTOR’s Insurance. During the term of this Agreement and for a period of one (1) year thereafter, DISTRIBUTOR shall purchase and maintain, at its sole cost and expense, the following insurance coverage: (a) commercial general liability insurance and products liability coverage with broad form vendor endorsement, which specifically insures all liabilities of DISTRIBUTOR to COMPANY and Operator under this Agreement, to the extent afforded by normal ISO policy forms and definitions, with all such insurance coverage providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](80); and (b) commercial automobile liability insurance coverage providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](81). All such insurance shall be provided by insurance companies which are licensed and authorized to do business in the United States of America, shall be occurrence based policies and which insurance companies are reasonably satisfactory to COMPANY. DISTRIBUTOR agrees to deliver to COMPANY, on or prior to the Effective Date, certificates of insurance evidencing the existence of all the above insurance coverage and naming COMPANY as an additional insured under such policies. The certificates shall contain an agreement by the insurance carrier to notify COMPANY, in writing, at least thirty (30) days prior to the date of any cancellation or change in such insurance coverage.

DISTRIBUTOR’s Insurance. During the term of this Agreement and for a period of one (1) year thereafter, DISTRIBUTOR shall purchase and maintain, at its sole cost and expense, the following insurance coveragecoverages: (a) commercial general liability insurance and products liability coverage with broad form vendor endorsement, which specifically insures all liabilities of DISTRIBUTOR to COMPANY and Operator under this Agreement, to the extent afforded by normal ISO policy forms and definitions, with all such insurance coverage coverages providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](80)CONFIDENTIAL](110) Dollars; and (b) commercial automobile liability insurance coverage providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](81)CONFIDENTIAL](111) Dollars. All such insurance shall be provided by insurance companies which are licensed and authorized to do business in the United States of America, shall be occurrence based policies and which insurance companies are reasonably satisfactory to COMPANY. DISTRIBUTOR agrees to deliver to COMPANY, on or prior to the Effective Date, certificates of insurance evidencing the existence of all the above insurance coverage coverages and naming COMPANY as an additional insured under such policies. The certificates shall contain an agreement by the insurance carrier to notify COMPANY, in writing, at least thirty (30) days prior to the date of any cancellation or change in such insurance coverage.

DISTRIBUTOR’s Insurance. During the term of this Agreement and for a period of one (1) year thereafter, DISTRIBUTOR shall purchase and maintain, at its sole cost and expense, the following insurance coveragecoverages: (a) commercial general liability insurance and products liability coverage with broad form vendor endorsement, which specifically insures all liabilities of DISTRIBUTOR to COMPANY and Operator under this Agreement, to the extent afforded by normal ISO policy forms and definitions, with all such insurance coverage coverages providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](80)CONFIDENTIAL](107) Dollars; and (b) commercial automobile liability insurance coverage providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](81)CONFIDENTIAL](108) Dollars. All such insurance shall be provided by insurance companies which are licensed and authorized to do business in the United States of America, shall be occurrence based policies and which insurance companies are reasonably satisfactory to COMPANY. DISTRIBUTOR agrees to deliver to COMPANY, on or prior to the Effective Date, certificates of insurance evidencing the existence of all the above insurance coverage coverages and naming COMPANY as an additional insured under such policies. The certificates shall contain an agreement by the insurance carrier to notify COMPANY, in writing, at least thirty (30) days prior to the date of any cancellation or change in such insurance coverage.

DISTRIBUTOR’s Insurance. During the term of this Agreement and for a period of one (1) year thereafter, DISTRIBUTOR shall purchase and maintain, at its sole cost and expense, the following insurance coveragecoverages: (a) commercial general liability insurance and products liability coverage with broad form vendor endorsement, which specifically insures all liabilities of DISTRIBUTOR to COMPANY and Operator under this Agreement, to the extent afforded by normal ISO policy forms and definitions, with all such insurance coverage coverages providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](80CONFIDENTIAL](130); and (b) commercial automobile liability insurance coverage providing for combined single limit bodily injury/property damage liability of not less than [CONFIDENTIAL](81CONFIDENTIAL](131). All such insurance shall be provided by insurance companies which are licensed and authorized to do business in the United States of America, shall be occurrence based policies and which insurance companies are reasonably satisfactory to COMPANY. DISTRIBUTOR agrees to deliver to COMPANY, on or prior to the Effective Date, certificates of insurance evidencing the existence of all the above insurance coverage coverages and naming COMPANY as an additional insured under such policies. The certificates shall contain an agreement by the insurance carrier to notify COMPANY, in writing, at least thirty (30) days prior to the date of any cancellation or change in such insurance coverage.