Duration of the Insurance Sample Clauses

Duration of the Insurance. The insurance is stipulated for the period of time pro- vided for in the Specific Terms and Conditions, and upon expiry, pursuant to article 22 of the Law, it shall be tacitly renewed for annual periods. In the event that the Insured is hospitalized at the time, the notification made by the Insurer opposing the renewal of the Policy shall not take effect with respect to said Insured, until the date on which the Insured is discharged from hospital, unless the Insu- red waives the right to continue treatment. El Seguro se estipula por el periodo de tiempo previs- to en las Condiciones Particulares, y a su vencimiento, de conformidad con el artículo 22 de la Ley, se prorro- gará tácitamente por periodos anuales. Si el Asegurado se encontrase hospitalizado, la comu- nicación efectuada por la Aseguradora oponiéndose a la prórroga de la Póliza no surtirá efectos respecto de dicho Asegurado, hasta la fecha en que obtuviere el alta médica hospitalaria, salvo renuncia del Asegu- rado a seguir el tratamiento. 7) Loss of Rights, Termination of the Contract
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Duration of the Insurance. The insurance is valid for one year at a time and will automatically be renewed on the renewal date, unless otherwise stated in the insurance contract.
Duration of the Insurance. The insurance is stipulated for the period of time provided for in the Specific Terms and Conditions, and upon expiry, pursuant to article 22 of the Act, it shall be tacitly renewed for annual periods. Notwithstanding, either of the parties may op- pose renewal by means of written notification sent to the other party, no less than two months in advance of the date of conclusion of the Insurance period in course. Notification by the Policyholder is to be made to the Insurer. When notification has been given as stipulated herein, the contract shall expire at the end of the period agreed to in the Specific Terms and Conditions or at the end of the corresponding annual renewal period, whichever the case may be.
Duration of the Insurance. Duración del Seguro. 9
Duration of the Insurance. The insurance is stipulated for the period of time pro- vided for in the Specific Terms and Conditions, and upon expiry, pursuant to article 22 of the Law, it shall be tacitly renewed for annual periods. El Seguro se estipula por el periodo de tiempo previs- to en las Condiciones Particulares, y a su vencimiento, de conformidad con el artículo 22 de la Ley, se prorro- gará tácitamente por periodos anuales. In the event that the Insured is hospitalized at the time, the notification made by the Insurer opposing the renewal of the Policy shall not take effect with re- spect to said Insured, until the date on which the In- sured is discharged from hospital, unless the Insured waives the right to continue treatment. Si el Asegurado se encontrase hospitalizado, la comu- nicación efectuada por la Aseguradora oponiéndose a la prórroga de la Póliza no surtirá efectos respecto de dicho Asegurado, hasta la fecha en que obtuviere el alta médica hospitalaria, salvo renuncia del Asegu- rado a seguir el tratamiento. 7) Loss of Rights, Termination of the Contract
Duration of the Insurance. The insurance is effective from the moment the insured employee begins his employment (is listed on the payroll). The insurance is terminated at the moment the insured employee leaves his employment (when his name is taken of the payroll).
Duration of the Insurance. The insurance is stipulated for the period of time provided for in the Specific Terms and Conditions, and upon expiry, pursuant to article 22 of the Act, it shall be tacitly renewed for annual periods.
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Related to Duration of the Insurance

  • Errors and Omissions, Professional Liability or Malpractice Insurance Contractor may be required to carry errors and omissions, professional liability or malpractice insurance. All policies shall remain in force through the life of this Contract and shall be payable on a "per occurrence" basis unless County specifically consents to a "claims made" basis. The insurer shall supply County adequate proof of insurance and/or a certificate of insurance evidencing coverages and limits prior to commencement of work. Should any of the required insurance policies in this Contract be cancelled or non-renewed, it is the Contractor’s duty to notify the County immediately upon receipt of the notice of cancellation or non-renewal. If Contractor does not carry a required insurance coverage and/or does not meet the required limits, the coverage limits and deductibles shall be set forth on a waiver, Exhibit C, attached hereto. Failure to provide and maintain the insurance required by this Contract will constitute a material breach of this Contract. In addition to any other available remedies, County may suspend payment to the Contractor for any services provided during any time that insurance was not in effect and until such time as the Contractor provides adequate evidence that Contractor has obtained the required coverage.

  • The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies, if written on a Claims First Made Basis, shall be maintained in full force and effect for two (2) years after termination of this LGIA, which coverage may be in the form of tail coverage or extended reporting period coverage if agreed by the Parties.

  • Professional Liability (Errors and Omissions) Insurance Limits shall not be less than the following: (a) For Projects with a budgeted construction cost of more than $30,000,000: i. For Design Professionals – $3,000,000 per claim and $4,000,000 in aggregate coverage; ii. For Subconsultant Engineers and Architects – $2,000,000 per claim and $3,000,000 in aggregate coverage; iii. For Other Consultants – $1,000,000 per claim and $2,000,000 in aggregate coverage. At the Design Professional’s request, the Owner may, at its sole discretion, agree to a lower limit for certain consultants. (b) For Projects with a budgeted construction cost of $20,000,000 up to $30,000,000: i. For Design Professionals – $2,000,000 per claim and $3,000,000 in aggregate coverage; ii. For Subconsultant Engineers and Architects – $1,000,000 per claim and $2,000,000 in aggregate coverage; iii. For Other Consultants – $1,000,000 per claim and $1,000,000 in aggregate coverage. At the Design Professional’s request, the Owner may, at its sole discretion, agree to a lower limit for certain consultants. (c) For Projects with a budgeted construction cost of less than $20,000,000: i. For Design Professionals – $1,000,000 per claim and $1,000,000 in aggregate coverage; ii. For Subconsultant Engineers and Architects – $1,000,000 per claim and $1,000,000 in aggregate coverage; iii. For Other Consultants – $1,000,000 per claim and $1,000,000 in aggregate coverage. At the Design Professional’s request, the Owner may, at its sole discretion, agree to a lower limit for certain consultants. (d) The Design Professional shall maintain professional liability insurance that shall be either a practice policy or project-specific coverage. Professional liability insurance shall contain prior acts coverage for services performed by the Design Professional for this Project. If project-specific coverage is used, these requirements shall be continued in effect for three years following the issuance of the Certificate of Final Completion for the Project.

  • Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

  • Professional Liability Insurance Professional liability insurance covering any damages caused by an error, omission or any negligent act with minimum limits as follows: i. $1,000,000 each occurrence; and ii. $1,000,000 general aggregate.

  • Optional Life Insurance The State shall make available optional term-life insurance to employees. The cost will be paid by the employee on a payroll deduction basis. The available coverage will be at least two (2) times the employee’s salary. No evidence of insurability will be required if an adequate number of employees participate. The State will explore smoker/non-smoker rates and spousal coverage.

  • Errors and Omissions Insurance Policy An errors and omissions insurance policy to be maintained by the Company pursuant to Section 4.12.

  • FDIC Insurance For any deposit accounts you open, the FDIC requires Bank to disclose, and you hereby acknowledge, that deposits held by Evolve Bank & Trust are insured up to $250,000 federal deposit insurance limit, per depositor for each ownership category.

  • Errors and Omissions Insurance; Fidelity Bonds The Master Servicer shall for so long as it acts as master servicer under this Agreement, obtain and maintain in force (a) a policy or policies of insurance covering errors and omissions in the performance of its obligations as Master Servicer hereunder and (b) a fidelity bond in respect of its officers, employees and agents. Each such policy or policies and bond shall, together, comply with the requirements from time to time of FNMA or FHLMC for persons performing servicing for mortgage loans purchased by FNMA or FHLMC. In the event that any such policy or bond ceases to be in effect, the Master Servicer shall obtain a comparable replacement policy or bond from an insurer or issuer, meeting the requirements set forth above as of the date of such replacement.

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