Environmental Risk Insurance. Environmental damage coverage indemnifies solar system owners of the risk of either environmental damage done by their development or pre-existing damage on the development site. Sub-Section F: O&M Agreement Page 31 of 52 Tender No. SECI/C&P/OP/11/0006/2022-23 The Contractor shall ensure that under the aforementioned insurance policies, each of the insured has the ability to claim thereunder for a minimum period of three (3) months from the date of expiry of the insurance policies for any claims that arose prior to the expiry date. The Employer shall be named as co-insured under all insurance policies taken out by the Contractor, except for the Third-Party Liability and Workers’ Compensation Insurances, and the Contractor’s Subcontractors shall be named as co-insureds under all insurance policies taken out by the Contractor, except for the Cargo, Workers’ Compensation. All insurer’s rights of subrogation against such co-insureds for losses or claims arising out of the performance of the Contract shall be waived under such policies.
Environmental Risk Insurance. SDSTA shall secure Environmental Risk Insurance naming Homestake the Homestake Indemnified Parties (as that term is used in the Property Donation Agreement as an additional insureds to cover any and all on-site and off-site pollution for its use or occupancy of the Property for the Replacement Easement and Permitted Uses, or provide for such coverage under policies SDSTA maintains under the Property Donation Agreement. By way of clarification, apart from the requirements of this section to ensure Homestake and its Affiliates are additional insureds and ensuring coverage under the existing policy or policies of the Property and for the Permitted Uses, SDSTA need not purchase additional environmental risk insurance limits of liability above or beyond thosethat required under the Property Donation Agreement.
