Errors and Omissions Insurance Sample Clauses
Errors and Omissions Insurance. Errors and Omissions Insurance to be maintained by the Servicer in accordance with Section 3.13.
Errors and Omissions Insurance. Errors and Omissions Insurance to be maintained by the Servicer in accordance with the Xxxxxx Mae Guides.
Errors and Omissions Insurance. Errors and Omissions Insurance to be maintained by the Servicer in accordance with the Xxxxxx Xxx Guide or Xxxxxxx Mac Guide.
Errors and Omissions Insurance. Consultant shall obtain and maintain in full force throughout the term of this Contract a professional liability insurance policy (Errors and Omissions), in a company authorized to issue such insurance in the State of California, with limits of liability of not less than One Million Dollars ($1,000,000.00) to cover all professional services rendered pursuant to this Contract.
Errors and Omissions Insurance. The Manager shall, and shall cause any other Service Provider to, at all times during the term of this Agreement maintain “errors and omissions” insurance coverage and other insurance coverage which is customarily carried by Persons performing functions that are similar to those performed by the Service Providers under this Agreement, with reputable insurance companies and in an amount which is comparable to that which is customarily maintained by such other Persons. In each case, the relevant Service Recipients shall be included as additional insured or loss payees under the relevant policies.
Errors and Omissions Insurance. Errors and Omissions Insurance which includes coverage for professional malpractice, in the amount of $1,000,000.00. The policy shall provide for coverage of all claims occurring during the term of the policy notwithstanding the fact that the claim may be asserted subsequent to the expiration of the policy for a minimum period of three (3) years.
Errors and Omissions Insurance. The Company agrees to secure at its own cost and expense errors and omissions insurance, or similar forms of insurance, it determines to be satisfactory to protect against foreseeable risks, errors and omissions in Advisor performing as a director of the Board of Directors of a publicly-traded corporation. The Company agrees to notify Advisor in writing of the securing of such a policy(ies) upon receipt of the same, and shall produce to Advisor within a reasonable period of time the applicable declaration page(s).
Errors and Omissions Insurance. CitiMortgage will maintain in force · a policy or policies of insurance covering errors and omissions in the performance of its servicing obligations, and · a fidelity bond for its officers, employees and agents. Such policies and bond will, together, comply with Fxxxxx Mxx or Fxxxxxx Mac requirements for persons servicing mortgage loans purchased by such association.
Errors and Omissions Insurance. The Board agrees to pay the premium amount for errors and omissions insurance coverage for the Administrator while engaged in the performance of a governmental function and while the Administrator is acting within the scope of his/her authority. The policy limits for this coverage shall be not less than Five Million Dollars ($5 million).
A. The terms of the errors and omissions insurance policy shall control the Administrator's defense and indemnity. The Board’s sole obligation shall be limited to the payment of premium amounts for the above errors and omissions coverage.
B. If such insurance coverage cannot be purchased in the above amount or at a reasonable premium rate, the Board will promptly notify the Administrator of that fact and the parties will promptly meet and confer to reach a mutually agreeable solution to address that situation. In that event, the Board agrees on a case-by-case basis to consider providing legal defense or indemnification to the Administrator as authorized under MCL 691.1408 and MCL 380.11a(3)(d).
Errors and Omissions Insurance. The Engineer shall maintain a professional liability insurance policy in the amount of $1,000,000.00. This policy shall remain in full force and effect for a period of one year after completion and acceptance by the City of the construction of the project.