Excess Insurance and Reinsurance Sample Clauses

Excess Insurance and Reinsurance. The Authority shall obtain or cause to be obtained such excess insurance or reinsurance as may be necessary and prudent in the judgment of Board. The expense of such excess insurance or reinsurance shall be paid from the Funds of the Authority.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Excess Insurance and Reinsurance. BETARMA shall obtain or cause to be obtained such excess insurance and/or reinsurance as may be necessary and prudent in the judgment of the BETA Council. The expense of such excess insurance or reinsurance shall be paid from the Funds of BETARMA. If, because of financial, administrative and/or program design reasons, obtaining excess insurance and/or reinsurance with or in conjunction with other entities affiliated with BETARMA is in the best interests of BETARMA and/or its Members, then such joint marketing, presentation and/or analysis of data and purchasing of excess insurance and/or reinsurance is authorized by BETARMA. BETARMA will maintain sufficient excess insurance and reinsurance necessary for each Group Self-Insurance Program, even if this requires separate insurance coverage.
Sample 1Sample 2
Excess Insurance and Reinsurance. Coordinator shall obtain or cause to be obtained such excess insurance or reinsurance as may be necessary in the judgment of the Actuary and ALPHA Council. The expense of such excess insurance or reinsurance shall be paid from the Funds of ALPHA Fund.
Sample 1

Related to Excess Insurance and Reinsurance

  • 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.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Indemnity Insurance a. The Service Provider agrees to indemnify and save harmless the City, its officers, agents and employees against and from any and all actions, suits, claims, demands or liability of any character whatsoever brought or asserted for injuries to or death of any person or persons, or damages to property arising out of, result from or occurring in connection with the performance of any service hereunder.

  • Subcontractor Insurance Coverage Except where Huron Valley Schools has approved a subcontract with other insurance provisions, the Contractor must require any Subcontractor to purchase and maintain the insurance coverage required in Section 3.a, Liability Insurance. The Contractor may include a Subcontractor under the Contractor's insurance on the coverage required in that Section. The failure of a Subcontractor to comply with insurance requirements does not limit the Contractor's liability or responsibility.

  • Insurance and Indemnity (a) The Hirer shall be liable for:

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!