Excess Liability Policies Sample Clauses

Excess Liability Policies. 86 Section 10.3
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Excess Liability Policies. In the event of a Combined Limit Loss (as defined below), Conoco and DuPont agree that their respective risk managers (each, a "Risk Manager") shall use best efforts to agree on the allocation of insurance proceeds and, in the event of an agreement, to issue joint instructions to Danube and Christiana and to cause Danube and Christiana to likewise issue joint instructions to their respective reinsurers, as appropriate. If the Risk Managers fail to agree on an allocation of insurance proceeds, the allocation shall be resolved by the dispute resolution process set forth in Article XIII hereof. As used in this Section 10.2, "Combined Limit Losses" shall mean any Losses covered by certain excess liability policies under both the Conoco and DuPont insurance programs (and the reinsurance policies obtained by Danube and to be obtained by Christiana with third party reinsurers for the same coverages) which contain "combined limit" endorsements which require joint instructions from the "named entity" (as such term is defined in such policies) be issued to determine the allocation of insurance proceeds.
Sample 1Sample 2
Excess Liability Policies. The limits of insurance required in this AGREEMENT may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverage shall be at least as broad as specified for the underlying coverages and cover those insured in the underlying policies. Any umbrella or excess insurance shall also apply on a Primary and Noncontributory basis for the benefit of the CITY before the CITY’s own insurance or self-insurance shall be called upon to protect it as a named insured.
Sample 1
Excess Liability Policies. All policies (except Workers’ Compensation) shall name The Tri-M Group, LLC., its parent(s), subsidiary (ies) and affiliated companies, their respective officers, directors, stockholders, employees, the project owner, and agents as additional insured. The current edition of form CG 20 10 (AI endorsement applicable to ongoing operations) and the current edition of form CG 20 37 (AI endorsement applicable to completed operations) shall be attached to the general liability policy. The policies shall be endorsed to provide coverage to these Additional Insureds on a primary (non-contributory) basis without seeking contribution from any other insurance or self-insurance available to the Additional Insured. Contractor shall furnish to The Tri-M Group, LLC insurance certificate in a form acceptable to The Tri-M Group, LLC evidencing compliance with the foregoing requirements and stating that the Insurers will provide 60 day written notice of cancellation or material alteration in any of the require policies of insurance. Copies of the additional insured endorsements must be attached to the certificate of insurance. All policies shall be written on an occurrence basis. Claims made policies will not be acceptable. If requested by Tri-M Group, LLC, the contractor will provide The Tri-M Group, LLC with certified copies of the policies within 30 days of the request. If any of the policies contain deductibles or self-insured retentions, the deductibles or self-insured retentions will be the sole responsibility of the contractor and coverage will apply to The Tri-M Group, LLC as though the policies were written on a “first dollar” basis. All policies shall be written with insurers acceptable to The Tri-M Group, LLC. and have A.M. Best ratings of A-VII or better. All primary casualty policies (GL, Auto, WC) should provide for Waiver of Subrogation in favor of The Tri-M Group, LLC. This can be accomplished through endorsements specific to The Tri-M Group, LLC, or through blanket waiver endorsements. GL policies should note that the coverage supplied by the sub is primary and non-contributory.
Sample 1

Related to Excess Liability Policies

  • Excess Liability Insurance $___________________ minimum required insurance policy for anything other than General Liability or Automobile coverage. ☐ - Additional Insurance Requirement: Client, Contractor, and any other entity which the Contractor is required to name as an additional insured under the Prime Contract shall be named as additional insureds under the General Liability Insurance required by this Section and any such insurance afforded to the additional insureds shall apply as primary insurance. Any other insurance maintained by the Client or Contractor shall be excess insurance and shall not be called upon to contribute to Subcontractor’s primary or excess insurance carrier’s duty to defend or indemnify unless required by law. The excess insurance required above shall also afford additional insured protection to Client and Contractor. This Section shall in no event be construed to require that additional insured insurance coverage be provided to a greater extent than permitted under the statutes or public policy governed under State law. Certificates of Insurance. Certificates of insurance, and the required additional insured and other endorsements, including waivers of subrogation shall be furnished to Contractor before the performance of any Services.

  • Indemnification; Liability Insurance The Company and Executive shall enter into the Company’s standard form of indemnification agreement governing his conduct as an officer and director of the Company.

  • D&O Liability Insurance To the extent that the Company maintains a policy or policies of insurance (“D&O Liability Insurance”) providing liability insurance for directors and officers of the Company in their capacities as such (and for any capacity in which any director or officer of the Company serves any other Enterprise at the request of the Company), in respect of acts or omissions occurring while serving in such capacity, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any other director or officer under such policy or policies.

  • Employer’s Liability Insurance The Contractor shall also maintain Employer's Liability Insurance Coverage with limits of at least:

  • OWNER'S LIABILITY INSURANCE The Owner shall be responsible for purchasing and maintaining the Owner’s usual liability insurance.

  • Workers’ Compensation and Employer’s Liability Insurance The Contractor shall have in effect during the entire life of this Agreement Workers' Compensation and Employer's Liability Insurance providing full statutory coverage. In signing this Agreement, the Contractor certifies, as required by Section 1861 of the California Labor Code, that it is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for Worker's Compensation or to undertake self-insurance in accordance with the provisions of the Code, and I will comply with such provisions before commencing the performance of the work of this Agreement.

  • Product Liability Insurance insurance against claims for bodily injury, death or Property damage resulting from the use of products sold by the Company or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Company and its Subsidiaries.

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • ’ Compensation and Employer’s Liability Insurance a. Statutory California Workers' Compensation coverage including broad form all-states coverage.

  • Directors and Officers Liability Insurance 6.01 The Company shall, from time to time, make the good faith determination whether or not it is practicable for the company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors and officers with coverage for losses from wrongful acts, or to ensure the Company's performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all policies of directors' and officers' liability insurance, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company's directors, if Indemnitee is a director; or of the Company's officers, if Indemnitee is not a director of the Company but is an officer. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or subsidiary of the Company.

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