Common use of Excess or Umbrella Liability Coverage Clause in Contracts

Excess or Umbrella Liability Coverage. (if utilized to achieve required policy limits) Umbrella liability insurance is preferred, but an excess liability equivalent may be allowed. Whichever type of coverage is provided, it shall not be more restrictive than the underlying insurance policy coverages. Umbrella coverage shall drop down to provide coverage where the underlying limits are exhausted.

Appears in 8 contracts

Samples: Case Management Software Services Agreement, Waste Tire Recycling and Disposal Services Agreement, Promotion and Marketing Services Agreement

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Excess or Umbrella Liability Coverage. (if utilized to achieve required policy limits) Umbrella liability Liability insurance is preferred, but an excess liability Excess Liability equivalent may be allowed. Whichever type of coverage is provided, it should be at least “following form” and shall not be more restrictive than the underlying insurance policy coverages. Umbrella coverage shall drop down to provide coverage where the underlying limits are exhausted.

Appears in 2 contracts

Samples: Master Services Agreement, Master Services Agreement

Excess or Umbrella Liability Coverage. (if utilized to achieve required policy limits) Umbrella liability insurance is preferred, but an excess liability equivalent may be allowed. Whichever type of coverage is provided, it shall not be more restrictive than the underlying insurance policy coverages. Umbrella coverage shall drop down to provide coverage where the underlying limits are exhaustedehxausted.

Appears in 1 contract

Samples: Traffic Signal Maintenance Agreement

Excess or Umbrella Liability Coverage. (if utilized to achieve required policy limits) Umbrella liability Liability insurance is preferred, but an excess liability Excess Liability equivalent may be allowed. Whichever type of coverage is provided, it shall not be more restrictive than the underlying insurance policy coverages. Umbrella coverage shall drop down to provide coverage where the underlying limits are exhausted.

Appears in 1 contract

Samples: Construction Contract

Excess or Umbrella Liability Coverage. (if utilized to achieve required policy limits) Umbrella liability insurance is preferred, but an excess liability equivalent may be allowed. Whichever type of coverage is provided, it shall not be more restrictive than the underlying insurance policy coverages. Umbrella coverage shall drop down to provide coverage where the underlying limits are exhausted.

Appears in 1 contract

Samples: Professional Services

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Excess or Umbrella Liability Coverage. (if utilized to achieve required policy limits) Umbrella liability Liability insurance is preferred, but an excess liability Excess Liability equivalent may be allowed. Whichever type of coverage is provided, it shall not be more restrictive than the underlying insurance policy coverages. Umbrella coverage shall drop down to provide coverage where the underlying limits are exhaustedcoverage.

Appears in 1 contract

Samples: Contract Agreement

Excess or Umbrella Liability Coverage. (if If utilized to achieve required policy limits) Umbrella liability insurance is preferred, but an excess liability equivalent may be allowed. Whichever type of coverage is provided, it shall not be more restrictive than the underlying insurance policy coverages. Umbrella coverage shall drop down to provide coverage where the underlying limits are exhausted.

Appears in 1 contract

Samples: Custodial Services Agreement

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