Common use of Excess/Umbrella Liability Insurance Clause in Contracts

Excess/Umbrella Liability Insurance. In addition to the coverages outlined above, Excess Umbrella Liability shall be maintained in effect with a minimum limit of $5,000,000. Such coverage is to be excess over Article 16a(ii), Article 16b and Article 16c as identified above, unless such underlying coverages are written in the amount of $6,000,000 or more. For coverage associated with Articles 16a, 16b, 16c and 16d insurance provided by Seller shall be primary and non-contributory and shall contain a waiver of subrogation to be endorsed to all policies in favor of JEG. Before commencing performance of any Work on the Project, Seller shall provide to JEG a certificate(s) of insurance in compliance with the above requirements, stating policy numbers, dates of expiration, and limits of liability thereunder, and including copies of the endorsements evidencing the addition of JEG and any other party which JEG has an obligation to indemnify as an additional insured party. All insurance provided by Seller shall provide for thirty (30) days written notice to JEG prior to cancellation or any modification of any such insurance. In the event of cancellation for non-payment of a premium, Seller shall notify JEG immediately in writing.

Appears in 4 contracts

Samples: Purchase Order Agreement, Purchase Order Agreement, Purchase Order Agreement

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