Common use of Extended Coverage Clause in Contracts

Extended Coverage. For Professional Liability Errors and Omissions coverage under Section 18.1.5, Contractor shall continue such coverage for at least five years beyond the expiration or termination of this Contract. The Retroactive Date must be shown and must be before the Effective Date or the beginning of work on the Contract, whichever is earlier. If coverage is canceled or non-renewed, and not replaced with another claims made policy form with a Retroactive Date prior to the Effective Date, Contractor must purchase “extended reporting” coverage for a minimum of five years after expiration or termination of the Contract, whichever is earlier.

Appears in 5 contracts

Samples: Saas Contract, Telecommunications, On Premise Model Contract

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Extended Coverage. 18.13.1 For Professional Liability Errors and Omissions coverage under Section 18.1.5described above, Contractor shall must continue such coverage for at least five years beyond the expiration or termination of this Contract. The Retroactive Date must be shown and must be before the Effective Date or the beginning of work on the Contract, whichever is earlier. If coverage is canceled or non-renewed, and not replaced with another claims claim made policy form with a Retroactive Date prior to the Effective Date, Contractor must purchase “extended reporting” coverage for a minimum of five years after expiration or termination of the Contract, whichever is earlier.

Appears in 5 contracts

Samples: Contract, Contract, Contract

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Extended Coverage. 18.13.1 For Professional Liability Errors and Omissions and Cyber-Security coverage under Section 18.1.5described above, Contractor shall must continue such coverage for at least five three years beyond the expiration or termination of this ContractContract or provide for a comparable extended reporting period. The Retroactive Date must be shown and must be before the Effective Date or the beginning of work on the Contract, whichever is earlier. If coverage is canceled or non-non- renewed, and not replaced with another claims claim made policy form with a Retroactive Date prior to the Effective Date, Contractor must purchase “extended reporting” coverage for a minimum of five three years after expiration or termination of the Contract, whichever is earlier.

Appears in 1 contract

Samples: Contract

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