Common use of Fidelity Bond or Crime Coverage Clause in Contracts

Fidelity Bond or Crime Coverage. If applicable, Supplier Fidelity Bond or Crime coverage for the dishonest acts of its employees in a minimum amount of one million dollars ($1,000,000). Supplier will endorse such policy to include a “Regents of the University of California Coverage” or “Joint Payee Coverage” endorsement. UC and, if so requested, UC’s officers, employees, agents, and sub- suppliers will be named as "Loss Payee, as Their Interest May Appear” in such Fidelity Bond.

Appears in 6 contracts

Samples: Purchasing Agreement, Purchasing Agreement, Purchasing Agreement

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