Forms of Insurance. Tenant shall maintain at its expense at all times the following forms of insurance:
i. Commercial General Liability Coverage on the Building in an amount not less than One Million and No/100 Dollars ($1,000,000.00) combined single limit each occurrence for bodily injury and property damage with so-called “umbrella coverage” with a limit of no less than Five Million and No/100 Dollars ($5,000,000) in aggregate;
ii. Workmen’s compensation insurance covering all persons employed in connection with any and all employees and agents of Tenant with respect to whom death or bodily injury claims could be asserted against Landlord or Tenant as required by applicable law;
Forms of Insurance. All policies of insurance described in this Article X shall be provided by good and solvent insurance carriers licensed to do business in the Commonwealth of Virginia, may not expire or be cancelled or reduced below the coverage required hereunder without at least thirty (30) days' prior written notice to Lessor and Lessee and shall contain a waiver of subrogation pursuant to Section 10.
Forms of Insurance. The form of the insurance shall be approved by the Director and City Attorney; however such approval shall not (a) excuse non-compliance with the terms of this Section 4.10, inclusive all sections therein or (b) waive or estop the City from asserting its rights to Terminate this Agreement. The policy issuer (i) shall have a Certificate of Authority to transact insurance business in Texas or (ii) shall be an eligible non-admitted insurer in the State of Texas and have a Best's rating of at least B+ and a Best's Financial Size Category of Class VI or better, according to the most current Best's
Forms of Insurance. The aforesaid insurance shall be in companies and in form, substance and amount (where not stated above) reasonably satisfactory to Landlord. The aforesaid insurance shall not be subject to cancellation except after at least thirty (30) days' prior written notice to Landlord. Copies of the insurance policies (or certificates thereof reasonably satisfactory to Landlord) together with satisfactory evidence of payment of the premiums thereon, shall be deposited with Landlord on the Commencement Date and renewals thereof not less than thirty (30) days prior to the end of the term of each such coverage.
Forms of Insurance. All insurance required to be carried by Tenant hereunder:
(a) shall be issued by insurance carriers authorized to conduct business in the state in which the Premises are located with an A.M. Best's guide rating of no less than A-VII;
(b) shall be written as primary insurance and non-contributory over any insurance purchased by Landlord;
(c) shall contain a provision whereby each insurer agrees to give Landlord at least fifteen (15) days' prior written notice of any cancellation;
(d) may provide for a deductible so long as the deductible does not exceed $25,000.00 per occurrence;
(e) shall be written on an Occurrence basis, any policies underwritten as Claims Made will not satisfy the insurance requirements outlined above in Section 6.2;
(f) shall not be modified to reduce the extent of coverage or limits required herein without the prior written consent of Landlord.
(g) as respects the Commercial General Liability, Commercial Automobile Liability and Umbrella Liability policies, Tenant shall ensure that the following are added by endorsement under the ISO (CG 20 11) or comparable form as additional insureds to the policies; Owner and Manager, their parent companies, subsidiaries, affiliate companies and partnerships and all of their directors, officers, agents, representatives and employees.
(h) evidence of Commercial Property Insurance shall be provided under the form ACORD 24, xxx certificates of all other insurance and appropriate endorsements shall be provided under the form ACORD 25, xxxx certificates shall be provided to Landlord five (5) days prior to occupancy and evidence of renewal shall be provided to Landlord concurrent with the expiry of each policy.
Forms of Insurance. All of the aforesaid insurance required of Tenant shall be in companies with an A.M. Best rating of at least (A-)(VIII) and licensed to do business in the state in which the Building is located. The insurer and the form, substance and amount (where not stated above) of Tenant’s insurance shall be reasonably satisfactory from time to time to Landlord and any mortgagee of Landlord, shall meet all requirements set forth in Exhibit B and shall unconditionally provide that it is not subject to cancellation, material modification or non-renewal except after at least thirty (30) days prior written notice to Landlord and any mortgagee of Landlord. Original certificates of Tenant’s insurance policies reasonably satisfactory to Landlord, together with reasonably satisfactory evidence of payment of the premiums thereon, shall be deposited with Landlord at the Commencement Date and renewals thereof not less than thirty (30) days prior to the end of the term of such coverage. Within ten (10) days of Landlord’s request, Tenant shall deliver copies of all policies of insurance required of Tenant hereunder. Landlord makes no representation that the either the insurance or the limits of liability specified to be carried by Tenant under the terms of this Lease are adequate to protect Tenant against Xxxxxx’s undertaking under this Section 14 and Section 15.
Forms of Insurance. Insurance shall be in such form as will protect the Contractor from claims and liabilities for (a) damages for bodily injury, including accidental death, and (b) property damage, which may arise from operations under this Contract whether such operation by himself or by anyone directly or indirectly employed by him. Additionally, insurance shall be in such a form as will protect Contractor related to claims of defects in design or construction and professional liability for services provided under this Contract. Contractor shall provide a certificate or certificates of insurance demonstrating the following: • Comprehensive General Liability: $1,000,000 per occurrence, $2,000,000 aggregated, as well as completed operations coverage applicable to the work performed under this Contract and all liabilities as set forth above. The general liability policy must also contain contractual liability coverage applicable to the contractual indemnification obligation set forth in§ 8.2 below. • Automobile and Truck Liability: Bodily injury or Property Damage - $1,000,000 Combined Single Limit, per occurrence • Professional Liability: Errors and Omissions - $ l,000,000 per occurrence, $2,000,000 aggregated • Worker’s Compensation Insurance coverage for all people employed by the Contractor to perform work on this project. This insurance shall be, at a minimum, at levels and in strict accordance with the requirements of the laws of the State of New Hampshire, as those laws may be amended. • Builder's Risk Insurance covering the project at its full value which shall name the Town of Rye as loss Payee.
Forms of Insurance. Insurance shall be in such form as will protect the Contractor from claims and liabilities for
(a) damages for bodily injury, including accidental death, and (b) property damage, which may arise from operations under this Contract whether such operation by himself or by anyone directly or indirectly employed by him. Additionally, insurance shall be in such a form as will protect Contractor related to claims of defects in design or construction and professional liability for services provided under this Contract. Contractor shall provide a certificate or certificates of insurance demonstrating the following: • Commercial/Comprehensive General Liability: $1,000,000 peroccurrence, $2,000,000) in the aggregate aggregated, as well as completed operations coverage applicable to the work performed under this Contract and all liabilities as set forth above. The general liability policy must also contain contractual liability coverage applicable to the contractual indemnification obligation set forth in§ 8.2 below. • Automobile and Truck Liability: Bodily injury or Property Damage - $1,000,000 Combined Single Limit, per occurrence. • Professional Liability: Errors and Omissions - $ l,000,000 per occurrence, $2,000,000 aggregated. • Worker’s Compensation Insurance coverage for all people employed by the Contractor to perform work on this Project. This insurance shall be, at a minimum, at levels and in strict accordance with the requirements of the laws of the State of New Hampshire, as those laws may be amended. • Builder's Risk Insurance covering the Project at its full value, as completed, which shall name the Town of Rye Sewer Commission as loss payee.
Forms of Insurance. All of the aforesaid insurance shall be in ---------------------- companies with an A.M. Best rating of at least (A-)(VIII) and licensed to do business in the State of Nevada. As to Tenant's insurance, the insurer and the form, substance and amount (where not stated above) shall be reasonably satisfactory from time to time to Landlord and any mortgagee of Landlord, and shall unconditionally provide that it is not subject to cancellation, material modification or non-renewal except after at least thirty (30) days prior written notice to Landlord and any mortgagee of Landlord. Original certificates of Tenant's insurance policies reasonably satisfactory to Landlord, together with reasonably satisfactory evidence of payment of the premiums thereon, shall be deposited with Landlord at the Commencement Date and renewals thereof not less than thirty (30) days prior to the end of the term of such coverage.
Forms of Insurance. The form of the insurance shall be approved by the Director and City Attorney; however such approval shall not (a) excuse non-compliance with the terms of this Section 4.10, inclusive all sections therein or (b) waive or estop the City from asserting its rights to Terminate this Agreement. The policy issuer (i) shall have a Certificate of Authority to transact insurance business in Texas or (ii) shall be an eligible non-admitted insurer in the State of Texas and have a Best's rating of at least B+ and a Best's Financial Size Category of Class VI or better, according to the most current Best's Key Rating Guide.
