Common use of General Comprehensive Liability Insurance Clause in Contracts

General Comprehensive Liability Insurance. 8.4.1PEM will provide General Comprehensive Liability insurance coverage in the joint names of PEM and NEWCO, including insurance for non-owned automotive units used in performing the work. The value of the insurance, covering products and completed operations and contractual liability, will have a combined limit of not less than $5,000,000.00 (FIVE MILLION DOLLARS)for each occurrence involving bodily injury, death or property damage. The General Comprehensive Liability Insurance Policy will have a property damage deductible not exceeding $2,500.00. The loss in the amount of the deductible will be PEM's responsibility. The insurance will be in effect from the time the work commences until the final completion date plus twelve (12) months thereafter for completed operations thereunder.

General Comprehensive Liability Insurance. 8.4.1PEM will provide General 9.3.1General Comprehensive Liability insurance coverage will be provided by PEM in the joint names of PEM and NEWCO, including insurance for non-owned automotive units used in performing the work. The value of the insurance, covering products and completed operations and contractual liability, will have a combined limit of not less than $5,000,000.00 (FIVE MILLION DOLLARS)for DOLLARS) for each occurrence involving bodily injury, death or property damage. The General Comprehensive Liability Insurance Policy policy will have a property damage deductible not exceeding $2,500.00. The loss in the amount of the deductible will be PEM's responsibility. The insurance will be in effect from the time the work commences until the final completion date plus twelve (12) months thereafter for completed operations thereunder.