General Insurance Sample Clauses

The General Insurance clause requires one or both parties to maintain certain types of insurance coverage relevant to the contract or project. Typically, this includes coverage for property damage, liability, or other risks associated with the performance of contractual obligations, and may specify minimum coverage amounts or require proof of insurance. Its core function is to allocate risk and ensure that financial protection is in place in case of unforeseen events, thereby safeguarding both parties from potential losses.
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General Insurance. The properties of the Borrower and each of its Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of the Borrower, in such amounts (after giving effect to any self-insurance compatible with the following standards), with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the Borrower or such Subsidiary operates.
General Insurance. Developer and Connecting Transmission Owners shall each, at its own expense, maintain in force throughout the period of this Agreement, and until released by the other Parties, the following minimum insurance coverages, with insurers authorized to do business in the state of New York: 18.4.1 Employers’ Liability and Workers’ Compensation Insurance providing statutory benefits in accordance with the laws and regulations of New York State. 18.4.2 Commercial General Liability Insurance including premises and operations, personal injury, broad form property damage, broad form blanket contractual liability coverage (including coverage for the contractual indemnification) products and completed operations coverage, coverage for explosion, collapse and underground hazards, independent contractors coverage, coverage for pollution to the extent normally available and punitive damages to the extent normally available and a cross liability endorsement, with minimum limits of One Million Dollars ($1,000,000) per occurrence/One Million Dollars ($1,000,000) aggregate combined single limit for personal injury, bodily injury, including death and property damage.
General Insurance. Lessee hereby agrees to insure the equipment with an insurance carrier for the full value thereof; and shall name Lessor as an additional insured and loss payee on their liability and equipment policies and shall provide Lessor with a Certificate of Insurance upon demand by Lessor or upon hire of the equipment. The insurance shall cover loss or damage in the Continental U.S. or abroad, in transit or otherwise. Lessee must notify Lessor of Lessees intention to use equipment outside the continental U.S., and gain their permission to do so. For rentals outside the U.S., ▇▇▇▇▇▇ is responsible for prepayment of all customs duties, excise taxes, brokerage charges, shipping fees and taxes and/or other charges that may be imposed by any country. Any additional equipment rentals needed, due to impound or delays in shipping or customs are the responsibility of the Lessee. Lessee hereby acknowledges that daily rental charges shall accrue for time in transit, including time equipment may be in the hands of customs and are the responsibility of Lessee. Should Lessee fail to procure or pay the cost of maintaining in force the insurance specified in the terms of this Agreement, or to provide the Lessor upon hire of the equipment with satisfactory evidence of insurance, the Lessor may, but shall not be obligated to, procure the insurance and ▇▇▇▇▇▇ shall reimburse the Lessor on demand for its cost. Lapse or cancellation of the required insurance shall be an immediate and automatic breach of this agreement. Lessee shall also be liable for any loss or damage sustained by Lessor including but not limited to the daily rental value of the equipment from the pick-­‐up date until return, repair, and/or replacement
General Insurance.  For general insurance we may charge an agreed fee for our time or receive commission from the insurance provider.  We may also receive commission or other form of benefit from working with the issuer of a security, a product provider or from another intermediary. We will inform you before the transaction if we are likely to receive such commission or form of benefit from recommending any product to you or effecting an introduction where the service and / or the advice is provided by the other provider.  In respect of any regular premium policy which we may recommend, should you subsequently cease to pay premiums on the policy and as a result of your cancellation we are obliged to refund product charges or other commission that has been paid to us we reserve the right to charge you a fee representing the amount we have to repay, for a period of up to four years after commencement of the policy. We will not charge such fee if you exercise your right to cancel in accordance with the cancellation notice sent to you by the product provider.  For your additional security we do not handle client’s money. We never accept a cheque made out to us (unless it is a cheque in settlement of our fees or other charges or disbursements for which we have sent you an invoice). We do not handle cash. Cheques for payment will be required to be paid direct to the insurance provider.  We will make arrangements for all your investments/contracts to be registered in your name unless you first instruct us otherwise in writing. You have a right to inspect copies of contract notes and entries in our records in relation to transactions on your behalf. In that request we reserve the right to give you copies of such documents rather than access to the original records. We will forward to you all documents showing ownership of your policies as soon as practicable after we receive them. Where a number of documents relating to a series of transactions is involved, we will normally hold each document until the series is complete and then forward them to you.  We subscribe to the Financial Services Compensation Scheme (FSCS). You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim. You will find up-to-date details of the FSCS’s compensation limits, eligibility and details of how to make a claim on its website ▇▇▇.▇▇▇▇.▇▇▇.▇▇. As at May 2019, the limits are:- Most types of investment b...
General Insurance. Employer shall provide Employee the same group hospital, medical, dental, life and disability insurance benefits as provided to all other non-union employees.
General Insurance. The Contractor shall be responsible at all times for having in place valid and adequate insurance cover with an insurer of repute (and shall provide documentary evidence of the same to Gravity Media upon request):
General Insurance. For general insurance we do not charge a fee. We will receive commission from the product provider.
General Insurance. Developer and Connecting Transmission Owners shall each, at its own expense, maintain in force throughout the period of this Agreement, and until released by the other Parties, the following minimum insurance coverages, with insurers authorized to do business in the state of New York:
General Insurance. (a) At all times during the Term of this Lease, Tenant shall carry and maintain, at Tenant's expense, the insurance required hereunder, in the amounts specified in this Article (and with only customary deductibles) or such other amounts and in form and substance as Landlord may from time to time reasonably request, issued by an insurance company reasonably satisfactory to Landlord. Upon the execution of this Lease, and from time to time as requested by Landlord, Tenant shall deliver to Landlord certificates of all insurance policies required to be carried hereunder with evidence of payment of applicable premium. All policies shall include an additional insured endorsement naming Landlord, Landlord’s direct and indirect subsidiaries, divisions and affiliates, Landlord’s members, if applicable, and all mortgagees, as additional insureds. (b) Each policy so issued shall include a notice of cancellation endorsement stating that the insurance carrier shall send a cancellation notice to Landlord at least thirty (30) days prior to the policy being cancelled or otherwise terminated. Each policy so issued shall expressly provide: (i) that the insurance company shall not fail to renew the policy without thirty (30) days' advance written notice to Landlord; (ii) that no material change may be made in the policy; (iii) that it is not subject to invalidation as to Landlord's interest by reason of any act or omission of Tenant; and (iv) that it is primary without right of contribution. (c) The term "insurance policy" shall include any extensions or renewals of such insurance policy. (d) Landlord shall maintain insurance coverage for the Building and Land as it deems necessary, and Tenant shall not do or permit to be done any act or thing upon the Real Estate which would (i) jeopardize or be in conflict with property insurance policies covering the Building and fixtures and property on the Land, (ii) increase the rate of property or other casualty insurance applicable to the Real Estate to a rate higher than it otherwise would be for general office use for companies in the business of pharmaceutical products and laboratory use of the Building, or (iii) subject Landlord to any liability or responsibility for injury to any person or persons or to property by reason of any business or operation Tenant carries on upon the Real Estate.
General Insurance. Tenant shall, at its sole cost and expense, maintain in effect from and after the Term Commencement Date and continuously thereafter until the Expiration Date, the policies of insurance required under this Article. All policies that Tenant is required or elects to obtain under this Lease shall be issued by companies licensed to do business in Colorado with a general policyholder's rating of not less than "A" and a financing rating of not less than Class "X", as rated by the most current available "Bests" Insurance Reports. On or before the Term Commencement Date, Tenant shall furnish Landlord with evidence acceptable to Landlord that (i) the policies (or a binder thereof) required pursuant to this Article are in effect and (ii) Landlord shall be notified by the carrier in writing thirty (30) days prior to cancellation, material change, or non-renewal of such insurance. The policies that Tenant is required or elects to obtain pursuant to this Lease shall name Landlord and, upon Landlord's request, any Landlord's Lender, as additional insureds and shall be primary policies, unaffected by any insurance or self-insurance Landlord may have. If Tenant carries any of the insurance required hereunder in the form of a blanket policy covering various liabilities to Tenant and its subsidiaries, controlling or affiliated corporations, any certificate required hereunder shall make specific reference to the Premises. Upon the reasonable requests of Landlord from time to time, Tenant shall increase the limits of the policies that Tenant is required or elects to obtain under this Lease and shall purchase and keep in force policies of such other types of insurance as required by any Regulation. If Tenant fails to procure and maintain, throughout the Term, the policies of insurance required by this Lease, then Tenant shall be solely liable for any loss or cost resulting from such failure, and, in addition, Landlord shall have the rights and remedies specified in Article XVII hereof. ------------