Golf Course Manager and Other Contractors Sample Clauses

Golf Course Manager and Other Contractors. Unless otherwise agreed by the Parties in writing, during the Term of this Agreement, in the event ADLC uses a Golf Course Manager or one or more other contractors to perform activities provided for under Parts II, III, and IV of the Golf Course O&M Plan, ADLC shall require the Golf Course Manager and any such contractors to purchase and maintain in effect, at all times during their performance of the actions, the following minimum insurance with insurance companies having an A.M. Best Financial Strength Rating of A- or better and Financial Size Category of X (10) or better: (i) Workers’ Compensation Insurance in compliance with all statutory limits; (ii) Employer’s Liability Insurance with a limit of not less than $1,000,000 per accident; (iii) Commercial or General Liability Insurance, including coverage for premises and operations, contractual liability, completed operations, with limits as required by law or with a combined single limit of not less than $1,000,000 per occurrence, whichever is greater; (iv) Automobile Liability Insurance (including owned, non-owned, and hired vehicles) with limits as required by law or with a combined single limit for bodily injury, death, and property damage of not less than $1,000,000 per occurrence, whichever is greater, (v) Excess Liability Insurance with a combined single limit for bodily injury, death, and property damage of not less than $2,000,000 per occurrence/annual aggregate above said employer’s liability, commercial or general liability, and automobile liability insurance; and (vi) Professional Liability Insurance with limits of at least $3,000,000 per claim and $3,000,000 annual aggregate (if such insurance is appropriate taking into account the nature of the activities being performed by the contractor). ADLC hereby acknowledges that the insurance required under this Section 6.2 is based upon insurance available in the market as of the Effective Date and that the policy limits for such insurance are minimum amounts. The Parties shall meet and confer from time to time to determine whether additional or different types of insurance coverages should be required to reflect the current insurance market for similar activities and higher minimum limits to adjust for such factors as inflation and/or the nature and extent of the activities being performed.
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