Common use of Indemnity for Professional Liability Clause in Contracts

Indemnity for Professional Liability. The School’s duty to indemnify the Sponsor for professional liability as insured by the School Leaders Errors and Omissions policy described in this Charter shall continue in full force and effect notwithstanding the expiration, non-renewal or early termination of this Charter with respect to any claims based on facts or conditions which occurred prior to termination. The School’s Errors and Omissions limitation on post-termination claims of professional liability shall not impair the Sponsor’s claims to indemnification with respect to a claim for which the School is insured or for which the School should have been insured under Commercial General Liability Insurance, Automobile Liability Insurance or Employer’s Liability Insurance.