Independent Certifier’s Professional Indemnity Insurance Sample Clauses

Independent Certifier’s Professional Indemnity Insurance. (a) The Independent Certifier shall have and at all times maintain in full force and effect:‌ (i) professional errors and omissions insurance: A. in the minimum amount of with a deductible of not more than per claim and in the aggregate, per claim and from an insurer and on terms satisfactory to each of the Project Agreement Parties; B. with a term and extended reporting period from the date of this Agreement until the expiration of following the cessation of performance of the Functions, Duties and Obligations; and C. covering liability which the Independent Certifier might incur as a result of any breach of its obligations or any breach of a duty owed by the Independent Certifier in a professional capacity to the Project Agreement Parties or the Contributing Agencies, or any of them, under or in connection with this Agreement or the performance of the Functions, Duties and Obligations; and (ii) comprehensive general liability insurance in the minimum amount of per claim and in the aggregate, with no deductible for personal injury or bodily injury, and a deductible of not more than per occurrence for property damage, and from an insurer and on terms and conditions satisfactory to each of the Project Agreement Parties. (b) The Independent Certifier shall provide copies of its insurance policies and renewals to each of the Project Agreement Parties (or as either of them may direct) upon request.
Sample 1
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Independent Certifier’s Professional Indemnity Insurance. (a) The Independent Certifier must have in place at all times during the term of this Independent Certifier Agreement: (i) professional liability insurance: (A) in the amount of $[REDACTED] per claim and $[REDACTED] in the aggregate, a deductible of not more than $[REDACTED] per claim and from an insurer and on terms satisfactory to each of the PA Parties; and (B) covering liability which the Independent Certifier might incur as a result of a breach by it of its obligations owed by the Independent Certifier in a professional capacity to the PA Parties, or either of them, under or in connection with this Independent Certifier Agreement or the provision of the Certification Services; and (ii) comprehensive general liability insurance in the amount of $[REDACTED] per claim and in the aggregate, no deductible for personal injury or bodily injury, a deductible of not more than $[REDACTED] per occurrence for property damage and from an insurer and on terms satisfactory to each of the PA Parties. (b) The Independent Certifier must provide copies of its insurance policies to each of the PA Parties upon execution of this Independent Certifier Agreement, and, at least 5 Business Days prior to the expiry date of any such insurance policy, the Independent Certifier must provide evidence of the renewal of any such insurance policy satisfactory to the PA Parties, acting reasonably.
Sample 1
Independent Certifier’s Professional Indemnity Insurance. (a) The Independent Certifier will, at its cost, have in place: (1) professional errors and omissions insurance: (b) The Fee includes all taxes (except for Goods and Services Tax), disbursements and expenses (including accommodation, car rental, equipment and travel expenses), overheads and profit to perform the Functions.
Sample 1
Independent Certifier’s Professional Indemnity Insurance. [NTD ­ The following insurance is subject to confirmation by the Risk Management Branch of the Province and the Concessionaire’s insurance consultant.] 7.1.1 The Independent Certifier must have and maintain in place: (a) professional errors and omissions insurance: (i) in the amount of $• million per claim and in the aggregate, a deductible of not more than $• per claim and from an insurer and on terms satisfactory to each of the CA Parties; (ii) with a term and extended reporting period from the date of this Contract until the expiration of 4 years from the cessation of the Functions; and (iii) covering liability which the Independent Certifier might incur as a result of a breach by it of its obligations or any breach of a duty owed by the Independent Certifier in a professional capacity to the CA Parties, or either of them, under or in connection with this Contract or the provision of the Functions; and (b) comprehensive general liability insurance in the amount of $• million per claim and in the aggregate, no deductible for personal injury or bodily injury, a deductible of not more than $• per occurrence for property damage, and from an insurer and on terms and conditions satisfactory to each of the CA Parties. 7.1.2 The Independent Certifier must provide copies of its insurance policies and renewals to each of the CA Parties (or as either of them may direct) upon request.
Sample 1

Related to Independent Certifier’s Professional Indemnity Insurance

  • Professional Indemnity Insurance A policy of insurance to cover claims made against the insured for: civil liability for breach of professional duty (whether owed in contract or otherwise); and unintentional breaches of third party intellectual property, by the Contractor or its subcontractors in carrying out the Contractor's Activities.

  • Errors and Omissions, Professional Liability or Malpractice Insurance Contractor may be required to carry errors and omissions, professional liability or malpractice insurance. All policies shall remain in force through the life of this Contract and shall be payable on a "per occurrence" basis unless County specifically consents to a "claims made" basis. The insurer shall supply County adequate proof of insurance and/or a certificate of insurance evidencing coverages and limits prior to commencement of work. Should any of the required insurance policies in this Contract be cancelled or non-renewed, it is the Contractor’s duty to notify the County immediately upon receipt of the notice of cancellation or non-renewal. If Contractor does not carry a required insurance coverage and/or does not meet the required limits, the coverage limits and deductibles shall be set forth on a waiver, Exhibit C, attached hereto. Failure to provide and maintain the insurance required by this Contract will constitute a material breach of this Contract. In addition to any other available remedies, County may suspend payment to the Contractor for any services provided during any time that insurance was not in effect and until such time as the Contractor provides adequate evidence that Contractor has obtained the required coverage.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

  • Professional Liability (Errors & Omissions Insurance with limits of not less than $1,000,000 each occurrence, $2,000,000 aggregate. Such insurance will cover all professional services rendered by or on behalf of PROVIDER and its subcontractors under this Agreement. Renewal policies written on a claims-made basis will maintain the same retroactive date as in effect at the inception of this Agreement. If coverage is written on a claims-made basis, PROVIDER agrees to purchase an Extended Reporting Period Endorsement, effective for two (2) full years after the expiration or cancellation of the policy. No professional liability policy written on an occurrence form will include a sunset or similar clause that limits coverage unless such clause provides coverage for at least three (2) years after the expiration of cancellation of this Agreement.

  • Professional Indemnity C11.1 The Contractor shall effect and maintain appropriate professional indemnity insurance cover of an amount not less than £5,000,000 per incident or such higher amount as the Authority may reasonably require during the Contract Period and shall ensure that all Contractor’s Personnel involved in the supply of the Services do the same. Such insurance shall be maintained for a minimum of six (6) years following the expiration or earlier termination of the Contract, unless the Contract has been entered into by way of a deed in which event the period shall be twelve (12) years.

  • Indemnification; Directors’ and Officers’ Liability Insurance Executive shall, after the Termination Date, retain all rights to indemnification under applicable law or under the Company's Certificate of Incorporation or By-Laws, as they may be amended or restated from time to time. In addition, the Company shall maintain Director's and Officer's liability insurance on behalf of Executive, at the level in effect immediately prior to the Termination Date, for the three year period following the Termination Date, and throughout the period of any applicable statute of limitations.

  • PROFESSIONAL LIABILITY AND CYBER LIABILITY INSURANCE COVERAGE In addition to the insurance required in Attachment C to this Contract, before commencing work on this Contract and throughout the term of this Contract, Contractor agrees to procure and maintain (a) Technology Professional Liability insurance for any and all services performed under this Contract, with minimum third party coverage of $1,000,000.00 per claim, $2,000,000.00 aggregate. To the extent Contractor has access to, processes, handles, collects, transmits, stores or otherwise deals with State Data, Contractor shall maintain first party Breach Notification Coverage of not less than $1,000,000.00. Before commencing work on this Contract the Contractor must provide certificates of insurance to show that the foregoing minimum coverages are in effect. With respect to the first party Breach Notification Coverage, Contractor shall name the State of Vermont and its officers and employees as additional insureds for liability arising out of this Contract.

  • Professional Liability (Errors and Omissions) For consultant contracts, insurance appropriate to Consultant’s profession, with limit no less than $1,000,000 per occurrence or claim, $2,000,000 aggregate.

  • Professional Liability Insurance Professional liability insurance covering any damages caused by an error, omission or any negligent act with minimum limits as follows: i. $1,000,000 each occurrence; and ii. $1,000,000 general aggregate.

  • Subcontractor Insurance In accord with Good Utility Practice, each Interconnected Entity shall require each of its subcontractors to maintain and provide evidence of insurance coverage of types, and in amounts, commensurate with the risks associated with the services provided by the subcontractor. Bonding of contractors or subcontractors shall be at the hiring Interconnected Entity’s discretion, but regardless of bonding, the hiring principal shall be responsible for the performance or non- performance of any contractor or subcontractor it hires.

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