Insurance and AMC excess Sample Clauses

Insurance and AMC excess. The CLIENT shall be liable for all the AMC and insurance excess, i.e., in case of a damage to the Asset(s) {E-Cars, Charging Stations and all related accessories} and there being a difference between the cost incurred on repairs as against the claim amount received from the insurer and the CLIENT shall be bound to pay the differential amount without making ANERT/EESL responsible for the same.
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Related to Insurance and AMC excess

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

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