Common use of INSURANCE AND PROOF OF FINANCIAL RESPONSIBILITY Clause in Contracts

INSURANCE AND PROOF OF FINANCIAL RESPONSIBILITY. Service Provider understands and agrees that financial responsibility for claims or damages to any person, including, but not limited to, Service Provider’s employees and agents, shall rest with Service Provider. Service Provider and its subcontractors shall effect and maintain any insurance coverage, including, at a minimum, Workers’ Compensation, Employers’ Liability, Commercial General Liability, Automobile Liability and Umbrella Liability to support such financial obligations. The indemnification obligation, however, shall not be reduced in any way by the existence or non-existence, limitation, amount or type of damages, compensation, or benefits payable under Workers’ Compensation laws or other insurance provisions. The minimum insurance coverage required of the Service Provider by MPS shall be: Workers’ Compensation Statutory Limits Employers’ Liability $100,000 per occurrence/$500,000 aggregate* Commercial General Liability $1,000,000 per occurrence/$2,000,000 aggregate* Automobile Liability $1,000,000 per occurrence* Umbrella (excess) Liability $1,000,000 per occurrence *Or such higher limits sufficient for these insurance policies to be scheduled under the Umbrella (excess) Liability policy.

Appears in 2 contracts

Samples: Contract for Internet Access Service and Connectivity, Telecommunications

AutoNDA by SimpleDocs

INSURANCE AND PROOF OF FINANCIAL RESPONSIBILITY. Service Provider understands and agrees that financial responsibility for claims or damages to any person, including, but not limited to, Service Provider’s employees and agents, shall rest with Service Provider. Service Provider and its subcontractors shall effect and maintain any insurance coverage, including, at a minimum, Workers’ Compensation, Employers’ Liability, Commercial General Liability, Automobile Liability and Umbrella Liability to support such financial obligations. The indemnification obligation, however, shall not be reduced in any way by the existence or non-existence, limitation, amount or type of damages, compensation, or benefits payable under Workers’ Compensation laws or other insurance provisions. The minimum insurance coverage required of the Service Provider by MPS shall be: Workers’ Compensation Statutory Limits Employers’ Liability $100,000 per occurrence/$500,000 aggregate* Commercial General Liability $1,000,000 per occurrence/$2,000,000 aggregate* Automobile Liability $1,000,000 per occurrence* occurrence Umbrella (excess) Liability $1,000,000 per occurrence *Or such higher limits sufficient for these insurance policies to be scheduled under the Umbrella (excess) Liability policy.

Appears in 1 contract

Samples: Professional Services

INSURANCE AND PROOF OF FINANCIAL RESPONSIBILITY. Service Provider understands and agrees that financial responsibility for claims or damages to any person, including, but not limited to, Service Provider’s employees and agents, shall rest with Service Provider. Service Provider and its subcontractors shall effect and maintain any insurance coverage, including, at a minimumbut not limited to, Workers’ Compensation, Employers’ Liability, Commercial General Liability, Contractual Liability, Professional Liability, Automobile Liability and Umbrella Liability to support such financial obligations. The indemnification obligation, however, shall not be reduced in any way by the existence or non-existence, limitation, amount or type of damages, compensation, or benefits payable under Workers’ Compensation laws or other insurance provisions. The minimum insurance coverage required of the Service Provider by MPS shall be: Workers’ Compensation Statutory Limits Employers’ Liability $100,000 per occurrence/$500,000 aggregate* Commercial General Liability $1,000,000 per occurrence/$2,000,000 aggregate* Automobile Auto Liability $1,000,000 per occurrence* Umbrella (excess) Liability $1,000,000 per occurrence *Or such higher limits sufficient for these insurance policies to be scheduled under the Umbrella (excess) Liability policy.

Appears in 1 contract

Samples: Telecommunications

AutoNDA by SimpleDocs

INSURANCE AND PROOF OF FINANCIAL RESPONSIBILITY. Service Provider understands and agrees that financial responsibility for claims or damages to any person, including, but not limited to, Service Provider’s employees and agents, shall rest with Service Provider. Service Provider and its subcontractors shall effect and maintain any insurance coverage, including, at a minimum, Workers’ Compensation, Employers’ Liability, Commercial General Liability, Automobile Liability and Umbrella Liability to support such financial obligations. The indemnification obligation, however, shall not be reduced in any way by the existence or non-existence, limitation, amount or type of damages, compensation, or benefits payable under Workers’ Compensation laws or other insurance provisions. The minimum insurance coverage required of the Service Provider by MPS shall be: Workers’ Compensation Statutory Limits Employers’ Liability $100,000 per occurrence/$500,000 occurrence/$500,00 aggregate* Commercial General Liability $1,000,000 per occurrence/$2,000,000 aggregate* Automobile Liability $1,000,000 per occurrence* Umbrella (excess) Liability $1,000,000 per occurrence *Or such higher limits sufficient for these insurance policies to be scheduled under the Umbrella (excess) Liability policy.

Appears in 1 contract

Samples: Contract for Leased Metro Ethernet Services

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!