Common use of Insurance and Waiver of Liability Clause in Contracts

Insurance and Waiver of Liability. The Licensee shall bear the cost, throughout the term of the License, for a comprehensive general liability insurance covering injury to or death of any person(s) while working in DMRC premises, including death or injury caused by the sole negligence of the Licensee or the Licensee’s failure to perform its obligations under the agreement. Upon DMRC's request, the Licensee shall submit to DMRC, suitable evidence that the foregoing policy or policies are in effect. In the event of the default i.e. avoiding the insurance cover, the Licensee agrees and undertakes to indemnify and hold the licensor harmless against any and all liabilities. Losses, damages, claims, expenses suffered by the licensor as a result of such default by the Licensor.

Appears in 6 contracts

Samples: License Agreement, License Agreement, License Agreement

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Insurance and Waiver of Liability. The Licensee shall bear the cost, throughout the term of the License, for a comprehensive general liability insurance covering injury to or death of any person(s) while working in DMRC premises, including death or injury caused by the sole negligence of the Licensee or the Licensee’s failure to perform its obligations under the agreement. Upon DMRC's request, the Licensee shall submit to DMRC, suitable evidence that the foregoing policy or policies are in effect. In the event of the default i.e. avoiding the insurance cover, the Licensee agrees and undertakes to indemnify and hold the licensor harmless against any and all liabilities. Losses, losses, damages, claims, expenses suffered by the licensor as a result of such default by the LicensorLicensee.

Appears in 4 contracts

Samples: License Agreement, License Agreement, License Agreement

Insurance and Waiver of Liability. The Licensee shall bear the cost, throughout the term of the Licenselicense, for a comprehensive general liability insurance covering injury to or death of any person(s) while working in DMRC premisespremises of the Licensor, including death or injury caused by the sole negligence of the Licensee or the Licensee’s failure to perform its obligations under the agreement. Upon DMRCthe Licensor's request, the Licensee shall submit to DMRCthe Licensor, suitable evidence that the foregoing policy or policies are in effect. In the event of the default i.e. avoiding the insurance cover, the Licensee agrees and undertakes to indemnify and hold the licensor Licensor harmless against any and all liabilities. Losses, damages, claims, expenses suffered by the licensor Licensor as a result of such default by the Licensor.

Appears in 4 contracts

Samples: License Agreement, License Agreement, License Agreement

Insurance and Waiver of Liability. The Licensee shall bear the cost, throughout the term of the License, for a comprehensive general liability insurance covering injury to or death of any person(s) while working in DMRC premises, including death or injury caused by the sole negligence of the Licensee or the Licensee’s Licensee‘s failure to perform its obligations under the agreement. Upon DMRC's request, the Licensee shall submit to DMRC, suitable evidence that the foregoing policy or policies are in effect. In the event of the default i.e. avoiding the insurance cover, the Licensee agrees and undertakes to indemnify and hold the licensor harmless against any and all liabilities. Lossesliabilities ,losses, damages, claims, expenses suffered by the licensor as a result of such default by the LicensorLicensee.

Appears in 1 contract

Samples: License Agreement

Insurance and Waiver of Liability. The Licensee shall bear the cost, throughout the term of the License, for a comprehensive general liability insurance covering injury to or death of any person(s) while working in DMRC premises, including death or injury caused by the sole negligence of the Licensee or the Licensee’s Licensee‘s failure to perform its obligations under the agreement. Upon DMRC's request, the Licensee shall submit to DMRC, suitable evidence that the foregoing policy or policies are in effect. In the event of the default i.e. avoiding the insurance cover, the Licensee agrees and undertakes to indemnify and hold the licensor harmless against any and all liabilities. Losses, losses, damages, claims, expenses suffered by the licensor as a result of such default by the LicensorLicensee.

Appears in 1 contract

Samples: Contract for Licensing of Pre Identified Bare Space/S to Operate a Retail Banking Outlet/S by Placement of 64 Atms

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Insurance and Waiver of Liability. The Licensee shall bear the cost, throughout the term of the License, for a comprehensive general liability insurance covering injury to or death of any person(s) while working in DMRC premises, including death or injury caused by the sole negligence of the Licensee or the Licensee’s Licensee‟s failure to perform its obligations under the agreement. Upon DMRC's request, the Licensee shall submit to DMRC, suitable evidence that the foregoing policy or policies are in effect. In the event of the default i.e. avoiding the insurance cover, the Licensee agrees and undertakes to indemnify and hold the licensor harmless against any and all liabilities. Losses, losses, damages, claims, expenses suffered by the licensor as a result of such default by the LicensorLicensee.

Appears in 1 contract

Samples: License Agreement

Insurance and Waiver of Liability. The Licensee shall bear the cost, throughout the term of the License, for a comprehensive general liability insurance covering injury to or death of any person(s) while working in DMRC premises, including death or injury caused by the sole negligence of the Licensee or the Licensee’s Licensee‘s failure to perform its obligations under the agreement. Upon DMRC's request, the Licensee shall submit to DMRC, suitable evidence that the foregoing policy or policies are in effect. In the event of the default i.e. avoiding the insurance cover, the Licensee agrees and undertakes to indemnify and hold the licensor harmless against any and all liabilities. Losses, losses, damages, claims, expenses suffered by the licensor as a result of such default by the Licensor.

Appears in 1 contract

Samples: License Agreement

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