Insurance and waiver. 9.2.1 The Parties shall subscribe the insurance policies required in order to ensure the due performance of this LTL. The Parties shall subscribe in particular but not limited to the insurance policies listed hereafter and shall submit evidence of the existence of such insurance policies to the other Party upon request: (i) A worker’s compensation and employers’ liability insurance policy in conformity with the Belgian law against accidents at work and on the way to work for its personnel. This policy shall contain a clause stipulating that the insurer waives its claim rights against Terminal Operator. If the Client is established abroad, the Client shall prove that his personnel is covered in a similar way by the applicable system of social security. (ii) A third party liability insurance for the minimum amount as set out in respectively GC 9.1.4 and 9.1.5. This amount can however not be considered as a limitation of the liability of the Parties towards third parties. (iii) An automobile liability insurance policy covering the Trailer according to the applicable legal obligations. 9.2.2 Each Party shall attempt that all and any insurances, effected by or on behalf of a Party, shall provide that the underwriters waive their rights of subrogation against the other Party with the effect that the insurers of a Party may not make a claim against the other Party which the insured Party would have been entitled to make.
Appears in 7 contracts
Samples: LNG Agreement for LNG Truck Loading, LNG Agreement for LNG Truck Loading, LNG Agreement for LNG Truck Loading
