Insurance Cover. Without prejudice to the provisions contained in Clause 26.1, the Concessionaire shall, during the Operation Period, procure and maintain Insurance Cover including but not limited to the following:
(a) Loss, damage or destruction of the Project Assets, including assets handed over by the Authority to the Concessionaire, at replacement value;
(b) Comprehensive third party liability insurance including injury to or death of personnel of the Authority or others caused by the Project;
(c) The Concessionaire’s general liability arising out of the Concession;
(d) Liability to third parties for goods or property damage;
(e) Workmen’s compensation insurance; and
(f) any other insurance that may be necessary to protect the Concessionaire and its employees, including all Force Majeure Events that are insurable at commercially reasonable premiums and not otherwise covered in items(a) to (e) above.
Insurance Cover. Farms should have adequate insurance of at least $10 million, or as specified by the Milk Buyer, which covers any potential income loss, contamination or damage. The Milk Department is unable to provide insurance services; however, we will assist famers by way of a letter with any incidents that may eventuate.
Insurance Cover. The Concessionaire shall, at its cost and expense, purchase and maintain effective from the Compliance Date and during the Term such insurance policies for such maximum sums as are necessary and customary under Financing Documents and Applicable Laws, and/or in accordance with Good Industry Practice (or may in the future become available) on commercially reasonable terms and reasonably required to be maintained consistent with projects and facilities of the size and type of the Project, including but not limited to the following:
(a.) Builders’/Contractors’ all risk insurance;
(b.) Erection insurance and/or break down insurance;
(c.) Public liability insurance applicable for the Term, Closure and Post Closure Period;
(d.) Statutory insurances such as workmen’s compensation insurance or any other insurance required by the Applicable Laws;
(e.) Comprehensive Third Party liability insurance including injury or death to Persons who may enter the Site;
(f.) Insurance policies related to any of the Concessionaire’s obligations hereunder;
(g.) Any other insurance that may be considered necessary by the Authority / GoK/ Lenders of the Concessionaire, if any, to protect the Concessionaire, its employees and its assets (against loss, damage or destruction at replacement value) or otherwise, including all Force Majeure Events that are insurable and not otherwise covered in items (a) to (f).
Insurance Cover. The Employer shall insure the Employee against any liability for any case of injury and death arising out of and in the course of employment.
Insurance Cover. 27.1 The Company shall conclude appropriate insurance to cover themselves fully against the possible contingencies arising from the Articles of this Agreement.
Insurance Cover. 27.1 The Company shall conclude appropriate insurance to cover themselves fully against the possible contingencies arising from the Articles of this Agreement. Further, the Company shall ensure that a financial security system be provided on board to protect the crew against abandonment and to guarantee resolution of claims arising from 2014 amendments to MLC, 2006. The details of the applicable financial security system shall be posted in a conspicuous place on board where it is available to the seafarers.
Insurance Cover. The Concessionaire shall maintain or cause to be maintained, at its own expense, insurance policies as are customarily and ordinarily available in India on commercially reasonable terms and reasonably required to be maintained, consistent with similar facilities of the size and type of the Project and as may be required by the Lenders.
Insurance Cover. Specify (policy number, start date, expiry date, cover limits for each protocol and patient, tail coverage, any excess that cannot be claimed against third injured party, exclusions)
Insurance Cover. 16.1. The Policyholder will not, except as expressly provided in this Agreement or unless otherwise authorised by or on behalf of the Investor, have any authority to act on behalf of, or in respect of, the Investor or to act as the agent of the Investor.
16.2. The Policyholder has taken out a group insurance policy with the Insurer as set out in the Brochure and Schedule 5 of this Agreement.
16.3. The Policyholder will use reasonable commercial endeavours to:
(a) procure that cover under the Insurance Policy includes the Investor as set out in the Brochure and Schedule 5 of this Agreement, including without limitation, up to the amount of the Sum Insured;
(b) if applicable, make claims under the Insurance Policy subject to and in accordance with this Clause 16; and
(c) to the extent only that the Policyholder has received proceeds of a successful claim under the Insurance Policy from the Insurer in relation to the Investor, pay such proceeds to the Investor’s Beneficiaries.
16.4. The Insurance Policy has been taken out in the Policyholder’s name with the benefit relating to the Investor of cover under the Insurance Policy being assigned to the Policyholder under the terms of the Settlement.
16.5. Provided that the Investor meets the Eligibility Criteria, cover under the Insurance Policy will commence on the date on which Shares are acquired for the Investor’s Portfolio. For the avoidance of doubt, where an Investor dies after sending a completed, signed and dated Application Form but prior to the date on which Shares are acquired for the Investor’s Portfolio, the Investor will not be covered under the Insurance Policy.
16.6. Where a joint application is made, both joint Investors must meet the Eligibility Criteria. Cover is provided on a joint life second death basis, so that a claim will only be paid following the death of both of the joint Investors.
16.7. The Sum Insured under the Insurance Policy will be 40% of the Subscription Value up to £500,000 (i.e. a Maximum Sum Insured of £200,000) whether or not the investment is by one Investor or joint Investors, less any subsequent Redemptions or Withdrawals (save in respect of any Withdrawal to pay any ongoing adviser or Manager charges with respect to the Subscription) and subject to the Insurance Policy terms and conditions. The maximum Sum Insured of £200,000 applies in aggregate across all of the Investor's Subscriptions in relation to IEP Apex.
16.8. Only the Policyholder will be able to claim under th...
Insurance Cover. 21.2.1 Without prejudice to the provisions contained in Article21.1, the Concessionaire shall, during the Operations Period, procure and maintain Insurance Cover including but not limited to the following:
a) Loss, damage or destruction of the Project Assets, including assets handed over by the Authority to the Concessionaire, at replacement value;
b) Comprehensive third-party liability insurance including injury to or death of personnel of the Authority or others caused by the Project;
c) The Concessionaire’s general liability arising out of the Concession;
d) Liability to third parties for goods or property damage;
e) Workmen’s compensation insurance;
f) Such insurances as may be necessary for mitigating the risks that may devolve on the Authority as a consequence of any act or omission of the Concessionaire during the Construction Period; and
g) Any other insurance that may be necessary to protect the Concessionaire and its employees, including all Force Majeure Events that are insurable at commercially reasonable premiums and not otherwise covered in items (a) to (f) above.
