Common use of Insurance during Contract Period Clause in Contracts

Insurance during Contract Period. The Supplier shall effect and maintain at its own cost, such insurances for such maximum sums as may be necessary or prudent in accordance with Good Industry Practice. The Supplier shall also effect and maintain such insurances as may be necessary for mitigating the risks that may devolve on the Aggregator as a consequence of any act or omission of the Supplier during the Contract Period.

Insurance during Contract Period. The Supplier shall effect and maintain at its own cost, such insurances for such maximum sums as may be necessary or prudent in accordance with Good Industry Practice. The Supplier shall also effect and maintain such insurances as may be necessary for mitigating the risks that may devolve on the Aggregator Utility as a consequence of any act or omission of the Supplier during the Contract Period.