Insurance General. Liability Insurance shall be maintained by the Contractor to protect the Contractor, its employees, and officers, and, XXXX, its governing board, its officers and its employees, from any claims for damages, personal injury, or malpractice suits. Contractor shall name XXXX as an Additional Insured and furnish XXXX a Certificate of Insurance and CG- 2010 endorsement or equivalent prior to the commencement of services. General Liability Insurance shall have a combined single limit of One Million Dollars ($1,000,000.) Umbrella, Workers’ Compensation and Auto Insurance shall also be maintained and each line of coverage shall have a limit of One Million Dollars ($1,000,000).
Insurance General. All policies of insurance to be provided or obtained by Tenant under this Lease Agreement shall (i) name Landlord and mortgagees of Landlord as additional insureds, and (ii) provide for notice to Landlord at least thirty (30) days before any cancellation or termination of said insurance. Tenant shall, upon request of Landlord, furnish Landlord with certificates of insurance evidencing Tenant’s compliance with the provisions of this Section.
Insurance General the Supplier will, from the time of the Supplier’s knowledge thereof, endeavor to procure within 60 days insurance from an alternative insurer who does meet or exceed such rating and to provide updated certificates of insurance to VITA.
Insurance General. 51.1.1 If an employee is required to perform work that would invalidate their personal insurance policy/ies, the employee will, prior to performing such work, notify the ABC of the details of such policy/ies. The ABC will either give the employee indemnity against this invalidation or give the employee notice that the indemnity will not be given, in which case the employee may decline to perform the work.
Insurance General. If at any time, whether due to changes in aviation insurance market practices or otherwise, Lessor determines that Lessor's approval of any insurer or insurance should be revoked in the interests of the Additional Insureds, Lessor agrees to consult with Lessee and Lessee's insurance brokers regarding revocation of such approval. If, following such consultation, Lessor determines that revocation is required, Lessee will promptly arrange or procure the arrangement of alternative cover satisfactory to Lessor. Lessee shall, on request, provide Lessor with satisfactory evidence that the premiums in respect of the insurance required hereby have been paid. Lessee shall not make, or permit to be made, any modification to or alteration of the insurance required hereby materially adverse to the interests of any of the Additional Insureds or Indemnitees. Lessee shall be responsible for any deductible in respect of the insurances required hereby. Lessee shall provide any other insurance-related information or assistance in respect of the insurances required hereby, as Lessor may reasonably request. Lessee shall at its own expense maintain insurance in accordance with the same limits applicable pursuant to Article 10(a) hereof following the expiration or sooner cancellation or termination of the Term in respect of Lessee's indemnity and hold harmless obligations set forth in Article 8(a) hereof, for such period as Lessor may reasonably require (but in any event not more than two (2) years) naming each Indemnitee (as defined in Article 8) as an additional insured. Lessee's obligation under the preceding sentence shall not be affected by Lessee ceasing to be the lessee of the Aircraft or by any of the Indemnitees (as defined in Article 8) ceasing to have an interest in respect of the Aircraft.
Insurance General. Exception The Mortgage Loan documents permit the Mortgagor to cause the insurance required at the Mortgaged Property under the Mortgage Loan documents to be maintained by a tenant at the Mortgaged Property.
Insurance General. The requirements of this Article XII apply to both the Preconstruction Phase and Construction Phase of the Project and are in addition to and supplement the insurance requirements set forth in Clause G1 of the General Terms & Conditions (Part V of the Contract). By requiring such minimum insurance, Princeton University shall not be deemed or construed to have assessed the risk that may be applicable to the Design Builder, Subcontractors, Design Professional and/or any Design Professional Subconsultants for this Project or under this Contract. The Design Builder, Subcontractors, Design Professional and/or any Design Professional Subconsultants shall assess their own risks and if deemed to be appropriate and/or prudent, should maintain higher limits and/or broader coverage than that stipulated in this Article XII and/or Clause G1 of the General Terms & Conditions. The Design Builder, Subcontractors, Design Professional and/or any Design Professional Subconsultants are not relieved of any liability or other obligations assumed or pursuant to the Contract by reason of the specification of and requirement to obtain and maintain certain minimum coverages in certain minimum limits in this Contract, and/or any failure to obtain or maintain insurance in higher limits and/or with broader coverage in sufficient amounts, duration, or types.
(1) Acceptance and/or approval by Princeton University of the insurances identified in this Contract shall not be construed to relieve Design Builder, Subcontractors, Design Professional and/or any Design Professional Subconsultants from any obligations, responsibilities or liabilities under the Contract. Princeton University, by requiring the Design Builder, Subcontractors, Design Professional and/or any Design Professional Subconsultants to purchase insurance, shall not be deemed to have waived Princeton University’s right to bring any action, to the fullest extent permitted by law, for any loss which may be covered, completely or in part, by that insurance. Nor shall the fact that insurance is obtained for certain risk be deemed to release, relieve or diminish the liability of the Design Builder, Subcontractors, Design Professional and/or any Design Professional Subconsultants. The damages recoverable by Princeton University in any Claim (as defined in Clause J3 of the General Terms & Conditions) and/or other claim or action shall not be limited by the amount of coverage specified in any insurance policy or policies but shall be...
Insurance General. Subject to Section 23, below, the Charterer shall, at its own cost and expense, keep the Vessel insured against hull and machinery risks, protection and indemnity risks, pollution risks and War Risks, in the forms and in the amounts (including deductibles) and with underwriters, companies or clubs, as are reasonably acceptable to the Owner and the Head Owner during the Charter Term or, where applicable, in such minimum amounts (including deductibles) as specified in this Charter. The Vessel’s hull and machinery insurance will be in an amount not less than the greater of (x) the full commercial value of the Vessel and (y) the Loss Value (as set forth in Exhibit A-1 hereto) then in effect. The Charterer shall also keep the Vessel entered into a Protection and Indemnity Club (“P&I Club”) that is a member of the International Association of Protection and Indemnity Clubs under standard P&I Club rules. Pollution liability coverage shall be not less than United States Dollars One Billion (US$1,000,000,000). The Owner and the Head Owner shall also each be a co-assured of the P&I Club in respect of the Vessel, and the Charterer agrees to pay or reimburse the Owner and the Head Owner, respectively, the costs of such entry, including any premium, club calls or assessments in connection therewith. In addition, the Charterer shall reimburse the Owner for the placing of innocent owner’s insurance, in form and in amount (including deductibles) and with underwriters, companies or clubs, as are reasonably acceptable to the Owner and/or the Head Owner (for the avoidance of doubt, such innocent owner’s insurance to name both the Owner and the Head Owner) during the Charter Term. If the Owner or the Head Owner places innocent owner’s insurance in accordance with the foregoing, the Charterer agrees to pay or reimburse the Owner or the Head Owner, as applicable, the costs thereof, upon receipt of a demand therefor accompanied by copies of the relevant invoices or other similar evidence of such costs.
Insurance General. During the Term, Borrowers shall at all times keep the Facilities, and all property located in or on such Facilities, including but not limited to all Personal Property owned by Borrowers and located on or used in connection with such Facilities, insured with the kinds and amounts of insurance described below. This insurance shall be written by companies authorized to do insurance business in the State of Ohio. All such policies provided and maintained during the Term shall be written by companies acceptable to Lender. Losses shall be payable to Lender and Borrowers as hereinafter provided in this Agreement. Each of said policies and renewals thereof shall be held by, and pledged to, Lender, (unless Lender shall direct or permit otherwise) as additional security hereunder, and shall provide that all loss or losses under such policies shall be payable to Lender and Borrowers, or their successors or assigns, as their interests may appear. The policies on each Facility, including all improvements, fixtures and personal property located thereon, shall insure against the following risks:
(i) Loss or damage by fire, vandalism and malicious mischief, earthquake, extended coverage perils commonly known as “Special Risk,” and all physical loss perils normally included in such Special Risk insurance, including but not limited to sprinkler leakage, in an amount not less than the then full replacement cost thereof (as defined below in Section 6.22.2(b)), and including a replacement cost endorsement;
(ii) Loss or damage by explosion of steam boilers, pressure vessels or similar apparatus, now or hereafter installed in any Facility;
(iii) Loss of income under a business interruption insurance policy covering risk of loss during reconstruction necessitated by the occurrence of any of the hazards described in subparagraphs (i) or (ii) (but in no event for a period of less than twelve (12) months), in an amount sufficient to prevent Lender and Borrowers from becoming a co-insurer;
(iv) Claims for personal injury or property damage under a policy of commercial general liability insurance with a combined single limit per occurrence in respect of bodily injury and death and property damage of One Million Dollars ($1,000,000.00), and an aggregate limitation of Seven Million Dollars ($7,000,000), which insurance shall include contractual liability insurance;
(v) Claims arising out of professional malpractice in an amount not less than One Million Dollars ($1,000,000.00) for eac...
Insurance General. The Licensee shall obtain and maintain, at its own expense, the insurance set out below until all conditions of the agreement have been fully complied with.
7.1 Comprehensive General Liability insurance in the amount of not less than $2,000,000 affording coverage for public liability and/or death and/or damage to property. NOTE: The insurer shall acknowledge this agreement as an insured contract under the policy and shall have added as additional named insureds, the Indemnified Parties.
7.2 The Licensee shall file with the GVRD, prior to the commencement of the agreement, a certificate of insurance covering the Comprehensive General Liability policy. The Licensee shall also file with the GVRD evidence of the renewal of each policy at least fifteen (15) days prior to the expiry date of the policy.
7.3 Each policy required shall be endorsed as follows: It is hereby understood and agreed that this policy will not be cancelled, reduced, materially altered or amended without the insurer giving at least thirty (30) days prior written notice by registered mail to the GVRD and all Insureds”.
7.4 The Licensee shall provide, at their own cost, any additional insurance which they are required by law to provide or which they consider necessary, such as but not in any way restricted to commercial property, burglary and theft and money and currency risks. The GVRD will not be responsible for any losses to the Licensee’s equipment, tools, inventory and other chattels while situated in the Park.
