Insurance Indemnity Subrogation Sample Clauses

Insurance Indemnity Subrogation. LEDC agrees to maintain in full force and effect throughout the term of this agreement the following insurance coverages: • Commercial General Liability insurance with limits of one million ($1,000,000) dollars per occurrence and two million ($2,000,000) dollars annual aggregate combined for personal injury and property damage; • Automobile Liability insurance with limits of one million ($1,000,000) dollars per occurrence combined for personal injury and property damage; • Workers Compensation insurance with Statutory Benefits and Employers Liability limits of one mi l l i o n ($1,000,000) dollars per incident; • Umbrella coverage of five million ($5,000,000) dollars for all of the above coverages. Such insurance coverage shall be furnished by a commercial insurer licensed to do business in Michigan and acceptable to County. Such insurance policies shall name County as an additional insured and shall be written on a primary, non-contributory basis. LEDC shall provide County with at least thirty (30) days advance written notice of any threatened or actual cancellation or termination of any of these insurance policies. Upon execution of this agreement, LEDC shall provide County with evidence that LEDC has all of the coverages stated above. LEDC agrees to indemnify, defend, and hold Lenawee County harmless against, and from any and all liabilities, obligations, damages, penalties, claims, costs, charges, losses and expenses which may be imposed and incurred by, or asserted against Lenawee County by reason of: a.) Any negligent or tortuous acts, error or omission of LEDC or any of its associates, employees and/or agents; and/or b.) Any failure by LEDC or any of its associates, employees and/or agents to perform its/their implied and/or express obligations under this Agreement. Lenawee County shall promptly notify LEDC of any claim, cause of action, demand, fine, liability, loss, judgment, cost or expense for which Lenawee County claims entitlement to be held harmless, indemnified or defended pursuant to this paragraph. LEDC and Lenawee County waive any right of recovery of insured claims by anyone claiming through them, by way of subrogation or otherwise, including their respective insurers. This waiver remains effective despite either party’s failure to obtain insurance in accord with this Contract. If either party fails to obtain insurance, it bears the full risk of its own loss.
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Insurance Indemnity Subrogation 
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Related to Insurance Indemnity Subrogation

  • Insurance Indemnification 7.1 The Independent Contractor shall maintain a policy or policies of liability insurance with coverages (including, but not limited to, professional liability coverage) that is/are sufficient to protect NCISD and the Independent Contractor against any claims, demands, causes of action, or damages arising out of the Independent Contractor’s performance of services under this Agreement. The limits of liability of such policy(ies) shall be in an amount acceptable to NCISD. Such policy(ies) (i) shall be written by companies authorized to issue such insurance policy(ies) in the State of Texas, (ii) shall and must name NCISD as an additional insured, and (iii) shall contain no specific limitations on the coverage afforded additional insureds. 7.2 THE INDEPENDENT CONTRACTOR SHALL INDEMNIFY, HOLD HARMLESS, SAVE, AND DEFEND NCISD AND NCISD’S OFFICERS AND EMPLOYEES FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, CAUSES OF ACTION, AND DAMAGES, INCLUDING BUT NOT LIMITED TO REASONABLE ATTORNEYS’ FEES AND EXPENSES, ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT, THE PROVISION OF SERVICES BY THE INDEPENDENT CONTRACTOR, OR ANY NEGLIGENT OR INTENTIONAL ACTS OR OMISSIONS OF THE INDEPENDENT CONTRACTOR.

  • Insurance and Indemnity (a) The Hirer shall be liable for: (i) the cost of repair of any damage (including accidental and malicious damage) done to any part of the premises including the curtilage thereof or the contents of the premises (ii) the cost of any special cleaning after an event to return the hall to its normal condition§ deemed appropriate by the WVHRGT (iii) all claims, losses, damages and costs made against or incurred by the WVHRGT, their employees, volunteers, agents or invitees in respect of damage or loss of property or injury to persons arising as a result of the use of the premises (including the storage of equipment) by the Hirer, and (iv) all claims, losses, damages and costs made against or incurred by WVHRGT, their employees, volunteers, agents or invitees as a result of any nuisance caused to a third party as a result of the use of the premises by the Hirer, and subject to sub-clause (b), the Hirer shall indemnify and keep indemnified accordingly each member of the WVHRGT and their employees, volunteers, agents and invitees against such liabilities. (b) WVHRGT has taken out adequate insurance to insure the liabilities described in sub- clauses (a)(i) above and may, in its discretion and in the case of non commercial hirers, insure the liabilities described in sub-clauses (a) (ii) and (iii) above. WVHRGT shall claim on its insurance for any liability of the Hirer hereunder but the Hirer shall indemnify and keep indemnified each member of the WVHRGT and its employees, volunteers, agents and invitees against (a) any insurance excess incurred and (b) the difference between the amount of the liability and the monies received under the insurance policy. (c) Where the WVHRGT does not insure the liabilities described in sub-clauses (a)(ii) and (iii) above, the Hirer shall take out adequate insurance to insure such liability and on demand shall produce the policy and current receipt or other evidence of cover to the WVHRGT. Failure to produce such policy and evidence of cover will render the hiring void and enable the hall secretary to rehire the premises to another Hirer. WVHRGT is insured against any claims arising out of its own negligence.

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