Insurance loss. Customer agrees to look exclusively to Customer’s insurer to recover for injury or damage in the event of any covered loss or injury, and releases and waives all right of recovery against Compute North for any covered loss or injury.
Insurance loss. Customer agrees to look exclusively to Customer’s insurer to recover for injury or damage in the event of any loss or injury, and releases and waives all right of recovery against APLD.
Insurance loss. (a) Lessee shall obtain prior to the Rental Start Date and maintain throughout the Rental Term (and any renewal or extension thereof), at its own expense, property damage and personal injury liability insurance and insurance against loss or damage to the Equipment including, without limitation, loss by fire (including so-called extended coverage), theft and such other risks of loss as are customarily insured against on the types of Equipment leased hereunder and by the types of business in which the Equipment will be used by Lessee, in such amounts, in such form and with such insurers as shall be satisfactory to Lessor, provided however, that the amount of insurance against loss or damage to the Equipment shall not be less than the greater of the replacement value of the Equipment, the original Equipment cost to Lessor, and the applicable Stipulated Loss Value (if any) for this Lease. Each insurance policy will name Lessee as an insured and Lessor as an additional insured or loss payee thereof, and shall contain a clause requiring the insurer to give Lessor at least 30 days prior written notice of any alterations in the terms of such policy or of the cancellation thereof. Lessee shall furnish to Lessor a certificate of insurance or other evidence satisfactory to Lessor that such insurance coverage is in effect; provided, however, that Lessor shall be under no duty either to ascertain the existence of or to examine such insurance policy or to advise Lessee in the event such insurance coverage shall not comply with the requirements hereof. Lessee further agrees to give Lessor prompt notice of any damage to, or loss of, the Equipment or Software, or any part thereof.
(b) If any Equipment or Software are lost, stolen, destroyed or damaged beyond repair for any reason, or in the event of condemnation, confiscation, seizure or requisition of title to or use of such items, Lessee shall promptly pay to Lessor the amounts specified in Section 12(a)(ii) for that Equipment and Software and either the applicable pro rata portion of the Stipulated Loss Value (if any) or, in the absence of such Stipulated Loss Value, the amounts specified in Sections 12(a)(iv)(A) and (B) for that Equipment and Software, less the net amount of the recovery, if any, received by Lessor from insurance or otherwise for such loss or damage. Upon payment by Lessee as aforesaid, Lessor will transfer to Lessee, without recourse or warranty, all of Lessor's right, title and interest, if any, in t...
Insurance loss. 22.1 Licensee shall maintain, at its sole expense, the following insurance coverage, with a financially sound insurance company having an A.M. Best Rating of A-(VI) or better, throughout the term of this Agreement and for a period of three (3) years after its expiration or termination: (i) worker’s compensation, occupational disease, employer’s liability (with limits of not less than $1 million for bodily injury by accident for each accident, and $1 million for bodily injury by disease for each employee), disability benefit and other similar insurance required under laws of the state that apply to the activities to be performed by Licensee under this Agreement; (ii) commercial general liability insurance including products liability, blanket contractual liability, personal injury and advertising liability coverage with a combined single limit of $3 million per occurrence for bodily injury, including death and property damage; (iii) comprehensive automotive liability insurance for both owned and non-owned vehicles used by Licensee either on or away from premises with a combined single limit of $1 million per occurrence for bodily injury, including death and property damage; and (iv) umbrella excess liability insurance, with a combined single limit of $2 million per occurrence for bodily injury, including death and property damage.
22.2 Licensee shall ensure that OXFORD INDUSTRIES, INC., its subsidiaries, divisions (including XXXXX BAHAMA GROUP, INC.), joint ventures, directors, officers, employees, agents and assigns, shall be named as additional insureds with respect to the insurance described in clause (ii) through (iv) of Section 22.1. Licensee shall, within ten (10) days after execution of this Agreement, deliver to Licensor a certificate of such insurance from the insurance carriers, describing the scope of coverage and the limits of liability, naming the additional insureds required by this Section 22 and providing that the policy may not be canceled or amended without at least thirty (30) days prior written notice to Licensor.
22.3 Regardless of any limited liability associated with Section 24 of this Agreement, in the event of partial loss or destruction of any Licensed Products due to an unanticipated event such as, but not limited to, fire, water damage, vandalism, or transport mishap, Licensee must gain approval from Licensor, in writing, before any methods of salvage or destruction of the Licensed Products are used. Under no circumstances will L...
Insurance loss a. OWNER agrees to have his vessel insured by liability insurance and to be held responsible for damage caused by OWNERS vessel to other vessels in MARINA and to MARINA structures thereof. OWNER shall secure his vessel to cleats located on the floating docks only. OWNER assumes all risks for damage to vessel or MARINA if vessel is secured or tied to a piling. XXXXXX assumes no responsibility for the safety of any vessel docked at the MARINA and will not be liable for fire, theft, or damage to said vessel, its equipment or any property in or on said vessel, however arising. OWNER acknowledges that he has been advised that XXXXXX makes no representation or warranty offers OWNER or OWNERS vessel a safe berth, or that MARINA offers the safest available refuge. OWNER is fully responsible for all of the consequences of the vessel’s continuing presence in the MARINA as set forth in this Agreement. OWNER agrees to hold XXXXXX harmless in the event claims for damage to other persons or property arise from the presence of OWNERS vessel in MARINA.
Insurance loss. 19.1 Licensee shall maintain, at its sole expense, and shall ensure that any and all of its Sublicensee(s) maintain, at their sole expense, the following insurance coverage, with a financially sound insurance company having an [****], throughout the term of this Agreement [****]: (i) [****].
19.2 Licensee shall, within [****] after execution of this Agreement, deliver to Licensor a certificate of such insurance from the insurance carriers, describing the scope of coverage and the limits of liability required by this Section 19 and providing that the policy may not be canceled or amended without [****] prior written notice to Licensor.
19.3 Licensor shall maintain, at its sole expense, the following insurance coverage, with a financially sound insurance company having [****], throughout the Contract Term [****]: [****]. Confidential
19.4 Licensor shall, within [****] after execution of this Agreement, deliver to Licensee a certificate of such insurance from the insurance carriers, describing the scope of coverage and the limits of liability required by this Section 19 and providing that the policy may not be canceled or amended without at least [****] prior written notice to Licensee.
Insurance loss. Customer agrees to look exclusively to Customer's insurer to recover for injury or damage in the event of any loss or injury, and releases and waives all right of recovery against Trinity Mining Technologies .
Insurance loss. Licensee shall maintain, at its sole expense, the following insurance coverage, with a financially sound insurance company having an A.M. Best Rating of A-(VI) or better, throughout the term of this Agreement and for a period of three (3) years after its expiration or termination: (i) worker’s compensation, occupational disease, employer’s liability (with limits of not less than $1 million for bodily injury by accident for each accident, and $1 million for bodily injury by disease for each employee), disability benefit and other similar insurance required under laws of the state that apply to the activities to be performed by Licensee under this Agreement; (ii) commercial general liability insurance including products liability, blanket contractual liability, personal injury and advertising liability coverage with a combined single limit of $3 million per occurrence for bodily injury, including death and property damage; (iii) comprehensive automotive liability insurance for both owned and non-owned vehicles used by Licensee either on or away from premises with a combined single limit of $1 million per occurrence for bodily injury, including death and property damage; and (iv) umbrella excess liability insurance, with a combined single limit of $2 million per occurrence for bodily injury, including death and property damage.
Insurance loss. Insurance loss run for the prior three years related to the construction repairs identified on Schedule 5.1.7 hereto.
Insurance loss. Customer agrees to look exclusively to Cxxxxxxx’s insurer to recover for injury or damage in the event of any covered loss or injury, and releases and waives all right of recovery against Company for any covered loss or injury.