Insurance Obligation Sample Clauses

Insurance Obligation. During the Term of this Master Contract, Contractor shall possess and maintain in full force and effect, at Contractor’s sole expense, the following insurance coverages: Commercial General Liability Insurance. Commercial general liability insurance (and, if necessary, commercial umbrella liability insurance) covering bodily injury, property damage, products/completed operations, personal injury, and advertising injury liability on an ‘occurrence form’ that shall be no less comprehensive and no more restrictive than the coverage provided by Insurance Services Office (ISO) under the most recent version of form CG 00 01 in the amount of not less than $2,000,000 per occurrence and $4,000,000 general aggregate. This coverage shall include blanket contractual liability coverage. This coverage shall include a cross-liability clause or separation of insured condition.

Insurance Obligation. During the Term of this Master Contract, Contractor obtain and maintain in full force and effect, at Contractor’s sole expense, insurance coverage as detailed in Exhibit A of this document.

Insurance Obligation. During the term of this Cooperative Purchasing Agreement, Contractor shall possess and maintain in full force and effect, at Contractor’s sole expense, the following insurance coverages:

Insurance Obligation. THE OWNER DOES NOT PROVIDE ANY TYPE OF INSURANCE WHICH WOULD PROTECT THE OCCUPANT'S PERSONAL PROPERTY FROM LOSS BY FIRE, THEFT, OR ANY OTHER TYPE OF CASUALTY LOSS. IT IS THE

Insurance Obligation. During the Term of this Statewide Contract (“Contract”), Contractor shall possess and maintain in full force and effect, at Contractor’s sole expense, the following insurance coverages: a. COMMERCIAL GENERAL LIABILITY / MARINE GENERAL LIABILITY INSURANCE. Commercial general liability (“CGL”) or marine general liability (“MGL”) insurance (and, if necessary, commercial umbrella liability insurance) covering bodily injury, property damage, products/completed operations, personal injury, and advertising injury liability on an ‘occurrence form’ that shall be no less comprehensive and no more restrictive than the coverage provided by Insurance Services Office (ISO) under the most recent version of form CG 00 01 in the amount of not less than $2,000,000 per occurrence and $4,000,000 general aggregate. This coverage shall include blanket contractual liability coverage. This coverage shall include a cross-liability clause or separation of insured condition. MGL insurance shall have no exclusions for non-owned watercraft.

Insurance Obligation. The employer is obliged to take out insurance for employees coming under this agreement, which guarantees a payment in the event of permanent physical injury or death resulting from an accident involving the employee, with or without an employment contract.

Insurance Obligation. THE OWNER GENERALLY DOES NOT PROVIDE ANY TYPE OF INSURANCE WHICH WOULD PROTECT THE OCCUPANT'S PERSONAL PROPERTY FROM LOSS BY FIRE, THEFT, OR ANY OTHER TYPE OF CASUALTY LOSS. IT IS THE OCCUPANT'S RESPONSIBILITY TO OBTAIN SUCH INSURANCE. However, as a benefit of Occupant's Rental Agreement with Owner, Occupant shall be named as an additional insured under a policy of insurance issued in the name of the Owner for up to $2,000 of coverage on Occupant's stored goods (in the event of a covered loss) as an insurance benefit. Occupant will be provided with an Insurance Endorsement as part of its Agreement and a brochure from the Owner's insurance company that describes coverages and exclusions, provides instructions for how to file a claim, and contact information for the insurance company. This endorsement is only available to those tenants in eligible units and only applies to covered items. Occupant consents to business communication by Owner and Insurer via phone, text, e-mail and fax. The insurance benefit is consideration that the Owner receives for making this insurance benefit available. If Owner has given Occupant written permission to store property that Occupant values at over $2,000, then Occupant, at Occupant's sole expense, shall maintain an insurance policy of fire, extended coverage endorsement, burglary, vandalism and malicious mischief insurance (from a third party insurer) for the actual cash value of the stored property that exceeds the $2,000 value ("Excess Coverage"). Additionally, Occupant reserves the right to "OPT-OUT" of Owner's Insurance but must provide proof of insurance coverage for its stored property ("Primary Coverage"). Occupant's failure to have insurance for its stored property shall constitute a breach of this Agreement. Occupant expressly agrees that any insurance company providing Primary Coverage or Excess Coverage shall not be entitled to subrogate any claim of Occupant against Owner for any loss of or damage to Occupant's stored property. OCCUPANT OPT OUT:

Insurance Obligation. During the Term of this Master Contract, Contractor shall obtain and maintain in full force and effect, at Contractor’s sole expense, the following insurance coverages, with a maximum deductible of $10,000, unless otherwise indicated:

Insurance Obligation. TENANT UNDERSTANDS AND AGREES THAT, UNLESS TENANT PARTICIPATES IN THE LESSOR'S STORESAFE PREMIUM LEASE PROGRAM, ALL PROPERTY STORED WITHIN OR ON THE SPACE BY TENANT OR LOCATED AT THE FACILITY SHALL BE AT TENANTS SOLE RISK. UNLESS TENANT PARTICIPATES IN THE LESSOR'S STORESAFE PREMIUM LEASE PROGRAM, LESSOR SHALL HAVE NO LIABILITY OF ANY KIND FOR ANY LOSS WHATSOEVER THAT TENANT MAY HAVE OR CLAIM BY RENTING THE STORAGE SPACE OR BEING ON OR ABOUT THE FACILITY, AND, THEREFORE, TENANT MUST OBTAIN ANY INSURANCE DESIRED AT HIS/HER OWN EXPENSE. LESSOR IS REQUIRING THAT TENANT EITHER PARTICIPATE IN LESSOR'S STORESAFE PREMIUM LEASE PROGRAM OR THAT TENANT SECURE HIS/HER OWN INSURANCE TO PROTECT HIMSELF/HERSELF AND HIS/HER PROPERTY AGAINST ALL PERILS OF WHATSOEVER NATURE. EXCEPT AS IS EXPRESSLY STATED TO THE CONTRARY IN THE LESSOR'S STORESAFE PREMIUM LEASE PROGRAM, AND TO THE EXTENT TENANT PARTICIPATES IN SUCH STORESAFE PREMIUM LEASE PROGRAM, LESSOR SHALL NOT BE LIABLE TO TENANT OR TENANTS INVITEES, FAMILY, EMPLOYEES, AGENTS, OR SERVANTS FOR ANY PERSONAL INJURIES OR PROPERTY DAMAGE, OR LOSS FROM THEFT, VANDALISM, FIRE, SMOKE, WATER, HURRICANE, RAIN, TORNADO, EXPLOSION, ACTS OF GOD, OR ANY OTHER CAUSE WHATSOEVER. TENANT ACKNOWLEDGES THAT TENANT MUST TAKE WHATEVER STEPS HE/SHE DEEMS NECESSARY TO SAFEGUARD PROPERTY THAT IS AT THE FACILITY OR IN OR ON THE SPACE. TENANT MUST PROVIDE HIS/HER OWN LOCK AND KEY AND ASSUMES FULL RESPONSIBILITY FOR WHOMEVER HAS POSSESSION OF THE KEYS AND ACCESS TO THE SPACE. LESSOR SHALL NOT BE LIABLE FOR LOSS OR DAMAGE RESULTING FROM FAILURE, INTERRUPTION OR MALFUNCTION OF THE UTILITIES, APPLIANCES, OR FIXTURES, IF ANY, PROVIDED TO TENANT UNDER THE TERMS OF THIS RENTAL AGREEMENT.