Insurance Responsibilities Sample Clauses
The Insurance Responsibilities clause defines the obligations of each party regarding the procurement and maintenance of insurance coverage relevant to the agreement. Typically, it specifies the types and minimum amounts of insurance required, such as general liability, property, or professional indemnity insurance, and may outline procedures for providing proof of coverage or notification of policy changes. This clause ensures that both parties are adequately protected against potential risks and liabilities arising from their activities under the contract, thereby allocating risk and promoting financial security.
POPULAR SAMPLE Copied 1 times
Insurance Responsibilities. Each Party shall be responsible for the procurement and maintenance of its own property, casualty and third-party liability insurance to adequately protect its personnel and property and to cover its liabilities and responsibilities under this Agreement.
Insurance Responsibilities. Existing insurance coverages required for valid food truck permits 5 are also deemed sufficient to cover the City’s liability for this additional activity. No additional 6 insurance is required. If, at any time a valid permit holder surrenders or loses their permit 7 privileges, they shall also be ineligible to participate in this pilot program as well.
Insurance Responsibilities. Each Party to this MOU shall be responsible for its own acts and/or omissions and those of its officers, employees, and agents in the performance of this MOU. No Party to this MOU shall be responsible for the acts and omissions of those entities or individuals not a party to this MOU.
Insurance Responsibilities. You have two methods to choose in paying for your counseling services:
Insurance Responsibilities. Lessee shall, to the extent any of the following occur or arise during the entire term hereof, save and keep Lessor harmless from any and all damages and liability occasioned by all events other than those arising directly from Lessor’s use of the Property and shall indemnify, defend (with counsel acceptable to Lessor) and keep harmless Lessor from and against any loss, cost, damage and expense arising out of and in connection with any building, facilities, fields, or other improvements on the Property, including the approaches, driveways, accessways, sidewalks and other appurtenances of the Property and out of any accident causing injury to any person or property whomsoever and whatsoever and due to events other than those arising directly from Lessor Uses of the Property. Further, Lessee covenants and agrees to provide, at ▇▇▇▇▇▇’s expense, policies of insurance insuring Lessee and Lessor against all claims, damages, injuries, losses and other liabilities contemplated by this Section, with coverage amounts of not less than $1,000,000.00 to cover claim or damage from any single or specific clause to any one (1) person and to the extent of not less than $2,000,000.00 to cover claim or damage in connection with any one (1) particular accident or occurrence. Such polices shall name ▇▇▇▇▇▇ as additional insured on a primary basis. Lessee shall also provide Lessor with proof of worker’s compensation insurance as required by applicable law and commercial automobile insurance providing a minimum of One Million Dollars ($1,000,000.00) in liability coverage and shall include “non owned and hired coverage”, if applicable. Lessee shall further provide Lessor with a waiver of subrogation for the aforementioned coverages; each policy shall contain a waiver of subrogation. Such insurance policies shall (i) be provided to Lessor promptly upon demand, and (ii) provide that the applicable policies shall not be cancelled without thirty (30) days’ advance written notice to Lessor. This paragraph shall survive the termination or earlier expiration of this Lease. The Parties agree that the indemnification provided for in this paragraph does not cover or apply to those periods of time when the Property is being used for the Lessor Uses. As to all Lessor Uses, Lessor shall, during the entire term hereof, save and keep Lessee harmless from any and all damages and liability occasioned directly by the Lessor Uses of the Property and shall indemnify and keep harmless Lessee from an...
Insurance Responsibilities. BC, as a public body corporate of Florida, and its insurance is in line with the sovereign immunity caps. Each party acknowledges without waiving its right of sovereign immunity as provided by Section 768.28, Florida Statutes, that each party is self- insured for general liability under state law with coverage limits of $200,000 per person and $300,000 per occurrence, or such monetary waiver limits that may change and be set forth by the legislature.
Insurance Responsibilities. The respective insurance responsibilities of the parties with respect to Product, Semi-Finished Product, and Product Materials, are as set forth in Appendix F.
