Insurance terms. In clause 5.1.1:
Insurance terms. In clause 8.
Insurance terms. In this clause 24: excess risks means the proportion (if any) of claims for general average, salvage and salvage charges not recoverable under the hull and machinery insurances of a vessel in consequence of the value at which the vessel is assessed for the purpose of such claims exceeding its insured value. excess war risk P&I cover means cover for claims only in excess of amounts recoverable under the usual war risk cover including (but not limited to) hull and machinery, crew and protection and indemnity risks.
Insurance terms. In this clause 24:
Insurance terms. All capitalized terms used in this Section 17, but not defined in this Agreement, shall have the meaning commonly used in the insurance industry.
Insurance terms. In clause 5.
Insurance terms. The Supplier must ensure that all policies of insurance required to be taken out by it under this Agreement:
(a) include the Company as a named co-insured, and the Supplier must do anything the Company reasonably requests to protect the Company as an insured. In the event the relevant insurer refuses to include the Company as a named co-insured, the Supplier must ensure that the policy notes the Company’s interest under this Agreement;
(b) include a clause that provides that a breach of a condition or term of insurance by one insured will not adversely affect the cover provided to another insured under the policy; and
(c) are endorsed to waive all express or implied rights of subrogation against the Company or its Personnel.
Insurance terms. (a) The insurance coverages under Sections 1(a) through (h) of this Exhibit shall be primary, and all coverage shall be non-contributing with respect to any other insurance or self insurance which may be maintained by Client. All coverage required by Section 1 of this Exhibit shall include a waiver of subrogation and a waiver of any insured-versus-insured exclusion regarding Client. To the extent any coverage is written on a claims-made basis, it shall have a retroactive date prior to the Effective Date and shall allow for reporting of claims for at least *** after the Term.
(b) GlobalLogic shall cause its insurers to issue certificates of insurance evidencing that the coverages and policy endorsements required under this Agreement are maintained in force and that not less than *** written notice shall be given to Client prior to any cancellation of the policies. GlobalLogic will provide Client with prompt written Notice regarding any modifications to or non-renewal of the types of insurance and thresholds of insurance coverage set forth under this Exhibit C. The insurers selected by GlobalLogic shall have an *** or, if such ratings are no longer available, with a comparable rating from a recognized insurance rating agency. GlobalLogic shall assure that itself and its subcontractors, if any, maintain insurance coverages as specified in this Exhibit naming Client as an additional insured or loss payee where relevant or GlobalLogic shall assure that its subcontractors, if any, are endorsed as additional insureds on GlobalLogic coverages specified by this Exhibit.
(c) In the case of loss or damage or other event that requires notice or other action under the terms of any insurance coverage specified in this Exhibit, GlobalLogic shall be solely responsible to take such action. GlobalLogic shall provide Client with contemporaneous notice and with such other information as Client may request regarding the event.
Insurance terms. In Clause 15:-
Insurance terms. Insurance terms not otherwise defined in this Agreement shall be interpreted consistent with insurance industry usage.
