Insurance to be Maintained by the Group. (a) During the term of this Agreement, the Group shall maintain comprehensive professional medical/malpractice liability insurance with such carrier as determined jointly by Administrator and the Group with minimum legal limits or such higher limits as shall be required under the Group's contracts with hospitals or other third parties. Such insurance shall be on a per claim and per physician basis and a separate limit for the Group to the extent available and permitted by law with such deductible as is mutually agreeable by Administrator and the Group. All comprehensive professional medical/malpractice liability insurance premiums and deductibles shall be considered a Professional Expense. All costs, expenses and liabilities incurred by the Group in excess of the limits of such policies identified in the preceding sentence shall be considered a Professional Expense. Administrator, Parent or their Affiliates may attempt to secure excess liability for the types of coverages contemplated by this Section 9.1(a). If successful, the Group shall have the opportunity to purchase at Administrator's cost, without xxxx-up, as a Professional Expense, such coverage to the extent permitted by the then-applicable restrictions set forth in such policy.
Appears in 2 contracts
Samples: Service Agreement (Radiologix Inc), Service Agreement (Radiologix Inc)
Insurance to be Maintained by the Group. (a) During the term of this Agreement, the Group shall maintain comprehensive professional medical/malpractice liability insurance with such carrier as determined jointly by Administrator and the Group with minimum legal limits or such higher limits as shall be required under the Group's contracts with hospitals or other third parties. Such insurance shall be on a per claim and per physician basis and a separate limit for the Group to the extent available and permitted by law with such deductible as is mutually agreeable by Administrator and the Group. All comprehensive professional medical/malpractice liability insurance premiums and deductibles shall be considered a Professional Expense. All costs, expenses and liabilities incurred by the Group in excess of the limits of such policies identified in the preceding sentence shall be considered a Professional Expense. Administrator, Parent or their Affiliates may attempt to secure excess liability for the types of coverages contemplated by this Section 9.1(a). If successful, the Group shall have the opportunity to purchase at Administrator's cost, without xxxxmark-up, as a Professional Expense, such coverage to the extent permitted permixxxx by the then-applicable restrictions set forth in such policy.
Appears in 1 contract
Samples: Service Agreement (Radiologix Inc)
Insurance to be Maintained by the Group. (a) During the term of this Agreement, the Group shall maintain comprehensive professional medical/malpractice liability insurance with such carrier as determined jointly by Administrator and the Group with minimum legal limits or such higher limits as shall be required under the Group's contracts with hospitals or other third parties. Such insurance shall be on a per claim and per physician basis and a separate limit for the Group to the extent available and permitted by law with such deductible as is mutually agreeable by Administrator and the Group. All comprehensive professional medical/malpractice liability insurance premiums and deductibles shall be considered a Professional Expense. All costs, expenses and liabilities incurred by the Group in excess of the limits of such policies identified in the preceding sentence shall be considered a Professional Expense. Administrator, Parent or their Affiliates may attempt to secure excess liability for the types of coverages contemplated by this Section 9.1(a). If successful, the Group shall have the opportunity to purchase at Administrator's cost, without xxxxmark-up, as a Professional Expense, such coverage to the extent permitted permxxxxd by the then-applicable restrictions set forth in such policy.
Appears in 1 contract
Samples: Service Agreement (Radiologix Inc)