Insurances required. The Lessee must at its cost effect and maintain with insurers approved by the Lessor (noting the Lessor’s and the Lessee’s respective rights and interest in the Premises) for the time being:
(a) adequate public liability insurance covering the respective rights, interests, obligations and risks of the parties in terms of and subsequent to this Lease for a sum not less than the sum set out at Item 8 of Schedule 1 in respect of any one claim or such greater amount as the Lessor may from time to time reasonably require;
(b) insurance to cover the Lessee’s equipment, moveable assets or other belongings against loss or damage by fire, fusion, smoke, lightning, flood, xxxxx, xxxxxxx, earthquake, sprinkler leakage, water damage, loss from theft or burglary and other usual risks against which a Sublessee can and does ordinarily insure in their full replacement value; and
(c) insurance to the full insurable value on a replacement or reinstatement value basis of the Premises and the Improvements against damage arising from fire, tempest, storm, earthquake, explosion, aircraft, or other aerial device including items dropped from any device, riot, commotion, flood, lightning, act of God, fusion, smoke, rainwater, leakage, impact by vehicle, machinery breakdown and malicious acts or omissions and other standard insurable risks which an owner can and does ordinarily insure, including in respect of all insurances, architects and other consultants’ fees and the cost of demolition and removal of building waste or debris.
Insurances required. 13.1.1 SOMISY shall, at its own cost and expense obtain and maintain, or cause to be obtained and maintained, from the date of this Agreement the policies of insurance, the minimum requirements of which are set out in Exhibit 5 in the amounts specified and during the period or periods mentioned in Exhibit 5. Sypps shall be named as one of a number of insureds with a severable interest on any such insurance procured by SOMISY.
13.1.2 SOMISY shall be free at any time to increase the amounts of cover above the amounts therein specified, but SOMISY shall not reduce such amounts without the prior written consent of Sypps.
13.1.3 SOMISY shall not be in breach of its obligations hereunder if and to the extent that any particular insurance is unavailable to it under commercially reasonable terms except where such non-availability shall be due to the act or neglect of SOMISY.
13.1.4 If and to the extent an Insurable Event ceases to be insurable at reasonable commercial terms then the Parties shall meet to discuss methods of addressing the issue and unless the reason for the insurance no longer being so available shall arise out of the act or neglect of SOMISY then until insurance shall be so available at commercial terms the previously Insurable Event shall be deemed to be a Non-Insurable Event.
Insurances required. During the Term, the Customer must effect and maintain with a reputable insurance company the following insurances which are required to note the interests of Terminal Operations Co on each policy:
(a) public liability insurance to the amount of $200,000,000.00;
(b) insurance for an amount not less than $100,000,000.00 in respect of:
(i) damage to real property and personal property; and
(ii) injury to or death of any person.
Insurances required. The Operator must, at its own cost, procure and maintain (or caused to be procured and maintained) insurance policies in relation to the Project consistent with Good Industry Practice, including the following insurances: during the Construction Period only, contract works insurance for the full replacement or reinstatement value of the Facility plus amounts sufficient to cover costs of demolition and removal of debris, including coverage for material and equipment in transit; during the Operations Period only, industrial special risks insurance for each Operations Year reflecting a combined limit of no less than the full replacement or reinstatement value of the Facility, plus amounts sufficient to cover costs of demolition and removal of debris, professional fees and an amount to cover additional costs and expenses to expedite the commencement and completion of the repair, replacement or reinstatement of the Facility; throughout the Term: public and products (completed operations) liability insurance for an amount of at least $20 million (Indexed) for each and every occurrence and in the annual aggregate regards to product liability and completion operations; workers' compensation scheme insurance and motor vehicle liability insurance as required by Law; and any other insurance required by Law. The insurances required to be procured and maintained under each of clauses 12.1(a), 12.1(b) and 12.1(c)(i) must be maintained with an insurance company that has a Required Rating.
Insurances required. The Consultant must take out and maintain the following insurances for the duration of this Agreement or as otherwise directed by NQ Dry Tropics or the Funding Body to be taken out and maintained: Workers’ compensation insurance As required by law in respect of the Contractor’s employees For the duration of this agreement or as otherwise directed by NQ Dry Tropics or the Funding Body Public liability insurance No less than $20,000,000.00 in respect of any one occurrence and in the aggregate For the duration of this agreement or as otherwise directed by NQ Dry Tropics or the Funding Body Professional indemnity insurance No less than $5,000,000.00 per occurrence and $10,000,000.00 in the aggregate From the Start Date until the date 7 years after the completion date or as otherwise directed by NQ Dry Tropics or the Funding Body. Compulsory Third As required by law for each At all times whilst using vehicles party motor vehicle used by the Consultant in in connection with the Services vehicle insurance connection with the Services under the Agreement under the Agreement
Insurances required. (a) Sodexo must effect and maintain the following insurances with a reputable insurer acceptable to Asian Institute of Technology for the Term in respect of the provision of the Services:
(i) public liability insurance for not less than 10 million Baht per occurrence in the name of Sodexo;
(ii) to the extent required by Law, workers' compensation insurance in respect of Sodexo's liability for any loss or claim for injury to or death of a person employed or otherwise engaged, or deemed to be employed or otherwise engaged, by Sodexo in connection with the Services;
(iii) professional indemnity insurance, covering liability for any act, error or omission arising out of or in any way connected with the performance of the Services, for not less than 10 million Baht per occurrence in the name of Sodexo;
(iv) any other insurance Sodexo is required by Law to hold in order to perform its obligations under this Agreement; and
(v) insurance against theft or damage to equipment, goods and materials including any owned by Sodexo.
(b) Asian Institute of Technology must effect and maintain the following insurances with a reputable insurer for the Term in respect of the premises at which the Services are provided:
(i) insurance against the effects of fire, flood and water damage.
Insurances required. Before commencement of any land disturbance activities on the Development Property, Developer or Owner, as applicable, shall deliver to City certificates of insurance, copies of endorsements, and other evidence of insurance requested by City, which Developer or Owner, as applicable, is required to purchase and maintain, or cause to be purchased or obtained, in the types and amounts of coverage listed below:
Insurances required. During the Term, the Customer must effect and maintain with a reputable insurance company the Insurances which are required to note the interests of Terminal Operations Co on each policy.
Insurances required. Home Institution must maintain public liability insurance to a limit of $20 million per any one event for an act or omission on the part of the Student that results in injury, loss or damage Student will be responsible for own travel insurance If Student will be entering Australia on a student visa, Student must obtain Overseas Student Health Cover (as required by Australian Government)
Insurances required. The Concessionaire shall take out and maintain in full force and effect the insurances identified in paragraph 1 of Annex 11 with the limits of indemnity, on the terms and conditions and for the periods specified in Annex 11 and any other insurances required by Law. The Concessionaire shall comply with all of the provisions of Annex 11.
