Interpace Insurance Coverage Sample Clauses
Interpace Insurance Coverage. During the Term of this Agreement, Interpace will maintain at its sole expense insurance coverages as follows:
(a) Professional Liability/Errors & Omissions as it pertains to work performed under this Agreement in amounts of not less than $[…***…];
(b) Workers Compensation and appropriate employer liability insurance in amounts required by Applicable Laws;
(c) Commercial General Liability insurance with a combined single limit of $[…***…] each occurrence and $[…***…] in the aggregate;
(d) Comprehensive Vehicle insurance in amounts of not less than $[…***…] and as required by Applicable Law in the state where the vehicles are registered; and
(e) Excess liability insurance with minimum combined single limits of $[…***…].
(f) All of the foregoing insurance will be maintained with responsible carriers and the terms of coverage will be evidenced by certificates of insurance to be furnished by Interpace to Transgenomic on or prior to the Effective Date of this Agreement, and on or prior to each anniversary of such date. Such certificates of insurance will provide that at least 30 days’ prior written notice will be given to Transgenomic prior to cancellation or modification of any of the material terms of coverage of any policy. Transgenomic will be named as an additional insured with respect to the coverages described in Sections 9.1(c) and 9.1(e).
Interpace Insurance Coverage. During the Term of this Agreement, Interpace will maintain at its sole expense insurance coverages as follows:
