KBI Biopharma Insurance. KBI Biopharma shall secure and maintain in full force and effect throughout the Term policies of insurance for (a) workers’ compensation in accordance with applicable statutory requirements, employer’s liability in an amount not less than $1,000,000, and automobile liability in an amount not less than $1,000,000, (b) commercial general liability in an amount not less than $2,000,000 per occurrence and $2,000,000 in the aggregate, and (c) products liability in an amount not less than $2,000,000 per occurrence and $2,000,000 in the aggregate.
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Samples: Master Services Agreement (BriaCell Therapeutics Corp.), Master Services Agreement (Larimar Therapeutics, Inc.), Master Services Agreement (BriaCell Therapeutics Corp.)
KBI Biopharma Insurance. KBI Biopharma shall secure and maintain in full force and effect throughout the Term policies of insurance for (a) workers’ compensation in accordance with applicable statutory requirements, employer’s liability in an amount not less than $1,000,000[***], and automobile liability in an amount not less than $1,000,000[***], (b) commercial general liability in an amount not less than $2,000,000 [***] per occurrence and $2,000,000 [***] in the aggregate, and (c) products liability in an amount not less than $2,000,000 [***] per occurrence and $2,000,000 [***] in the aggregate.
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