Common use of Lessor’s Insurance Clause in Contracts

Lessor’s Insurance. Lessor shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law.

Appears in 5 contracts

Samples: Solar Carport Lease Agreement, Solar Equipment Lease Agreement, Solar Equipment Lease Agreement

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Lessor’s Insurance. Lessor shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law. 3 The Agreement provides for a separate Performance Guarantee, form and content of which is optional. If no Performance Warranty will be provided, this sentence and the following sentence should be deleted.

Appears in 1 contract

Samples: Solar Equipment Lease Agreement

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Lessor’s Insurance. Lessor shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law.and

Appears in 1 contract

Samples: Solar Equipment Lease Agreement

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