Liability Insurance and Indemnification. The Company shall maintain directors’ and officers’ liability insurance for the Executive during the Term of Employment, and for a six (6) year period following the Executive’s Date of Termination at a level equivalent to the most favorable and protective coverage for any active officer or director of the Company. The Company agrees to indemnify the Executive for any job-related liability to the fullest extent permitted under applicable law, and its by-laws.
Liability Insurance and Indemnification. 15.1. Tenant, in its name and at its own expense, shall procure and continue in force, commercial general liability insurance against damages occurring in the Leased Premises during the term or any extensions of this Lease. Such insurance shall be in an amount not less than Two Million and No/100 Dollars ($2,000,000.00) general aggregate limit for bodily injury and property damage. A certificate of such insurance shall be provided to Landlord not later than the Lease Commencement Date, and thereafter upon written request. All insurance required under this Section 15 shall be written by companies rated A-VIII or higher. Such policy shall state that it may not be canceled or modified prior to giving Landlord at least thirty (30) days prior written notice.
15.2. Should Tenant desire to carry all or part of the insurance coverage described in this Section through self insurance and/or under a "blanket" policy or policies covering other properties of Tenant, its parent corporation, its subsidiaries, or controlling or affiliated corporations, or of any assignee of this Lease, such methods of insurance shall be deemed compliance with Tenant's obligations under this Section, as to both original coverage and renewals. During such time as no event of default is outstanding and the tangible net worth of Tenant is not less than Fifty Million and No/100 Dollars ($50,000,000.00) as determined according to generally accepted accounting principles consistently applied, Tenant may self insure the coverage referred to in Sections 15.1 and 16.1 provided that to do so does not violate any legal requirements. Such self-insurance shall then be deemed to be compliant with Tenant's obligations under Sections 15.1 and 16.1, as to both original coverage and renewals.
15.3. Landlord agrees to defend, indemnify and save harmless Tenant from and against any and all claims and demands whether from injury to person, loss of life, or damage to property, occurring within the Leased Premises as may result from any injury or damage caused by acts or omissions of Landlord.
15.4. Tenant agrees to defend, indemnify and save harmless Landlord from and against any and all claims and demands whether from injury to person, loss of life, or damage to property, occurring within the Leased Premises, excepting, however, such claims or demands as may result from any injury or damage caused by acts or omissions of Landlord.
Liability Insurance and Indemnification. The Company shall procure and maintain throughout the term of this Agreement a policy or policies of liability insurance for the protection and benefit of directors and officers of the Company. Such insurance shall have a combined limit of not less than $10,000,000.00 and may have a deductible of not more than $100,000.00. To the fullest extent permitted by law, Company shall indemnify and hold harmless Executive for any and all lost, cost, damage and expense including attorneys' fees and court costs incurred or sustained by Executive, arising out of the proper discharge by Executive of his duties hereunder in good faith.
Liability Insurance and Indemnification. The Athlete hereby:
(a) acknowledges that there are risks, dangers and hazards in the Athlete participating in competition and in training, preparing for and travelling to and from such competition which include, but are not limited to: death, serious neck and spinal injuries which may result in complete and partial paralysis, brain damage, serious injury to virtually all bones, joints, ligaments, muscles, tendons and other aspects of the body, and risks to general health and well-being. The Athlete acknowledges that some of these dangers and risks are inherent in the nature of the activities the Athlete engages in, while some may arise through the negligence on the part of other persons. The Athlete acknowledges that he or she will be undertaking all activities pursuant to this Agreement at his or her own risk and agrees, to assume all risks associated with, and incidental to, the Athlete's participation in BCS travel, training and competition;
(b) acknowledges that participating in competition and in training, preparing for and travelling to and from such competition may result not only in serious injury, but in serious impairment of the Athlete’s future abilities to earn a living, to engage in other businesses, social, physical, intellectual and recreational activities, and generally to enjoy life;
(c) acknowledges and agrees that BCS and its respective insurers, successors, assigns, administrators, directors, managers, members, shareholders, employees, agents and officers and their helpers and assistants and each of them and their respective administrators, heirs, and executors shall not be liable to the Athlete for any loss, damage or personal injury, however caused, including, without limitation, negligence on the part of BCS, nor shall BCS be liable to the Athlete or to any other party, including the personal representatives and assigns of the Athlete in the event of the Athlete’s death, for any loss or damage arising from an injury to, or death of the Athlete or any other person resulting from any activity undertaken by the Athlete;
(d) agrees to indemnify and hold harmless BCS and its directors, officers, employees, contractors, volunteers and agents from and against any and all liability, claims, losses, damages, and expenses which BCS may suffer or incur as a result, directly or indirectly, of the breach of any provision of this Agreement by the Athlete or as a result of any activity undertaken by the Athlete. This indemnification shall survive ...
Liability Insurance and Indemnification. TCP shall provide Executive with not less than the same directors and officers liability insurance coverage as provided to each other member of the TCP Executive Team. In the event TCP enters into indemnification agreements with other members of the TCP Executive Team, TCP shall enter into substantially the same agreement with Executive.
Liability Insurance and Indemnification. Landlord shall not be liable to Tenant or any other person for any damage to property or injury to persons upon the demised premises from any cause whatever, including, but not limited to, act of God, fire, water, defects in the demised premises or otherwise, except for such damage or injury as is caused by a breach of Landlord's agreement in paragraph 8, above, to maintain portions of the premises. "Demised premises" shall mean the entire property leased by Tenant, including all improvements thereon and the common areas. Tenant shall indemnify and hold harmless Landlord from and against any and all liabilities, claims, demands, damages, expenses, fees, fines, penalties, suits, proceedings, actions and causes of action of any and every kind and nature (collectively "Claims") arising or growing out of or in any way connected with Tenant's use, occupancy, management or control of the demised premises or any portion thereof, provided such Claims do not result from a breach of Landlord's agreement in paragraph 8, above, to maintain portions of the premises, or arising out of or in any way connected with any act or omission of the Tenant, any of Tenant's subtenants, licensees, agents or representatives and their respective successors and assigns or anyone claiming by, through, under or against Tenant, or resulting from any breach, violation or nonperformance of any covenant, condition or agreement herein contained on the part of the Tenant to be kept and performed resulting in loss of life or injury to any person or persons or damage to any property. Tenant shall defend any and all actions, suits or proceedings which may be brought against Landlord, or in which the Landlord may be impleaded or joined with others and shall satisfy, pay and discharge any and all judgments, orders and decrees that may be recovered against Tenant or Landlord in any such action or proceedings, unless such action, suit or proceeding relates exclusively to a breach of Landlord's agreement in paragraph 8, above, to maintain portions of the premises. In addition to the foregoing, Tenant shall carry and pay for general liability insurance fully protecting and insuring Landlord and Tenant from and against any liability, claim, loss, damage or expense arising out of any of the foregoing with limits in an amount not less than $1,000,000 for injury to or death of any one person, $2,000,000 for injury to or death of any number of people arising out of any one occurrence and $250,000 for damag...
Liability Insurance and Indemnification. (15.1) Every reasonable precaution will be taken by NIRSA to protect property during installation, open hours and removal. However, neither NIRSA, service contractors, building or grounds officials, not any officers, staff members, or directors of any of the same, are responsible for the safety of the property of Exhibitors from theft or damage by fire, accident vandalism, or other causes; nor will they assume liability for any injury that may occur to trade show visitors or their agents and employees, or others. Security will be on the premises as determined by NIRSA.
(15.2) All property of the Exhibitor will remain under their custody and control in transit to, from, and within the confines of the exhibit hall, subject to the policies and procedures of NIRSA.
(15.3) A certificate of insurance will be required from each exhibiting company naming NIRSA and its agents as additional insureds on the policy effective during the period of activity. A certificate of insurance must be received by NIRSA on or before February 23, 2024. For a sample certificate of insurance, Exhibitor should contact NIRSA Headquarters.
(15.4) Exhibitor agrees to indemnify and hold NIRSA, and its affiliates, agents, employees, board of directors and other representatives, harmless from all claims and liabilities (including reasonable attorney fees and costs), arising from Exhibitor’s use of exhibit space as contemplated by the NIRSA Exhibitor Space Application.
(15.5) In no event shall NIRSA be liable to Exhibitor for punitive, exemplary, or consequential damages, including without limitation lost profits, whatever the nature of the breach by NIRSA of its obligations under this agreement, and Exhibitor waives all claims for punitive, exemplary, or consequential damages. NIRSA’s liability for damages under this agreement shall be further limited to amounts paid by Exhibitor to NIRSA under the terms of this agreement. By agreeing to these terms, it is implied that you have adequate insurance to cover your booth and personnel, whether you have provided NIRSA Headquarters with your certificate of insurance before the Expo.
Liability Insurance and Indemnification. The Company represents and warrants that it has in place Directors and Officers liability Insurance Policies, naming Employee as an insured against any and all claims, actions, causes of action, lawsuits or investigations which could be brought against employee in his capacity as an employee, director or officer of the Company and any of its subsidiaries, subject only to the specific exclusions set forth in said policies, including without limitation, any exclusion for fraud, willful misconduct, or misrepresentation. For the period of time for which Employee is an employee of the Company, the Company shall maintain these policies and timely pay all premiums due under those policies. The Company shall acquire such “tail” or other policies of insurance to continue the coverage of Employee, should he no longer be employed by the Company to cover any subsequent claims, actions, lawsuits, causes of action or investigations brought against Employee while in the capacity as an employee of the Company. The Company shall indemnify and hold Employee harmless to the greatest extent permitted by the law, from any action, claim, lawsuit, cause of action or investigation brought against Employee as an employee, officer or director of the Company and any of its subsidiaries, regardless of whether the Directors and Officers Liability Insurance Policies are in place, and regardless of whether Employee has ceased to be employed by the Company, or otherwise. This agreement by the Company to indemnify and hold Employee harmless shall include the Company’s obligation to pay all damages, injuries and penalties incurred by Employee or against Employee, and Employee’s costs and reasonable attorneys’ fees. This agreement to indemnify and hold harmless shall not apply if and only if Employee is convicted of a felony which is affirmed on appeals or is not appealed, or is found guilty, by final verdict, of fraud or willful misconduct.
Liability Insurance and Indemnification. For purposes of this section “SPP” refers to SPP and its officers, directors, Regional Entity Trustees, employees or agents, and “Member” refers to the Members of SPP as defined in these Bylaws. None of the provisions of this section, including the waiver of liability in Section 3.15.1 below, absolving SPP or its Members, directors, Regional Entity Trustees, officer, agents, employees or other representatives of liability or any provisions for insurance or indemnification apply to actions which are unlawful, undertaken in bad faith, or are the result of gross negligence or willful misconduct.
Liability Insurance and Indemnification. The Athlete hereby:
