Common use of Liability; Workers' Compensation Clause in Contracts

Liability; Workers' Compensation. Mortgagor shall maintain at all times such worker's compensation, employer's liability, and longshoreman and harbor worker's insurance as shall be required by applicable law. Such policies shall provide that any loss under such insurance may be paid directly to the entity to whom any liability covered by such policies has been incurred.

Liability; Workers' Compensation. Mortgagor shall maintain at all times such worker's compensation, employer's liability, and longshoreman and harbor worker's insurance as shall be required by applicable law. Mortgagor shall also maintain public liability insurance together with umbrella liability coverage as insured against by prudent owners of vessels and equipment similar to the Vessel. Such policies shall provide that any loss under such insurance may be paid directly to the entity to whom any liability covered by such policies has been incurred.