Licensee’s Insurance Obligations. Licensee shall procure and maintain for the duration of this SLA insurance against all claims for injuries to persons or damages to property which may arise from the installation, construction, maintenance, and operation of the System or the Permitted Use. This insurance shall meet the following requirements:
Licensee’s Insurance Obligations. LICENSEE shall procure and maintain for the duration of this SLA insurance against all claims for injuries to persons or damages to property which may arise from the installation, construction, maintenance and operation of the System or the Permitted Use. This insurance shall meet the following requirements:
9.2.1 Any insurance company used by LICENSEE shall be acceptable to the DGS. In any event, insurance is to be placed with insurers with a current A.M. Best’s ratings of no less than AX. If self-insured, LICENSEE must demonstrate to the satisfaction of the DGS that such insurance is acceptable.
9.2.2 LICENSEE shall furnish the DGS and HOST with original certificates and amendatory endorsements effecting coverage required by this clause. All certificates and endorsements are to be received and approved by the DGS and HOST as a condition of the issuance of the Notice to Proceed. The DGS reserves the right to require complete, certified copies of all required insurance policies, including endorsements affecting the coverage required by these specifications at any time.
9.2.3 All coverage shall be in force during the Term. If the insurance expires during the Term, LICENSEE shall immediately provide a new current certificate showing that it has in place all insurance policies required in this Section 9.2 or may be declared in default of this SLA. The DGS and HOST reserve the right to withhold all payment for Electricity until the default is cured to the satisfaction of the DGS and HOST. Renewal insurance certificates must be tendered to the DGS and HOST at least ten (10) Business Days prior to the expiration of the previous insurance certificate. This new insurance shall be in accordance with the terms of this SLA.
9.2.4 Insurance policies shall contain a provision stating that coverage will not be cancelled without thirty (30) calendar day’s prior written notice to the DGS and HOST.
9.2.5 In the event LICENSEE fails to keep in effect at all times the specified insurance coverage, the DGS and HOST may, in addition to any other remedies it may have, terminate this SLA upon the occurrence of such event, subject to the provisions of this SLA.
9.2.6 The insurance coverage required herein shall not in any way limit the liability of LICENSEE, its officers, agents, partners or employees.
Licensee’s Insurance Obligations. The Licensee shall maintain the following minimum insurance cover for the duration of the Term: • Employers liability £5,000,000 • Public liability £1,000,000 • Professional indemnity £1,000,000
Licensee’s Insurance Obligations. As of the Closing Date, Licensee shall maintain, during the Term, with insurance companies with a Best’s rating of A- or above commercial general liability insurance in the amount of at least $3,000,000 (combined single limit per occurrence) with a broad form property damage liability coverage. This insurance shall include broad form blanket contractual liability, personal injury liability, bodily injury liability, advertising liability, products and completed operations liability coverage. With the exception of products and completed operations liability coverage, which shall be written on a “claims made” form, each coverage shall be written on an “occurrence” form.
Licensee’s Insurance Obligations. Required Insurance Policies and Limits
