Manager's Liability Insurance. During the Term of this Agreement, Manager, at Manager's expense, shall carry and maintain commercial general liability insurance in the amount of $1 million per occurrence and $2 million in the aggregate for the benefit of Manager (the “Manager's Liability Insurance”).
Appears in 2 contracts
Samples: Limited Liability Company/Joint Venture Agreement (Bluerock Residential Growth REIT, Inc.), Property Management Agreement (Bluerock Residential Growth REIT, Inc.)
Manager's Liability Insurance. During the Term term of this AgreementAgreement and all renewals thereof, Manager, at Manager's expense, shall carry and maintain commercial general liability insurance in the amount of $1 million per occurrence and $2 million in the aggregate for the benefit of Manager (the “"Manager's Liability Insurance”").
Appears in 2 contracts
Samples: Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
Manager's Liability Insurance. During the Term term of this AgreementAgreement and all renewals thereof, Manager, at Manager's expense, shall carry and maintain commercial general liability insurance in the amount of $1 million per occurrence and $2 million in the aggregate for the benefit of Manager (the “"Manager's Liability Insurance”"). Such insurance shall include employment, auto liability and commercial general liability equal to or greater than $1,000,000. Owner shall be named additional insured.
Appears in 1 contract
Samples: Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
