Common use of Merchant’s Liability Insurance Clause in Contracts

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, Merchant’s operation of the Stores and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including Merchant’s employees being supervised by Agent).

Appears in 2 contracts

Samples: Agency Agreement (Linens 'N Things Center, Inc.), Agency Agreement (Linens Holding Co.)

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Merchant’s Liability Insurance. Merchant shall continue at its cost and expense until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s 's operation of the Stores Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Prior to the Sale Commencement Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ days prior notice to Agent of cancellation, non-renewal or material change during the Sale Termchange. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions retention's or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s 's employees, independent contractors or agents (including other than Merchant’s employees being supervised by Agent's employees).

Appears in 2 contracts

Samples: Agency Agreement (Solo Serve Corp), Agency Agreement (Crown Books Corp)

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s operation of the Stores Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All Merchant agrees to provide, and all such policies shall require provide that the insurer will endeavor to provide at least thirty (30) days’ days prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including Merchant’s employees being supervised by Agent).

Appears in 1 contract

Samples: Agency Agreement (Office Depot Inc)

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s operation of the Stores Closing Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Prior to the Sale Commencement Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ days prior notice to Agent of cancellation, non-renewal or material change during the Sale Termchange. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of to the wrongful extent said claim arises from or relates to the alleged acts or omissions of Merchant or negligence of Agentits employees, or agents (other than Agent’s employees), or independent contractors or agents (including Merchant’s employees being supervised other than Agent and independent contractors hired by AgentAgent in conjunction with the Sale).

Appears in 1 contract

Samples: Agency Agreement (Rowe Companies)

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, Merchant’s operation of the Closing Stores and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including Merchant’s employees being supervised by Agent).

Appears in 1 contract

Samples: Agency Agreement

Merchant’s Liability Insurance. Merchant shall continue at its cost and expense until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, MerchantXxxxxxxx’s operation of the Stores Stores; and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful willful misconduct or grossly negligent acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including Merchant’s employees being supervised by Agent)agents.

Appears in 1 contract

Samples: Second Agency Agreement

Merchant’s Liability Insurance. Merchant shall continue at its cost and expense until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s operation of of, the Stores Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Prior to the Sale Commencement Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All During the Sale Term, all such policies shall require at least thirty (30) days’ days prior notice to Agent of cancellation, non-renewal or material change during the Sale Termchange. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including other than Merchant’s employees being supervised by Agentemployees).

Appears in 1 contract

Samples: Agency Agreement (Finlay Enterprises Inc /De)

Merchant’s Liability Insurance. Merchant shall continue at its cost and expense until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s 's operation of the Stores Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Prior to the Sale Commencement Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days' prior notice to Agent of cancellation, non-renewal or material change during the Sale Termchange. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions retention's or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s 's employees, independent contractors or agents (including other than Merchant’s employees being supervised by Agent's employees).

Appears in 1 contract

Samples: Agency Agreement

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s operation of the Stores Closing Locations, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Prior to the Sale Commencement Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming evidencing Agent named as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ days prior notice to Agent of cancellation, non-renewal or material change during the Sale Termchange. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of to the wrongful extent said claim arises from or relates to the alleged acts or omissions of Merchant or negligence of Agentits employees, or agents (other than Agent’s employees), or independent contractors or agents (including Merchant’s employees being supervised other than Agent and independent contractors hired by AgentAgent in conjunction with the Sale).

Appears in 1 contract

Samples: Agency Agreement

Merchant’s Liability Insurance. Merchant shall continue at its cost and expense until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s operation of the Stores Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. On or before the Payment Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Termchange. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including other than Merchant’s employees being supervised by Agentemployees).

Appears in 1 contract

Samples: Agency Agreement (Wet Seal Inc)

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Merchant’s Liability Insurance. Merchant shall continue at its cost and expense until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s 's operation of the Stores Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Prior to the Sale Commencement Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ days prior notice to Agent of cancellation, non-renewal or material change during the Sale Termchange. In the event of a claim under any such policies, policies Merchant shall be responsible for the payment of all deductibles, retentions retention's or self-self insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s 's employees, independent contractors or agents (including other than Merchant’s employees being supervised by Agent's employees).

Appears in 1 contract

Samples: Agency Agreement (Friedmans Inc)

Merchant’s Liability Insurance. Merchant shall continue at its cost and expense until the Sale Termination Date, in such amounts as it currently has in effect, all of its liability insurance policies, including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, covering injuries to persons and property in, or in connection with, Merchant’s operation of the Stores and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunder, unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including Merchant’s employees being supervised by Agent).

Appears in 1 contract

Samples: Agency Agreement

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, in such amounts and on such terms and conditions as it currently has in effectare consistent with Merchant’s ordinary course operations, all of its liability insurance policies, policies including, but not limited to, products liability, comprehensive public liability, auto liability liability, and umbrella liability insurance, covering injuries to persons and property in, or in connection with, with Merchant’s operation of of, the Stores Stores, and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Prior to the Sale Commencement Date, Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, Merchant shall be responsible for the payment of all deductibles, retentions retentions, or self-insured amounts thereunder, unless it is determined that liability arose by reason of to the wrongful extent said claim arises from or relates to the alleged acts or omissions of Merchant or negligence of Agentits employees, or agents (other than Agent’s employees), or independent contractors (other than Agent and independent contractors hired by Agent in conjunction with the Sale or agents (including Merchant’s employees being supervised by Agent).

Appears in 1 contract

Samples: Agency Agreement

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, at Agent’s cost as an Occupancy Expense hereunder and in such amounts as it currently has in effect, all of its liability insurance policies, including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, policies covering injuries to persons and property in, or in connection with, MerchantXxxxxxxx’s operation of the Stores and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunderthereunder (which amounts shall be paid by Agent as an Occupancy Expense), unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including Merchant’s employees being supervised by Agent).

Appears in 1 contract

Samples: Agency Agreement

Merchant’s Liability Insurance. Merchant shall continue until the Sale Termination Date, at Agent’s cost as an Occupancy Expense hereunder and in such amounts as it currently has in effect, all of its liability insurance policies, including, but not limited to, products liability, comprehensive public liability, auto liability and umbrella liability insurance, policies covering injuries to persons and property in, or in connection with, Merchant’s operation of the Stores and shall endeavor to cause Agent to be named as an additional named insured (as its interest may appear) with respect to all such policies. Merchant shall deliver to Agent certificates evidencing such insurance setting forth the duration thereof and naming Agent as an additional named insured, in form reasonably satisfactory to Agent. All such policies shall require at least thirty (30) days’ prior notice to Agent of cancellation, non-renewal or material change during the Sale Term. In the event of a claim under any such policies, Merchant shall be responsible for the payment of all deductibles, retentions or self-insured amounts thereunderthereunder (which amounts shall be paid by Agent as an Occupancy Expense), unless it is determined that liability arose by reason of the wrongful acts or omissions or negligence of Agent, or Agent’s employees, independent contractors or agents (including Merchant’s employees being supervised by Agent).

Appears in 1 contract

Samples: Agency Agreement (Borders Group Inc)

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