Minimum Coverage Types Required Sample Clauses

Minimum Coverage Types Required. All insurance policies required by this Lease shall: (a) be issued by insurance companies reasonably acceptable to the Parties; (b) provide that such insurance carriers give the Parties at least 30 days’ prior written notice of cancellation or non- renewal of policy coverage; provided that, prior to any such cancellation, each Party shall have new insurance policies in place that meet the requirements of this Section 10; (c) waive any right of subrogation of the insurers against the other Party, its owners, affiliates, agents, successors and assigns; (d) provide that such insurance be primary insurance and any similar insurance in the name of and/or for the benefit of each Party shall be excess and non- contributory; and (e) name the other Party, its owners, affiliates, agents, successors and assigns as additional insureds.
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