Common use of Minimum Coverage Clause in Contracts

Minimum Coverage. The policy or policies shall be written by an insurance company with an Xxxxxx X. Best rating of A or A+, or such other insurance company as Licensor may reasonably approve, and shall include, at a minimum, such coverages and policy limits as may reasonably be specified by Licensor from time to time, which coverages may include, without limitation, comprehensive general liability insurance, including personal injury, as well as comprehensive automobile liability coverage for both owned and nonowned vehicles, and property damage liability coverage, naming Licensor and the Partnership Partners, and their respective affiliates, agents, officers, directors, shareholders and employees, as additional insureds in each such policy or policies. Until such time as Licensor shall in good faith determine that economic or other circumstances affecting the Cellular One license program require increased insurance coverage, the following minimum insurance requirements shall be applicable. 1: General liability: $1,000,000 per occurrence or $2,000,000 in the aggregate;

Appears in 3 contracts

Samples: License Agreement (Dobson Sygnet Communications Co), License Agreement (Dobson Sygnet Communications Co), License Agreement (Dobson Sygnet Communications Co)

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Minimum Coverage. The policy or policies shall be written by an insurance company with an Xxxxxx X. Best rating of A or A+, or such other insurance company as Licensor may reasonably approve, and shall include, at a minimum, such coverages and policy limits as may reasonably be specified by Licensor from time to time, which coverages may include, without limitation, comprehensive general liability insurance, including personal injury, as well as comprehensive automobile liability coverage for both owned and nonowned non-owned vehicles, and property damage liability coverage, naming Licensor and the Partnership Partners, and their respective affiliates, agents, officers, directors, shareholders and employees, as additional insureds in each such policy or policies. Until such time as Licensor shall in good faith determine that economic or other circumstances affecting the Cellular One license program require increased insurance coverage, the following minimum insurance requirements shall be applicable. 1: General liability: $1,000,000 per occurrence or $2,000,000 in the aggregate;

Appears in 1 contract

Samples: License Agreement (Dobson Sygnet Communications Co)

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Minimum Coverage. The policy or policies shall be written by an insurance company with an Xxxxxx X. Best rating of A or A+, or such other insurance company as Licensor may reasonably approve, and shall include, at a minimum, such coverages and policy limits as may reasonably be specified by Licensor from time to time, which coverages may include, without limitation, comprehensive general liability insurance, including personal injury, as well as comprehensive automobile liability coverage for both owned and nonowned vehicles, and property damage liability coverage, naming Licensor and the Partnership Partners, and their respective affiliates, agents, officers, directors, shareholders and employees, as additional insureds in each such policy or policies. Until such time as Licensor shall in good faith determine that economic or other circumstances affecting the Cellular One license program require increased insurance coverage, the following minimum insurance requirements shall be applicable. 1: General liability: $1,000,000 per occurrence or $2,000,000 in the aggregate;

Appears in 1 contract

Samples: License Agreement (Dobson Sygnet Communications Co)

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