Common use of Minimum Limits of Coverage Clause in Contracts

Minimum Limits of Coverage. CART reserves the right to change insurance limits as long as ninety (90) days notice is given to Organizer/Promoter. A. 2001 Event - $20 million combined single limits per occurrence for Bodily Injury and Property Damage with no aggregate limit. B. 2001 Event - $10 million minimum for Participant Legal Liability. Subsequent Events subject to 50% of limits in place in paragraph 2A. C. 2001 Event - $1 million Medical Malpractice Liability with $1 million aggregate per incident. Coverage to include Medical Professionals. (See paragraph 1 [G]).

Minimum Limits of Coverage. CART reserves the right to change insurance limits as long as ninety (90) days notice is given to Organizer/Promoter. A. 2001 1. 1996 Event - $20 10 million combined single limits per occurrence for Bodily Injury and Property Damage damage with no aggregate limit. B. 2001 2. 1996 Event - $10 5 million minimum for Participant Legal Liability. Subsequent Events subject to 50% of limits in place in paragraph 2A. C. 2001 3. 1996 Event - $1 million Medical Malpractice Liability with $1 million aggregate per incident. Coverage to include Medical Professionals. (See paragraph 1 [G1[G]).

Minimum Limits of Coverage. CART reserves the right to change insurance limits as long as ninety (90) days notice is given to Organizer/Promoter. A. 2001 1997 Event - $20 10 million combined single limits per occurrence for Bodily Injury and Property Damage with no aggregate limit. B. 2001 1997 Event - $10 5 million minimum for Participant Legal Liability. Subsequent Events subject to 50% of limits in place in paragraph 2A. C. 2001 1997 Event - $1 million Medical Malpractice Liability with $1 million aggregate per incident. Coverage to include Medical Professionals. (See paragraph 1 [G]}).

Minimum Limits of Coverage. CART reserves the right to change insurance limits as long as ninety (90) days notice is given to Organizer/Promoter. A. 2001 1998 Event - $20 10 million combined single limits per occurrence for Bodily Injury and Property Damage with no aggregate limit. B. 2001 1998 Event - $10 5 million minimum for Participant Legal Liability. Subsequent Events subject to 50% of limits in place in paragraph 2A. C. 2001 Event - $1 million Medical Malpractice Liability with $1 million aggregate per incident. Coverage to include Medical Professionals. (See paragraph 1 [G]).