Minimum Limits. Optionee shall, for the duration of the Option Term, maintain the following policies of insurance with the following minimum limits and coverage: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverag for owned, non-owned and hire vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 per occurrence
Appears in 2 contracts
Samples: Option Agreement, Option Agreement
Minimum Limits. Optionee shall, for the duration of the Option Term, maintain the following The policy or policies of insurance with maintained by the following Optionee shall provide the minimum limits and coveragecoverage as set forth below: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverag coverage for ownedowned or scheduled, non-owned and hire hired vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 per occurrenceaccident or disease
Appears in 2 contracts
Samples: Option Agreement, Option Agreement
Minimum Limits. Optionee shall, for the duration of the Option Term, maintain the following The policy or policies of insurance with maintained by the following Optionee shall provide the minimum limits and coveragecoverage as set forth below: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverag for owned, non-owned and hire vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 limit per occurrence Statutory Minimum $1,000,000 per occurrence Contractor's Pollution Liability $1,000,000 per claims-made or per occurrence
Appears in 1 contract
Samples: Option Agreement
Minimum Limits. Optionee shall, for the duration of the Option Term, maintain the following The policy or policies of insurance with maintained by the following Optionee shall provide the minimum limits and coveragecoverage as set forth below: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverag for ownedowned or scheduled, non-owned and hire an hired vehicles $1,000,000 combined single limit per occurrence each accident Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 per occurrenceaccident or disease
Appears in 1 contract
Samples: Option Agreement
Minimum Limits. The policy or policies ofinsurance maintained by the Optionee shall, for shall provide the duration of the Option Term, maintain the following policies of insurance with the following minimum limits and coveragecoverage as set forth below: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverag for owned, non-owned and hire vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 limit per occurrence Statutory Minimum $1,000,000 per occurrence Contractor's Pollution Liability $1,000,000 per claims-made or per occurrence
Appears in 1 contract
Samples: Option Agreement