Common use of Minimum Limits Clause in Contracts

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

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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

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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

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