Minimum Scope. The property insurance will cover all real and tangible personal property to be incorporated into the Work for "all risks" of loss, subject to standard policy terms, conditions and exclusions, covering all buildings, structures, fixtures, materials and supplies at the Site including inland transit and off-Site storage.
Minimum Scope. Liability insurance shall include the following (or broader) coverage.
Minimum Scope. At all times during the Term, you shall be obligated to pay for not less than the Record Count, Authorized Users and scope listed in the Order Form. We will bill you, and you shall promptly pay, for any additional Record Count, Authorized Users and scope. No adjustment in fees shall be made for any decrease in number of Record Count, Authorized Users, or scope. For purposes of this Agreement, your Record Count shall be calculated in accordance with the following: “Full Time Equivalent” or “FTE” defined as the total count of full time equivalent students enrolled with you as defined in your catalogue, which shall be calculated by adding (a) each student who has met or exceeded registration for the number of credits defined as full-time in your catalogueplus (b) the result of dividing (i) the total aggregate credits registered with you for any students with less than the defined number of credits for a full-time student by (ii) the number of credits constituting a full-time student, as defined in your catalogue. As used in this Section 16, “Authorized User” or “User” means the individuals concurrently logged in or the named users, as applicable, with User IDs who are employed or contracted by you and authorized to access and use the Products and Services, subject to and in accordance with this Agreement.
Minimum Scope. Coverage shall be provided on a builder's risk insurance policy on an "all risk" basis. Such coverage may be provided under a master builder’s risk program or may be provided under a project-specific policy, whichever provides the broadest coverage. Such insurance shall be on a EXECUTION VERSION replacement cost basis using a completed value form reasonably acceptable to the Authority to ensure adequacy of terms and sublimits. The policy shall cover all property, roads, buildings, bridge structures, other structures, fixtures, materials, supplies, foundations, pilings, machinery and equipment that are part of or related to the portions or elements of the Project, and the works of improvement, including permanent and temporary works and materials, and including goods intended for incorporation into the works located at the Project Right of Way, in storage or in the course of transit to the Project Right of Way and all improvements that are within the Project Right of Way. The policy shall not cover tools or equipment used by any contractor to perform their work. Such tools and equipment are the sole responsibility of the contractor who owns or uses such tools. The builder’s risk policy must include coverage for: Any ensuing loss from faulty workmanship or nonconforming work; Machinery accidents and operational testing, if applicable; Removal of debris, with a sub-limit of 25 percent of the loss or a sublimit of no less than $20,000,000, and insuring the buildings, structures, machinery, equipment, materials, facilities, fixtures and all other properties constituting a part of the Project; Transit, including ocean marine coverage (unless insured by the Supplier or through a separate marine cargo policy), with sub-limits sufficient to insure the full replacement value of any key equipment item; Sub-limits sufficient to insure the full replacement value of any property or equipment stored either on or off the Site; Collapse; Terrorism; Earthquake; Flood; Plans, blueprints and specifications; and Demolition and increased cost of construction as required by law or ordinance with a sub- limit of no less than $20,000,000 There shall be no coinsurance penalty provision in any such policy. Deductibles or self-insured retentions for all risk coverage and flood shall be no greater than $500,000 unless otherwise approved by the Authority. Deductibles for earthquake shall be no greater than 5percent of the total value insured at the time of loss. A...
Minimum Scope. Coverage must be at least as broad as:
