Miscellaneous Insurance Matters. (a) Whenever any notice of any loss, damage, occurrence, accident, claim or suit is required under a general liability policy maintained in accordance with this § 8, the Company shall provide the insurer with timely notice thereof on behalf of the City. Such notice shall be given even where the Company may not have coverage under such policy (for example, where one of the Company's employees was injured). Such notice shall expressly specify that “this notice is being given on behalf of the City of New York as Additional Insured” and contain the following information: the number of the insurance policy; the name of the named insured; the date and location of the damage, occurrence, or accident; the identity of the persons or things injured, damaged, or lost; and the title of the claim or suit, if applicable. The Company shall simultaneously send a copy of such notice to the “City of New York c/o Insurance Claims Specialist, Affirmative Litigation Division, New York City Law Department, 000 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000”. If the Company fails to comply with the requirements of this paragraph, then the Company shall indemnify the City for all losses, judgments, settlements and expenses, including reasonable attorneys' fees, arising from an insurer's disclaimer of coverage citing late notice by or on behalf of the City;
Miscellaneous Insurance Matters. (a) Nothing in this Agreement shall be deemed to restrict NOV or SpinCo, or any members of their respective Groups, from acquiring at its own expense any Insurance Policy in respect of any Liabilities or covering any period. Except as otherwise provided in this ARTICLE VI, from and after the Distribution Date, NOV and SpinCo shall be responsible for obtaining and maintaining their respective insurance programs for their risk of loss and such insurance arrangements shall be separate programs apart from each other and each will be responsible for its own premium payments, deductibles and/or retentions for such insurance programs. Further, NOV and SpinCo shall be responsible individually after the Distribution Date for qualifying, obtaining and maintaining their respective self-insurance permits as applicable or procuring such insurance as may be deemed appropriate for their own risk.
Miscellaneous Insurance Matters. All insurance policies obtained pursuant to Section 16 shall be endorsed to provide:
Miscellaneous Insurance Matters. 36 5.6. Discharge of Excluded Liabilities and Assumed Liabilities..................................37 5.7. Name.......................................................................................37 5.8. Payment of Great Bend Bonds................................................................37 5.9. Great Bend Manufacturing Plant.............................................................37 Article 6 Conditions Precedent To Obligations Of Crown...............................................37
Miscellaneous Insurance Matters. At Closing, Allied will at its expense name Crown and the Company, and their respective partners, shareholders, owners, directors, managers, officers, employees, agents, affiliates and its and their respective successors, assigns, partners, heirs and personal representatives, as additional insureds as their interests may appear with respect to Excluded Liabilities related to products manufactured and sold by the Divisions and their predecessors on its general liability, product liability and excess liability insurance policies and furnish Crown with evidence of such insurance coverage. At Closing, Company will at its expense name Allied, and its shareholders, directors, officers, employees, agents, affiliates and its and their respective successors, assigns, partners, heirs and personal representatives, as additional insureds as their interests may appear with respect to Assumed Liabilities related to products manufactured and sold by the Divisions prior to the Closing on its general liability, product liability and excess liability insurance policies and furnish Allied with evidence of such insurance coverage.
Miscellaneous Insurance Matters. The following shall apply equally to Sections 7.24(a) and (b) above. Each of the policy or policies described in Section 7.24(a) and (b) shall provide for advance written notice of at least thirty (30) days to both Seller and Purchaser of any expiration or termination of the policy or policies required or described hereunder. Any amount of a deductible that becomes or may become payable or is paid by Purchaser under such insurance policy or policies, where such payable or paid amount arises from, in connection with or is incident to any coverage claim pertaining to the first or second year of such policy or policies' coverage, shall be, at Purchaser's option, deducted from any Earn-Out Consideration, the Note or any other amounts that may be owed or owing between Purchaser on the one hand and either Seller, any Stockholder or Parent on the other hand; otherwise such deductible amount shall be promptly remitted to Purchaser by Seller in cash in the manner prescribed for payments elsewhere in this Agreement. In the event Seller, who is charged with the responsibility to maintain the insurance required hereunder fails to do so, for any reason, Purchaser may, at its election, purchase and/or pay for such insurance coverage at the expense of and chargeable to Seller. Seller shall provide to Purchaser at the Closing, and each anniversary thereof, and at any other time upon the reasonable request of Purchaser, evidence of such past and current coverage and the policy or policies issued.
Miscellaneous Insurance Matters. (a) Any insurance coverage required to be provided by the Managing Partner/Owner in this Section 9, shall be considered at all times to be primary insurance and any coverage carried by any Partner in its individual capacity, shall be considered excess insurance. Additionally, the Managing Partner shall require all contractors and subcontractors of the Partnership to comply fully with the Occupational Safety and Health Act of 1970, as amended from time-to-time.
