Common use of MX Insurance Requirements Clause in Contracts

MX Insurance Requirements. During the Term, MX shall obtain and maintain the following insurance coverage or self-insure in the following amounts: (a) Commercial general liability insurance in the amount of at least five million dollars ($5,000,000) per occurrence and at least ten million dollars ($10,000,000) in the annual aggregate; (b) Comprehensive professional liability (errors and omissions) insurance covering the liability for financial loss due to error, omission or negligence of MX in the amount of at least five million dollars ($5,000,000) per occurrence and at least ten million dollars ($10,000,000) in the annual aggregate; and (c) Network security liability insurance and privacy liability insurance in the amount of at least ten million dollars ($10,000,000) per occurrence and at least ten million dollars ($10,000,000) in the annual aggregate.

MX Insurance Requirements. During the Term, MX shall obtain and maintain the following insurance coverage or self-insure in the following amounts: (a) : Commercial general liability insurance in the amount of at least five million dollars ($5,000,000) per occurrence and at least ten million dollars ($10,000,000) in the annual aggregate; (b) ; Comprehensive professional liability (errors and omissions) insurance covering the liability for financial loss due to error, omission or negligence of MX in the amount of at least five million dollars ($5,000,000) per occurrence and at least ten million dollars ($10,000,000) in the annual aggregate; and (c) and Network security liability insurance and privacy liability insurance in the amount of at least ten million dollars ($10,000,000) per occurrence and at least ten million dollars ($10,000,000) in the annual aggregate.