Common use of Operational Insurance Clause in Contracts

Operational Insurance. 12.2.1 Workers’ Compensation and employer’s liability insurance as may be required under Applicable Laws covering all of the Hotel Employees, with such deductible limits in an amount not to exceed $25,000 and waiver of subrogation in favor of Owner will be procured and maintained by the Manager.

Appears in 4 contracts

Samples: Hotel Management Agreement (Procaccianti Hotel Reit, Inc.), Hotel Management Agreement (Procaccianti Hotel Reit, Inc.), Management Agreement (Procaccianti Hotel Reit, Inc.)

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Operational Insurance. 12.2.1 Workers’ Compensation and employer’s liability insurance as may be required under Applicable Laws covering all of the Hotel Employees, with such deductible limits in an amount not to exceed $25,000 and waiver of subrogation in favor of Owner will be procured and maintained by the Manager.. Management Agreement - Page 24

Appears in 1 contract

Samples: Hotel Management Agreement (Procaccianti Hotel Reit, Inc.)

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