Common use of Operator’s Insurance Clause in Contracts

Operator’s Insurance. Operator shall obtain and maintain at its own expense so long as it is Operator under this Agreement all required Workmen’s Compensation Insurance and comprehensive general public liability insurance in amounts and coverage not less than $1,000,000 per person per occurrence for personal injury or death and $1,000,000 for property damage per occurrence, which shall include coverage for blow-outs, and total liability coverage of not less than $10,000,000. Subject to the above limits, the Operator’s general public liability insurance shall be in all respects comparable to that generally maintained in the industry with respect to services of the type to be rendered and activities of the type to be conducted under this Agreement. Operator’s general public liability insurance shall, if permitted by Operator’s insurance carrier: (i) name the Developer as an additional insured party; and (ii) provide that at least thirty (30) days’ prior notice of cancellation and any other adverse material change in the policy shall be given to the Developer. However, the Developer shall reimburse Operator for the additional cost, if any, of including it as an additional insured party under the Operator’s insurance. Current copies of all policies or certificates of the Operator’s insurance coverage shall be delivered to the Developer on request. It is understood and agreed that Operator’s insurance coverage may not adequately protect the interests of the Developer and that the Developer shall carry at its expense the excess or additional general public liability, property damage, and other insurance, if any, as the Developer deems appropriate.

Operator’s Insurance. Operator shall obtain and maintain at its own expense so long as it is Operator under this Agreement all required Workmen’s Compensation Insurance and comprehensive general public liability insurance in amounts and coverage not less than $1,000,000 per person per occurrence for personal injury or death and $1,000,000 for property damage per occurrence, which shall include coverage for blow-outs, outs and total liability coverage of not less than $10,000,000. Subject to the above limits, the Operator’s general public liability insurance shall be in all respects comparable to that generally maintained in the industry with respect to services of the type to be rendered and activities of the type to be conducted under this Agreement. Operator’s general public liability insurance shall, if permitted by Operator’s insurance carrier: (i) name the Developer as an additional insured party; and (ii) provide that at least thirty (30) days’ prior notice of cancellation and any other adverse material change in the policy shall be given to the Developer. However, the Developer shall reimburse Operator for the additional cost, if any, of including it as an additional insured party under the Operator’s insurance. Current copies of all policies or certificates of the Operator’s insurance coverage shall be delivered to the Developer on request. It is understood and agreed that Operator’s insurance coverage may not adequately protect the interests of the Developer and that the Developer shall carry at its expense the excess or additional general public liability, property damage, and other insurance, if any, as the Developer deems appropriate.

Operator’s Insurance. Subcontractors' Insurance; Operator's Liability. (a) Operator's Insurance. Operator shall obtain and maintain at its own expense so long as it is Operator under this Agreement all required Workmen’s 's Compensation Insurance and comprehensive general public liability insurance in amounts and coverage not less than $1,000,000 per person per occurrence for personal injury or death and $1,000,000 for property damage per occurrence, which insurance shall include coverage for blow-outs, outs and total liability coverage of not less than $10,000,000. Subject to the above limits, the Operator’s 's general public liability insurance shall be in all respects comparable to that generally maintained in the industry with respect to services of the type to be rendered and activities of the type to be conducted under this Agreement. ; Operator’s 's general public liability insurance shall, if permitted by Operator’s 's insurance carrier: (i) name the Developer as an additional insured party; and (ii) provide that at least thirty (30) days’ ' prior notice of cancellation and any other adverse material change in the policy shall be given to the Developer. However, the Developer shall reimburse Operator for the additional cost, if any, of including it as an additional insured party under the Operator’s 's insurance. Current copies of all policies or certificates of the Operator’s 's insurance coverage shall be delivered to the Developer on request. It is understood and agreed that Operator’s 's insurance coverage may not adequately protect the interests of the Developer and that the Developer shall carry at its expense the such excess or additional general public liability, property damage, and other insurance, if any, as the Developer deems appropriate.