Common use of Policy Provisions Clause in Contracts

Policy Provisions. Client’s Insurance Policy will provide that: (a) MSG and its affiliates and each of their respective members, managers, shareholders, officers, directors, partners, employees, agents, licensees and guests are designated as additional insureds (without responsibility for premiums) with respect to the liability coverage; (b) The insurer waives any right of set-off and any right of subrogation against any of the additional insureds; (c) No cancellation or substantial change in coverage of or failure to renew the Client’s Insurance Policy shall be effective as to the additional insureds for thirty (30) days (seven (7) days, in the case of war risk or allied perils) after receipt by MSG of written notice from the insurer of any such cancellation or substantial change in coverage of the policy; (d) All coverages will be primary, not subject to any co-insurance clause, not contributory or subject to offset with respect to any other policies in force; (e) The insurance will include a severability of interest clause providing that Client’s Insurance Policy will operate in the same manner to give each insured the same protection as if there were a separate policy issued to each insured except for the limit of liability; and (f) The “Approved Pilots” section will require any appropriately rated two pilot flight crew consisting of pilots approved by the Chief Pilot of the Named Insured or MSG Aviation, LLC or their designee, and the “Territory” section will provide Worldwide Coverage

Policy Provisions. Client’s Insurance Policy will provide that: (a) MSG and its affiliates and each of their respective members, managers, shareholders, officers, directors, partners, employees, agents, licensees and guests are designated as additional insureds (without responsibility for premiums) with respect to the liability coverage; (b) The insurer waives any right of set-off and any right of subrogation against any of the additional insureds; (c) No cancellation or substantial change in coverage of or failure to renew the Client’s Insurance Policy shall be effective as to the additional insureds for thirty (30) days (seven (7) days, in the case of war risk or allied perils) after receipt by MSG of written notice from the insurer of any such cancellation or substantial change in coverage of the policy; (d) All coverages will be primary, not subject to any co-insurance clause, not contributory or subject to offset with respect to any other policies in force; (e) The insurance will include a severability of interest clause providing that Client’s Insurance Policy will operate in the same manner to give each insured the same protection as if there were a separate policy issued to each insured except for the limit of liability; and (f) The “Approved Pilots” section will require any appropriately rated two pilot flight crew consisting of pilots all Pilots to be approved by the Chief Pilot of the Named Insured or Client and MSG Aviation, LLC or their designee, and the “Territory” section will provide Worldwide Coverage