Processor pays Producer’s Insurers Sample Clauses

Processor pays Producer’s Insurers. Likewise, with respect to the liabilities assumed by Producer hereunder with respect to death or bodily injury to persons arising under all non-maritime work or services performed by Producer for Processor under this Agreement in or offshore the State of Louisiana (collectively, “Producer’s Louisiana Liabilities”), if any, Processor on behalf of Process Group shall pay Producer’s insurers the premium required by Producer’s insurers for extending its insurance policies to cover Processor Group for Producer’s Louisiana Liabilities by naming the Processor Group as additional insured for Producer’s Louisiana Liabilities, waiving subrogation against Processor Group for Producer’s Louisiana Liabilities, and being primary with respect to any other coverage in favor of Processor Group for Producer’s Louisiana Liabilities, subject to policy terms, conditions and exclusions. Upon written notification by Processor seeking the exercise of this option, Producer will arrange to have Processor billed for the premium required by Producer’s insurers. Producer agrees that it will obtain a letter from its insurers confirming the extension (or provision) of insurance coverage in favor of Processor Group in accordance with the requirements set forth herein. Nothing in this Article 16.08(b) shall affect any liabilities assumed or indemnities or insurance to be provided by Producer under this Agreement other than for Producer’s Louisiana Liabilities.
Sample 1
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Related to Processor pays Producer’s Insurers

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