Products Insurance Sample Clauses

Products Insurance. The Recipient must at any time during the continuance of this Agreement in relation to any Retained Products following Delivery Acceptance of that Retained Products and in compliance with any Supplier Direction: (a) (insurances): procure in compliance with any Supplier Direction in the name of the Recipient and the Supplier: (i) insurance against all risks of loss or damage due to any cause of any Retained Products of an insurable nature to its full reinstatement value or a lesser amount approved by the Supplier; and (ii) public risk, workers’ compensation, product liability and any other insurance reasonably requested by the Supplier in relation to the Retained Products; (b) (premium payments): pay any cost necessary for the protection of any insurance; (c) (insurers): procure each insurance with an independent, reputable and solvent insurer approved by the Supplier; (d) (information): provide to the Supplier upon request any certificate of currency and upon request any other specific information reasonably requested by the Supplier in relation to any insurance; (e) (protection): not perform or permit any action which may cause any prejudicial effect to any insurance or potential claim under any insurance; (f) (collection): perform any action and provide any document, evidence and information necessary to enable the Supplier to recover any moneys due at any time under any insurance; (g) (notification): notify the Supplier of any fact giving rise to any claim under any insurance, and any material amendment to any insurance, immediately following notice of that fact or amendment by the Recipient; (h) (validity): not perform or permit any action which may cause the termination of, or a material change or reduction in, any insurance without the prior written consent of the Supplier; (i) (rectification): permit the Supplier without liability to procure any insurance at the full cost of the Recipient in the event of any default by the Recipient under this provision or the invalidity of any insurance; and (j) (separate cover): promptly upon request by the Supplier complete, or provide relevant information for the completion of, any proposal for separate or additional insurance that the Supplier decides to procure.
Sample 1
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Products Insurance. Appropriate Products Liability to be included in combined single limit liability with limits of not less than one million dollars ($1,000,000).
Sample 1
Products Insurance. Seller shall provide proof of insurance in an amount of not less than $1,000,000 for products at its facility covering the period of construction. If Buyer requires to be named as an additional insured, Buyer shall pay the cost of such designation.
Sample 1

Related to Products Insurance

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Tail Insurance Buyer shall deliver evidence of its tail insurance coverage required by Section 6.13 hereof.

  • Business Insurance The Transaction Entities and their respective subsidiaries carry or are entitled to the benefits of insurance, with financially sound and reputable insurers, in such amounts and covering such risks as is generally maintained by companies of established repute engaged in the same or similar business, and all such insurance is in full force and effect. Neither of the Transaction Entities has any reason to believe that it or any of their respective subsidiaries will not be able to (A) renew, if desired, its existing insurance coverage as and when such policies expire or (B) obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted and at a cost that would not reasonably be expected to, singly or in the aggregate, result in a Material Adverse Effect.

  • Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Commercial General Liability Insurance Policy Provide a Commercial General Liability Insurance Policy, including contractual liability, in adequate quantity to protect against legal liability arising out of contract activity but no less than $1,000,000 per occurrence. Additionally, the CONTRACTOR is responsible for ensuring that any subcontractors provide adequate insurance coverage for the activities arising out of subcontracts.

  • Commercial Umbrella Liability Insurance The Contractor shall provide a Commercial Umbrella Liability Insurance to provide excess coverage above the Commercial General Liability, Commercial Business Automobile Liability and the Workers' Compensation and Employers' Liability to satisfy the minimum limits set forth herein. The umbrella coverage shall follow form with the Umbrella limits required as follows: $ 2,000,000 per Occurrence $2,000,000 per Occurrence $ 4,000,000 Aggregate $10,000,000 Aggregate Additional Requirements for Commercial Umbrella Liability Insurance are shown below at Paragraph 1.5.3.3.6.

  • FDIC Insurance For any deposit accounts you open, the FDIC requires Bank to disclose, and you hereby acknowledge, that deposits held by Evolve Bank & Trust are insured up to $250,000 federal deposit insurance limit, per depositor for each ownership category.

  • The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies, if written on a Claims First Made Basis, shall be maintained in full force and effect for two (2) years after termination of this LGIA, which coverage may be in the form of tail coverage or extended reporting period coverage if agreed by the Parties.

  • Travel Insurance The Employer shall provide and pay the full cost for travel insurance to cover all members of the bargaining unit for all modes of travel, in the amount of $200,000.00. The travel insurance policy shall also cover employees while on union business.

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