Common use of Professional Errors and Omissions Coverage Clause in Contracts

Professional Errors and Omissions Coverage. Consultant agrees to carry Professional Errors and Omissions Liability insurance on a policy form appropriate to the professionals providing the Services hereunder with a limit of no less than $2,000,000 per claim. Consultant shall maintain this insurance for damages alleged to be as a result of errors, omissions, or negligent acts of Consultant. Such policy shall have a retroactive date effective before the commencement of any work by Consultant on the Services covered by this Agreement, and coverage will remain in force for a period of at least three (3) years after termination of this Agreement.

Appears in 12 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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Professional Errors and Omissions Coverage. Consultant agrees to carry Professional Errors and Omissions Liability insurance on a policy form appropriate to the professionals providing the Services hereunder with a limit of no less than $2,000,000 per claim. Consultant shall maintain this insurance for damages alleged to be as a result of errors, omissions, or negligent acts of Consultant. Such policy shall have a retroactive date effective before the commencement of any work by Consultant on the Services covered by this Agreement, and coverage will remain in force for a period of at least three (3) years after termination of this Agreementthereafter.

Appears in 4 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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Professional Errors and Omissions Coverage. Consultant agrees to carry Professional Errors and Omissions Liability insurance on a policy form appropriate to the professionals providing the Services hereunder with a limit of no less than $2,000,000 per claimclaim and aggregate. Consultant shall maintain this insurance for damages alleged to be as a result of negligent errors, omissions, or negligent acts of Consultant. Such policy shall have a retroactive date effective before the commencement of any work services by Consultant on the Services covered by this Agreement, and coverage will remain in force for a period of at least three (3) years after termination of this Agreement.

Appears in 1 contract

Samples: Professional Services Agreement

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