Common use of Professional Liability (Errors and Omissions Liability Clause in Contracts

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. In the event that the professional liability insurance required by this Agreement is written on a claims-made basis, CoP warrants that any retroactive date under the policy shall precede the effective date of this Agreement; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Agreement is completed. b. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of this Agreement.

Appears in 2 contracts

Samples: Marketing Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. i. In the event that the professional liability insurance required by this Agreement Contract is written on a claims-made basis, CoP Contractor warrants that any retroactive date under the policy shall precede the effective date of this AgreementContract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Agreement Contract is completed. b. ii. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of this Agreementcontract.

Appears in 1 contract

Samples: Contract

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. 2,000,000 In the event that the professional liability insurance required by this Agreement herein is written on a claims-made basis, CoP Company warrants that any retroactive date under the policy shall precede the effective date Effective Date of this Agreement; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Agreement is completed. b. completion of the Project. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of this Agreementskill.

Appears in 1 contract

Samples: Testing & Facility Use Agreement

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. In the event that the professional liability insurance required by this Agreement is written on a claims-made basis, CoP the Contractor warrants that any retroactive coverage date under the policy shall precede be no later than the effective date of this Agreement; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Agreement is completed. b. The policy shall cover professional misconduct or lack of ordinary skill wrongful acts for those positions defined in the Scope of Work of this AgreementContract.

Appears in 1 contract

Samples: Regulatory Compliance Addendum

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. In the event that If the professional liability insurance required by this Agreement Contract is written on a claims-made basis, CoP Vendor warrants that any retroactive date under the policy shall will precede the effective date of this AgreementContract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) 2 years beginning at the time work under this Agreement Contract is completed. b. The policy shall Policy will cover professional misconduct or lack of ordinary skill for those positions defined in the Scope scope of Work work of this AgreementContract.

Appears in 1 contract

Samples: Independent Contractor Agreement

AutoNDA by SimpleDocs

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. In the event that the professional liability insurance required by this Agreement Contract is written on a claims-claims- made basis, CoP Contractor warrants that any retroactive date under the policy shall precede the effective date of this AgreementContract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Agreement Contract is completed. b. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of this Agreementcontract.

Appears in 1 contract

Samples: Cooperative Purchasing Agreement

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. In the event that the professional liability insurance required by this Agreement Contract is written on a claims-made basis, CoP Contractor warrants that any retroactive date under the policy shall precede the effective date of this AgreementContract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Agreement Contract is completed. b. The policy shall cover professional misconduct or lack of ordinary skill negligent acts for those positions defined in the Scope of Work of this Agreementcontract.

Appears in 1 contract

Samples: Firming Power Agreement

Professional Liability (Errors and Omissions Liability. Each Claim $1,000,000 Annual Aggregate $2,000,000 a. In the event that the professional liability insurance required by this Agreement contract is written on a claims-claims- made basis, CoP Contractor warrants that any retroactive date under the policy shall precede the effective date of this Agreementcontract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Agreement contract is completed. b. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of this Agreementcontract.

Appears in 1 contract

Samples: Regulatory Compliance Addendum

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!