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

Professional Liability (Errors and Omissions Liability. Basis Minimum Limits 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, the Qualified Vendor 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 wrongful acts for those positions defined in the Scope of Work of this Agreement.

Professional Liability (Errors and Omissions Liability. Basis Minimum Limits 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, the Qualified Vendor warrants Vendorwarrants 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 wrongful acts for those forthose positions defined in the Scope of Work of this Agreement.

Professional Liability (Errors and Omissions Liability. Basis Minimum Limits Each Claim $1,000,000 2,000,000 Annual Aggregate $2,000,000 a. In the event that If the professional liability insurance required by this Agreement is written on a claims-made basis, the Qualified Vendor warrants that any retroactive date under the policy shall precede the effective date of this Agreement; and that either continuous coverage will be maintained 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 wrongful acts for those forthose positions defined in the Scope of Work of this Agreement.

Professional Liability (Errors and Omissions Liability. Basis Minimum Limits 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, the Qualified Vendor warrants Vendorwarrants 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 wrongful acts for those positions defined in the Scope of Work of this Agreement.