Professional Liability or Errors and Omissions Sample Clauses

Professional Liability or Errors and Omissions. Errors and Omissions insurance appropriate to the Consultant’s profession (“E&O Insurance”), with limit no less than $1,000,000 per occurrence or claim, If Consultant maintains higher limits than the minimums shown above, the City requires and shall be entitled to coverage for the higher limits maintained by Consultant.
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Professional Liability or Errors and Omissions liability insurance to cover Losses due to Supplier’s errors or omissions in the performance or failure to perform its professional Services obligations or responsibilities under the Order, with a per claim limit in an amount not less than the greater of $2,000,000 and the value of the applicable Purchase Order(s) and the greater of $2,000,000 or the value of the applicable Purchase Order(s) in the annual aggregate;
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Professional Liability or Errors and Omissions. Errors and Omissions insurance appropriate to the Contractor’s profession (“E&O Insurance”), with limit no less than $1,000,000 per occurrence or claim,
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Professional Liability or Errors and Omissions. Insurance having limits of $1 million per claim and $1 million aggregate liability. The Municipality shall be named as an additional insured with respect to the coverages set forth in (b) and (c) above, and the certificates furnished by the Consultant shall so reflect. The Consultant shall endeavor to give notice of any cancellation of coverage to the Municipality at least thirty (30) days before the cancellation occurs. The obligations imposed on the Consultant by this Article 9 shall survive any termination or cancellation of this Agreement.
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Professional Liability or Errors and Omissions. Liability insurance appropriate to the CONTRACTOR'S profession.
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Professional Liability or Errors and Omissions insurance acceptable to Owner covering Consultant's liabilities for loss due to error, omission, negligence, mistakes, or failure to take appropriate action in the performance of business or professional duties of their employees in the amount of at least $1,000,000 per claim and in the aggregate shall be procured and maintained during the Agreement term and for a period of at least one ( 1) year after completion of the Agreement evidenced either by renewal of the policy for one year or by endorsement or addition of an Extended Reporting (or Discover y) Period for at least one year following the policy expiration date. Policy shall also be endorsed to provide contingent bodily injury and property damage liability coverage.
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Professional Liability or Errors and Omissions with a deductible not to exceed
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Professional Liability or Errors and Omissions insurance acceptable to Owner covering Consultant's liabilities for loss due to error, omission, negligence, mistakes, or failure to take appropriate action in the performance of business or professional duties of their employees in the amount of at least $1,000,000 per claim and in the aggregate shall be procured and maintained during the Agreement term and for a period of at least one ( 1) year after completion of the Agreement evidenced either by renewal of the policy for one year or by endorsement or addition of an Extended Reporting (or Discover y) Period for at least one year following the policy expiration date. Policy shall also be endorsed to provide contingent bodily injury and property damage liability coverage.
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Related to Professional Liability or Errors and Omissions

  • Professional Liability (Errors and Omissions) For consultant contracts, insurance appropriate to Consultant’s profession, with limit no less than $1,000,000 per occurrence or claim, $2,000,000 aggregate.

  • Errors and Omissions All reports, files and other documents prepared and submitted by Contractor shall be complete and shall be carefully checked by the professional(s) identified by Contractor as project manager and key personnel attached hereto, prior to submission to the County. Contractor agrees that County review is discretionary and Contractor shall not assume that the County will discover errors and/or omissions. If the County discovers any errors or omissions prior to approving Contractor’s reports, files and other written documents, the reports, files or documents will be returned to Contractor for correction. Should the County or others discover errors or omissions in the reports, files or other written documents submitted by the Contractor after County approval thereof, County approval of Contractor’s reports, files or documents shall not be used as a defense by Contractor in any action between the County and Contractor, and the reports, files or documents will be returned to Contractor for correction.

  • Correction of Errors and Omissions; Other Liabilities (a) In the event any bookkeeping omissions or errors are discovered in preparing any pro forma statement or in completing the transfers and assumptions contemplated hereby, the parties hereto agree to correct such errors and omissions, it being understood that, as far as practicable, all adjustments will be made consistent with the judgments, methods, policies or accounting principles utilized by the Failed Bank in preparing and maintaining Accounting Records, except that adjustments made pursuant to this Section 8.2(a) are not intended to bring the Accounting Records of the Failed Bank into accordance with generally accepted accounting principles. (b) If the Receiver discovers at any time subsequent to the date of this Agreement that any claim exists against the Failed Bank which is of such a nature that it would have been included in the liabilities assumed under Article II had the existence of such claim or the facts giving rise thereto been known as of Bank Closing, the Receiver may, in its discretion, at any time, require that such claim be assumed by the Assuming Institution in a manner consistent with the intent of this Agreement. The Receiver will make appropriate adjustments to the pro forma statement provided by the Receiver to the Assuming Institution pursuant to Section 8.1 as may be necessary.

  • Professional Liability Before commencing work on this Agreement and throughout the term of this Agreement, the Party shall procure and maintain professional liability insurance for any and all services performed under this Agreement, with minimum coverage of $1,000,000 per occurrence, and $3,000,000 policy aggregate.

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