Common use of PROJECT MANAGEMENT PROTECTIVE LIABILITY INSURANCE Clause in Contracts

PROJECT MANAGEMENT PROTECTIVE LIABILITY INSURANCE. 16.3.1 Optionally, the Owner may require the Contractor to purchase and maintain Project Management Protective Liability insurance from the Contractor’s usual sources as primary coverage for the Owner’s, Contractor’s and Architect’s vicarious liability for construction operations under the Contract. Unless otherwise required by the Contract Documents, the Owner shall reimburse the Contractor by increasing the Contract Sum to pay the cost of purchasing and maintaining such optional insurance coverage, and the Contractor shall not be responsible for purchasing any other liability insurance on behalf of the Owner. The minimum limits of liability purchased with such coverage shall be equal to the aggregate of the limits required for Contractor’s Liability insurance under Paragraph 16.1. 16.3.2 To the extent damages are covered by Project Management Protective Liability insurance, the Owner, Contractor and Architect waive all rights against each other for damages, except such rights as they may have to the proceeds of such insurance. The policy shall provide for such waivers of subrogation by endorsement or otherwise. 16.3.3 The Owner shall not require the Contractor to include the Owner, Architect or other persons or entities as additional insureds on the Contractor’s Liability insurance under Paragraph 16.1.

Appears in 1 contract

Samples: Construction Contract (Omtool LTD)

AutoNDA by SimpleDocs

PROJECT MANAGEMENT PROTECTIVE LIABILITY INSURANCE. 16.3.1 § 11.3.1 Optionally, the Owner may require the Contractor to purchase and maintain Project Management Protective Liability insurance from the Contractor’s 's usual sources as primary coverage for the Owner’s's, Contractor’s 's and Architect’s 's vicarious liability for construction operations under the Contract. Unless otherwise required by the Contract Documents, the Owner shall reimburse the Contractor by increasing the Contract Sum to pay the cost of purchasing and maintaining such optional insurance coverage, and the Contractor shall not be responsible for purchasing any other liability insurance on behalf of the Owner. The minimum limits of liability purchased with such coverage shall be equal to the aggregate of the limits required for Contractor’s 's Liability insurance Insurance under Paragraph 16.1Sections 11.1.1.2 through 11.1.1.5. 16.3.2 § 11.3.2 To the extent damages are covered by Project Management Protective Liability insurance, the Owner, Contractor and Architect waive all rights against each other for damages, except such rights as they may have to the proceeds of such insurance. The policy shall provide for such waivers of subrogation by endorsement or otherwise. 16.3.3 § 11.3.3 The Owner shall not require the Contractor to include the Owner, Architect or other persons or entities as additional insureds on the Contractor’s 's Liability insurance Insurance coverage under Paragraph 16.1Section 11.1.

Appears in 1 contract

Samples: Construction Contract (Sierra Pacific Resources /Nv/)

PROJECT MANAGEMENT PROTECTIVE LIABILITY INSURANCE. 16.3.1 11.3.1 Optionally, the Owner may require the Contractor to purchase and maintain Project Management Protective Liability insurance from the Contractor’s 's usual sources as primary coverage for the Owner’s's, Contractor’s 's and Architect’s 's vicarious liability for construction operations under the Contract. Unless otherwise required by the Contract Documents, the Owner shall reimburse the Contractor by increasing the Contract Sum to pay the cost of purchasing and maintaining such optional insurance coverage, and the Contractor shall not be responsible for purchasing any other liability insurance on behalf of the Owner. The minimum limits of liability purchased with such coverage shall be equal to the aggregate of the limits required for Contractor’s 's Liability insurance Insurance under Paragraph 16.1Clauses 11.1.1.2 through 11.1.1.5. 16.3.2 11.3.2 To the extent damages are covered by Project Management Protective Liability insurance, the Owner, Contractor and Architect waive all rights against each other for damages, except such rights as they may have to the proceeds of such insurance. The policy shall provide for such waivers of subrogation by endorsement or otherwise. 16.3.3 11.3.3 The Owner shall not require the Contractor to include the Immunicon Corporation (Tenant); Masons Mill Partners LP (Owner, Architect or other persons or entities ); Woodmount Company (Property Management) as additional insureds on the Contractor’s 's Liability insurance Insurance coverage under Paragraph 16.111.1.

Appears in 1 contract

Samples: Lease Agreement (Immunicon Corp)

PROJECT MANAGEMENT PROTECTIVE LIABILITY INSURANCE. 16.3.1 Optionally, the Owner may require the Contractor to purchase and maintain Project Management Protective Liability insurance from the Contractor’s =s usual sources as primary coverage for the Owner’s=s, Contractor’s =s and Architect’s =s vicarious liability for construction operations under the Contract. Unless otherwise required by the Contract Documents, the Owner shall reimburse the Contractor by increasing the Contract Sum sum to pay the cost of purchasing and maintaining such optional insurance coverage, and the Contractor shall not be responsible for purchasing any other liability insurance on behalf of the Owner. The minimum limits of liability purchased with such coverage shall be equal to the aggregate of the limits required for Contractor’s =s Liability insurance under Paragraph 16.1. 16.3.2 To the extent damages are covered by Project Management Protective Liability insurance, the Owner, Contractor and Architect waive all rights against each other for damages, except such rights as they may have to the proceeds of such insurance. The policy shall provide for such waivers of subrogation by endorsement or otherwise. 16.3.3 The Owner shall not require the Contractor to include the Owner, Architect or other persons or entities as additional insureds on the Contractor’s =s Liability insurance under Paragraph 16.1.

Appears in 1 contract

Samples: Abbreviated Standard Form of Agreement Between Owner and Contractor for Construction Projects of Limited Scope

AutoNDA by SimpleDocs

PROJECT MANAGEMENT PROTECTIVE LIABILITY INSURANCE. 16.3.1 Optionally, the Owner may require the Contractor to purchase and maintain Project Management Protective Liability insurance from the Contractor’s 's usual sources as primary coverage for the Owner’s's, Contractor’s 's and Architect’s 's vicarious liability for construction operations under the Contract. Unless otherwise required by the Contract Documents, the Owner shall reimburse the Contractor by increasing the Contract Sum to pay the cost of purchasing and maintaining such optional insurance coverage, and the Contractor shall not be responsible for purchasing any other liability insurance on behalf of the Owner. The minimum limits of liability purchased with such coverage shall be equal to the aggregate of the limits required for Contractor’s 's Liability insurance under Paragraph 16.116. 1. 16.3.2 To the extent damages are covered by Project Management Protective Liability insurance, the Owner, Contractor and Architect waive all rights against each other for damages, except such rights as they may have to the proceeds of such insurance. The policy shall provide for such waivers of subrogation by endorsement or otherwise. 16.3.3 The Owner shall not require the Contractor to include the Owner, Architect or other persons or entities as additional insureds on the Contractor’s 's Liability insurance under Paragraph 16.116. 1.

Appears in 1 contract

Samples: Construction Contract

PROJECT MANAGEMENT PROTECTIVE LIABILITY INSURANCE. 16.3.1 Optionally, the Owner may require the Contractor to purchase and maintain Project Management Protective Liability insurance from the Contractor’s 's usual sources as primary coverage for the Owner’s's, Contractor’s 's and Architect’s 's vicarious liability for construction operations under the Contract. Unless otherwise required by the Contract Documents, the Owner shall reimburse the Contractor by increasing the Contract Sum to pay the cost of purchasing and maintaining such optional insurance coverage, and the Contractor shall not be responsible for purchasing any other liability insurance on behalf of the Owner. The minimum limits of liability purchased with such coverage shall be equal to the aggregate of the limits required for Contractor’s 's Liability insurance under Paragraph 16.1. 16.3.2 To the extent damages are covered by Project Management Protective Liability insurance, the Owner, Contractor and Architect waive all rights against each other for damages, except such rights as they may have to the proceeds of such insurance. The policy shall provide for such waivers of subrogation by endorsement or otherwise. 16.3.3 The Owner shall not require the Contractor to include the Owner, Architect or other persons or entities as additional insureds on the Contractor’s 's Liability insurance under Paragraph 16.1.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor

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