Common use of Protection and Indemnity Liability Insurance Clause in Contracts

Protection and Indemnity Liability Insurance. Lessee shall obtain and keep in force Protection and Indemnity liability insurance, written on a form acceptable to the Port, protecting Lessee and the Port, as an Additional Assured, against claims involving or arising out of operations in which owned or non-owned vessels, boats, work skiffs, or floating platforms, are used on or about the Premises. Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than one million dollars ($1,000,000) per occurrence. The policy shall not contain any intra-insured exclusions as between insured persons or organizations.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Protection and Indemnity Liability Insurance. Lessee shall obtain and keep in force Protection and Indemnity liability insurance, written on a form acceptable to the Port, protecting Lessee and the Port, as an Additional Assured, against claims involving or arising out of operations in which owned or non-owned vessels, boats, work skiffs, or floating platforms, are used on or about the Premises. Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than one million dollars ($1,000,000$ ,000,000) per occurrence. The policy shall not contain any intra-insured exclusions as between insured persons or organizations.

Appears in 1 contract

Samples: Lease Agreement

Protection and Indemnity Liability Insurance. Lessee shall obtain and keep in force Protection and Indemnity liability insurance, written on a form acceptable to the Port, protecting Lessee and the Port, as an Additional Assured, against claims involving or arising out of operations in which owned or non-owned vessels, boats, work skiffs, or floating platforms, are used on or about the Premises. Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than one five million dollars ($1,000,0005,000,000) per occurrence. The policy shall not contain any intra-insured exclusions as between insured persons or organizations.

Appears in 1 contract

Samples: Lease Agreement

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Protection and Indemnity Liability Insurance. Lessee shall obtain and keep in force Protection and Indemnity liability insurance, written on a form acceptable to the Port, protecting Lessee and the Port, as an Additional Assured, against claims involving or arising out of operations in which owned or non-owned vessels, boats, work skiffs, or floating platforms, are used on or about the Premises. Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than one (one) million dollars ($1,000,000) per occurrence. The policy shall not contain any intra-insured exclusions as between insured persons or organizations.

Appears in 1 contract

Samples: Lease Agreement

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