Common use of Public Liability and Property Damage Insurance Clause in Contracts

Public Liability and Property Damage Insurance. At all times that Developer is constructing any Improvements, Developer shall maintain in effect a policy of comprehensive general liability insurance with a per-occurrence combined single limit of one million dollars ($1,000,000) and a deductible of not more than fifty thousand dollars ($ 50,000) per claim. The policy so maintained by Developer shall name the Town as an additional insured and shall include either a severability of interest clause or cross-liability endorsement.

Appears in 3 contracts

Samples: Loomis Development Agreement, Loomis Development Agreement, Loomis Development Agreement

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Public Liability and Property Damage Insurance. At all times that Developer is constructing any Improvements, Developer shall maintain in effect a policy of comprehensive general liability insurance with a per-occurrence combined single limit of one million dollars ($1,000,000) and a deductible of not more than fifty thousand dollars ($ 50,000) per claim. The policy so maintained by Developer shall name the Town as an additional insured and shall include either a severability of interest clause or cross-liability endorsement.endorsement.‌

Appears in 1 contract

Samples: Loomis Development Agreement

Public Liability and Property Damage Insurance. At all times that During the term of this Agreement, whenever Developer is constructing any Improvementsconducting work on the Property pursuant to the Project Approvals, Developer shall maintain in effect a policy of comprehensive general liability insurance with a per-occurrence combined single limit of one million dollars not less than One Million Dollars ($1,000,0001,000,000.00) and with a deductible of not more than fifty thousand dollars One Hundred Thousand Dollar ($ 50,000$100,000) self-insurance retention per claim. The policy so maintained by Developer shall name the Town City as an additional insured and shall include either a severability of interest clause or cross-liability endorsement.

Appears in 1 contract

Samples: Development Agreement

Public Liability and Property Damage Insurance. At all times that Developer is constructing any Improvementsimprovements to the Property, Developer shall maintain in effect a policy of comprehensive general liability insurance with a per-occurrence combined single limit of one five million dollars ($1,000,0005,000,000) and a deductible of not more than fifty thousand dollars ($ $50,000) per claim. The policy so maintained by Developer shall name the Town City as an additional insured and shall include either a severability of interest clause or cross-liability endorsement.

Appears in 1 contract

Samples: Development Agreement

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Public Liability and Property Damage Insurance. At all times that Developer is constructing any Improvementsimprovements that will become public improvements, Developer shall maintain in effect a policy of comprehensive general liability insurance with a per-occurrence combined single limit of not less than one million dollars ($1,000,0001,000,000.00) and a deductible of not more than fifty ten thousand dollars ($ 50,000$10,000.00) per claim. The policy so maintained by Developer shall name the Town City as an additional insured and shall include either a severability of interest clause or cross-liability endorsement.

Appears in 1 contract

Samples: Development Agreement

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