Common use of Public Liability and Workers' Compensation Insurance Clause in Contracts

Public Liability and Workers' Compensation Insurance. A certificate from an insurance company indicating that the Borrower is covered by general liability and worker's compensation insurance shall be approved by the City and as required by the First Deed of Trust Lender and equity investor. The City of Durham must be named as additional insured on the liability policy. The certificate and the endorsement providing additional insured coverage must be originals. All insurance must be provided by companies with a Best rating of A or better and companies authorized to do business in North Carolina.

Public Liability and Workers' Compensation Insurance. A certificate from an insurance company indicating that the Borrower is covered by general liability and worker's compensation insurance shall be approved by to the City and as required by satisfaction of the First Deed of Trust Lender and equity investorCity's Risk Manager. The City of Durham must be named as additional insured on the liability policy. The certificate and the endorsement providing additional insured coverage must be originals. All insurance must be provided by companies with a Best rating of A or better and companies authorized to do business in North Carolina.

Public Liability and Workers' Compensation Insurance. A certificate from an insurance company indicating that the Borrower is covered by general public liability and worker's compensation insurance shall be approved by to the City and as required by satisfaction of the First Deed of Trust Lender and equity investorCity's Risk Manager. The City of Durham must be named as additional insured on the liability policy. The certificate and the endorsement providing additional insured coverage must be originals. All insurance must be provided by companies with a Best rating of A or better and companies authorized to do business in North Carolina.