Common use of Public Risk Clause in Contracts

Public Risk. The Customer must keep current at all times during the term of this Agreement (without in any way limiting the liability of the Customer under clauses 9.1 and 9.2), a policy of public risk insurance applicable to the Land and the Facilities for such amount as Transpower may from time to time reasonably require (being the amount which may be paid out arising out of any one single accident or event).

Public Risk. The Customer must keep current at all times during the term of this Agreement (without in any way limiting the liability of the Customer under clauses 9.1 and 9.29.2 of this Schedule), a policy of public risk insurance applicable to the Land and the Facilities for such amount as Transpower may from time to time reasonably require (being the amount which may be paid out arising out of any one single accident or event).