Purchaser’s Insurance. Purchaser shall maintain commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate.
Purchaser’s Insurance. The Purchaser reserves the right to take out, on its own initiative: - a “Contractors’ All Risks” policy to cover physical damage to the structure from the arrival of the first materials on site until final acceptance, - an additional Contractors' “Complementary Decennial Civil Liability” policy in addition to the decennial liability policies taken outby the Supplierwhich are bound to such an obligation. This coverage will be put in place only for the project in excess of fifteen (15) Million EUR and only for works with a legal insurance obligation. Should the Purchaser decide to subscribe the above-mentioned policies for performance of the Contract, the Supplier shall be bound to unreservedly sign up to the above-defined insurance schedule, even though the Supplier may have been in competition with the Purchaserfor those policies subscription. After examination of the information provided in respect of this ARTICLE B10, the Purchaser will announce to the Supplier retained for the Contract its decision relating to taking out a Contractors’ All Risks, before the Contract is concluded. This decision will automatically be imposed on the Supplier retained without the Purchaser being required to justify such decision. The Contract will then specify whether the additional Contractors' All Risks and “Complementary Decennial Civil Liability” policies are incumbent on the Purchaser or the Supplier. If applicable, on opening of the site, the Purchaser will send the Supplier a certificate of cover for the additional Contractors' All Risks and Decennial Civil Liability policies. Whether or not the Purchaser chooses to take out the above-mentioned policies has no effect on the Supplier's risks and responsibilities in respect of the applicable laws, regulations, standardsandcontractual obligations, anypolicies taken outbythe Purchaser shall not provide any change, exemption or novation in this respect. Where these policies are extended solely due to the Supplier, the latter will pay the additional premiums corresponding to its own delay.
Purchaser’s Insurance. Purchaser shall maintain commercial general liability insurance with coverage of at least _____ dollars ($______) per occurrence and _____ dollars ($______) annual aggregate.
Purchaser’s Insurance. Purchaser shall maintain commercial general liability insurance with coverage of at least the amount of Four Hundred Thousand Dollars ($400,000) per occurrence for causes of action pursuant to the Maine Tort Claims Act, and will be increased from time to time, if required to meet the maximum coverage provisions of the Maine Tort Claims Act, as it may be amended, and in at least the amount of 1 million dollars ($1,000,000) for each occurrence and 2 million dollars ($2,000,000) in the aggregate for causes of action pursuant to federal law or State law for which immunity is not provided under the Maine Tort Claims Act.
Purchaser’s Insurance. 10.1. Purchaser shall purchase and maintain in full force and effect the following insurance while the Work is being performed:
Purchaser’s Insurance. Purchaser shall carry or cause to be carried the insurance required by Annex D to the applicable Existing Lease, and otherwise comply with the requirements of Annex D (other than Sections B and C of such Annex D) to the applicable Existing Lease for the two (2) year period measured from the applicable Closing Date.
Purchaser’s Insurance. Purchaser shall obtain and keep in force --------------------- during the term of its indemnity obligations to Seller under this Agreement insurance policies providing the following minimum levels of coverage: general comprehensive liability insurance covering each occurrence of bodily injury and property damage in an amount of not less than One Million Dollars ($ 1,000,000.00) per occurrence with an aggregate of Two Million Dollars ($2,000,000.00) in any calendar year with the special endorsement providing coverage for Product and Completed Operations Liability in an amount of not less than Ten Million Dollars ($10,000,000.00); and an umbrella policy in an amount not less than Four Million Dollars ($4,000,000.00). The insurance policy shall be endorsed to provide for written notification to Seller by the insurer not less than thirty (30) days prior to cancellation, expiration, or modification. A certificate of insurance evidencing compliance with this Section and referencing this Agreement shall be furnished to Seller by Purchaser within ten (10) days of the Closing, Date, or, in the event of insurance renewal, within ten (10) days of such renewal.
Purchaser’s Insurance. The Seller is not liable in respect of any claim made under or otherwise in connection with this agreement to the extent that any Target Group Company or any member of the Purchasers’ Group has a right of recovery under a policy of insurance in respect of such claim.
Purchaser’s Insurance. The Seller shall be included as an additional insured on the Purchaser’s or Owner’s All Risk/Builder's Risk Insurance Policy, which will include a waiver of rights of subrogation against the Seller. The deductible under this policy shall be for Purchaser’s account.
Purchaser’s Insurance. Sellers shall not be liable in respect of any claims made by Purchaser or any member of Purchaser’s Group, to the extent that the Losses in respect of which a claim is made are covered by a policy of insurance in force immediately prior to the Closing Date.
