Common use of Required Coverage Clause in Contracts

Required Coverage. (i) All insurance coverages required by federal, state of local law and statute, including Worker’s Compensation Insurance and Employers’ Liability Insurance. The Employers’ Liability Insurance shall have a minimum coverage of at least $500,000 for each person; (ii) Comprehensive or Commercial General Liability Insurance, including coverage for Products and Completed Operations, and Blanket Contractual Liability for obligation undertaken by Sub-Adviser to Adviser under this contract. Such Comprehensive General Liability Insurance shall provide for minimum Combined Bodily Injury and Property Damage Coverage Limits of at least $1,000,000, per occurrence; (iii) Comprehensive Automobile Liability Insurance including coverage for Hired & Non-Owned Automobile Liability, with Combined bodily Injury and Property Damage Coverage Limits with a combined single limit of at least $1,000,000; (iv) Comprehensive Crime Policy (CCP) including Employees Dishonest/Fidelity Coverage for all Sub-Adviser’s employees, officers and agents, and On-Premises (Loss Inside the Premises) and In-Transit (Loss Outside the Premises). The CCP shall have a minimum of at least $2,500,000, per occurrence; and (v) Professional Liability Coverage (Errors and Omissions) for a minimum combined single limit coverage of at least $2,500,000.

Appears in 12 contracts

Samples: Sub Advisory Agreement (Highmark Funds /Ma/), Sub Advisory Agreement (Highmark Funds /Ma/), Sub Advisory Agreement (Highmark Funds /Ma/)

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Required Coverage. (i) All insurance coverages required by federal, state of local law and statute, including Worker’s Compensation Insurance and Employers’ Liability Insurance. The Employers’ Liability Insurance shall have a minimum coverage of at least $500,000 for each person; (ii) Comprehensive or Commercial General Liability Insurance, including coverage for Products and Completed Operations, and Blanket Contractual Liability for obligation undertaken by Sub-Adviser to Adviser under this contract. Such Comprehensive General Liability Insurance shall provide for minimum Combined Bodily Injury and Property Damage Coverage Limits of at least $1,000,0003,000,000, per occurrence, and name Adviser as Additional Insured; (iii) Comprehensive Automobile Liability Insurance including coverage for Hired & Non-Owned Automobile Liability, with Combined bodily Injury and Property Damage Coverage Limits with a combined single limit Limits, per occurrence, of at least $1,000,000;, naming Adviser as Additional Insured; and (iv) Comprehensive Crime Policy (CCP) including Employees Dishonest/Fidelity Coverage for all Sub-Adviser’s employees, officers and agents, and On-Premises (Loss Inside the Premises) and In-Transit (Loss Outside the Premises). The CCP shall have a minimum of at least $2,500,000, per occurrence; and. (v) Professional Liability Coverage (Errors and Omissions) for a minimum combined single limit coverage of at least $2,500,0002,500,000 per occurrence.

Appears in 10 contracts

Samples: Sub Advisory Agreement (Highmark Funds /Ma/), Sub Advisory Agreement (Highmark Funds /Ma/), Sub Advisory Agreement (Highmark Funds /Ma/)

Required Coverage. (i) All insurance coverages required by federal, state of local law and statute, including Worker’s Compensation Insurance and Employers’ Liability Insurance. The Employers’ Liability Insurance shall have a minimum coverage of at least $500,000 for each person; (ii) Comprehensive or Commercial General Liability Insurance, including coverage for Products and Completed Operations, and Blanket Contractual Liability for obligation undertaken by Sub-Adviser to Adviser under this contract. Such Comprehensive General Liability Insurance shall provide for minimum Combined Bodily Injury and Property Damage Coverage Limits of at least $1,000,0003,000,000, per occurrence, and name Adviser as Additional Insured; (iii) Comprehensive Automobile Liability Insurance including coverage for Hired & Non-Owned Automobile Liability, with Combined bodily Injury and Property Damage Coverage Limits with a combined single limit Limits, per occurrence, of at least $1,000,000, naming Adviser as Additional Insured; (iv) Comprehensive Crime Policy (CCP) including Employees Dishonest/Fidelity Coverage for all Sub-Adviser’s employees, officers and agents, and On-Premises (Loss Inside the Premises) and In-Transit (Loss Outside the Premises). The CCP shall have a minimum of at least $2,500,000, per occurrence; and (v) Professional Liability Coverage (Errors and Omissions) for a minimum combined single limit coverage of at least $2,500,0002,500,000 per occurrence.

Appears in 3 contracts

Samples: Sub Advisory Agreement, Sub Advisory Agreement (Highmark Funds /Ma/), Sub Advisory Agreement (Highmark Funds /Ma/)

Required Coverage. (i) All insurance coverages required by federal, federal and state of local law and statutestatute having jurisdiction over Distributor, including Worker’s Compensation Insurance and Employers’ Liability Insurance. The Employers’ Liability Insurance shall have a minimum coverage of at least $500,000 for each person; (ii) Comprehensive or Commercial General Liability Insurance, including coverage for Products and Completed Operations, and Blanket Contractual Liability for obligation undertaken by Sub-Adviser Distributor to Adviser the Trust under this contractAgreement. Such Comprehensive General Liability Insurance shall provide for minimum Combined Bodily Injury and Property Damage Coverage Limits of at least $1,000,0003,000,000, per occurrence, and name the Trust as Additional Insured; (iii) Comprehensive Automobile Liability Insurance including coverage for Hired & Non-Owned Automobile Liability, with Combined bodily Injury and Property Damage Coverage Limits with a combined single limit Limits, per occurrence, of at least $1,000,000;, naming the Trust as Additional Insured; and (iv) Comprehensive Crime Policy (CCP) including Employees Dishonest/Fidelity Coverage for all Sub-AdviserDistributor’s employees, officers and agents, and On-Premises (Loss Inside the Premises) and In-Transit (Loss Outside the Premises). The CCP shall have a minimum of at least $2,500,000, per occurrence; and. (v) Professional Liability Coverage (Errors and Omissions) for a minimum combined single limit coverage of at least $2,500,0002,500,000 per occurrence.

Appears in 1 contract

Samples: Underwriting Agreement (Highmark Funds /Ma/)

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Required Coverage. (i) All insurance coverages required by federal, federal and state of local law and statutestatute having jurisdiction over Distributor, including Worker’s 's Compensation Insurance and Employers' Liability Insurance. The Employers' Liability Insurance shall have a minimum coverage of at least $500,000 for each person; (ii) Comprehensive or Commercial General Liability Insurance, including coverage for Products and Completed Operations, and Blanket Contractual Liability for obligation undertaken by Sub-Adviser Distributor to Adviser the Trust under this contractAgreement. Such Comprehensive General Liability Insurance shall provide for minimum Combined Bodily Injury and Property Damage Coverage Limits of at least $1,000,0003,000,000, per occurrence, and name the Trust as Additional Insured; (iii) Comprehensive Automobile Liability Insurance including coverage for Hired & Non-Owned Automobile Liability, with Combined bodily Injury and Property Damage Coverage Limits with a combined single limit Limits, per occurrence, of at least $1,000,000;, naming the Trust as Additional Insured; and (iv) Comprehensive Crime Policy (CCP) including Employees Dishonest/Fidelity Coverage for all Sub-Adviser’s Distributor's employees, officers and agents, and On-Premises (Loss Inside the Premises) and In-Transit (Loss Outside the Premises). The CCP shall have a minimum of at least $2,500,000, per occurrence; and. (v) Professional Liability Coverage (Errors and Omissions) for a minimum combined single limit coverage of at least $2,500,0002,500,000 per occurrence.

Appears in 1 contract

Samples: Underwriting Agreement (Highmark Funds /Ma/)

Required Coverage. (i) All insurance coverages required by federal, federal and state of local law and statutestatute having jurisdiction over PFPC, including Worker’s 's Compensation Insurance and Employers' Liability Insurance. The Employers' Liability Insurance shall have a minimum coverage of at least $500,000 for each person; (ii) Comprehensive or Commercial General Liability Insurance, including coverage for Products and Completed Operations, and Blanket Contractual Liability for obligation undertaken by Sub-Adviser PFPC to Adviser HCM under this contractAgreement. Such Comprehensive General Liability Insurance shall provide for minimum Combined Bodily Injury and Property Damage Coverage Limits of at least $1,000,0003,000,000, per occurrence, and name HCM as Additional Insured; (iii) Comprehensive Automobile Liability Insurance including coverage for Hired & Non-Owned Automobile Liability, with Combined bodily Injury and Property Damage Coverage Limits with a combined single limit Limits, per occurrence, of at least $1,000,000;, naming HCM as Additional Insured; and (iv) Comprehensive Crime Policy (CCP) including Employees Dishonest/Fidelity Coverage for all Sub-Adviser’s PFPC's employees, officers and agents, and On-Premises (Loss Inside the Premises) and In-Transit (Loss Outside the Premises). The CCP shall have a minimum of at least $2,500,000, per occurrence; and. (v) Professional Liability Coverage (Errors and Omissions) for a minimum combined single limit coverage of at least $2,500,0002,500,000 per occurrence.

Appears in 1 contract

Samples: Sub Administration and Accounting Services Agreement (Highmark Funds /Ma/)

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