Common use of Required Coverages For Generation Resources Of 20 Megawatts Or Less Clause in Contracts

Required Coverages For Generation Resources Of 20 Megawatts Or Less. Each Constructing Entity shall maintain the types of insurance as described in section 11.1 paragraphs (a) through (e) above in an amount sufficient to insure against all reasonably foreseeable direct liabilities given the size and nature of the generating equipment being interconnected, the interconnection itself, and the characteristics of the system to which the interconnection is made. Additional insurance may be required by the Interconnection Customer, as a function of owning and operating a Generating Facility. All insurance shall be procured from insurance companies rated “A-,” VII or better by AM Best and authorized to do business in a state or states in which the Interconnection Facilities are located. Failure to maintain required insurance shall be a Breach of the Interconnection Construction Service Agreement.

Appears in 65 contracts

Samples: Construction Service Agreement, Construction Service Agreement, Construction Service Agreement

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Required Coverages For Generation Resources Of 20 Megawatts Or Less. Each Constructing Interconnected Entity shall maintain the types of insurance as described in section 11.1 13.1 paragraphs (a) through (e) above in an amount sufficient to insure against all reasonably foreseeable direct liabilities given the size and nature of the generating equipment being interconnected, the interconnection itself, and the characteristics of the system to which the interconnection is made. Additional insurance may be required by the Interconnection Customer, as a function of owning and operating a Generating Facility. All insurance shall be procured from insurance companies rated “A-,” VII or better by AM Best and authorized to do business in a state or states in which the Interconnection Facilities are located. Failure to maintain required insurance shall be a Breach of the Interconnection Construction Service Agreement.

Appears in 50 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

Required Coverages For Generation Resources Of 20 Megawatts Or Less. Each Constructing Interconnected Entity shall maintain the types of insurance as described in section 11.1 13.1 paragraphs (a) A through (e) above E in an amount sufficient to insure against all reasonably foreseeable direct liabilities given the size and nature of the generating equipment being interconnected, the interconnection itself, and the characteristics of the system to which the interconnection is made. Additional insurance may be required by the Interconnection Customer, as a function of owning and operating a Generating Facilitygenerating facility. All insurance shall be procured from insurance companies rated “A-,” VII or better by AM Best and authorized to do business in a state or states in which the Interconnection Facilities are located. Failure to maintain required insurance shall be a Breach of the Interconnection Construction Service Agreement.

Appears in 23 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

Required Coverages For Generation Resources Of 20 Megawatts Or Less. Each Constructing Except as provided in section 13.1B below, each Interconnected Entity shall maintain the types of insurance as described in section 11.1 13.1 paragraphs (a) A through (e) above E in an amount sufficient to insure against all reasonably foreseeable direct liabilities given the size and nature of the generating equipment being interconnected, the interconnection itself, and the characteristics of the system to which the interconnection is made. Additional insurance may be required by the Interconnection Customer, as a function of owning and operating a Generating Facilitygenerating facility. All insurance shall be procured from insurance companies rated “A-,VII or better by AM Best and authorized to do business in a state or states in which the Interconnection Facilities are located. Failure to maintain required insurance shall be a Breach of the Interconnection Construction Service Agreement.

Appears in 8 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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Required Coverages For Generation Resources Of 20 Megawatts Or Less. Each Constructing Entity shall maintain the types of insurance as described in section 11.1 paragraphs (a) A through (e) E above in an amount sufficient to insure against all reasonably foreseeable direct liabilities given the size and nature of the generating equipment being interconnected, the interconnection itself, and the characteristics of the system to which the interconnection is made. Additional insurance may be required by the Interconnection Customer, as a function of owning and operating a Generating Facilitygenerating facility. All insurance shall be procured from insurance companies rated “A-,” VII or better by AM Best and authorized to do business in a state or states in which the Interconnection Facilities are located. Failure to maintain required insurance shall be a Breach of the Interconnection Construction Service Agreement.

Appears in 5 contracts

Samples: Construction Service Agreement, Construction Service Agreement, Construction Service Agreement

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