Common use of Seller’s Insurance Clause in Contracts

Seller’s Insurance. Seller shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law.

Appears in 7 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Solar Power Purchase Agreement

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Seller’s Insurance. Seller shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s 's liability insurance with coverage of at least $1,000,000 and 1,000,000, (ivD) workers' compensation insurance as required by law, and (E) an umbrella policy of at least $10,000,000.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Seller’s Insurance. Seller shall maintain (Ai) property insurance on the System for the replacement cost thereof, (Bii) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (Ciii) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law.

Appears in 4 contracts

Samples: Solar Power Purchase Agreement, Power Purchase Agreement General Terms and Conditions, Performance Guarantee Agreement (Ppa)

Seller’s Insurance. Seller shall maintain or ensure the following is maintained (Aa) property insurance on the System for the replacement cost thereof, (Bb) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (Cc) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law. Seller’s coverage may be provided as part of an enterprise insurance program.

Appears in 3 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Solar Power Purchase Agreement

Seller’s Insurance. Seller shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and and‌ $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 each accident/$1,000,000 disease-each employee/$1,000,000 disease-policy limit, and (ivD) workers’ compensation insurance as required by law.

Appears in 2 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement

Seller’s Insurance. Seller shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (ivD) workers’ compensation insurance as required by law.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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Seller’s Insurance. Seller shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law. In addition, Seller shall maintain an overall umbrella policy with a face amount of at least $5,000,000.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

Seller’s Insurance. Seller shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 2,000,000 per occurrence and $2,000,000 4,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

Seller’s Insurance. Seller shall maintain (Ai) property insurance on the System for the replacement cost thereof, (Bii) commercial comprehensive general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (Ciii) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ worker’s compensation insurance as required by law.

Appears in 1 contract

Samples: Solar Services Agreement

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