Common use of Specific Insurance Requirements Clause in Contracts

Specific Insurance Requirements. The insurance required by this Article 21 (Insurance) shall be written for not less than any limits of liability specified in this Contract, or required by Law, whichever is greater. Before commencement of the Work and until the last Final Payment made hereunder (except that product liability coverage shall continue in force until two years after the date of the last Final Payment made hereunder), Contractor shall procure, deposit, and maintain for Owner's benefit, insurance satisfactory to Owner, as set forth in this Article 21.2 (Specific Insurance Requirements).

Appears in 4 contracts

Samples: Contract for Engineering and Construction (LCC International Inc), Xm Satellite Radio Holdings Inc, Xm Satellite Radio Holdings Inc

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Specific Insurance Requirements. The insurance required by this Article 21 20 (Insurance) shall be written for not less than any the limits of liability specified in this Contract, or required by Law, whichever is greater. Before commencement of the Work and until the last Final Payment payment made hereunder (except that product liability coverage shall continue in force until two years after the date of the last Final Payment payment made hereunder), Contractor shall procure, deposit, and maintain for OwnerCustomer's benefit, insurance satisfactory to OwnerCustomer, as set forth in this Article 21.2 20.2 (Specific Insurance Requirements).

Appears in 1 contract

Samples: Escrow Agreement (Xm Satellite Radio Holdings Inc)

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