Supplier’s Insurance. Supplier shall secure and maintain in force minimum policies of insurance of the types listed below and shall furnish to Purchaser, prior to providing any portion of the Work and throughout the duration of the Supplier’s performance of the Work, certificates of insurance evidencing current coverage listed below (collectively, the “Policies”).
Supplier’s Insurance. Supplier shall provide and maintain during the Term of the Agreement, at its own expense, the following insurance coverage: general liability insurance shall have limits no less than ten million dollars ($10,000,000) and product liability insurance shall have limits no less than ten million dollars ($10,000,000) per incident and ten million dollars ($10,000,000) per annum in the aggregate.
Supplier’s Insurance. The Supplier must effect and maintain:
Supplier’s Insurance. During the Term of the Agreement, Supplier will maintain: (i) comprehensive or commercial general liability insurance (including premises and operations, broad form contractual liability, broad form property damage and personal injury liability) with a minimum limit of $1,000,000 combined single limit per occurrence and $2,000,000 in the aggregate, for claims of bodily injury, including death, and property damage that may arise from acts or omissions of Supplier in its performance under this Agreement; (ii) workers’ compensation insurance, with statutory limits as required by the various laws and regulations applicable to the employees of Corindus hereunder; and (iii) employer’s liability insurance, for employee bodily injuries and deaths, with a limit of $1,000,000 each accident. In addition, immediately prior to any use of a released or unreleased Product on humans (including any clinical trials or evaluations that may be performed before release), Supplier will have in force and maintain liability coverage for the Products for claims of bodily injury, including death, that may arise from use of the products and completed operations with a minimum limit of $1,000,000 combined single limit per occurrence and $2,000,000 in the aggregate. As soon as possible after the Effective Date but no later than two months after the effective date, Supplier will also establish and maintain excess liability insurance coverage in an amount of not less than $10 million per occurrence. As of the date the Products are released for shipment, each policy obtained by Supplier will name Distributor, its officers, directors and employees as additional insured. Such insurance will apply as primary insurance and no other insurance will be called upon to contribute to a loss covered thereunder. Such insurance policies will be written with appropriately licensed and financially responsible insurers, and will endeavor to provide for a minimum of 30 days written notice to Distributor of any cancellation or reduction in coverage. Certificates of insurance evidencing the required coverage and limits is in force and effect will be furnished to Distributor before any work is commenced hereunder.
Supplier’s Insurance. Section 11.1.1 Supplier shall procure at its own expense and maintain in full force and effect, with responsible insurance carriers reasonably acceptable to System Owner that have an A.M. Best rating of A- or better authorized to do business in the state in which the System is located, all insurance as specified in Section 11.1.2, in at least the minimum amounts specified; provided, that, if Supplier subcontracts the design and engineering portion of the Work, then such design or engineering professional (or firm) shall procure and maintain the professional liability (errors & omissions) insurance required below in lieu of Supplier providing such professional liability insurance. Liability insurance coverage shall be occurrence-based and shall be primary and not excess to or contributing with any insurance or self-insurance maintained by System Owner.
Supplier’s Insurance. The Supplier must provide a certificate of General Liability. Theimplementation of this policy by the Supplier does not in any way release the Supplier from its legal or contractual obligations.
Supplier’s Insurance. The Supplier hereby agrees to put in effect and maintain for the Term, at its own cost and expense, with insurers having a secure A.M. Best rating of B + or greater, or the equivalent, all the necessary and appropriate insurance that a prudent person in the business of the Supplier would maintain including, but not limited to, the following:
Supplier’s Insurance. The duration of each policy shall be from the Effective Date until termination of the Agreement. The Supplier hereby agrees to put in effect and maintain insurance for the Term, at its own cost and expense, with insurers having a secure A.M. Best rating of B + or greater, or the equivalent, all the necessary and appropriate insurance that a prudent person in the business of the Supplier would maintain including, but not limited to, the following comprehensive commercial general liability insurance on an occurrence basis for third party bodily injury, personal injury and property damage, to an inclusive limit of not less than [Insert amount] per occurrence, [Insert amount] aggregate. The policy shall include, but not be limited to, the following: the Purchaser as an additional insured with respect to liability arising in the course of performance of the Supplier’s obligations under, or otherwise in connection with, the Agreement; products and completed operations; contractual liability coverage; cross-liability clause; 30 Day written notice of cancellation, termination, or material change; and owned and non-owned automobile coverage with blanket contractual coverage for hired automobiles.
Supplier’s Insurance. 1. Without derogating from Supplier’s liability pursuant to this agreement or at law, the Supplier undertakes to arrange and maintain Insurance Policies, at his own expense, with a reputable first class insurance company, during the term of the agreement, as well as for any additional period during which the Supplier is held liable (whether at law or under this Agreement) for any damage or loss suffered by any third party, including IAA and/or anyone acting on its behalf, as listed below:
