TDC Insurance Sample Clauses

TDC Insurance. TDC shall maintain in force, at its expense, during the term of the Agreement, a policy of commercial General Liability Insurance, provided by a carrier licensed to do business within the state where the Premises are located, insuring against all hazards and risks customarily insured against by persons leasing and operating a multi-tenant data center. The policy shall be written on a per-occurrence basis with blanket contractual liability coverage with respect to the use of the Premises and operation of business therein, with a limit of not less than Two Million Dollars ($2,000,000) and aggregate umbrella coverage of not less than an additional Five Million Dollars ($5,000,000). TDC shall maintain property insurance perils written on a “Special form” basis at full replacement cost value. The definition of property includes data and media. TDC’s policies shall contain provision(s) providing that such insurance shall be primary insurance insofar as TDC is concerned, with any other insurance maintained by Customer being excess and non-contributing with the insurance of the TDC required hereunder and providing coverage for the contractual liability of TDC to indemnify Customer. TDC shall place the policies required herein with a carrier having an AM Best rating of A- or better. The policies shall provide that TDC’s insurers issue appropriate waiver of subrogation rights endorsements to all insurance policies carried in connection with Services provided under this Service Schedule. Upon request, TDC shall promptly deliver to Customer certificates of insurance issued by the insurance company or its authorized agent for the policies. The insurance requirements set forth herein are independent of any indemnification and other obligations hereunder and shall not be construed or interpreted in any way to restrict, limit or modify any indemnification and other obligations, or to limit either party’s liability.
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Related to TDC Insurance

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Group Insurance All employees covered by this Agreement shall receive the same group insurance benefits as provided to other County employees in accordance with the County Benefit Program.

  • FDIC Insurance For any deposit accounts you open, the FDIC requires Bank to disclose, and you hereby acknowledge, that deposits held by Evolve Bank & Trust are insured up to $250,000 federal deposit insurance limit, per depositor for each ownership category.

  • Tail Insurance Buyer shall deliver evidence of its tail insurance coverage required by Section 6.13 hereof.

  • Trauma Insurance All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Fire Insurance The LESSEE shall not permit any use of the leased premises which will make voidable any insurance on the property of which the leased premises are a part, or on the contents of said property or which shall be contrary to any law or regulation from time to time established by the New England Fire Insurance Rating Association, or any similar body succeeding to its powers. The LESSEE shall on demand reimburse the LESSOR, and all other tenants, all extra insurance premiums caused by the LESSEE's use of the premises.

  • Travel Insurance The Employer shall provide and pay the full cost for travel insurance to cover all members of the bargaining unit for all modes of travel, in the amount of $200,000.00. The travel insurance policy shall also cover employees while on union business.

  • Commercial Umbrella Liability Insurance The Contractor shall provide a Commercial Umbrella Liability Insurance to provide excess coverage above the Commercial General Liability, Commercial Business Automobile Liability and the Workers' Compensation and Employers' Liability to satisfy the minimum limits set forth herein. The umbrella coverage shall follow form with the Umbrella limits required as follows: $ 2,000,000 per Occurrence $2,000,000 per Occurrence $ 4,000,000 Aggregate $10,000,000 Aggregate Additional Requirements for Commercial Umbrella Liability Insurance are shown below at Paragraph 1.5.3.3.6.

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

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