Term and Modification of Insurance. (A) All insurance required under this PPA shall cover occurrences during the Term and for a period of two (2) years after the Term. In the event that any insurance as required herein is commercially available only on a “claims-made” basis, such insurance shall provide for a retroactive date not later than the date of this PPA and such insurance shall be maintained by Seller for a minimum of six (6) years after the Term.
Appears in 4 contracts
Samples: Power Purchase Agreement, Eklutna Power Purchase Agreement (Chugach Electric Association Inc), Power Purchase Agreement
Term and Modification of Insurance. (A) All insurance required under this PPA shall cover occurrences during the Term and for a period of two (2) years after the Term. In the event that any insurance as required herein is commercially available only on a “claims-made” basis, such insurance shall provide for a retroactive date not later than the date of this PPA and such insurance shall be maintained by Seller for a minimum of six (6) years after the Term.
Appears in 2 contracts
Samples: Purchase Agreement, Escrow Agreement
Term and Modification of Insurance. (A) All insurance required under this PPA shall cover occurrences during the Term and for a period of two (2) years after the Term. In the event that any insurance as required herein is commercially available only on a “claims-made” basis, such insurance shall provide for a retroactive date not later than the date of this PPA and such insurance shall be maintained by Seller Seller, with a retroactive date not later than the retroactive date required above, for a minimum of six two (62) years after the Term.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Otter Tail Corp), Purchase and Sale Agreement (Otter Tail Corp)
Term and Modification of Insurance. (A) All insurance required under this PPA shall cover occurrences during the Term and for a period of two (2) years after the Term. In the event that any insurance as required herein is commercially available only on a “claims-made” basis, such insurance shall provide for a retroactive date not later than the date of this PPA and such insurance shall be maintained by Seller for a minimum of six (6) two years after the Term.
Appears in 2 contracts
Samples: Wind Energy Purchase Agreement, Solar Energy Purchase Agreement
