Term of Coverage. Except as otherwise specified in the contract, the insurance will commence on or prior to the effective date of the contract and will be maintained in force throughout the duration of the contract. Completed operations coverage may be required to be maintained on specific commercial general liability policies effective on the date of substantial completion or the termination of the contract, whichever is earlier. If a policy is written on a claims made form, the retroactive date must be shown and this date must be before the earlier of the date of the execution of the contract or the beginning of contract work, and the coverage must respond to all claims reported within three years following the period for which coverage is required unless stated otherwise in the contract.
Appears in 61 contracts
Samples: Operating Agreement, Operating Agreement, Contract for Design Build Services
Term of Coverage. Except as otherwise specified in the contract, the insurance will commence on or prior to the effective date of the contract and will be maintained in force throughout the duration of the contract. Completed operations , including but not limited to any warranty or limitation periods and for any period of extended coverage may be required to be maintained on specific commercial general liability policies effective on the date of substantial completion or the termination of in the contract, whichever is earlier. If a policy is written on a claims claims-made form, the retroactive date must be shown and this date must be before the earlier of the date of the execution of the contract or the beginning of contract work, and the coverage must respond to all claims reported within three years following the period for which coverage is required unless a longer period of time is otherwise stated otherwise in the contract.
Appears in 7 contracts
Samples: Contract for Design Professional Services, Construction Contract, Contract for Design Build Services
Term of Coverage. Except as otherwise specified in the contract, the insurance will commence on or prior to the effective date of the contract Contract and will be maintained in force throughout the duration of the contractContract. Completed operations coverage may be required to be maintained on specific commercial general liability policies effective on the date of substantial completion or the termination of the contractContract, whichever is earlier. If a policy is written on a claims made form, the retroactive date must be shown and this date must be before the earlier of the date of the execution of the contract Contract or the beginning of contract work, and the coverage must respond to all claims reported within three years following the period for which coverage is required unless stated otherwise in the contractContract.
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