Common use of Terms Required in Policies Clause in Contracts

Terms Required in Policies. Without limitation to the rights of the Purchaser under clause 11.7, the insurance required under this clause 11 must: (a) except in relation to the worker's compensation or employer's liability insurance policies referred to at clause 11.1: (i) be endorsed to include the Purchaser, its related bodies corporate, their directors, officers, employees, contractors and agents as additional insured to the extent of liabilities assumed by the Vendor under this Purchase Order; and (ii) provide a waiver by the insurer of all express or implied rights of subrogation against the Purchaser, its related bodies corporate, their directors, officers, employees, contractors and agents. (b) provide that a notice of the occurrence of an event out of which the particular insured giving the notice alleges he has suffered or could suffer loss or damage or incur a liability will be accepted by the insurer as a notice of the occurrence given by all the insureds.

Appears in 4 contracts

Samples: Purchase Order, Purchase Order, Purchase Order

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