Type of Insurance. Borrower will at all times cause the Business and the Collateral to be insured by insurers of reasonable financial soundness and having an A. M. Best rating of A or better, with such policies, against such risks and in such amounts as are appropriate for reasonably prudent businesses in Borrower's industry and of Borrower's size and financial strength.
Type of Insurance. 3.1. Under the personal non-life insurance, the Insurer shall arrange the following:
Type of Insurance. The Borrower shall at all times cause the Business and the Property to be insured by reputable insurers of reasonable financial soundness and having an A. M. Best rating of A or better, with such policies, against such risks (including products liability) and in such amounts as are appropriate for reasonably prudent businesses in the Borrower's industry and of the Borrower's size and financial strength.
Type of Insurance. Borrower shall keep all buildings and improvements now existing or hereafter erected on the Property insured against loss by fire, earthquakes, floods, hazards included within the term “extended coverage,” and any other hazards for which Lender requires insurance. The insurance amounts (including deductible levels) and periods and the insurance carrier shall be subject to Lender’s approval. Lender reserves the right to make reasonable changes to the insurance requirements while this Trust Deed is in effect.
Type of Insurance. A. Commercial General Liability: General Aggregate $ 2,000,000 Products/Completed Operations Aggregate $ 1,000,000 Personal & Advertising Injury, per occurrence $ 1,000,000 Each Occurrence $ 1,000,000 Fire Damage Liability $ 50,000 Medical Expense $ 5,000 Broad Form Property Damage Included Explosion, Collapse & Underground Hazard Included
Type of Insurance. Contract Works Public Liability Party Responsible: Owner 🞏 Builder 🞏 (tick one)* Builder Total sum insured*: $ $ (Minimum $1,000,000) *The total sum insured under the Contract Works policy must be based on a reasonable estimate of the Final Contract Price, plus a reasonable allowance for the following: Owner supplied Materials $ Expediting Expenses 5% or % = $ Removal of Debris 10% or % = $ Professional Fees 5% or % = $ Increased Costs During Construction 5% or % = $ Increased Costs During Re-construction 5% or % = $ Materials in Storage (off Project site) $
Type of Insurance. Tenant, at Tenant's sole cost and expense, shall carry and maintain during the Term of this Lease the following types of insurance, in the amounts and form hereinafter provided:
Type of Insurance. Manager shall at all times during the term of this Agreement, procure and maintain insurance as required by the Lease.
Type of Insurance or Bond Limit of Liability or Bond Amount ($0.00) «Payment and Performance Bond Worker's Compensation Insurance Employer's Liability » 100% of the Guaranteed Maximum Price Statutory limits mandated by State and Federal Laws Bodily Injury by Accident $1,000,000/each accident Bodily Injury by Disease $1,000,000/policy limits Bodily Injury by Disease $1,000,000/each employee Commercial General Liability, including coverage for Premises-Operations, I ndependent Contractors’ Protective, Products-Completed Operations, Contractual Liability, and Personal Injury $1,000,000 Each Occurrence $2,000,000 Job Site Aggregate $1,000,000 Personal and Advertising Injury $2,000,000 Products-Completed Operations Aggregate Automobile Liability (owned, non-owned and hired vehicles) for bodily injury and property damage $1,000,000 Each Accident Umbrella or Excess: $5,000,000 over primary insurance $10,000 retention for self-insured hazards each occurrence Type of Insurance or Bond Limit of Liability or Bond Amount ($0.00)
Type of Insurance. Contract Works Public Liability Party Responsible: Owner Builder (tick one)* Builder Total sum insured*: $ $ (Minimum $1,000,000) *The total sum insured under the Contract Works policy must be at least as much as the Original Contract Price, plus a reasonable allowance for the following: Owner supplied Materials $ Expediting Expenses 5.00% or % = $ Removal of Debris 10.00% or % = $ Professional Fees 5.00% or % = $ Increased Costs During Construction 5.00% or % = $ Increased Costs During Re-construction 5.00% or % = $ Materials in Storage (off Project site) $ Who pays the excess on a contract works claim? Owner: ………………… % Builder: % (If the above %ages are not completed or they do not total 100%, then each party pays 50%)