Types of Coverage and Insurance Limits Sample Clauses

Types of Coverage and Insurance Limits. AOGP shall, at its own expense, effect and maintain in effect at all times during the Term the following insurance coverages with limits not less than those stated: (a) Worker's compensation insurance (or comparable insurance under applicable Law) at the limits required by applicable Law; (b) General third party liability insurance with an indemnity of US$4,000,000 for any occurrence covering all operations of AOGP under this Agreement, including the contractual liability assumed herein by AOGP in respect of third party claims; and (c) Comprehensive automobile liability insurance covering owned, non-owned and hired vehicles used by contractor with minimum limits of one million US dollars ($1,000,000.00) combined single limit of liability each accident for bodily injury or property damage. AOGP shall, at PREPA's expense (which costs shall be included in the Operating Budget), procure from Third Parties and maintain in effect at all times during the Term the following insurance coverages with limits not less than those stated: (a) Marine Terminal Operator's Liability Insurance in such amounts as PREPA shall reasonably require; (b) Maritime Employer's Liability Insurance in such amounts as PREPA shall reasonably require; and (c) Insurance that covers AOGP's risk of loss to the LNG and Natural Gas as specified in Clause 4.5 with an aggregate limit (primary and excess combined) of at least $50,000,000. PREPA shall, at its own expense, effect and maintain in effect at all times during the Term the following insurance coverages with limits not less than those stated: (a) Worker's compensation insurance (or comparable insurance under applicable Law) at the limits required by applicable Law; and (b) Comprehensive automobile liability insurance covering owned, non-owned and hired vehicles used by contractor with minimum limits of one million US dollars ($1,000,000.00) combined single limit of liability each accident for bodily injury or property damage.
Sample 1
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Types of Coverage and Insurance Limits. Throughout the Term of this Charter, PREP A and EE shall each carry the types of insurance in the limits set forth below. PREP A and EE shall furnish a copy of all insurance policies to the other.
Sample 1

Related to Types of Coverage and Insurance Limits

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  • Evidence of Coverage The Contractor shall, upon request by DSHS, submit a copy of the Certificate of Insurance, policy, and additional insured endorsement for each coverage required of the Contractor under this Contract. The Certificate of Insurance shall identify the Washington State Department of Social and Health Services as the Certificate Holder. A duly authorized representative of each insurer, showing compliance with the insurance requirements specified in this Contract, shall execute each Certificate of Insurance. The Contractor shall maintain copies of Certificates of Insurance, policies, and additional insured endorsements for each subcontractor as evidence that each subcontractor maintains insurance as required by the Contract.

  • Standard Hazard Insurance and Flood Insurance Policies (a) For each Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers under the related Servicing Agreements to maintain or cause to be maintained standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of the related Servicing Agreements. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. (b) Pursuant to Section 4.01 and 4.02, any amounts collected by the Servicers or the Master Servicer, or by any Servicer, under any insurance policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the applicable Servicing Agreement) shall be deposited into the Master Servicer Collection Account, subject to withdrawal pursuant to Section 4.02 and 4.03. Any cost incurred by the Master Servicer or any Servicer in maintaining any such insurance if the Mortgagor defaults in its obligation to do so shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or such Servicer pursuant to Section 4.02 and 4.03.

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  • Duration of Coverage Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the work hereunder by Xxxxxxxxxx, his/her agents, representatives, employees, or subconsultants.

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