Common use of Types of Required Insurance Clause in Contracts

Types of Required Insurance. The Buyer shall at its expense, provide and maintain the following types of insurance and minimum coverage throughout the dismantlement of the Obsolete Vessel: (A) Insurance Certificates for Workmen's Compensation, including Longshoremen & Harbor Worker's Act coverage. Covering all agents, servants, borrowed servants, statutory employees of Buyer for all compensation and other benefits required by applicable state and federal law or by governmental authority on account of injury, death, sickness or disease - Statutory - no minimum.

Appears in 3 contracts

Samples: Sale Agreement, Sale Agreement, Contract for Sale of Obsolete Vessel

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Types of Required Insurance. The Buyer shall at its expense, provide and maintain the following types of insurance and minimum coverage throughout the dismantlement of the Obsolete Vessel:Vessel(s): (A) Insurance Certificates for Workmen's Compensation, including Longshoremen & Harbor Worker's Act coverage. Covering all agents, servants, borrowed servants, statutory employees of Buyer for all compensation and other benefits required by applicable state and federal law or by governmental authority on account of injury, death, sickness or disease - Statutory - no minimum.

Appears in 2 contracts

Samples: Contract for Sale of Vessel, Contract for Sale of Obsolete Vessel

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Types of Required Insurance. The Buyer shall at its expense, provide and maintain the following types of insurance and minimum coverage throughout the dismantlement of the Obsolete Vessel: (A) Insurance Certificates for Workmen's Compensation, including Longshoremen & Harbor Worker's Act coverage. Covering all agents, servants, borrowed servants, statutory employees of Buyer for all compensation and other benefits required by applicable state and federal law or by governmental authority on account of injury, death, sickness or disease - Statutory - no minimum.

Appears in 1 contract

Samples: Contract for Sale of Obsolete Vessel

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