Umbrella or Excess Sample Clauses
The 'Umbrella or Excess' clause defines the use of insurance policies that provide additional coverage beyond the limits of primary insurance. In practice, this clause allows a party to satisfy certain insurance requirements by maintaining an umbrella or excess liability policy, which sits on top of and supplements the primary policy’s coverage limits. This ensures that sufficient financial protection is available in the event of large claims, addressing the risk of losses that exceed standard policy limits and providing reassurance to the parties involved.
Umbrella or Excess. Liability Policy shall be carried in the amount of $10,000,000. The policy shall be “following form” in excess of the above captioned policies. Evidence of this coverage shall be provided on the certificate of insurance.
Umbrella or Excess. Liability insurance with limits of not less that Ten Million Dollars ($10,000,000.00) per occurrence and Ten Million Dollars ($10,000,000.00) annual aggregate providing excess limits over the Commercial General Liability, Employers Liability, Automobile Liability and Liquor Liability described above.
Umbrella or Excess. Liability Insurance in a minimum amount of ten million dollars ($10,000,000.00), which must apply, at a minimum, to the insurance required in Subsection 1 (Commercial General Liability) above. The Contractor must list the state of Michigan, its departments, divisions, agencies, offices, commissions, officers, employees, and agents as additional insureds on the certificate. The Contractor also agrees to provide evidence that insurance policies contain a waiver of subrogation by the insurance company.
Umbrella or Excess. Umbrella or excess liability insurance of not less than $20,000,000 per occurrence and $20,000,000 in the annual aggregate following the Placed in Service date of each Project (inclusive of the requirements and limits in Sections 1.1(c), (d) and (e)). Such coverage shall be on a per occurrence or claims made basis and over and above coverage provided by the policies described in Sections 1.1(c), (d) and (e) with respect to employer’s liability. If the policy or policies provided under this Section 1.1(f) contain(s) aggregate limits, and such limits are reduced by more than $10,000,000 during the applicable policy term by any one or more incidents, occurrences, claims, settlements or judgments against such insurance which has caused the insurer to establish a reserve, the Service Provider shall, within (10) Business Days after obtaining knowledge of such event inform Lessor and Lessee, and within thirty (30) Business Days thereafter, purchase an additional umbrella/excess liability insurance policy satisfying the requirements of this Section 1.1(f), unless waived by Lessor in consultation with its insurance consultant. Deductibles in excess of $10,000 shall be subject to review and approval by Lessor in consultation with its insurance consultant. [***] Confidential treatment has been requested for bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
Umbrella or Excess. Umbrella or Excess Liability Insurance must be maintained with limits of not less than The Contractor may use a combination of primary and Excess/Umbrella policies to satisfy the limits of liability required under Workers’ Compensation, Employer’s Liability, Commercial General Liability, and Automobile Liability.
Umbrella or Excess. Liability Policies shall provide coverage at least as broad as specified for underlying coverages and covering those insured in the underlying policies. Coverage shall be “pay on behalf” with defense costs payable in addition to policy limits. There shall be no cross-liability exclusion of claims or suits by one insured against another.
Umbrella or Excess. Liability Insurance following the form of the primary liability and auto liability insurance set out in paragraphs 8.1.3 and 8.1.4 above with limits of $5,000,000 excess the $1,000,000 primary liability insurance for a total of $6,000,000. Such umbrella policy shall be in excess of those underlying policies without gaps in limits and shall provide coverage at least as broad as the underlying.
Umbrella or Excess. Liability insurance shall be required in the amount of at least $10,000,000 per occurrence/$10,000,000 aggregate.
Umbrella or Excess. Liability with limits of EUR5 million each occurrence and aggregate for bodily injury and property damage with such policy “following form” to all primary policies listed above with the exception of Workers Compensation; 6)
Umbrella or Excess. Liability Coverage with a limit of no less than $1,000,000 each accident $1,000,000 each accident $1,000,000 each accident $500,000 Each Accident $1,000,000 Annual Aggregate $500,000 Occupational Disease $5,000,000.00 each occurrence Emergency Termination: CITY may suspend or terminate this contract at any time if CITY finds, in its sole and reasonable discretion that VENDOR'S operation is not in the best interest of the health, safety or welfare of CITY'S residents and visitors. Following termination or non-renewal of this or any subsequent contract, ▇▇▇▇▇▇ agrees to collect and remove all Scooters and any other equipment or items located on the CITY'S sidewalks, streets or right of ways, or other staging locations, public or private, within thirty (30) days of the termination date of this contract.