University’s Insurance Sample Clauses

University’s Insurance. University, at its sole cost and expense, shall insure its activities in connection with this Lease by maintaining its self-insurance programs as follows: a. General Liability Self-Insurance Program 1. Each Occurrence $1,000,000 2. Products/Completed Operations Aggregate $1,000,000 3. Personal and Advertising Injury $1,000,000 4. General Aggregate $2,000,000 b. Business Automobile Liability Self-Insurance Program for owned, non-owned, or hired automobiles with a combined single limit of not less than two million dollars ($2,000,000) per occurrence.
Sample 1
University’s Insurance. University, at its sole cost and expense, shall self-insure its activities in connection with this Agreement and obtain, keep in force and maintain insurance as follows: A. General Liability Self-Insurance Program (contractual liability included) with minimum limits as follows: Each Occurrence $1,000,000
Sample 1
University’s Insurance. ‌ Subject to the University’s right to self-insure as set forth in Section 15.2, the University shall, at its own expense, obtain and maintain in force at all times during the Term, insurance policies as follows: (a) Commercial General Liability insurance in an amount not less than Five Million ($5,000,000.00) Dollars per occurrence (annual general aggregate, if any, of not less than Five Million ($5,000,00.00) Dollars), insuring against claims of bodily injury, death‌ and property damage arising out of the University’s operations and ownership of the MacEwan Building; (b) Property insurance which shall insure the Structural Components, Base Building Systems, Common Space, University Allocated Space and Base Building Space as well as the demising walls that separate Students’ Union Allocated Space and specific space within Students’ Union Allocated Space leased to Third Party Tenants from any other space categorization within the MacEwan Building against loss or damage. Such insurance shall be subject to a replacement cost endorsement;‌ (c) Boiler and Machinery insurance providing coverage with respect to all objects of this type introduced into the MacEwan Building by or on behalf of the University or otherwise constituting a part of Structural Components or Base Building Systems; and (d) such other coverage or increases to such coverage, as the University may consider necessary. For greater certainty, the University is not obligated to insure improvements or trade fixtures or any liability of the Students’ Union, the Manager or any Third Party Tenant under a Third Party Lease or other occupant under an Occupancy Agreement, or any personal property of any of them. Where the University is not electing to self-insure pursuant to Section 15.2, the University shall provide to the Manager at the Commencement Date, and at least 10 days prior to renewal of all University insurance referred to in this Article 15, certificates of insurance evidencing the University’s insurance coverage as required above.
Sample 1
University’s Insurance. University warrants that it shall maintain policies of self-insurance containing the coverages and minimum limits described in the following subsections during the term hereof. Such coverages shall provide for 30 days’ advance written notice to Property Owner of any policy modification, change, or cancellation. The coverage described in subsection 5.1 shall name Property Owner as an additional insured and shall apply in proportion to and to the extent of the negligent acts or omissions of University or any person or persons under University’s direct supervision and control.
Sample 1
University’s Insurance. Notwithstanding any contribution by the Tenant to the cost of the University's insurance premiums, any and all insurance placed by the University including that with respect to the Building, the Demised Premises or any risk associated with either is for the sole benefit of the University and the Tenant shall have no interest therein or arising thereunder and no waiver of subrogation or recourse is granted by the University to the Tenant.
Sample 1
University’s Insurance. ‌ The University shall obtain the insurance coverage required pursuant to the provisions of Section 15.1 of this Agreement and shall have the right to self-insure with respect to all or some of the University’s insurance coverage in accordance with the provisions of Section 15.2 of this Agreement. The Students’ Union specifically acknowledges that the University’s insurance covers loss or damage to walls that separate Students’ Union Allocated Space from any other space categorization within the MacEwan Building.
Sample 1
University’s Insurance. University, at its sole cost and expense, shall insure its activities in connection with this Agreement and obtain, keep in force and maintain insurance as follows: A. General Liability Self-Insurance Program (contractual liability included) with minimum limits as follows: 1. Each Occurrence $___________ 2. Products/Completed Operations Aggregate $___________ 3. Personal and Advertising Injury $____________ 4. General Aggregate $_____________ B. Business Automobile Liability Self-Insurance Program for owned, scheduled, non-owned, or hired automobiles with a combined single limit of not less than _________________dollars ($__________) per occurrence. C. Property, Fire and Extended Coverage Self-Insurance Program in an amount sufficient to reimburse University for all of its equipment, trade fixtures, inventory, fixtures and other personal property located on or in the Premises including improvements hereinafter constructed or installed.
Sample 1
University’s Insurance. University, at its sole cost and expense, shall insure its activities in connection with this RUA and obtain, keep in force and maintain insurance as follows: A. General Liability Self-Insurance Program (contractual liability included) with minimum limits as follows: 1) Each Occurrence $ 1,000,000 2) Products/Completed Operations Aggregate $2,000,000 3) Personal and Advertising Injury $1,000,000 4) General Aggregate $ 2,000,000 B. Business Automobile Liability Self-Insurance Program for owned, scheduled, non-owned, or hired automobiles with a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence. C. Property, Fire and Extended Coverage Self-Insurance Program in an amount sufficient to reimburse University for all of its equipment, trade fixtures, inventory, fixtures and other personal property located on or in the Premises including improvements hereinafter constructed or installed.
Sample 1
University’s Insurance. With respect to property loss, the University is self-insured under the State Insurance Program administered by the Maryland State Treasurer’s Office pursuant to Title 9 of the State Finance and Procurement Article of the Annotated Code of Maryland. The University does not have any insurance coverage for general liability. The University and its personnel acting within the scope of their employment are subject to the Maryland Tort Claims Act (Md. Code Xxx., State Government Article, Title 12, Subtitle 1) (the “Tort Claims Act”).
Sample 1

Related to University’s Insurance

  • Business Insurance The Transaction Entities and their respective subsidiaries carry or are entitled to the benefits of insurance, with financially sound and reputable insurers, in such amounts and covering such risks as is generally maintained by companies of established repute engaged in the same or similar business, and all such insurance is in full force and effect. Neither of the Transaction Entities has any reason to believe that it or any of their respective subsidiaries will not be able to (A) renew, if desired, its existing insurance coverage as and when such policies expire or (B) obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted and at a cost that would not reasonably be expected to, singly or in the aggregate, result in a Material Adverse Effect.

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Recipient’s Insurance The Recipient represents, warrants, and covenants that it has, and will maintain, at its own cost and expense, with insurers having a secure A.M. Best rating of B+ or greater, or the equivalent, all the necessary and appropriate insurance that a prudent person carrying out a project similar to the Project would maintain, including commercial general liability insurance on an occurrence basis for third party bodily injury, personal injury, and property damage, to an inclusive limit of not less than the amount provided for in Schedule “B” per occurrence. The insurance policy will include the following:

  • Tenant’s Insurance Tenant shall maintain the following coverages in the following amounts.

  • Commercial Umbrella Liability Insurance The Contractor shall provide a Commercial Umbrella Liability Insurance to provide excess coverage above the Commercial General Liability, Commercial Business Automobile Liability and the Workers' Compensation and Employers' Liability to satisfy the minimum limits set forth herein. The umbrella coverage shall follow form with the Umbrella limits required as follows: $ 2,000,000 per Occurrence $2,000,000 per Occurrence $ 4,000,000 Aggregate $10,000,000 Aggregate Additional Requirements for Commercial Umbrella Liability Insurance are shown below at Paragraph 1.5.3.3.6.

  • Owner’s Insurance 11.2 Owner’s Right to Carry Out the Work 2.5, 14.2.2 Owner’s Right to Clean Up 6.3 Owner’s Right to Perform Construction and to Award Separate Contracts

  • Manager’s Insurance If requested by Owner at any time during the Term, Manager (as a reimbursable expense under this Agreement) and any independent contractors employed by Manager (at such contractor's expense) shall maintain in full force and effect commercial general liability, workers' compensation, employer's liability and such other insurance as Owner may reasonably require with such limits as are customary for managers of similar first class projects in the area.

  • Lessee’s Insurance Lessee shall procure and maintain policies of insurance, at its own cost and expense, insuring: (a) The Lessor Protected Parties (as "named insureds"), and the First Mortgagee, and Lessee Protected Parties, from all claims, demands or actions made by or on behalf of any person or persons, firm or corporation and arising from, related to or connected with the leased premises, for bodily injury to or personal injury to or death of any person, or more than one (1) person, or for damage to property in an amount of not less than $2,000,000.00 combined single limit per occurrence/aggregate. Said insurance shall be written on an "occurrence" basis and not on a "claims made" basis. If at any time during the term of this Lease, Lessee owns or rents more than one location, the policy shall provide that the aggregate limit in the policy shall apply separately to each location owned or rented by Lessee. Lessor shall have the right, exercisable by giving written notice thereof to Lessee, to require Lessee to increase such limit if, in Lessor's reasonable judgment, the amount thereof is insufficient to protect the Lessor Protected Parties and Lessee Protected Parties from judgments which might result from such claims, demands or actions; (b) The Improvements at any time situated upon the leased premises ("Improvements") against loss or damage by fire, lightning, wind, storm, hail storm, aircraft, vehicles, smoke, explosion, sewer back-up, riot or civil commotion as provided by the Standard Fire and Extended Coverage Policy and all other risks of direct physical loss as insured against under Special Form ('all risk" coverage). Such coverage shall be provided under the blanket policy maintained by Lessee. The insurance coverage shall be for not less than 100% of the full replacement cost of such Improvements and will include building ordinance coverage to include demolition and increased loss of construction, which building ordinance coverage endorsement shall be in an amount as Lessor shall reasonably require, all subject only to such deductibles as Lessor shall reasonably approve in writing. If, in Lessor's reasonable judgment, the amount thereof is insufficient to protect the Improvements, by an agreed amount endorsement covering the Improvements, the full replacement cost of the Improvements shall be designated annually by Lessor, in the good faith exercise of Lessor's judgment. In the event that Lessee does not agree with Lessor's designation, Lessee shall have the right to submit the matter to an insurance appraiser reasonably selected by Lessor and paid for by Lessee. The insurance appraiser shall submit a written report of his appraisal and if said report discloses that the 7 Improvements are not insured as therein required, Lessee shall promptly obtain the insurance required. Lessor shall be named as an additional insured and Lessee shall direct its insurer to pay all proceeds for loss or damage to the Improvements only to Lessor. Said insurance shall contain a policy provision waiving the insurer's right of subrogation against any Lessor Protected Party or any Lessee Protected party, provided that such waiver of the right of subrogation shall not be operative in any case where the effect thereof is to invalidate such insurance coverage or increase the cost thereof (except that either party shall have the right, within thirty (30) days following written notice, to pay such increased cost, thereby keeping such waiver in full force and effect); (c) Lessor's business income, protecting Lessor from loss of rents and other charges during the period while the leased premises are unleaseable due to fire or other casualty (for a twelve (12) month period);

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Crime Insurance Contractor shall maintain during the term of the Contract Crime Insurance on a “loss sustained form” or “loss discovered form,” and coverage must include the following:  The policy must allow for reporting of circumstances or incidents that might give rise to future claims.  The policy must include an extended reporting period of no less than one (1) year with respect to events which occurred but were not reported during the term of the policy.  Any warranties required by the Contractor’s insurer as a result of this Contract must be disclosed and complied with. Said insurance shall extend coverage to include the principals (all directors, officers, agents and employees) of the Contractor as a result of this Contract.  The policy shall include coverage for third party fidelity and name “The People of the State of New York, the New York State Office of General Services, any entity authorized by law or regulation to use this Contract as an Authorized User and their officers, agents, and employees” as “Loss Payees” for all third party coverage secured. This requirement applies to both primary and excess liability policies, as applicable.  The policy shall not contain a condition requiring an arrest and conviction.  The policy shall include coverage for computer crime/fraud.