Common use of Xencor Clause in Contracts

Xencor. A. During the Term of this Agreement, Xencor shall obtain and maintain the following insurance with limits not less than those specified below: i. Commercial General Liability insurance with a limit of […***…] Dollars ($[…***…]) per occurrence. ii. Products and Completed Operations Liability insurance with a limit of […***…] Dollars ($[…***…]) per occurrence (to be maintained only immediately prior to and during use of Product in humans). iii. Worker’s Compensation and Employers Liability Insurance with statutory limits for Workers’ Compensation and Employers’ Liability limits of […***…] Dollars ($[…***…]) per accident. iv. All Risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Xencor’s property while it is at Cardinal Health’s facility or in transit to or from Cardinal Health’s facility. B. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire period of this Agreement and for a period of not less than […***…] following the termination or expiration of this Agreement. C. Xencor shall waive subrogation rights against Cardinal Health for Workers’ compensation benefits and shall obtain a waiver from any insurance carriers with which Xencor carries workers’ compensation insurance releasing their subrogation rights against Cardinal Health. X. Xxxxxxxx Health, Inc. and its subsidiaries and affiliates shall be named as additional insureds under the Commercial General Liability and