Common use of Xxxxxx Insurance Clause in Contracts

Xxxxxx Insurance. XXXXXX shall procure and maintain the following insurance:(a) during the Term of this Agreement and for a period of one (1) year beyond the expiration date of Drug Product, Commercial General Liability Insurance, including without limitation, Product Liability and Contractual Liability coverage of at least two million dollars ($2,000,000) combined single limit and (b) insurance of at least $[******] to cover the loss or destruction of CLIENT Property resulting from hazard, accident, or the negligence or willful malfeasance of XXXXXX while CLIENT PROPERTY is within ALTHEA’s possession and control (the “XXXXXX Insurance”). The XXXXXX Insurance shall be with an insurance carrier reasonably acceptable to CLIENT. CLIENT shall be named as an additional insured on the XXXXXX Insurance and XXXXXX promptly shall deliver a certificate of XXXXXX Insurance and endorsement of additional insured to CLIENT evidencing such coverage. If XXXXXX fails to furnish such certificates or endorsements, or if at any time during the Term of this Agreement CLIENT is notified of the cancellation or lapse of the XXXXXX Insurance, and XXXXXX fails to rectify the same within ten (10) calendar days after notice from CLIENT, in addition to all other remedies available to CLIENT hereunder, CLIENT, at its option, may obtain the XXXXXX Insurance and XXXXXX promptly shall reimburse CLIENT for the cost of the same. Any deductible and/or self insurance retention shall be the sole responsibility of XXXXXX.

Xxxxxx Insurance. XXXXXX is, and shall during the Term of this Agreement remain, self-insured for the type of liability that could arise under this Agreement, to the same extent and in the same manner as XXXXXX maintains self-insurance for similar activities. Notwithstanding the foregoing, except in the case of an assignment of this Agreement by BAXTER to an Affiliate of Xxxxxx Healthcare Corporation, unless CLIENT otherwise reasonably agrees, any permitted assignee or successor in interest to BAXTER under this Agreement (the "Successor") shall procure and maintain the following insurance:(a) maintain, during the Term of this Agreement and for a period of one (1) year beyond the expiration date of Drug Productthe last Product Produced under this Agreement, Commercial General Liability Insurance, including without limitation, Product Liability and Contractual Liability coverage of at least two million dollars ($2,000,000) the "Successor Insurance"). The Successor Insurance shall cover amounts not less than [CONFIDENTIAL TREATMENT REQUESTED] combined single limit and (b) insurance of at least $[******] to cover the loss or destruction of CLIENT Property resulting from hazard, accident, or the negligence or willful malfeasance of XXXXXX while CLIENT PROPERTY is within ALTHEA’s possession and control (the “XXXXXX Insurance”). The XXXXXX Insurance shall be with an insurance carrier reasonably acceptable to CLIENT. CLIENT shall be named as an additional insured on the XXXXXX Successor Insurance and XXXXXX Successor promptly shall deliver a certificate of XXXXXX Successor Insurance and endorsement of additional insured to CLIENT evidencing such coverage. If XXXXXX Successor fails to furnish such certificates or endorsements, or if at any time during the Term of this Agreement CLIENT is notified of the cancellation or lapse of the XXXXXX Successor Insurance, and XXXXXX Successor fails to rectify the same within ten (10) calendar days [CONFIDENTIAL TREATMENT REQUESTED] after notice from CLIENT, in addition to all other remedies available to CLIENT hereunder, CLIENT, at its option, may obtain the XXXXXX Successor Insurance and XXXXXX Successor promptly shall reimburse CLIENT for the cost of the same. Any deductible and/or self insurance retention shall be the sole responsibility of XXXXXX.Successor. Article 16,

Xxxxxx Insurance. XXXXXX shall procure and maintain the following insurance:(a) maintain, during the Term of this Agreement and for a period of one (1) year beyond the expiration date of Drug Product, Commercial General Liability Insurance, including without limitation, Product Liability and Contractual Liability coverage of at least two million dollars ($2,000,000) combined single limit and (b) insurance of at least $[******] to cover the loss or destruction of CLIENT Property resulting from hazard, accident, or the negligence or willful malfeasance of XXXXXX while CLIENT PROPERTY is within ALTHEA’s possession and control (the “XXXXXX Insurance”). The XXXXXX Insurance shall be with an insurance carrier reasonably acceptable to CLIENTcover amounts not less than [†] combined single limit. CLIENT shall be named as an additional insured on the XXXXXX Insurance and and, upon CLIENT’s written request, XXXXXX promptly shall deliver a certificate of XXXXXX Insurance and endorsement of additional insured to CLIENT evidencing such coverage. If XXXXXX fails to furnish such certificates or endorsements, or if at any time during the Term of this Agreement CLIENT is notified of the cancellation or lapse of the XXXXXX Insurance, and XXXXXX fails to rectify the same within ten (10) calendar days after notice from CLIENT, in addition to all other remedies available to CLIENT hereunder, CLIENT, at its option, may obtain the XXXXXX Insurance and XXXXXX promptly shall reimburse CLIENT for the cost of the same. Any deductible and/or self insurance retention shall be the sole responsibility of XXXXXX.. † DESIGNATES PORTIONS OF THIS DOCUMENT THAT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT FILED SEPARATELY WITH THE COMMISSION