Required Insurance Coverage definition

Required Insurance Coverage means the insurance coverage required pursuant to Article 9 (Insurance) of the Loan Agreement and under any other Loan Document.

Required Insurance Coverage means, collectively, the Required Business Interruption Insurance Coverage, the Required Flood Insurance Coverage (if any), the Required Property Insurance Coverage and the Required Public Liability Insurance Coverage, each of which, in addition to the requirements described in their respective definitions, (i) must provide for 10 days’ notice to the Investor in the event of cancellation or nonrenewal and (ii) must name as an additional insured (mortgagee/loss payee) the Investor.

Required Insurance Coverage means, collectively, the Required Builder’s Risk Insurance Coverage, the Required Business Interruption Insurance Coverage, the Required Flood Insurance Coverage (if any), the Required Property Insurance Coverage and the Required Public Liability Insurance Coverage, each of which, in addition to the requirements described in their respective definitions, (i) must provide for 10 days’ notice to the Investor in the event of cancellation or nonrenewal and (ii) must name as an additional insured (mortgagee/loss payee) the Investor.

Examples of Required Insurance Coverage in a sentence

• CONSULTANT shall provide and maintain insurance with coverages and limits of liability not less than those specified in Exhibit G Required Insurance Coverage from Consultant.

• VENDOR shall provide and maintain insurance with coverages and limits of liability not less than those specified in Exhibit G Required Insurance Coverage from Vendor.

• Required Insurance Coverage: Before performing any work on the Contract, the Contractor shall procure and maintain for the duration of the Contract, insurance against any claims for injuries to persons ordamage to property which may arise from or in connection with the performance of the work in this Contract by the Contractor, its agents, representatives, employees or subcontractors.

• As prescribed in 48 CFR 1328.310-70(c), insert the following clause: Deductibles Under Required Insurance Coverage - Cost Reimbursement (APR 2010) (a) The contractor is required to present evidence of the amount of any deductibles in its insurance coverage.

• As prescribed in 48 CFR 1328.310-70(d), insert the following clause: Deductibles Under Required Insurance Coverage - Fixed Price (APR 2010) When the Government is injured, wholly or partially as a result of the contractor's actions and such actions are covered by the insurance required by 1352.228-70, Insurance Coverage, the Government is entitled to recover from the contractor the full amount of any such injury attributable to the contractor regardless of a deductible.

More Definitions of Required Insurance Coverage

Required Insurance Coverage. (check all that apply): ☐

Required Insurance Coverage means the policies of insurance and coverage required to be maintained by DS Holdings and the Subsidiaries pursuant to the provisions of the Transaction Documents, together with the additional policies of insurance and coverage described on Schedule V.

Required Insurance Coverage commercial general liability, including bodily injury and property damage, contractual liability, personal injury and advertising liability, and including a waiver of subrogation with respect to the Indemnified Parties, in amounts no less than $5,000,000 per occurrence/$5,000,000 aggregate, (2) product liability, including bodily injury and property damage, in amounts no less than $5,000,000 per occurrence/$5,000,000 aggregate, (3) automobile liability in amounts no less than $1,000,000 Combined Single Limit, Bodily Injury and Property Damage and (4) workers' compensation, in amounts no less than the statutory limit. Within thirty (30) days from the date of this License Agreement,' LICENSEE shall submit to NHLE a fully paid policy or certificate of insurance from a New York admitted carrier with a Best's rating of no less than MI evidencing the Required Insurance Coverage and naming each of the Indemnified Parties as additional insured parties with respect to all of the Required Insurance Coverage except workers' compensation, providing that coverage shall extend to the Claims arising out of the use of Licensed Product(s) manufactured or sold under this License Agreement or otherwise arising out of this License Agreement, no matter when such Claims may be asserted, and further providing that the insurer shall not terminate or materially modify such coverage without written notice to NHLE at least thirty (30) days in advance thereof, and that if the insurer does so, NHLE will have the option to pay the premiums necessary to maintain or continue such insurance in effect, in which case NHLE shall be entitled to reimbursement from LICENSEE for the cost of such premiums. The Required Insurance Coverage shall be primary to all other valid and collectible insurance held by the additional insured parties. LICENSEE acknowledges and agrees that LICENSEE's acquisition of the Required Insurance Coverage shall not satisfy or limit LICENSEE's indemnity obligations hereunder, LICENSEE shall provide NHLE with renewal policies or certificates of insurance in accordance with the terms hereof on an annual basis, covering all periods through and until all applicable statutes of limitations have expired.

Required Insurance Coverage means, collectively, such policies of insurance in such amounts set forth on Exhibit J.

Required Insurance Coverage. (1) commercial general liability,including bodily injury and propertydamage,contractualliability,personalinjury and advertising liability, and including a waiver of subrogation with respect to the Indemnified Parties, in amounts no less than $5,000,000 per occurrence/$5,000,000 aggregate,

Required Insurance Coverage of a party pursuant to Section 17 above: comprehensive public liability insurance with liability coverage of at least One Million and No/100 Dollars ($1,000,000.00) per occurrence for bodily injury and property damage, automobile liability coverage including owned and hired vehicles with a combined single limit of not less than One Million and No/100 Dollars ($1,000,000.00) per occurrence for bodily injury and property damage, and an excess umbrella liability policy of bodily injury and property damage in the amount of Five Million and No/100 Dollars ($5,000,000.00), insuring Seller as an additional insured.

Required Insurance Coverage means the insurance coverage that Resident is required to maintain as set forth in Section 308.