Required Minimum Coverages definition

Required Minimum Coverages means the following coverages with respect to personal injury, bodily injury and property damage arising out of Company’s performance under this Agreement:
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Examples of Required Minimum Coverages in a sentence

  • Within 90 days after the Effective Date and the commencement of each policy period and any renewal periods, Company will provide Cornell with insurance certificates evidencing the Required Minimum Coverages.

  • During the Term and for a reasonable period of time thereafter, Company will procure and maintain insurance policies for the Required Minimum Coverages.

  • The Required Minimum Coverages do not constitute a limitation on Company’s liability or indemnification obligations to Cornell under this Agreement.

Related to Required Minimum Coverages

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and