Grouped Into 58 Collections of Similar Clauses From Business Contracts
This page contains Insurance clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Insurance. Consultant shall maintain such insurance as shall be reasonably necessary to insure itself against any claim or claims for damages arising out of the Services or this Agreement.
Insurance. Consultant shall maintain such insurance as shall be reasonably necessary to insure itself against any claim or claims for damages arising out of the Services or this Agreement. Consultant shall provide evidence of such coverage to the Voyager upon request.
Insurance. 10.1.Manager will obtain and keep in full force and effect, in accordance with the laws of the state in which each Property is located, worker's compensation insurance covering all employees of Manager at the Properties and all persons engaged in the performance of any work required under this Agreement. 10.2.Manager will cooperate with and provide reasonable access to the Properties to representatives of insurance companies and insurance brokers with respect to insurance which is in effect or f...or which application has been made. 10.3.Manager will promptly investigate and report in detail to Owner and the applicable insurance carriers all accidents, claims for damage relating to the ownership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair.View More
Insurance. 10.1.Manager will obtain and keep in full force and effect, in accordance with the laws of the state in which each Property is located, worker's compensation insurance covering all employees of Manager at the Properties and all persons engaged in the performance of any work required under this Agreement. 10.2.Manager will cooperate with and provide reasonable access to the Properties to representatives of insurance companies and insurance brokers with respect to insurance which is in effect or f...or which application has been made. 10.3.Manager 10.2.Manager will promptly investigate and report in detail to Owner and the applicable insurance carriers all accidents, claims for damage relating to the ownership, operation or maintenance of the Properties, and any damage or destruction to the Properties and the estimated costs of repair. View More
Insurance. To the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, trustees, general partners, managing members, officers, employees, agents or fiduciaries of the Company or any other Enterprise, Indemnitee shall be covered by such policy or policies to the same extent as the most favorably-insured persons under such policy or policies in a comparable position. 10 19. Subrogation. In the event of any payment under this Agreement, the Company sha...ll be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.View More
Insurance. To the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, trustees, general partners, managing members, officers, employees, agents or fiduciaries of the Company or any other Enterprise, Indemnitee shall be covered by such policy or policies to the same extent as the most favorably-insured persons under such policy or policies in a comparable position. 10 19. 11 17. Subrogation. In Subject to Section 14, in the event of any payment unde...r this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who including from any insurance carrier or Enterprise, and Indemnitee shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights. View More
Insurance. Each party shall, at its sole cost and expense, commencing no later than the date upon which the Lessee commences operations on the Property, and continuing throughout the duration of this Lease, obtain, keep, and maintain in full force and effect comprehensive general public liability insurance against claims for personal injury, bodily injury, death, or property damage occurring in, upon, or about the Property in an amount of not less than Five Million United States Dollars (US$5,000,000.00) i...n respect to injury or death of one person and to the limit of not less than Five Million United States Dollars (US$5,000,000.00) in respect to any one accident, and to the limit of not less than Five Million United States Dollars (US$5,000,000.00) in respect to property damage with respect to the use of the Property. Each party shall deliver to the other party certificates of insurance, which shall declare that the respective insurer may not cancel the same, in whole or in part, without giving each party written notice of its intention to do so at least thirty (30) days' prior written notice.View More
Insurance. Each party shall, at its sole cost and expense, commencing no later than the date upon which the Lessee Candeo commences operations on the Property, and continuing throughout the duration of this Lease, Amended Material Supply Agreement, obtain, keep, and maintain in full force and effect comprehensive general public liability insurance against claims for personal injury, bodily injury, death, or property damage occurring in, upon, or about the Property in an amount of not less than Five Million... United States Dollars (US$5,000,000.00) , or such other amount as the parties may agree, in respect to injury or death of one person and to the limit of not less than Five Million United States Dollars (US$5,000,000.00) (US$5,000,000.00), or such other amount as the parties may agree, in respect to any one accident, and to the limit of not less than Five Million United States Dollars (US$5,000,000.00) , or such other amount as the parties may agree, in respect to property damage with respect to the use of the Property. Each party shall deliver to the other party certificates of insurance, which shall declare that the respective insurer may not cancel the same, in whole or in part, without giving each party written notice of its intention to do so at least thirty (30) days' prior written notice. In addition, Candeo shall ensure that any contractors or sub-contractors engaged in respect of operations on the Property shall have insurance coverage substantially similar to that required of Candeo, which to the extent that all operations have been contracted by Candeo, can stand in place of the coverage required to be obtained by Candeo. View More
Insurance. At all times each party shall maintain (i) commercial general liability insurance of not less than $[***] per occurrence and (ii) workers' compensation insurance at or greater than the minimum levels required by applicable law; Customer shall also maintain (a) "all risk" personal property insurance in an amount at least equal to the full replacement value of the Customer Equipment and (b) business loss and interruption insurance in an amount sufficient to compensate Customer and Customer's end u...sers for loss of the Colocation Space related services or the Carrier Services. Customer retains the risk of loss for, loss of (including loss of use), or damage to, the Customer Equipment and other personal property located in the Premises. Switch's insurance policies do not provide coverage for Customer's personal property. Customer agrees that Customer shall not and shall cause the Customer Representatives to not pursue any Claims against Switch unless and until Customer or the Customer Representative, as applicable, first files a claim against Customer's insurance policy and the applicable insurance provider(s) finally resolve such claims. Such policies may not be cancelled without thirty (30) days prior notice to Switch and Customer shall provide policy endorsements upon request. Each party shall ensure that each policy required hereunder contains a waiver of subrogation provision for the benefit of the other party.View More
Insurance. At all times (i) each party shall maintain (i) commercial general liability insurance of not less than $[***] $1,000,000 per occurrence occurrence; and (ii) workers' worker's compensation insurance at or greater than the minimum levels required by applicable law; and (iii) Customer shall also maintain (a) "all risk" personal property insurance in an amount at least equal reasonably estimated to cover the full replacement value of the Customer Equipment and (b) business loss and interruption insu...rance in an amount sufficient to compensate Customer and Customer's end users for loss of the Colocation Space related services Services or the Carrier Services. Customer retains the risk of loss for, loss of (including loss of use), or damage to, the Customer Equipment and other personal property located in the Premises. Switch's insurance policies do not provide coverage for Customer's personal property. Customer agrees that Customer shall not and shall cause the Customer Representatives to not pursue any Claims against Switch unless and until Customer or the Customer Representative, as applicable, first files a claim against Customer's insurance policy and the applicable insurance provider(s) finally resolve such claims. Such policies may not be cancelled without thirty (30) days prior notice to Switch and Customer shall provide policy endorsements upon request. Each party shall ensure that each policy required hereunder contains a waiver of subrogation provision for the benefit of the other party. View More
Insurance. Co-Lessees assume the entire risk of loss or damages to the Leased Equipment, whether or not covered by insurance, and no such loss shall relieve Co- Lessees of its obligations hereunder. Co- Lessees agree to keep the Leased Equipment insured and to provide proof of insurance to Lessor in the Leased Equipment and to protect all interests of Lessor, at Co- Lessees' expense, against all risks of loss or damage from any cause whatsoever for not less than the unpaid balance of the lease rentals due ...hereunder or eighty percent (80%) of the then current value of said Leased Equipment, whichever is higher. Co- Lessees shall carry public liability insurance, both bodily injury and property damage, insuring the Leased Equipment, which shall be of a type, form, in amounts, with companies and contain terms and conditions satisfactory to Lessor. During the Term of this Lease Agreement, Lessor and Lessor's lenders shall be named as an additional insured in all such insurance policies provided and as a loss payee in the policies insuring the Leased Equipment. Each policy shall expressly provide that said insurance as to Lessor and its assigns shall not be invalidated by any acts, omissions or neglect 5 of Co-Lessees. Co-Lessees shall provide (30) days prior written notice to Lessor of any cancellation of policy. As to each policy, Co-Lessees shall furnish Lessor a Certificate of Insurance and copy of policy from the insurer reflecting the coverage required by this paragraph on or before the Lease Date. The proceeds of such insurance whether resulting from loss or damage, shall be applied toward the replacement or repair of the Leased Equipment or the payment of Co-Lessees' obligations under this Agreement. If Co-Lessees fail to maintain the insurance required by this paragraph, Lessor may, but it is not obligated to, obtain insurance in such forms and amounts as it deems reasonable to protect its interests and Co-Lessees agree to reimburse Lessor for all such costs together with interest at the rate provided herein upon demand.View More
Insurance. Co-Lessees assume Lessee assumes the entire risk of loss or damages to the Leased Equipment, whether or not covered by insurance, and no such loss shall relieve Co- Lessees Lessee of its obligations hereunder. Co- Lessees agree Lessee agrees to keep the all Leased Equipment insured and and, upon reasonable request, to provide proof of insurance to Lessor in the all Leased Equipment and Equipment; to protect all interests of Lessor, at Co- Lessees' Lessee's expense, against all risks of loss or d...amage from any cause whatsoever for not less than the unpaid balance of the lease rentals due hereunder under the applicable Lease with respect to a unit of Leased Equipment or eighty percent (80%) of the then current value Fair Market Value of said such Leased Equipment, whichever is higher. Co- Lessees shall carry higher, and to purchase insurance in the amount set forth in Lessee's approved equipment lease application to cover the liability of Lessor for public liability insurance, both bodily injury and or property damage, insuring the Leased Equipment, which shall be of a type, form, in amounts, with companies and contain terms and conditions satisfactory to Lessor. damage. During the Term of this Lease Agreement, a Lease, Lessor and Lessor's lenders shall be named as an additional insured in all such insurance policies provided providing and as a loss payee in the policies insuring the applicable Leased Equipment. Each policy shall expressly provide that said insurance as to Lessor and its assigns shall not be invalidated canceled by any acts, omissions or neglect 5 of Co-Lessees. Co-Lessees Lessee (other than non- payment by Lessee of amounts due) and each policy shall provide (30) not be canceled without ten (10) days prior written notice by Lessee to Lessor of any cancellation of policy. Lessor. As to each policy, Co-Lessees Lessee shall furnish Lessor a Certificate certificate of Insurance and copy of policy insurance from the insurer reflecting the coverage required by this paragraph Section 9 on or before the applicable Lease Date. The proceeds of such insurance whether resulting from any loss or damage, damage to Leased Equipment, shall be applied toward the replacement or repair of the such Leased Equipment. Upon written notice to lessor, Lessee may place such replaced or repaired Leased Equipment at a different Equipment Location. Lessee shall name Lessor as a loss payee for loss or the payment of Co-Lessees' obligations damage or return premium under this Agreement. any insurance policy issued with respect to Leased Equipment. If Co-Lessees fail Lessee fails to maintain the insurance required by this paragraph, Section 9, Lessor may, but it is not obligated to, obtain insurance in such forms and amounts as it deems reasonable to protect its interests and Co-Lessees agree Lessee agrees to reimburse Lessor for all such costs together with interest at the rate provided herein upon demand. View More
Insurance. (a) Contractor's Insurance. Contractor shall carry insurance (with insurance companies with a minimum Bests Rating of A-, X or its equivalent from other professional rating companies satisfactory to Company) in the amounts set forth in Exhibit D effective prior to the commencement of any Work under this Contract, and such insurance shall be maintained in full force and effect at all times Work is performed and/or this Contract is in effect. In each such policy, except Worker Compensation and Emp...loyers Liability, to the extent of the liabilities agreed to be assumed by Contractor, Contractor shall cause (i) the insurer to waive all rights of subrogation against Company Group, (ii) Company Group to be listed as additional insureds and (iii) such policy to be primary as to any other policy of Company Group or otherwise. Before engaging in any Work hereunder, Contractor shall furnish Company an executed Certificate of Insurance (in form satisfactory to Company) evidencing the foregoing insurance. Contractor shall 7 cause each insurer to agree to give Company at least thirty (30) days written notice of cancellation or expiration of any such policies or of any other changes that would materially reduce the limits or coverage (or increase the costs to Company) of such policies. Notwithstanding any provision herein to the contrary, failure to secure the insurance coverage, the failure to comply fully with any of the insurance provisions of this Contract, or the failure to secure such endorsements on the policies as may be necessary to carry out the terms and provisions of this Contract, (x) shall in no way act to relieve Contractor from the obligations of this Contract, and (y) shall constitute grounds for the immediate termination of this Contract by Company (in addition to any other rights or remedies available to Company). (b) Waiver of Subrogation. Company and Contractor each hereby waives any and all rights of recovery against the other Group, as defined above, for loss of or damage to such waiving Party or its property or the property of others under its control, where such loss or damage is insured under any insurance policy in force at the time of such loss or damage. Company and Contractor shall, upon obtaining the policies of insurance required hereunder, give notice to the insurance carrier or carriers that the foregoing mutual waiver of subrogation is contained in this Contract.View More
Insurance. (a) Contractor's Insurance. Contractor shall carry insurance (with insurance companies with a minimum Bests Rating of A-, X or its equivalent from other professional rating companies satisfactory to Company) in the amounts set forth in Exhibit D effective prior to the commencement of any Work under this Contract, and such insurance shall be maintained in full force and effect at all times Work is performed and/or this Contract is in effect. In each such policy, except Worker Compensation and Emp...loyers Liability, to the extent of the liabilities agreed to be assumed by Contractor, Contractor shall cause (i) the insurer to waive all rights of subrogation against Company Group, (ii) Company Group to be listed as additional insureds and (iii) such policy to be primary as to any other policy of Company Group or otherwise. Before engaging in any Work hereunder, Contractor shall furnish Company an executed Certificate of Insurance (in form satisfactory to Company) evidencing the foregoing insurance. Contractor shall 7 cause each insurer to agree to give Company at least thirty (30) days written notice of cancellation or expiration of any such policies or of any other changes that would materially reduce the limits or coverage (or increase the costs to Company) of such policies. Notwithstanding any provision herein to the contrary, failure to secure the insurance coverage, the failure to comply fully with any of the insurance provisions of this Contract, or the failure to secure such endorsements on the policies as may be necessary to carry out the terms and provisions of this Contract, (x) shall in no way act to relieve Contractor from the obligations of this Contract, and (y) shall constitute grounds for the immediate termination of this Contract by Company (in addition to any other rights or remedies available to Company). (b) Waiver of Subrogation. Company and Contractor each hereby waives any and all rights of recovery against the other Group, as defined above, for loss of or damage to such waiving Party or its property or the property of others under its control, where such loss or damage is insured under any insurance policy in force at the time of such loss or damage. Company and Contractor shall, upon obtaining the policies of insurance required hereunder, give notice to the insurance carrier or carriers that the foregoing mutual waiver of subrogation is contained in this Contract. ยท 16. Incident Report. Contractor shall immediately notify Company in the event of any incident resulting in injury to any person or property damage in excess of $500.00 and arising out of the Work. Contractor shall prepare and furnish Company a copy of all incident report within ten (10) calendar days thereof, and when requested, shall furnish Company with a copy of all reports made by Contractor to Contractor's insurers with respect thereto. Revision Date: 7/26/13 8 17. Independent Contractor. Contractor shall be an independent contractor with respect to the performance of all Work, and neither Contractor nor anyone employed by Contractor shall be deemed for any purpose to be the employee, agent, servant, borrowed servant or representative of Company in the performance of any Work. Company shall have no direction or control of Contractor or its employees, agents, representatives or subcontractors, except in the results to be obtained. However, the foregoing shall in no way affect or preclude the right of the Company Group to assert any statutory employer defense or other defense which may exist. The Work contemplated herein shall meet the approval of Company and be subject to the general right of inspection of Company to secure the satisfactory completion thereof. The actual performance and supervision of all Work shall be by Contractor, but Company or its representatives shall have full and complete access to the Work site to determine whether the Work is being performed by Contractor in accordance with all provisions of this Contract and applicable Orders and for reasons otherwise stated in this Contract. No provisions herein shall be construed as creating a partnership), joint venture or other association whereby the Company and Contractor would be jointly liable or liable as partners or co-venturers. View More
Insurance. During the Employment Term, the Company shall obtain comprehensive major medical, hospitalization and disability insurance coverage, either group or individual, for the Executive and his dependents, and may obtain or may continue in force life ("key man") insurance on the Executive for the benefit of the Company/Executive (collectively, the "Policies"), which Policies the Company shall keep in effect at its sole expense throughout the Term. The Policies to be provided by the Company shall be on ...terms as determined by the Board. Within 30 days following any termination of this Agreement, at the Executive's option, the Company shall assign to the Executive all assignable insurance policies on the life of the Executive then owned by the Company in consideration of the payment by the Executive of the premiums accruing after the date of such termination.View More
Insurance. During the Employment Term, the Company shall obtain comprehensive major medical, hospitalization and disability insurance coverage, either group or individual, for the Executive and his dependents, and may obtain or may continue in force life ("key man") insurance on the Executive for the benefit of the Company/Executive (collectively, the "Policies"), which Policies the Company shall keep in effect at its sole expense throughout the Term. The Policies to be provided by the Company shall be on ...terms tem1s as determined by the Board. Within 30 days following any termination of this Agreement, at the Executive's option, the Company shall assign to the Executive all assignable insurance policies on the life of the Executive then owned by the Company in consideration of the payment by the Executive of the premiums accruing after the date of such termination. View More
Insurance. Lessee, at its own expense, shall keep each item of Equipment insured against all risks for its replacement value, and in no event less than its Stipulated Loss Value, and shall maintain public liability and, with respect to Equipment that is over-the-road vehicles, automotive liability insurance against such risks and for such amounts as Lessor may require. All such insurance shall (a) be with companies rated "A-" or better by A.M. Best Company, in such form as Lessor shall approve, (b) specify... Lessor and Lessee as insureds and provide that it may not be canceled or altered in any way that would affect the interest of Lessor without at least 30 days' prior written notice to Lessor (10 days' in the case of nonpayment of premium), (c) be primary, without right of contribution from any other insurance carried by Lessor and contain waiver of subrogation and "breach of warranty" provisions satisfactory to Lessor, (d) provide that all amounts payable by reason of loss or damage to Equipment shall be payable solely to Lessor, unless Lessor otherwise agrees, and (e) contain such other endorsements as Lessor may reasonably require. Lessee shall provide Lessor with evidence satisfactory to Lessor of the required insurance upon the execution of any Schedule and promptly upon any renewal of any required policy.View More
Insurance. Lessee, at its own expense, shall keep each item of Equipment insured against all risks for its replacement value, and in no event less than its Stipulated Loss Value, and shall maintain public liability and, with respect to Equipment that is over-the-road vehicles, automotive liability insurance against such risks and for such amounts as Lessor may reasonably require. All such insurance shall (a) be with companies rated "A-" or better by A.M. Best Company, in such form as Lessor shall approve, ...(b) specify Lessor and Lessee as insureds and provide that it may not be canceled or altered in any way that would affect the interest of Lessor without at least 30 20 days' prior written notice to Lessor (10 days' in the case of nonpayment of premium), (c) be primary, without right of contribution from any other insurance carried by Lessor and contain waiver of subrogation and "breach of warranty" provisions satisfactory to Lessor, (d) provide that all amounts payable by reason of loss or damage to Equipment shall be payable solely to Lessor, unless Lessor otherwise agrees, and (e) contain such other endorsements as Lessor may reasonably require. Lessee shall provide Lessor with evidence satisfactory to Lessor of the required insurance upon the execution of any Schedule and promptly upon any renewal of any required policy. Notwithstanding the foregoing, Lessee need not maintain all risk property damage insurance ("Property Insurance") for the Equipment, and shall maintain adequate self-insurance for all such risks, if and for so long as: (i) no Event of Default exists; (ii) such self-insurance is consistent with prudent industry practice for equipment similar to the Equipment; (iii) Lessee does not maintain third-party insurance for other similar equipment it may own or lease; and (iv) Lessee maintains adequate reserves for such exposure in accordance with generally accepted accounting principles and prudent industry practice; it being understood and agreed that if any item of Equipment is lost, stolen, confiscated, destroyed or damaged beyond repair, Lessee shall, on or before the next Rent payment date occurring at least 30 days following such Casualty (or, if none, within 30 days) , unconditionally pay to Lessor the Stipulated Loss Value and other amounts payable in accordance with this Agreement; provided, however, that upon the occurrence of an Event of Default, then Lessee agrees, upon receipt of notice from Lessor, to obtain Property Insurance from a third party insurer complying in all respects with the terms of the preceding paragraph. View More
Insurance. During the Term and for a period of six (6) years thereafter (regardless of the reason for the termination of Employee's employment), the Company shall maintain suitable directors and officers insurance coverage for Employee in her respective roles and shall name Employee as an additional insured under such insurance policies, which policies shall be no less favorable to Employee than such insurance policies that cover OraSure's directors during such time period.
Insurance. During the Term and for a period of six (6) years thereafter (regardless of the reason for the termination of Employee's employment), the Company shall maintain suitable directors and officers insurance coverage for Employee in her his respective roles and shall name Employee as an additional insured under such insurance policies, which policies shall be no less favorable to Employee than such insurance policies that cover OraSure's the Company's directors during such time period.