INSURANCE 18 Sample Clauses

INSURANCE 18. A. GENERAL 18 B. COMMERCIAL GENERAL LIABILITY INSURANCE (CGL) 19 C. AUTOMOBILE INSURANCE 19 D. WORKERS COMPENSATIONS INSURANCE 19 E. UMBRELLA LIABILITY INSURANCE 20 F. BUILDER’S RISK INSURANCE 20 G. POLLUTION LIABILITY INSURANCE 21 H. ADDITIONAL MISCELLANEOUS INSURANCE PROVISIONS 21 ARTICLE 26. CONTRACTOR’S PERFORMANCE AND PAYMENT BONDS 21 ARTICLE 27. LABOR AND WAGES 22 ARTICLE 28. ROYALTIES AND PATENTS 22 ARTICLE 29. ASSIGNMENT 22 ARTICLE 30. CORRECTION OF WORK BEFORE ACCEPTANCE 22 PAYMENT AND COMPENSATION ARTICLE 31. APPLICATIONS FOR PAYMENTS 23 A. CONTRACTOR’S SUBMITTALS 23 B. ARCHITECT/ENGINEER CERTIFICATION 24 C. RETAINAGE WITHHELD 24 D. RELEASE OF RETAINAGE 24 ARTICLE 32. CERTIFICATES FOR PAYMENTS 25 ARTICLE 33. PAYMENTS WITHHELD 25 ARTICLE 34. DEDUCTIONS FOR UNCORRECTED WORK 26
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INSURANCE 18. 1 EDC shall procure and maintain, at EDC's sole expense (but subject to Schedule "C"), at all times during the term of this Agreement: 18.1.1 Commercial General Liability Insurance EDC shall provide coverage on a Commercial General Liability Occurrence Coverage Form CG 00 01 01 96 (or equivalent) with limits of not less than $1,000,000 each occurrence, $1,000,000 products/completed operations aggregate, $1,000,000 personal injury aggregate and $2,000,000 general aggregate with deductibles and/or self-insured retentions determined by EDC in the exercise of its reasonable discretion. Railroad Protective Liability is to be included if that exposure exists. Limit of Liability for railroad protective liability required is not less than $5,000,000 per occurrence and in the aggregate. Any exclusions or amendments to the policy form must be disclosed by EDC. EDC's policy shall be specifically endorsed with Form CG 20 10 10 93 (or equivalent) to include Orica, its directors, officers and employees, as an Additional Insured. EDC's policy shall be specifically endorsed with form CG 24 02 10 93 (or equivalent) to waive any rights of subrogation against Orica.

Related to INSURANCE 18

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • FIRE INSURANCE The LESSEE shall not permit any use of the leased premises which will make voidable any insurance on the property of which the leased premises are a part, or on the contents of said property or which shall be contrary to any law or regulation from time to time established by the New England Fire Insurance Rating Association, or any similar body succeeding to its powers. The LESSEE shall on demand reimburse the LESSOR, and all other tenants, all extra insurance premiums caused by the LESSEE's use of the premises.

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