Applicable to All Coverage. during the course of any program or activity sponsored by the School and all contractors or agents of the School. The School and all contractors or agents of the School’s promise to indemnify, defend and hold harmless also includes an obligation to assume full responsibility and expense of investigation, litigation, judgment and or settlement of any complaint, claim or legal action. The insurance provided by the School, its management company, or similar contractors or agents of the School shall apply on a primary basis and any other insurance or self-insurance maintained by the Board or its members, officers, employees or agents, shall be in excess of the insurance provided by or on behalf of the School. Except as otherwise specified, the insurance maintained by the School, its management company, or similar contractors or agents of the School shall apply on a first dollar basis without application of a deductible or self-insurance retention. Compliance with the insurance requirements of this Charter shall not limit the liability of the School, its subcontractors, its sub-subcontractors, its employees or its agents to the Board or others. Any remedy provided to the Board or its members, officers, employees or agents by the insurance shall be in addition to and not in lieu of any other remedy available under this Charter or otherwise. The School, its management company, or similar contractors or agents of the School shall require its subcontractors and its sub-subcontractors to maintain any and all insurance required by law. The Sponsor suggests that the School require its contractor, agent, or other similar entities to carry the same limit required of them by the Sponsor. Neither approval by the Sponsor nor failure to disapprove the insurance furnished by the School shall relieve the School of its full responsibility to provide the insurance as required by this Charter. The School shall be in default of this Charter for failure to maintain such insurance as required by this Charter.
Appears in 1 contract
Sources: Charter School Renewal Contract
Applicable to All Coverage. Leader's Errors & Omissions Insurance policies offered by The National Union Fire Insurance Co. of Pennsylvania, arising out of the rendering or failure to render professional services in the performance of this Charter, including all provisions of indemnification which is part of this Charter.
b. The insurance shall be subject to a maximum deductible not to exceed $10,000 per claim.
c. If on a claims made basis, the School shall maintain, without interruption, the Professional Liability Insurance until three years after termination of this Charter.
d. The minimum limits to be maintained (Inclusive of any amounts provided by an umbrella or excess policy) shall be $2 million annual aggregate.
e. The School, its management company, or similar contractors or agents of the School subject to any limitation found in F.S. 768.28 shall indemnify, defend and hold the Sponsor harmless from all liability for any injury or damage which occurs during the course of any program or activity sponsored by the School and all contractors or agents of the School. The School and all contractors or agents of the School’s promise to indemnify, defend and hold harmless also includes an obligation to assume full responsibility and expense of investigation, litigation, judgment and or settlement of any complaint, claim or legal action. The insurance provided by the School, its management company, or similar contractors or agents of the School shall apply on a primary basis and any other insurance or self-insurance maintained by the Board or its members, officers, employees or agents, shall be in excess of the insurance provided by or on behalf of the School. Except as otherwise specified, the insurance maintained by the School, its management company, or similar contractors or agents of the School shall apply on a first dollar basis without application of a deductible or self-insurance retention. Compliance with the insurance requirements of this Charter shall not limit the liability of the School, its subcontractors, its sub-subcontractors, its employees or its agents to the Board or others. Any remedy provided to the Board or its members, officers, employees or agents by the insurance shall be in addition to and not in lieu of any other remedy available under this Charter or otherwise. The School, its management company, or similar contractors or agents of the School shall require its subcontractors and its sub-subcontractors to maintain any and all insurance required by law. The Sponsor suggests that the School require its contractor, agent, or other similar entities to carry the same limit required of them by the Sponsor. Neither approval by the Sponsor nor failure to disapprove the insurance furnished by the School shall relieve the School of its full responsibility to provide the insurance as required by this Charter. The School shall be in default of this Charter for failure to maintain such insurance as required by this Charter.
Appears in 1 contract
Sources: Charter School Renewal Contract