Broad Form Coverage Sample Clauses
The Broad Form Coverage clause serves to extend insurance or contractual protection to a wider range of risks, losses, or parties than standard coverage provisions. In practice, this clause may include additional insureds, cover indirect or consequential damages, or encompass a broader array of perils, such as theft, vandalism, or third-party claims, that might otherwise be excluded. Its core function is to maximize the scope of protection, reducing potential gaps and ensuring that more scenarios are covered, thereby offering greater security and peace of mind to the parties involved.
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Broad Form Coverage. Tenant's liability coverage shall include all the coverages typically provided by the Broad Form Comprehensive General Liability Endorsement, including broad form property damage coverage (which shall include coverage for completed operations). Tenant's liability coverage shall further include premises-operations coverage, owners and contractors protective (OCP) coverage (when reasonably required by Landlord), and the broadest available form of contractual liability coverage. It is the parties' intent that Tenant's contractual liability coverage provide coverage to the maximum extent possible of Tenant's indemnification obligations under this Lease.
Broad Form Coverage. Purchaser shall, at its own expense, at all times during the term of this contract, maintain in force a broad form property damage policy. The coverage under the broad form property damage policy shall be a minimum of $2,000,000.
Broad Form Coverage. Tenant's liability coverage shall include all the coverages typically provided by the Broad Form Comprehensive General Liability Endorsement, including broad form property damage coverage (which shall include coverage for completed operations). Tenant's liability coverage shall further include premises operations coverage, products completed operations coverage, owners and contractors protective coverage (when reasonably required by landlord), and the broadest available form of contractual liability coverage. It is the (when reasonably required by landlord), and the broadest available form of contractual liability coverage. It is the parties' intent that Tenant's contractual liability coverage provide coverage to the maximum extent possible of Tenant's indemnification obligations under this Lease.