CGL Sample Clauses
The CGL clause refers to Commercial General Liability insurance, which is a policy that provides coverage for businesses against claims of bodily injury, property damage, and personal or advertising injury arising from their operations, products, or premises. In a contract, this clause typically requires one party (often a contractor or service provider) to maintain CGL insurance with specified coverage limits and to provide proof of such insurance to the other party. The core practical function of the CGL clause is to allocate risk by ensuring that financial responsibility for certain third-party claims is covered by insurance, thereby protecting both parties from potentially significant liabilities.
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CGL. An Insurance Services Office occurrence based Commercial General Liability Insurance Policy, including but not limited to contractual liability, personal injury liability, advertising injury liability and products/completed operations liability coverage with minimum limits of:
CGL. A policy of Commercial General Liability Insurance which includes coverage for bodily injury, property damage, premises operations, independent contractors, and broad-form contractual liability, and Stop Gap, unless covered as Employers Liability under Part B of a Worker’s Compensation Insurance Policy with the following minimum limits:
CGL. Contractor shall have in effect and maintain occurrence commercial general liability coverage (CGL with the following minimum coverage limits: • Bodily Injury and Property Damage: $1 million per occurrence; $2 million aggregate.
CGL. Commercial general liability (“CGL”) insurance with minimum limits of coverage of [***] for bodily injury and property damage which must include the following coverages: products and completed operations, contractual liability for liabilities assumed by Contractor under the Project Agreement, personal and advertising injury liability, and property in the care, custody or control of Contractor. The CGL insurance must: (i) designate Target and the owner of the real property at the Site if not Target as an additional insured by separate written endorsement for continuing and completed products and operations, including with respect to third-party claims or actions brought directly against Target or against Target and Contractor as co-defendants and arising out of the Project Agreement, and (ii) provide for a severability of interests.
CGL. With respect to CGL on which the Insured is to be a primary insured, the Insured shall additionally deliver to the Issuer and the Trustee the following:
(A) Prior to the Commencement Date the Insured shall deliver to the Issuer and the Trustee the declarations page and the schedule of forms and endorsements pertinent thereto.
(B) Upon the expiration or sooner termination of any CGL, the Insured shall deliver to the Issuer and the Trustee a declarations page and schedule of forms and endorsements pertinent to the new or replacement CGL.
(C) Prior to the commencement of any Construction, the Insured shall deliver to the Issuer and the Trustee a declarations page and a schedule of forms and endorsements pertinent to the CGL under which the Insured is to be the primary insured during the period of such Construction.