Claims-Made Basis Coverage. If any of the insurance coverages required under this Agreement is written on a claims-made basis, Consultant, at Consultant's option, shall either (i) maintain said coverage for at least five (5) years following the termination of this Agreement with coverage extending back to the effective date of this Agreement; (ii) purchase an extended reporting period of not less than five (5) years following the termination of this Agreement; or (iii) acquire a full prior acts provision on any renewal or replacement policy.
Appears in 9 contracts
Samples: Professional Services Agreement, Professional Services Agreement, Master Services Agreement
Claims-Made Basis Coverage. If any of the insurance coverages required under this Agreement is written on a claims-made basis, Consultant.Consultant, at Consultant's option, shall either (i) maintain said coverage for at least five (5) years following the termination of this Agreement with coverage extending back to the effective date of this Agreement; (ii) purchase an extended reporting period of not less than five (5) years following the termination of this Agreement; or (iii) acquire a full prior acts provision on any renewal or replacement policy.
Appears in 1 contract
Samples: Professional Services Agreement
Claims-Made Basis Coverage. If any of the insurance coverages required under this Agreement is written on a claims-made basis, ConsultantCONSULTANT, at Consultant's CONSULTANT’S option, shall either (i) maintain said coverage for at least five (5) years following the termination of this Agreement with coverage extending back to the effective date of this Agreement; (ii) purchase an extended reporting period of not less than five (5) years following the termination of this Agreement; or (iii) acquire a full prior acts provision on any renewal or replacement policy.
Appears in 1 contract
Samples: Professional Services Agreement