Common use of Commercial General Liability Insurance, Protection & Indemnity Insurance, and Pollution Insurance Clause in Contracts

Commercial General Liability Insurance, Protection & Indemnity Insurance, and Pollution Insurance. (a) The Licensee shall maintain Commercial General Liability insurance in the amount of at least Five Million Dollars ($5,000,000) per occurrence for bodily injury (including death) and property damage and Five Million Dollars ($5,000,000) for personal and advertising injury. In the event such insurance contains an aggregate limit, the aggregate shall apply on a per-location basis applicable to the Licensed Premises and such per-location aggregate shall be at least Five Million Dollars ($5,000,000). This insurance shall protect the insureds from claims that may arise from any of the operations under this License. Coverage shall be at least as broad as that provided by the most recently issued Insurance Services Office (“ISO”) Form CG 00 01, shall contain no exclusions other than as required by law or as approved by the Commissioner, and shall be “occurrence” based rather than “claims-made.”

Appears in 2 contracts

Samples: License Agreement, License Agreement

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Commercial General Liability Insurance, Protection & Indemnity Insurance, and Pollution Insurance. (a) A. The Licensee shall maintain Commercial General Liability insurance in the amount of at least Five Million Dollars ($5,000,000) per occurrence for bodily injury (including death) and property damage and Five Million Dollars ($5,000,000) for personal and advertising injury. In the event such insurance contains an aggregate limit, the aggregate shall apply on a per-location basis applicable to the Licensed Premises and such per-location aggregate shall be at least Five Million Dollars ($5,000,000). This insurance shall protect the insureds from claims that may arise from any of the operations under this License. Coverage shall be at least as broad as that provided by the most recently issued Insurance Services Office (“ISO”) Form CG 00 01, shall contain no exclusions other than as required by law or as approved by the Commissioner, and shall be “occurrence” based rather than “claims-made.”

Appears in 2 contracts

Samples: License Agreement, License Agreement

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