Excess/Umbrella Liability. The Facility Lessee shall maintain Excess/Umbrella Liability insurance providing coverage limits in excess of the primary limits applying under policies described in subsections (a)(iii), (a)(iv), and (a)(v) The limit of such excess/umbrella coverage shall not be less than $50,000,000. Such insurance shall not contain exclusions for punitive or exemplary damages.
Appears in 4 contracts
Sources: Participation Agreement (Eme Homer City Generation Lp), Participation Agreement (Eme Homer City Generation Lp), Participation Agreement (Eme Homer City Generation Lp)
Excess/Umbrella Liability. The Facility Lessee shall maintain Excess/Umbrella Liability excess or umbrella liability insurance in an amount not less than $25,000,000 written on an occurrence basis providing coverage limits in excess of the primary insurance limits applying required under policies described in subsections sections (a)(iiib)(iii), (a)(iv)b)(iv) employer’s liability only, and (a)(v) The limit b)(v). Such insurance shall follow the form of such excess/umbrella coverage shall not be less than $50,000,000the primary insurances and drop down in case of exhaustion of underlying limits and/or aggregates. Such insurance shall not contain exclusions exclude coverage for punitive or exemplary damagesdamages where insurable by law.
Appears in 3 contracts
Sources: Credit Agreement (Atlantic Broadband Finance, LLC), Credit Agreement (Atlantic Broadband Management, LLC), Credit Agreement (Atlantic Broadband Finance, LLC)
Excess/Umbrella Liability. The Facility Lessee shall maintain Excess/Umbrella Liability excess or umbrella liability insurance in an amount not less than $100,000,000 written on an occurrence basis providing coverage limits in excess of the primary insurance limits applying required under policies described in subsections sections (a)(iii)) and, (a)(iv), ) employer's liability only. Such insurance shall follow the form of the primary insurances and (a)(v) The limit drop down in the event of such excess/umbrella coverage shall not be less than $50,000,000exhaustion of underlying limits and/or aggregates. Such insurance shall not contain exclusions an exclusion for punitive or exemplary damagesdamages where insurable under law.
Appears in 1 contract