Common use of Excess/Umbrella Liability Clause in Contracts

Excess/Umbrella Liability. Umbrella liability coverage in an amount not less than $10,000,000 per occurrence. Umbrella liability coverage is to be in excess of the general liability, automobile liability and employers’ liability requirements outlined above and such requirement shall be subject to reasonable modification based on market changes and insurance coverage standards generally applicable to commercial real estate similar in type, use and location as the Property.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, static1.squarespace.com

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Excess/Umbrella Liability. Umbrella liability coverage in an amount not less than $10,000,000 3,000,000.00 per occurrence. Umbrella liability coverage is to be in excess of the commercial general liability, automobile liability liability, and workers’ compensation and employers’ liability requirements outlined above in Sections 15.2 (B), (C) and such requirement shall be subject to reasonable modification based on market changes and insurance coverage standards generally applicable to commercial real estate similar in type, use and location as the Property(D) above.

Appears in 1 contract

Samples: Lease Agreement (Aldeyra Therapeutics, Inc.)

Excess/Umbrella Liability. Umbrella liability coverage in an amount not less than $10,000,000 per occurrence. Umbrella liability coverage is to be in excess of the general liability, automobile liability and employers’ liability requirements outlined above and such requirement shall be subject to reasonable modification based on market changes and insurance coverage standards generally applicable to commercial real estate similar in type, use and location as the PropertyPremises. Such insurance shall name the City as an additional named insured.

Appears in 1 contract

Samples: Host Community Agreement

Excess/Umbrella Liability. Umbrella liability coverage in an amount not less than $10,000,000 3,000,000.00 per occurrenceoccurrence and $3,000,000.00 annual aggregate. Umbrella liability coverage is to be in excess of the commercial general liability, automobile liability liability, and employers’ liability requirements outlined above in Sections 21.2(8), (C) and such requirement shall be subject to reasonable modification based on market changes and insurance coverage standards generally applicable to commercial real estate similar in type, use and location as the Property(D) above.

Appears in 1 contract

Samples: Lease (Flywire Corp)

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Excess/Umbrella Liability. Umbrella liability coverage in an amount not less than $10,000,000 3,000,000.00 per occurrenceoccurrence and $3,000,000.00 annual aggregate. Umbrella liability coverage is to be in excess of the commercial general liability, automobile liability liability, and workers’ compensation and employers’ liability requirements outlined above in Sections 15.2 (b), (c) and such requirement shall be subject to reasonable modification based on market changes and insurance coverage standards generally applicable to commercial real estate similar in type, use and location as the Property(d) above.

Appears in 1 contract

Samples: Lease Agreement (Aldeyra Therapeutics, Inc.)

Excess/Umbrella Liability. Umbrella liability coverage in an amount not less than $10,000,000 5,000,000.00 per occurrenceoccurrence and $5,000,000.00 annual aggregate. Umbrella liability coverage is to be in excess of the commercial general liability, automobile liability liability, and employers’ liability requirements outlined above in Sections 21.2(B), (C) and such requirement shall be subject to reasonable modification based on market changes and insurance coverage standards generally applicable to commercial real estate similar in type, use and location as the Property(D) above.

Appears in 1 contract

Samples: Commencement Agreement (Albireo Pharma, Inc.)

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