Insurance and Indemnities. 15.1 The Service Provider shall maintain the following insurances for the duration of the contract:
Insurance and Indemnities. 15.1 The Service Provider shall maintain the following insurance for the duration of the contract: 15.1.1 Public Liability Insurance – minimum level of £2 million
Insurance and Indemnities. The Service Provider shall maintain the following insurance for the duration of the contract: Public Liability Insurance – minimum level of £2 million The Service Provider shall hold and maintain the Required Insurances for a minimum of six (6) years following the expiration or earlier termination of the agreement.
Insurance and Indemnities. Each Party shall effect and maintain adequate insurance to cover its conduct of the Project. Each Party uses the Project IP and any Project Materials and/or Improvements in accordance with this Agreement at its own risk. Each Party releases and indemnifies and will continue to release and indemnify the other Party or Parties and its officers, staff and agents from and against all actions, claims, demands, costs and expenses (including the costs of defending or settling any action, claim or demand) (Loss) made, sustained, brought or prosecuted in any manner directly based upon, occasioned by or attributable to any injury to any person (including death) or loss of or damage to property (including any infringement of Intellectual Property Rights) which may arise in relation to: the indemnifying Party’s use of the Project IP or Project Materials or Improvements; or be a consequence of, the indemnifying Party’s disclosure or use of any Confidential Information in breach of this Agreement; any unlawful or negligent act or omission of the indemnifying Party or its representatives under this Agreement; a breach of the terms and conditions of this Agreement by the indemnifying Party. The indemnifying Party’s liability to indemnify another Party under this clause 10 will reduce proportionately to the extent that any unlawful act or omission, or negligence or wilful misconduct by the indemnified Party or Parties contributed to the loss or damage sustained by the indemnified Party or Parties. An indemnified Party will use its commercially reasonable efforts to mitigate any Loss that is subject to indemnification under this Agreement. In the event that an indemnified Party fails to so mitigate a Loss, the indemnifying Party will have no liability for any portion of such Loss that reasonably could have been avoided had an indemnified Party made such efforts. Notwithstanding any other provision in this Agreement, no Party will be liable to any other Party in connection with this Agreement in contract, tort (including negligence), under statute, under any indemnity, under any action, claim or liability, or under any other basis in law or equity for any Loss of an indirect or consequential nature (including any economic loss, or loss of profits, revenue, production, opportunity, anticipated savings, access to markets, goodwill, reputation, business, or loss arising from business disruption or loss or corruption of data, or penalties imposed by third parties), whether or no...
Insurance and Indemnities. The Trustee must use best endeavours to take out and maintain Directors and Officers liability insurance with a reputable insurer in respect of each Director and must execute a deed of access and indemnity in favour of each Director.
Insurance and Indemnities. Each party shall effect and maintain adequate insurance to cover its conduct in the Research Project. Each party (First Party) agrees to indemnify (and keep indemnified) each other party against all losses or liabilities incurred by that other party and all costs actually payable by that other party in relation to claims against that other party, including legal costs, arising directly from any negligent or unlawful act, error or omission by the First Party in connection with this Agreement. The First Party’s liability to indemnify that other party under clause 8.2 will be reduced proportionately to the extent that any negligent or unlawful act or omission or wilful misconduct on that other party’s part contributed to the relevant loss, damage, expense or liability.
Insurance and Indemnities. Each Party shall effect and maintain adequate insurance to cover its conduct of the Research Project. The Party with the right to use and commercialise the Research Results does so at its own risk. Each Party releases and indemnifies and will continue to release and indemnify the other Party and its Representatives from and against all actions, claims, demands, costs and expenses (including the costs of defending or settling any action, claim or demand) made, sustained, brought or prosecuted in any manner directly based upon, occasioned by or attributable to any injury to any person (including death) or loss of or damage to property (including any infringement of Intellectual Property Rights) which may arise in relation to: or be a consequence of, disclosure or use of any Confidential Information in breach of this Agreement including but not limited to its use or commercialisation of the Research Results (if permitted); any unlawful or negligent act or omission of the Party or its Representatives under this Agreement; a breach of the terms and conditions of this Agreement by the Party; and the use of any product or process incorporating or produced using the Research Results. The provisions of this Clause 8 shall survive expiration or termination of this Agreement.
Insurance and Indemnities. Subtenant hereby agrees to indemnify and ------------------------- hold Landlord and Sublandlord harmless, with regard to its leasing and use of Subleased Premises, to the same extent that Tenant is required to indemnify and hold Landlord harmless with respect to the Premises. Likewise, Subtenant hereby agrees to obtain and provide evidence satisfactory to Sublandlord, on or before the date of this Sublease, that Subtenant is carrying insurance in the same amounts and of the same types (including any required waiver of subrogation provisions or endorsements) required to be carried by Sublandlord, as "Tenant" under the Lease, with regard to the Premises.
Insurance and Indemnities. 7.01 Each Party shall carry all necessary insurance required by (a) the laws of their country of operation and the United States and (b) the requirements of each Contract.
Insurance and Indemnities. Subtenant hereby agrees to indemnify and hold Sublandlord and Landlord harmless, with regard to its subleasing and use of Subleased Premises, to the same extent that Sublandlord is required under the Lease to indemnify and hold Landlord harmless with respect to the Premises. Likewise, Subtenant hereby agrees to obtain and provide certificates of insurance to Sublandlord and Landlord, on or before the Commencement Date of this Sublease, that Subtenant is carrying (1) property insurance coverage for one hundred percent (100%) of the full replacement value of all of Subtenant’s personal property, trade fixtures and equipment contained within the Subleased Premises, with such policies naming Sublandlord as an additional insured, (2) commercial general liability insurance (“CGLI”) equal to the greater of (a) the amounts required under the Lease to be carried by Sublandlord with regard to the Premises, or (b) $1 million per occurrence, with a $2 million annual aggregate limit for such CGLI policy, and an additional umbrella and/or excess commercial liability policy with a single or combined limit of $3 million under such policy, with such CGLI policies naming Sublandlord as an additional insured, (3) workers’ compensation insurance in the minimum amounts as required by the applicable statutes in the state in which the Premises is located, regardless of the number of employees, (4) Automobile Liability insurance for owned, non-owned, and hired vehicles in a minimum amount of $1,000,000 bodily injury and property damage combined single limit per occurrence, and (5) as to all coverages, no less than the same amounts and of the same types required under the Lease to be carried by Sublandlord with regard to the Premises.
