Insurance loss. Customer agrees to look exclusively to Customer’s insurer to recover for injury or damage in the event of any loss or injury, and releases and waives all right of recovery against APLD.
Insurance loss. Customer agrees to look exclusively to Customer’s insurer to recover for injury or damage in the event of any covered loss or injury, and releases and waives all right of recovery against Compute North for any covered loss or injury.
Insurance loss. (a) Lessee shall obtain prior to the Rental Start Date and maintain throughout the Rental Term (and any renewal or extension thereof), at its own expense, property damage and personal injury liability insurance and insurance against loss or damage to the Equipment including, without limitation, loss by fire (including so-called extended coverage), theft and such other risks of loss as are customarily insured against on the types of Equipment leased hereunder and by the types of business in which the Equipment will be used by Lessee, in such amounts, in such form and with such insurers as shall be satisfactory to Lessor, provided however, that the amount of insurance against loss or damage to the Equipment shall not be less than the greater of the replacement value of the Equipment, the original Equipment cost to Lessor, and the applicable Stipulated Loss Value (if any) for this Lease. Each insurance policy will name Lessee as an insured and Lessor as an additional insured or loss payee thereof, and shall contain a clause requiring the insurer to give Lessor at least 30 days prior written notice of any alterations in the terms of such policy or of the cancellation thereof. Lessee shall furnish to Lessor a certificate of insurance or other evidence satisfactory to Lessor that such insurance coverage is in effect; provided, however, that Lessor shall be under no duty either to ascertain the existence of or to examine such insurance policy or to advise Lessee in the event such insurance coverage shall not comply with the requirements hereof. Lessee further agrees to give Lessor prompt notice of any damage to, or loss of, the Equipment or Software, or any part thereof.
Insurance loss. 22.1 Licensee shall maintain, at its sole expense, the following insurance coverage, with a financially sound insurance company having an A.M. Best Rating of A-(VI) or better, throughout the term of this Agreement and for a period of three (3) years after its expiration or termination: (i) worker’s compensation, occupational disease, employer’s liability (with limits of not less than $1 million for bodily injury by accident for each accident, and $1 million for bodily injury by disease for each employee), disability benefit and other similar insurance required under laws of the state that apply to the activities to be performed by Licensee under this Agreement; (ii) commercial general liability insurance including products liability, blanket contractual liability, personal injury and advertising liability coverage with a combined single limit of $3 million per occurrence for bodily injury, including death and property damage; (iii) comprehensive automotive liability insurance for both owned and non-owned vehicles used by Licensee either on or away from premises with a combined single limit of $1 million per occurrence for bodily injury, including death and property damage; and (iv) umbrella excess liability insurance, with a combined single limit of $2 million per occurrence for bodily injury, including death and property damage.
Insurance loss a. OWNER agrees to have his vessel insured by liability insurance and to be held responsible for damage caused by OWNERS vessel to other vessels in MARINA and to MARINA structures thereof. OWNER shall secure his vessel to cleats located on the floating docks only. OWNER assumes all risks for damage to vessel or MARINA if vessel is secured or tied to a piling. XXXXXX assumes no responsibility for the safety of any vessel docked at the MARINA and will not be liable for fire, theft, or damage to said vessel, its equipment or any property in or on said vessel, however arising. OWNER acknowledges that he has been advised that XXXXXX makes no representation or warranty offers OWNER or OWNERS vessel a safe berth, or that MARINA offers the safest available refuge. OWNER is fully responsible for all of the consequences of the vessel’s continuing presence in the MARINA as set forth in this Agreement. OWNER agrees to hold XXXXXX harmless in the event claims for damage to other persons or property arise from the presence of OWNERS vessel in MARINA.
Insurance loss. Insurance loss run for the prior three years related to the construction repairs identified on Schedule 5.1.7 hereto.
Insurance loss. Customer agrees to look exclusively to Cxxxxxxx’s insurer to recover for injury or damage in the event of any covered loss or injury, and releases and waives all right of recovery against Company for any covered loss or injury.
Insurance loss. From and after the date hereof until the Closing Date, Seller shall maintain insurance with reputable insurance companies, to the extent and in the manner maintained as of the Effective Date, on Acquired Assets, and Seller shall bear the risk of any loss or damage with respect to any Acquired Assets arising from any event occurring on or prior to the Closing Date. In the event of any loss or damage, whether or not insured, on or prior to the Closing Date to any of the Acquired Assets, Buyer at its option may:
Insurance loss. Stockholders shall cause the Company to maintain insurance with reputable insurance companies, to the extent and in the manner maintained as of the date hereof on the Assets, and Stockholders shall bear the risk of any uninsured loss or damage with respect to any Assets arising from any event occurring on or prior to the Closing Date. In the event of any loss or damage in excess of $25,000 whether or not insured, on or prior to the Closing Date to any of the Assets, Boots & Xxxxx at its option, may terminate this Agreement by giving written notice to the Company and Stockholders on or before the Closing Date.
Insurance loss. 19.1 Licensee shall maintain, at its sole expense, and shall ensure that any and all of its Sublicensee(s) maintain, at their sole expense, the following insurance coverage, with a financially sound insurance company having an [****], throughout the term of this Agreement [****]: (i) [****].
