Insurance Policy. The Employer agrees to remit to the Union an amount to be applied toward the payment of a premium by the Union for an insurance policy which provides a defense attorney to represent all members of the bargaining unit when they are charged with a criminal act that results from events occurring while the bargaining unit member was acting in an official capacity. The maximum amount payable during the term of the Agreement shall be seven dollars ($7.00) per member per month.
Insurance Policy. Licensee shall procure and maintain at its own expense in full force and effect at all times during which Articles are being sold, with a responsible insurance carrier acceptable to Licensor, a public liability insurance policy including products liability coverage with respect to Articles with a limit of liability not less than $3,000,000. It shall be acceptable if such coverage is provided by a product liability policy and an additional umbrella policy. Such insurance policies shall be written for the benefit of Licensee, Licensor and Pxxxx Xxxxxx and shall provide for at least thirty (30) days prior written notice to said parties of the cancellation or substantial modification thereof. Licensor shall be a named insured on each such policy. Such insurance may be obtained by Licensee in conjunction with a policy which covers products other than Articles.
Insurance Policy. The Exhibitor must obtain at its own cost and expenses, liability insurance of no less than HK$10,000,000 property damage and personal injury, with broad form endorsement, naming the Organiser “Xxxxxx Communications HK Limited” as an additional insured, and requiring at least thirty (30) days prior notice to the Organiser of cancellation or material modification; provided however that in the event the Exhibitor is self-insured, the Organiser may waive the requirement that the Organiser be named as additional insured, and may require the Exhibitor to provide evidence acceptable to the Organiser in the Organiser’s sole discretion as to Exhibitors financial ability to meet its obligations under the Contract, including but not limited to its insurance and indemnifications obligations under this clause. Exhibitor must provide if requested to do so by the Organiser certificates of insurance, duplicate copies or other evidence requested by the Organiser. The Organiser is not responsible for any loss of or damage to Exhibitor property occasioned by theft or insurable casualty. Exhibitor shall obtain at its own cost and expense theft and casualty insurance in an amount equal to the value of Exhibitor’s property and shall provide the Organiser with proof of such insurance upon request. The Organiser assumes no risk; and by the acceptance of this contract, Exhibitor expressly releases the Organiser of and from any and all liability for any damage, injury or loss to any person or goods which may arise from the rental and occupation of said space by the Exhibitor.
Insurance Policy. Under the terms of your CFA, you do not bear any risk of paying any of our costs if you do not win your claim. If you win your claim, you are liable only to pay the success fee. However, win or lose, you are responsible for the payment of any disbursements that are incurred in the case and in some circumstances, even if you win (mainly if you fail to ‘beat’ a defendant’s offer to settle your claim), you can end up with a liability for some of the defendant’s costs. Insurance policies are available to protect you against this risk. Under these policies the insurer will usually reimburse you for any expenses if you do not win the case (the defendant will reimburse you if you win – see below) and will pay your opponent's solicitors' fees andexpenses if you end up with a liability to pay any because you fail to beat an offer made by the defendant. Penningtons Manches has an agreement with DAS to use an insurance policy which they provide for personal injury cases called DAS Law Assist. As such, we can issue you with an insurance policy without having to make an application to the insurer. The policies have agreed fixed premiums depending on the type of case. A further benefit is that the premiums are deferred and insured so if you win the premium is not payable until you have recovered damages and if you lose you will not have to pay the premium at all. Under our arrangement with the insurer we have agreed that all personal injury cases will be insured through this scheme. Because this spreads the risk for the insurer, it keeps the cost of the premiums down. It also means that we can issue your policy immediately on signing the CFA. This protects you against liability for any defendant’s costs and your expenses right from the outset of your case. We are required to tell you whether we have a financial interest in recommending this insurer and we confirm that we do not. However, we have agreed with DAS to only offer the LawAssist product for personal injury cases. We are aware of other after the event insurance products in the market and believe that the LawAssist product provides the = required protection at a competitive rate. We do not carry out a detailed analysis of the other products available. Our agreement to use this policy enables us to have the benefit of the delegated authority scheme to offer to our clients.
Insurance Policy. (i) In the event the workers' compensation insurance policy that Parent maintains under the Parent WCP expires before the Distribution Date, Parent shall use its reasonable best efforts to renew such policy and to cause the issuing insurance company to issue a separate policy to Technologies. If Parent is not able to cause such insurance company to issue such separate insurance policy, Technologies shall use its reasonable best efforts to procure a separate policy from another insurance company or to obtain self-insurance status, and Parent shall use its reasonable best efforts to continue to cover Technologies under its renewed policy until the earlier of (A) the date on which Technologies' application for such self-insurance status is approved or (B) the date on which a separate insurance policy is procured. Technologies shall compensate Parent for all costs incurred by Parent to continue such coverage. Any claims incurred by Transferred Individuals after the Close of the Distribution Date that will be covered under and during any such continuation of coverage shall be treated as being incurred before the Close of the Distribution Date for purposes of determining the party responsible for the administration of benefits.
Insurance Policy insurance policies and insurance contracts of any kind that immediately prior to the Effective Time are or have been owned or maintained by, or provide a benefit in favor of, any member of either Group or any of its predecessors, including, without limitation, workers compensation/employers liability (including self-insured workers compensation in the State of Indiana), commercial general liability (including product liability), auto liability, excess/umbrella liability, property/business interruption, marine cargo, blanket crime/fidelity, aviation including airport liability, international liability and Executive Liability Policies. The term “Insurance Policies” expressly excludes any insurance policies relating to Plans to the extent such insurance policies are addressed under the Employee Matters Agreement, other than the above referenced Executive Liability Policies and workers compensation/employers liability policies (including self-insured workers compensation in the State of Indiana).
Insurance Policy. The Bank is the sole owner of the Policy and shall have the right to exercise all incidents of ownership. The sole purpose of this Agreement is to provide a death benefit payable on the death of the Employee during the term of this Agreement. The parties agree that the Policy shall be subject to the terms of this Agreement and of the endorsement to the Policy filed with the Insurer to implement the provisions of this Agreement. The Bank may exercise all ownership rights granted to the owner of the Policy by the terms thereof, except as otherwise provided in this Agreement. If the Employee should die while employed by the Bank, he shall be the direct beneficiary of death proceeds equal to the lesser of (i) the dollar amount specified on Exhibit A hereto and (ii) the difference in the death benefit payable by the insurance carrier and the cash surrender value of the Policy (the “Net Amount at Risk”) with the Bank entitled to all other proceeds. If the Employee is a member of the Board of the Bank but no longer an employee of the Bank at the time of his death, he shall be the direct beneficiary of death proceeds equal to the lesser of (i) $500,000 and (ii) the Net Amount at Risk with the Bank entitled to all other proceeds. The amount to which the Bank is entitled in either event is referred to herein as the “Bank’s Interest in the Policy.” The Bank will keep possession of the Policy. The Bank agrees to make the Policy available at reasonable times to the insured for the purpose of endorsing or filing any change of beneficiary on the Policy for the portion of the death proceeds that is unrelated to the Bank’s Interest in the Policy, but the Policy shall thereafter be promptly returned to the Bank. Any indebtedness on the Policy will be deducted from the proceeds payable to the Bank. Also, any collateral assignment made by the Bank will be deducted from the proceeds payable to it.
Insurance Policy. (i) Effective as of the Distribution Date, in all states other than those states where Resources is to be self-insured pursuant to Subsection 6.07(b) above, REI shall use its commercially reasonable best efforts to negotiate for workers' compensation insurance policies on behalf of Resources from the issuing insurance companies (as set forth in the relevant portion of Schedule 6.04(b)) or different insurance companies which are comparable to the policies previously maintained by REI; provided that the retention under such Resources policies shall be as determined by Resources.
Insurance Policy. Licensee shall procure and maintain at its own expense in full force and effect at all times during which Licensed Products are being sold, with a qualified AA or higher rated insurance carrier acceptable to Licensor, a public liability insurance policy with a general liability insurance, products liability insurance, errors and omissions insurance and worker’s compensation insurance having the minimum coverages specified as follows: Commercial General Liability Insurance for limits of $2,000,000 per occurrence Bodily Injury and Property Damage Combined, $1,000,000 per occurrence Personal & Advertising Injury, $2,000,000 aggregate Products and Completed Operations Liability, Workers Compensation of $1,000,000 per occurrence and $10,000,000 umbrella coverage each occurrence for General Liability and Product Damage, with Cargo coverage of up to $25,000,000. Such insurance policies shall provide for at least thirty (30) days prior written notice to said parties of the cancellation or substantial modification thereof. Licensor and Artist shall be a named insured on each such policy. Such insurance may be obtained by Licensee in conjunction with a policy which covers products other than Licensed Products.
Insurance Policy. The insurance required in this Article VIII shall be in form approved by Landlord. The policy shall name Tenant, Landlord, and Landlord's Agent(s) as insureds and shall contain a clause that insurer shall not cancel, materially modify or fail to renew the insurance without first giving Landlord thirty (30) days prior written notice. The insurance shall be in an insurance company approved by Landlord, authorized to do business in the State and have a policyholder's rating of no less than "A" in the most current edition of Best's Insurance Reports. A copy of the policy or a certificate of insurance shall be delivered to Landlord prior to Tenant taking possession of Leased Premises. The policy shall insure Tenant's performance of the indemnity provisions of Section 8.05 hereof.