Insurance Provided by Operator Sample Clauses

Insurance Provided by Operator. On behalf of Owner, Operator shall maintain at all times during the term of this Agreement insurance coverage for the Services of the type and in the amounts that are usual and customary in the industry. Such insurance shall be procured from reputable insurance companies with an AM Best Rating of A-/VII or better. The costs for the insurance required by this Section shall be included as an O&M Cost in each Operating Budget. Prior to commencing any work or performing any Services with respect to any Pipeline Facility, Operator shall furnish Owner with a certificate of insurance, evidencing that it has secured the insurance required by this Section 8.2 and shall furnish replacement certificates for all renewals of such insurance. ****TEXT OMITTED AND FILED SEPARATELY CONFIDENTIAL TREATMENT REQUESTED BY XXXXXXXX CORPORATION UNDER 17C.F.R. SECTION 200.80(B)(4), 200.83 AND 240.24b-2
AutoNDA by SimpleDocs
Insurance Provided by Operator. Operator shall obtain the following coverage for protection of the Ownership Interests and shall charge premiums therefor to the Joint Account:
Insurance Provided by Operator. (a) Operator shall maintain at ------------------------------ all times while performing Services under this Agreement, the insurance coverage set forth below with companies satisfactory to Owner with full policy limits applying, but not less than as follows:
Insurance Provided by Operator. Operator shall at all times during the term of this Agreement, purchase and maintain insurance coverage that includes reasonable and customary coverage for the Pipeline that is part of Operator’s overall insurance program for itself and its Affiliates in accordance with the practices of Operator; provided, however, that the cost of insurance for directors and officers of Owner shall not be allocated to Owner. Insurance for directors and officers of Owner shall be the responsibility of the respective class of shareholder of MidCon with which the directors and officers are associated.
Insurance Provided by Operator. Operator shall obtain, maintain, or cause to be maintained in full force and effect at all times under this Agreement, on behalf of Operator and also on behalf of Owner and its Members, insurance policies in the types and amounts of primary and excess or umbrella insurance coverage in accordance with the Insurance Plan (as defined in the Owner LLC Agreement). The insurance coverage procured by Operator on behalf of Owner and its Members shall: (a) to the fullest extent allowed by Law, provide coverage only to the extent of Operator’s obligations to indemnify, defend, or hold harmless Owner (or any member of Owner Group) and its Members set forth in Article 7 of this Agreement, and (b) be primary coverage and any other such insurance maintained by Owner and its Members shall be excess to and not contributory with such coverage procured by the Operator. Promptly after the execution of this Agreement and annually thereafter at each insurance policy’s renewal date, Operator shall provide to Owner a Certificate of Insurance. If Owner (in accordance with the provisions of the Owner LLC Agreement) determines that different levels or types of insurance coverage are required, then following notice from Owner, Operator will use commercially reasonable efforts to obtain and maintain such insurance coverage if such insurance is commercially reasonably available in the marketplace. If the insurance coverages required herein are not obtainable on commercially reasonable terms due to insurance market conditions, Owner shall, at Owner’s sole discretion, either (x) amend such insurance requirements as reasonably necessary in order to permit Operator to obtain such insurance on commercially reasonable terms or (y) direct Operator to obtain such insurance coverage on the terms available.

Related to Insurance Provided by Operator

  • Services Provided by Lessor Lessor shall provide heating, ventilation, air conditioning, and janitorial service as reasonably required, reasonable amounts of electricity for normal lighting and office machines, water for reasonable and normal drinking and lavatory use, and replacement light bulbs and/or fluorescent tubes and ballasts for standard overhead fixtures.

  • Services Provided by Landlord Landlord will maintain the public and common areas of the Building and the Project, such as lobbies, stairs, elevators, landscaping, corridors, parking lots and public restrooms, in good order and condition except for damage occasioned by the act or negligence of Tenant. Landlord will furnish the water for common areas and with electricity for lighting and the operation of the elevator. It will be the responsibility of Tenant to maintain the leased premises. Landlord will not be liable for damages, nor will Tenant's obligation to pay Rent be abated, for Landlord's failure to furnish or for delay in the furnishing any of the foregoing services, if the failure or delay is caused by accident or conditions beyond the reasonable control of Landlord. The temporary failure to furnish any of the services will not be construed as an eviction of Tenant and will not relieve Tenant from the duty of observing and performing any of the provisions of this Lease so long as Landlord proceeds with reasonable diligence to correct any the failure.

  • INDEMNITY BY TENANT To the extent permitted by Law, Tenant hereby indemnifies, and agrees to protect, defend and hold the Indemnitees harmless, against any and all actions, claims, demands, liability, costs and expenses, including attorneys’ fees and expenses for the defense thereof, arising from Tenant’s occupancy of the Premises, from the undertaking of any Tenant Additions or repairs to the Premises, from the conduct of Tenant’s business on the Premises, or from any breach or default on the part of Tenant in the performance of any covenant or agreement on the part of Tenant to be performed pursuant to the terms of this Lease, or from any willful act or negligence of Tenant, its agents, contractors, servants, employees, customers or invitees, in or about the Premises or the Property or any part of either. In case of any action or proceeding brought against the Indemnitees by reason of any such claim, upon notice from Landlord, Tenant covenants to defend such action or proceeding by counsel chosen by Landlord, in Landlord’s sole discretion. Landlord reserves the right to settle, compromise or dispose of any and all actions, claims and demands related to the foregoing indemnity. The foregoing indemnity shall not operate to relieve Indemnitees of liability to the extent such liability is caused by the willful and wrongful act of Indemnitees. Further, the foregoing indemnity is subject to and shall not diminish any waivers in effect in accordance with Section 16.04 by Landlord or its insurers to the extent of amounts, if any, paid to Landlord under its “All-Risks” property insurance.

  • Environmental Remediation Failure to remediate (or pursue the remediation process with due diligence and good faith) within the time period required by law or governmental order, (or within a reasonable time in light of the nature of the problem if no specific time period is so established), environmental problems in violation of Applicable Law related to Properties of the Borrower and/or its Subsidiaries where the estimated cost of remediation is in the aggregate in excess of Seventy-Five Million Dollars ($75,000,000), in each case after all administrative hearings and appeals have been concluded.

  • Services Provided by Party A 1.1 Party B hereby appoints Party A as Party B’s exclusive services provider to provide Party B with comprehensive technical support, consulting services and other services during the term of this Agreement, in accordance with the terms and conditions of this Agreement, including but not limited to the follows:

  • Information to Be Provided by the Company In connection with any Securitization Transaction, the Company shall use its best efforts to (i) within five (5) Business Days, but in no event later than ten (10) Business Days, following written request by the Purchaser or any Depositor, provide to the Purchaser and such Depositor (or, as applicable, cause each Third-Party Originator to provide), in writing and in form and substance reasonably satisfactory to the Purchaser and such Depositor, the information and materials specified in paragraphs (a), (b), (c) and (f) of this Section, and (ii) as promptly as practicable following notice to or discovery by the Company, provide to the Purchaser and any Depositor (in writing and in form and substance reasonably satisfactory to the Purchaser and such Depositor) the information specified in paragraph (d) of this Section.

  • Carried by Lessee Lessee shall obtain and keep in force during the term of this Lease a Commercial General Liability policy of insurance protecting Lessee and Lessor (as an additional insured) against claims for bodily injury, personal injury and property damage based upon, involving or arising out of the ownership, use, occupancy or maintenance of the Premises and all areas appurtenant thereto. Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than $1,000,000 per occurrence with an "Additional Insured-Managers or Lessors of Premises" Endorsement and contain the "Amendment of the Pollution Exclusion" for damage caused by heat, smoke or fumes from a hostile fire. The policy shall not contain any intra-insured exclusions as between insured persons or organizations, but shall include coverage for liability assumed under this Lease as an "insured contract" for the performance of Lessee's indemnity obligations under this Lease. The limits of said insurance required by this Lease or as carried by Lessee shall not, however, limit the liability of Lessee nor relieve Lessee of any obligation hereunder. All insurance to be carried by Lessee shall be primary to and not contributory with any similar insurance carried by Lessor, whose insurance shall be considered excess insurance only.

  • Indemnity Insurance a. The Service Provider agrees to indemnify and save harmless the City, its officers, agents and employees against and from any and all actions, suits, claims, demands or liability of any character whatsoever brought or asserted for injuries to or death of any person or persons, or damages to property arising out of, result from or occurring in connection with the performance of any service hereunder.

Time is Money Join Law Insider Premium to draft better contracts faster.