Common use of Liability and Property Damage Insurance Clause in Contracts

Liability and Property Damage Insurance. Before the commencement of the Work, Contractor shall purchase from and maintain in a company or companies lawfully authorized to do business in California as admitted carriers with a financial rating of at least A, Class VII status as rated in the most recent edition of Best's Insurance Reports, such insurance, in amounts as set forth in the Contract Documents, covering the type of claims set forth below, which may arise out of or result from Contractor's operations under this Facilities Lease and for which Contractor may be legally liable, whether such operations are by Contractor, by a Subcontractor, by anyone directly or indirectly employed by any of them, or by anyone for whose acts any of them may be liable:

Liability and Property Damage Insurance. Before the commencement of the Work, Contractor shall purchase from and maintain in a company or companies lawfully authorized to do business in California as admitted carriers with a financial rating of at least A, Class VII status as rated in the most recent edition of Best's ’s Insurance Reports, such insurance, in amounts as set forth in the Contract Documents, covering the type of as will protect Contractor from claims set forth below, which may arise out of or result from Contractor's ’s operations under this Facilities Lease and for which Contractor may be legally liable, whether such operations are by Contractor, by a Subcontractorsubcontractor, by anyone directly or indirectly employed by any of them, or by anyone for whose acts any of them may be liable: