Common use of Liability and Property Damage Insurance Clause in Contracts

Liability and Property Damage Insurance. At all times that Landowner is constructing any improvements that will become Project Infrastructure, Landowner shall maintain an effective policy of comprehensive general liability insurance with a per-occurrence combined single limit of not less than five million ($5,000,000) dollars and a deductible of not more than fifty thousand ($50,000) dollars per Claim. The policy so maintained by Landowner shall name the County as an additional insured (and upon annexation, the City) as directed by the Local Agency’s risk manager and shall include either a severability of interest clause or cross- liability endorsement.

Liability and Property Damage Insurance. At all times that Landowner is constructing any improvements that will become Project Infrastructure, Landowner shall maintain an effective policy of comprehensive general liability insurance with a per-occurrence combined single limit of not less than five million ($5,000,000) dollars and a deductible of not more than fifty thousand ($50,000) dollars per Claim. The policy so maintained by Landowner shall name the County as an additional insured (and upon annexation, the City) as directed by the Local Agency’s risk manager and shall include either a severability of interest clause or cross- cross-liability endorsement.