Master Policy. Notwithstanding the other provisions of Part II, Article 4, Manager is authorized and directed to obtain a master policy of insurance naming the parties described in Part II, Section 4.3 as additional or named insureds (as specified therein), in the amounts and for the coverages required by Part II, Section 4.1, which policy may be obtained by Integrated Health Services, Inc. or its affiliates and which may be a policy of a so-called "captive" insurance company.
Appears in 3 contracts
Sources: Master Management Agreement (Integrated Health Services Inc), Master Management Agreement (Integrated Health Services Inc), Master Management Agreement (Monarch Properties Inc)