Common use of Minimum Insurance Coverage Clause in Contracts

Minimum Insurance Coverage. The insurance coverage maintained by Lessor under this Section 5 shall be at least as broad as: (1) Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 covering CGL on an “occurrence” basis, including products and completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $25,000,000 per occurrence. If a general aggregate limit applies, either the general aggregate limit shall apply separately to this project/location (ISO CG 25 03 or 25 04) or the general aggregate limit shall be twice the required occurrence limit.

Appears in 2 contracts

Sources: Government Property Improvements Lease, Government Property Improvements Lease