Obligation to Effect Insurance Sample Clauses

Obligation to Effect Insurance. 4.1 All Firms carrying on a Practice during any Indemnity Period beginning on or after 1 October 2010 must take out and maintain Qualifying Insurance under these Rules.
Sample 1See All (4)
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Obligation to Effect Insurance. The AsBo undertakes to effect such insurance with an insurer and on terms and conditions as detailed herein and may be further specified by the Principal. The limit of Professional risk indemnity insurance liability for the insurance coverable shall be no less than one hundred and fifty percent (150%) of the Total Value of the Agreement under Clause 2.2 during the entire term of the Agreement. The amount of the Professional risk indemnity insurance liability for each insured event shall be no less than twenty percent (20%) of the Total Value of the Agreement under Clause 2.2. The costs of such insurance shall be at the sole expense of the AsBo.
Sample 1
Obligation to Effect Insurance. The Contractor undertakes to effect such insurance with an insurer and on terms and conditions acceptable to the Principal. The limit of Professional risk indemnity insurance liability (Clause 11.1) for the insurance coverable shall be no less than EUR 500 000,00 (five hundred thousand euros) per claim/occurrence during the whole period of performance of the Agreement and with extended reporting period of 5 (five) years. The costs of such insurance shall be at the expense of the Contractor.
Sample 1
Obligation to Effect Insurance. The Contractor undertakes to effect such insurance with an insureras detailed by the Principal and based on commercially reasonable terms (including reasonable exclusions) and which is compliant with theAgreement confirmation regarding full coverage of the policy towards the Agreement conditions. In case of mandatory legal requirements related to specific insurances for activities stipulated inSection 2 of this Agreement Contractor shall also provide additional insurance for these activities or shall include respective extensions to Contractor shall be submitted to the Principal within a time frame indicated in Clause 10.8 of this Agreement. The limit of ProfessionalRisk Indemnity Insurance liability (Clause 10.6) for the insurance coverable shall be no less than EUR 400.000 (four hundred thousand euros) total for all claims during the whole period of performance of the Agreementand deductible shall be no more than EUR 2900. The costs of such insurance shall be at the sole expense of the Contractor.
Sample 1
Obligation to Effect Insurance. If so requested, the Contractor undertakes to exercise all reasonable efforts to effect such insurance or increase in insurance with an insurer and on terms and conditions acceptable to the Principal. The limit of liability for the insurance coverable shall be noless than 1 000 000,00 EUR(one million euro) per claim/occurrence and the Principal and its executive officers, officers and employees shall be named l be at obligation to pay compensation (capital, interest and costs) for damages involuntarily caused to one or more third parties for death, personal injury and damage to property; and to employees for injuries suffered in any occurrences happened during their work activities (including, without limitation, institutional activity, ordinary, extraordinary, devolved, hired, given including those of a preliminary nature, complementary, accessory, solidarity, recreational, volunteer and social) which includes the protection of participants in the trials to cover the civil liability of the trier and trial promoters.
Sample 1
Obligation to Effect Insurance. The Contractor undertakes to effect such insurance with an insurer and on terms and conditions as detailed by the respective Principal. The limit ofProfessional risk indemnity insurance liability (Clause 13.6) for the insurance coverable shall be no less than double the Service Fee of the specific Assignment Oder total for all claims during the whole period of performance of the specific Assignment Order or another period not exceeding 5 (five) years from the conclusion of the specific Assignment as initially specified in the respective Request for Assignment or Request for Proposal. Tehcosts of such insurance shall be at the sole expense of the Contractor.
Sample 1
Obligation to Effect Insurance. The Subcontractor must have adequate insurance against liability, loss or damage in relation to claims for:
Sample 1
Obligation to Effect Insurance. The Contractor undertakes to effect such Professional civil liability insurance with an insurer and based on commercially reasonable terms (including reasonable exclusions), and which is compliant with the Agreement conditions and Applicable Law requirements. The aggregate value of liability of the Professional civil liability insurance and for one occurrence shall be no less than twice (2) the amount of the total value of the Agreement as per Clause 9.1 during the entire term of the Agreement. The amount of liability for each insured event shall be no less than twenty percent (20%) of the total value of the Agreement as per Clause 9.1.
Sample 1

Related to Obligation to Effect Insurance

  • Termination of Obligation to Insure Unless otherwise expressly provided to the contrary, the obligation to insure as provided herein shall not terminate until the Design Professional shall have executed the Certificate of Material Completion.

  • Effect of Insurance Acceptance of the insurance required by this Agreement shall not relieve CONTRACTOR from liability under this provision. This provision shall apply to all claims for damages related to CONTRACTOR’s performance hereunder, regardless of whether any insurance is applicable or not. The insurance policy limits set forth herein shall not act as a limitation upon the amount of indemnification or defense to be provided hereunder.

  • Obligation to Cooperate The Parties shall mutually cooperate with each other in order to achieve the objectives of this Agreement.

  • Separation of Insureds; No Special Limitations All insurance required by this Section shall contain standard separation of insureds provisions. In addition, such insurance shall not contain any special limitations on the scope of protection afforded to the City, its directors, officials, officers, employees, agents, and volunteers.

  • Obligation to Notify Owner of Existing Hazardous Materials The Contractor shall immediately notify the Owner and the Design Professional, both orally and in writing, of the presence and location of any physical evidence of, or information regarding the presence of Hazardous Materials at the Site of which it becomes aware. If the Contractor encounters Hazardous Materials on the Site the Contractor shall (i) immediately stop performance of Work or that portion of the Work affected by or affecting such Hazardous Materials; (ii) secure the contaminated area against intrusion; (iii) not disturb or remove the Hazardous Materials; (iv) not proceed, or allow any subcontractor or supplier to proceed, with any Work or other activities in the area affected by such Hazardous Materials until such materials have been properly remediated and until directed in writing to do so by the Owner; and, (v) take any other steps necessary to protect life and health and the surrounding environment. The Contractor shall be entitled to adjustment of the Contract Time and the Contract Sum pursuant to Section 5, Part 2 of these General Conditions in order to compensate for the impact of any required demolition, re-work, shutdown, delay, protection of work, disruption, and start-up resulting from the encountering of such Hazardous Materials on the Site for which the Contractor is not responsible.

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