Occurrence Basis Sample Clauses

Occurrence Basis. The CONTRACTOR's insurances shall be on an occurrence basis as opposed to a claims-made basis. In other words, claims which occur during the policy period can be reported months or years later and still be paid, if they occur during the policy period. Claims-made policies cover only claims which occur and are made during the policy period. In the event occurrence based insurance is not available, use of claims-made insurance may be considered acceptable in limited circumstances, subject to written approval by the Risk Manager.
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Occurrence Basis. The Workers’ Compensation Policy and the Commercial General Liability required by this Agreement shall be provided on an occurrence rather than a claims-made basis.
Occurrence Basis. All insurance coverage shall be on an occurrence basis and not a claims made basis.
Occurrence Basis. All such policies other than Professional Liability shall be written on an Occurrence (not Claims made) basis.
Occurrence Basis. The Workers’ Compensation policy, the Commercial General Liability and the Umbrella policy required by this Agreement shall be provided on an occurrence rather than a claims-made basis. The Professional Liability insurance policy may be on an occurrence basis or claims-made basis. If a claims-made basis, the coverage must respond to all claims reported within three (3) years following the period for which coverage is required and which would have been covered had the coverage been on an occurrence basis.
Occurrence Basis. The Design Professional shall ensure that its insurer or insurers write all insurance required hereunder, with the exception of the Professional Liability Insurance, on an “occurrence” basis. Claims-Made coverage must include: Contract; and
Occurrence Basis. All policies shall be on an "occurrence" basis rather than a "claims made" basis.
Occurrence Basis. The Construction Manager's insurances shall be on an occurrence basis as opposed to a claims-made basis (other than Construction Manager’s Professional Liability Insurance). In other words, claims which occur during the policy period can be reported months or years later and still be paid, if they occur during the policy period. Claims-made policies cover only claims which occur and are made during the policy period. In the event occurrence-based insurance is not available, use of claims-made insurance may be considered acceptable in limited circumstances, subject to written approval by the CITY’s Risk Manager.
Occurrence Basis. “Occurrence Basis” as used in this Lease is defined in Section 7.4.
Occurrence Basis. The Construction Cost Consultant shall ensure that its insurer or insurers write all insurance required hereunder, with the exception of the Professional Liability Insurance, on an “occurrence” basis. Claims-Made coverage must include: Contract; and