Common use of Policy Minimum Limits Clause in Contracts

Policy Minimum Limits. If the Nameplate Capacity of the Facility is 20 MW-AC or less, Seller’s General Liability Insurance shall have a minimum limit of One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) aggregate, combined single limit, for bodily injury (including death) or property damage. If the Nameplate Capacity of the Facility is in excess of 20 MW-AC, Seller’s General Liability Insurance shall have a minimum limit of Two Million Dollars ($2,000,000) per occurrence and Four Million Dollars ($4,000,000) aggregate, combined single limit for bodily injury (including death) or property damage.

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement