Common use of Primary and Excess Policies Clause in Contracts

Primary and Excess Policies. The liability insurance required to be carried by Funding Recipient pursuant to this Exhibit may, at the option of Funding Recipient, be effected through any combination of layers of primary and excess coverages, provided that such policies otherwise comply with the provisions of this Exhibit and afford the amounts of coverage required by this Exhibit for all insureds required to be named as insureds hereunder.

Appears in 4 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

AutoNDA by SimpleDocs

Primary and Excess Policies. The liability insurance required to be carried by Funding Recipient pursuant to this Exhibit Agreement may, at the option of Funding Recipient, be effected through any combination of layers of primary and excess coverages, provided that such policies otherwise comply with the provisions of this Exhibit Agreement and afford the amounts of coverage required by this Exhibit Agreement for all insureds required to be named as insureds hereunder.

Appears in 1 contract

Samples: Funding Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.