Common use of Products Liability Insurance Clause in Contracts

Products Liability Insurance. Licensee's product and contractual liability insurance policy shall provide coverage for any and all losses, expenses, claims, demands, causes of action and settlements, including attorney's fees, allegedly arising out of any contractual liability or any defects in the Products or any material used in connection therewith, their failure to perform, or any use thereof. The amount of coverage shall be a minimum of $1,000,000 combined single limit with no deductible amount, for each single occurrence for bodily injury and/or for property damage or contractual liability.

Appears in 2 contracts

Samples: Licensing Agreement (Peoplenet International Corp), Licensing Agreement (American Champion Entertainment Inc)

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Products Liability Insurance. Licensee's product and contractual liability insurance policy shall provide coverage for any and all losses, expenses, claims, demands, causes of action and settlements, including attorney's fees, allegedly arising out of any contractual liability or any defects in the Products or any material used in connection therewith, their failure to perform, or any use thereof. The amount of coverage shall be a minimum of $1,000,000 combined single limit with no deductible amount, for each single occurrence for bodily injury and/or for property damage or contractual liability.

Appears in 1 contract

Samples: Licensing Agreement (Peoplenet International Corp)

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Products Liability Insurance. Licensee's product and contractual ------------------------------ liability insurance policy shall provide coverage for any and all losses, expenses, claims, demands, causes of action and settlements, including attorney's attorneys' fees, allegedly arising out of any contractual liability or any defects in the Products or any material used in connection therewith, their failure to perform, or any use thereof. The amount of coverage shall be a minimum of $1,000,000 3,000,000 combined single limit with no deductible amount, for each single occurrence for bodily injury and/or for property damage or contractual liability.

Appears in 1 contract

Samples: Merchandise License Agreement (Green Fusion Corp)

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