Professional Insurance Sample Clauses

Professional Insurance. Klondex G&S will maintain, or cause Klondex Mines to maintain, adequate Directors & Officers Liability Insurance to properly protect the Employee against loss. Klondex G&S and Klondex Mines will be directly responsible for all legal fees and other expenses for actions brought against the Employee provided that (i) the Employee had reasonable grounds for believing he acted honestly and in good faith with a view to the best interests of Klondex G&S and Affiliates and, (ii) in the case of a criminal or administrative action or proceeding that is enforced by a monetary penalty, he had reasonable grounds for believing that his conduct was lawful.
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Professional Insurance. Liability insurance will be provided through the Tulane Self-Insurance Trust Program: $1,000,000; and the Louisiana Patient Compensation Fund–Act 817 Qualification, or by the State or Federal plans when rotating through their supported facilities. These are occurrence-based coverages providing that any claim or action arising out of an event that occurred while the person was a resident acting on behalf of Medical Center, regardless of when the action is filed, is covered under the respective insurance programs or plans.
Professional Insurance. Participant or Preferred Provider who is not a hospital, ambulatory service center, or a Federally Qualified Health Center enjoying the privileges of Federal Tort Claim Act immunity, at its sole cost and expense, shall procure and maintain such professional liability insurance as is necessary to insure Participant, Preferred Provider and each of its respective Providers, employees, agents and representatives with coverage limits of not less than one million dollars ($1,000,000) per occurrence and three million dollars ($3,000,000) in annual aggregate in the performance of any act relating to this Agreement. Upon request, Participant, Preferred Provider or Provider, as appropriate, agree to submit to ACO a certificate of insurance as evidence of such coverage. In the event any such professional liability policy is a "claims made" policy, Participant or Preferred Provider will purchase a "tail" policy, effective upon the termination of the primary policy, or obtain replacement coverage which insures for prior acts, insuring for losses arising from occurrences during the term of this Agreement, which tail policy or prior acts coverage shall have the same policy limits as the primary policy and shall extend the claims reporting period for the longest period for which coverage is available. Participant and Preferred Provider agree to provide ACO with immediate written notice of any cancellation, non-renewal or change to such policy.
Professional Insurance. Professional liability insurance coverage for claims arising from care and treatment provided by Resident while acting in the course and scope of his/her/their residency program at the School of Medicine or other Tulane affiliated facilities ("Tulane") is a combination of coverages that include qualification of residents with the Louisiana Patient's Compensation Fund ("PCF") pursuant to La. R.S. 40:1231.1 et seq. (the Louisiana Medical Malpractice Act, the "Act"). Residents are enrolled with the PCF and are qualified health care providers entitled to the protections and benefits of the Act, including the limitation of liability. The Act's statutory scheme includes Tulane's coverage of residents by its Self-Insurance Program. Both of these coverages are occurrence based and provide legal defense and protection against claims or actions arising out of an event that occurred while the person was a resident acting on behalf of the School of Medicine in Louisiana, regardless of when the action is filed. Coverage with respect to State of Louisiana and/or Federal facilities have separate coverages from the School of Medicine's Program and additional information pertaining to such coverages can be found in Section 2, V in the Manual, if applicable. Tulane also secures excess coverage by commercial insurance policies that apply to claims arising when residents are rotating or acting in the course and scope of his/her/their residency on behalf of Tulane in other states than Louisiana. These excess insurance policies are claims made.
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Professional Insurance. 8.1 Professional Indemnity Insurance
Professional Insurance. The Employer will continue to provide professional liability insurance coverage for each employee at the current level if practical.
Professional Insurance. Participant or Affiliate who is not a hospital or ambulatory service center or a Federally Qualified Health Center enjoying the privileges of Federal Tort Claim Act immunity, at its sole cost and expense, shall procure and maintain such professional liability insurance as is necessary to insure Participant, Affiliate and each of its respective Providers, employees, agents and representatives with coverage limits of not less than one million dollars ($1,000,000) per occurrence and three million dollars ($3,000,000) in annual aggregate in the performance of any act relating to this Agreement. Upon request, Participant, Affiliate or Provider, as appropriate, agree to submit to ACO a certificate of insurance as evidence of such coverage. In the event any such professional liability policy is a "claims made" policy, Participant or Affiliate will purchase a "tail" policy, effective upon the termination of the primary policy, or obtain replacement coverage which insures for prior acts, insuring for losses arising from occurrences during the term of this Agreement, which tail policy or prior acts coverage shall have the same policy limits as the primary policy and shall extend the claims reporting period for the longest period for which coverage is available. Participant and Affiliate agree to provide ACO with immediate written notice of any cancellation, non- renewal or change to such policy.
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