Common use of Professional Liability Coverage Clause in Contracts

Professional Liability Coverage. Professional shall maintain professional errors and omissions liability insurance for protection against claims alleging negligent acts, errors or omissions which may arise from Professional’s performance of the Services under this Agreement, whether such performance is by the Professional or by its employees, subcontractors, or sub consultants. The amount of this insurance shall not be less than one million dollars ($1,000,000) per occurrence.

Appears in 3 contracts

Sources: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

Professional Liability Coverage. Professional CONSULTANT shall maintain professional errors and omissions liability insurance for protection against claims alleging negligent acts, errors errors, or omissions which may arise from ProfessionalCONSULTANT’s performance of the Services operations under this Agreement, whether such performance is operations be by the Professional CONSULTANT or by its employees, employees or subcontractors, or sub consultants. The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis or a combined single limit per occurrenceoccurrence basis.

Appears in 2 contracts

Sources: Professional Services, Professional Services

Professional Liability Coverage. Professional The CONSULTANT shall maintain professional errors and omissions liability insurance for protection against claims alleging negligent acts, errors errors, or omissions which may arise from Professionalthe CONSULTANT’s performance of the Services operations under this Agreement, whether such performance is operations be by the Professional CONSULTANT or by its employees, subcontractorssubconsultants, or sub consultantssubcontractors. The amount of this insurance shall not be less than one million dollars ($1,000,000) per occurrenceon a claims-made annual aggregate basis, or a combined single-limit-per-occurrence basis.

Appears in 1 contract

Sources: Professional Services Agreement

Professional Liability Coverage. Professional Accountant shall maintain professional errors and omissions liability insurance for protection against claims alleging negligent acts, errors or omissions which may arise from Professional’s performance of the Services Accountant's operations under this Agreement, whether such performance is by the Professional or by its employees, subcontractors, or sub consultants. The amount of this insurance shall not be less than one million dollars ($1,000,000) per occurrenceon a claims-made annual aggregate basis.

Appears in 1 contract

Sources: Accounting Agreement

Professional Liability Coverage. Professional shall maintain professional errors and omissions liability insurance for protection against claims alleging negligent acts, errors or omissions which may arise from Professional’s performance of the Services Tenant's operations under this Agreement, whether such performance is operations be by the Professional Tenant or by its employees, contractors or subcontractors, or sub consultants. The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis, or a combined single-limit per occurrenceoccurrence basis.

Appears in 1 contract

Sources: Facade Loan Agreement