Common use of Project-Specific Insurance Clause in Contracts

Project-Specific Insurance. All insurance coverage required to be provided by Developer, the D&C Contractor, Lead Engineering Firm and Lead Maintenance Firm, other than any business automobile liability, aircraft liability, watercraft liability insurance or commercial general liability insurance for the Operating Period, shall be purchased specifically and exclusively for the Project and extend to all aspects of the Work, with coverage limits devoted solely to the Project. Insurance coverage with dedicated Project-specific limits and identified premiums are acceptable; provided, that they otherwise meet all requirements described in Exhibit 10 (Insurance Coverage Requirements) and this Article 19 (Insurance).

Appears in 4 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

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