Common use of Required Seller Insurance Clause in Contracts

Required Seller Insurance. Seller, on its own behalf and on behalf of anyone directly employed by it for whose acts or omissions Seller may be liable, including Subcontractors, shall secure or cause to be secured on or before the Contract Date, and maintain during and through the Term, the insurance policies with the policy limits specified in subsection (a) below (the “Required Seller Insurance”). Evidence of the Required Seller Insurance shall be provided to Purchaser promptly following receipt thereof. The administrative and premium payments and all other costs and expenses for each such policy shall be borne exclusively by Seller. Seller may also secure insurance coverages and policies in addition to the Required Seller Insurance, and all such insurance costs shall be borne exclusively by Seller at its sole cost and expense.

Required Seller Insurance. Seller, on its own behalf and on behalf of anyone directly employed by it for whose acts or omissions Seller may be liable, including Subcontractors, shall secure or cause to be secured on or before the Contract Date, and maintain during and through the Term, the insurance policies with the policy limits specified in subsection (a) below (the ““ Required Seller Insurance”). Evidence of the Required Seller Insurance shall be provided to Purchaser promptly following receipt thereof. The administrative and premium payments and all other costs and expenses for each such policy shall be borne exclusively by Seller. Seller may also secure insurance coverages and policies in addition to the Required Seller Insurance, and all such insurance costs shall be borne exclusively by Seller at its sole cost and expense.