Common use of Scrubber Clause in Contracts

Scrubber. All insurance coverages furnished by Owner under the OCIP shall be written by insurance companies approved to do business in the State of North Carolina that have (and shall maintain during the applicable policy period) a minimum A.M. Best rating of A-VII. Owner shall provide all Contractors and enrolled Subcontractors with appropriate certificates of insurance evidencing the coverages outlined above and, if requested, shall provide the Contractor with a copy of the policy or policies. The Commercial General Liability and Excess Liability policies shall be in the name of the Owner, but coverage will be extended to Contractors and all enrolled Subcontractors of any tier as insured as their interests shall appear, and this shall be so stated on the certificate of insurance provided. The Workers’ Compensation and Employer’s Liability policy or policies shall be in the name of each Contractor and enrolled Subcontractor. Coverage shall be limited to Site activity or immediate off-Site storage and staging areas that are approved by the OCIP insurance companies and Owner in writing, unless otherwise approved by Owner. Coverage does not extend to activity at off-Site fabrication facilities unless specific written arrangements and agreement are made with Owner. All policies automatically will terminate on the latest of the Substantial Completion Dates of Unit 6 and the Unit 5 Scrubber or policy expiration, except for coverage provided under the completed operations of the General Liability Policy that may continue for up to *** beyond the latest of the Substantial Completion Dates of Unit 6 and the Unit 5 Scrubber. The Worker’s Compensation policies of Contractor and each Subcontractor shall automatically terminate upon completion of the Work or annual policy expiration. All insurance coverages furnished under the OCIP shall provide for a waiver of subrogation in favor of Contractor and enrolled Subcontractors.