Common use of Severability of Insureds Clause in Contracts

Severability of Insureds. Each policy under which Buyer is required by this Appendix to be named as an additional insured shall provide that (i) inclusion of more than one Person or organization as insured hereunder shall not in any way affect the rights of any such Person or organization as respects any claim, demand, suit or judgment made, brought or recovered, by or in favor of any other insured, or by or in favor of any employee of such other insured, and (ii) each Person or organization is protected thereby in the same manner as though a separate policy had been issued to each, but nothing therein shall operate to increase the insurance company’s liability as set forth elsewhere in the policy beyond the amount for which the insurance company would have been liable if only one Person or interest had been named as insured.

Appears in 7 contracts

Samples: Operate Transfer Agreement, Operate Transfer Agreement, Operate Transfer Agreement

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Severability of Insureds. Each policy under which Buyer is required by this Appendix Exhibit to be named as an additional insured shall provide that (i) inclusion of more than one Person person or organization as insured hereunder shall not in any way affect the rights of any such Person person or organization as respects any claim, demand, suit or judgment made, brought or recovered, by or in favor of any other insured, or by or in favor of any employee of such other insured, and (ii) each Person person or organization is protected thereby in the same manner as though a separate policy had been issued to each, but nothing therein shall operate to increase the insurance company’s liability as set forth elsewhere in the policy beyond the amount for which the insurance company would have been liable if only one Person person or interest had been named as insured.

Appears in 3 contracts

Samples: Power Purchase Agreement, www.psegliny.com, www.lipower.org

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Severability of Insureds. Each policy under which Buyer is required by this Appendix 9 to be named as an additional insured shall provide that (i) inclusion of more than one Person or organization as insured hereunder shall not in any way affect the rights of any such Person or organization as respects any claim, demand, suit or judgment made, brought or recovered, by or in favor of any other insured, or by or in favor of any employee of such other insured, and (ii) each Person or organization is protected thereby in the same manner as though a separate policy had been issued to each, but nothing therein shall operate to increase the insurance company’s liability as set forth elsewhere in the policy beyond the amount for which the insurance company would have been liable if only one Person or interest had been named as insured.

Appears in 2 contracts

Samples: Power Purchase Agreement, Energy Services Agreement

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