Common use of Transit Coverage Clause in Contracts

Transit Coverage. As needed for the specific job. The minimum A.M. Best’s rating of each insurer is A /VII. Owner will be named as an additional insured with respect to Contractors’ and Subcontractors’ Auto Liability, Commercial General Liability and Excess Liability policies. Manager must obtain indemnification and hold harmless provisions in favor of Owner and Manager. All coverages listed above shall apply on a primary and non-contributory basis.

Appears in 2 contracts

Sources: Property Management Agreement (One Chestnut Realty LLC), Property Management Agreement (One Chestnut Realty LLC)