Common use of TSP Provided Insurance Clause in Contracts

TSP Provided Insurance. As a condition to issuance of the NTP, TSP shall provide, at its own expense, insurance acceptable to the Joint Board as described herein and shall maintain such insurance in full force and effect throughout the duration of this Contract as specified herein. TSP may satisfy these requirements for specific coverages and limits through various methods including the use of combined forms, e.g., professional liability and cyber liability, to meet coverage requirements and combinations of primary and excess policies for achieving required limits. Use of such options is permissible provided that the resulting insurance policies meet all the requirements specified in this Section 9 and approved in advance by the Joint Board.

Appears in 6 contracts

Samples: Toll Services Agreement, Toll Services Agreement, Toll Services Agreement

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