WILL BE ACCEPTABLE Clause Samples
The "WILL BE ACCEPTABLE" clause defines the standards or criteria that a product, service, or action must meet to be considered satisfactory under the agreement. In practice, this clause typically outlines specific requirements, such as quality levels, compliance with specifications, or adherence to industry norms, that must be fulfilled for acceptance. Its core function is to ensure both parties have a clear understanding of what constitutes acceptable performance or delivery, thereby reducing disputes and setting objective benchmarks for evaluation.
WILL BE ACCEPTABLE. REQUIRED COVERAGE: O COMMERICAL GENERAL LIABILITY - Not less than $500,000 per occurrence; combined single limit for bodily injury liability and property damage liability. This shall include premises and/or operations, independent contractors and products and/or completed operations, and a contractual liability endorsement. o GARAGE LIABILITY – Not less than $500,000 Per Occurrence o Business Auto Policy - Not less than $500,000 Per Occurrence; Combined Single Limit for Bodily Injury Liability and Property Damage Liability. This shall include Owned Vehicles, Hired and Non-Owned Vehicles, and Employees Non-Ownership.
WILL BE ACCEPTABLE. GENERALLY REQUIRED COVERAGE INCLUDES: o COMMERCIAL GENERAL LIABILITY - Not less than $500,000 per occurrence; combined single limit for bodily injury liability and property damage liability. This shall include the following endorsements: premises and/or operations, independent contractors and products and/or completed operations, broad form property damage.