Common use of Worker’s Comp; Auto Liability Clause in Contracts

Worker’s Comp; Auto Liability. If the Company should have any employees or own any motor vehicles, then the Company, at its sole cost and expense, shall also purchase and maintain, as applicable: (a) Workers’ Compensation (statutory limits) and Employers’ Liability coverage with not less than $1,000,000 in coverage limits including a Waiver of Subrogation in favor of IHP and Watt; (b) Commercial Automobile liability covering owned, hired, and non-owned autos with not less than $1,000,000 in coverage limits; and (c) Umbrella liability coverage with not less than $10,000,000 in coverage limits, listing all policies and coverages under clauses 5.(a) and (b) hereof.

Worker’s Comp; Auto Liability. If the Company Partnership should have any employees or own any motor vehicles, then the CompanyPartnership, at its sole cost and expense, shall also purchase and maintain, as applicable: (a) Workers’ ' Compensation (statutory limits) and Employers’ ' Liability coverage with not less than $1,000,000 in coverage limits including a Waiver of Subrogation in favor of IHP TNHC and WattTricon; (b) Commercial Automobile liability covering owned, hired, and non-owned autos with not less than $1,000,000 in coverage limits; and (c) Umbrella liability coverage with not less than $10,000,000 in coverage limits, listing all policies and coverages under clauses 5.(a) and (b) hereof.