Common use of Workers’ Compensation/Employer’s Liability Insurance Clause in Contracts

Workers’ Compensation/Employer’s Liability Insurance. Credit Parties shall maintain (i) Workers’ Compensation insurance in accordance with statutory provisions covering accidental injury, illness or death of an employee of any Credit Party while at work or in the scope of his employment with such Credit Party, and (ii) Employer’s Liability in an amount of not less than $1,000,000. Such coverage shall not contain any occupational disease exclusions; and

Appears in 3 contracts

Samples: Credit Agreement (Omni Energy Services Corp), Credit Agreement (Omni Energy Services Corp), Credit Agreement (Omni Energy Services Corp)

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Workers’ Compensation/Employer’s Liability Insurance. The Credit Parties shall maintain (i) Workers’ Compensation insurance in accordance with statutory provisions covering accidental injury, illness or death of an employee of any the Credit Party Parties while at work or in the scope of his employment with such the Credit Party, Parties and (ii) Employer’s Liability in an amount of not less than $1,000,000. Such coverage shall not contain any occupational disease exclusions; and

Appears in 1 contract

Samples: Credit Agreement (Measurement Specialties Inc)

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