Common use of XXXXXXXXX AND RISK OF LOSS Clause in Contracts

XXXXXXXXX AND RISK OF LOSS. Contractor shall obtain and maintain for the duration of this agreement applicable insurance policies as specified by AOC. Unless otherwise approved or specified by AOC, CONTRACTOR must maintain in force and provide proof of: (1) a commercial general liability policy with a per occurrence limit of at least $1,000,000; (2) a professional liability insurance policy with a per occurrence limit of at least $1,000,000, if applicable to the nature of the agreement; (3) if applicable, an automobile liability policy with a combined single limit of not less than $1,000,000, if applicable to the nature of the agreement and (4) Cyber Liability Insurance, with limits not less than $2,000,000 per occurrence or claim, $2,000,000 aggregate. Coverage shall be sufficiently broad to respond to the Contractor’s duties and obligations as undertaken by Contractor in this agreement and shall include, but not be limited to infringement of intellectual property, including but not limited to infringement of copyright, trademark, trade dress, invasion of privacy violations, information theft, damage to or destruction of electronic information, release of private information, alteration of electronic information, extortion and network security. The policy shall provide coverage for breach response costs as well as regulatory fines and penalties as well as credit monitoring expenses with limits sufficient to respond to these obligations. Upon request, Contractor shall add the AOC, the Nevada Supreme Court, its officers and employees as an additional insured to any insurance policy required under this agreement. Contractor’s insurance coverage (including any insurance not specifically referenced in this agreement) shall be primary insurance and non-contributory with respect to all other available sources. Contractor shall also maintain worker's compensation/industrial insurance as required by law and provide proof coverage to AOC. Contractor shall immediately notify AOC of any change, lapse or cancellation of any insurance coverage. Contractor shall provide AOC with written notice at least 10 days before any change in any insurance policy that is required under this agreement.

Appears in 2 contracts

Samples: Master Services Agreement, Master Services Agreement

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XXXXXXXXX AND RISK OF LOSS. Contractor shall obtain and maintain for the duration of this agreement applicable insurance policies as specified by AOC. Unless otherwise approved or specified by AOC, CONTRACTOR must maintain in force and provide proof of: (1) a commercial general liability policy with a per occurrence limit of at least $1,000,000; (2) a professional liability insurance policy with a per occurrence limit of at least $1,000,000, if applicable to the nature of the agreement; (3) if applicable, an automobile liability policy with a combined single limit of not less than $1,000,000, if applicable to the nature of the agreement and (4) Cyber Liability Insurance, with limits not less than $2,000,000 per occurrence or claim, $2,000,000 aggregate. Coverage shall be sufficiently broad to respond to the Contractor’s duties and obligations as undertaken by Contractor in this agreement and shall include, but not be limited to infringement of intellectual property, including but not limited to infringement of copyright, trademark, trade dress, invasion of privacy violations, information theft, damage to or destruction of electronic information, release of private information, alteration of electronic information, extortion and network security. The policy shall provide coverage for breach response costs as well as regulatory fines and penalties as well as credit monitoring expenses with limits sufficient to respond to these obligations. Upon request, Contractor shall add the AOC, the Nevada Supreme Court, its officers and employees as an additional insured to any insurance policy required under this agreement. Contractor’s insurance coverage (including any insurance not specifically referenced in this agreement) shall be primary insurance and non-contributory with respect to all other available sources. Contractor shall also maintain and ensure that any subcontractor maintains worker's compensation/industrial insurance as required by law and provide proof coverage to AOC. Contractor shall immediately notify AOC of any change, lapse or cancellation of any insurance coverage. Contractor shall provide AOC with written notice at least 10 days before any change in any insurance policy that is required under this agreement.

Appears in 1 contract

Samples: Master Services Agreement

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XXXXXXXXX AND RISK OF LOSS. Contractor shall obtain and maintain for the duration of this agreement applicable insurance policies as specified by AOC. Unless otherwise approved or specified by AOC, CONTRACTOR must maintain in force and provide proof of: (1) a commercial general liability policy with a per occurrence limit of at least $1,000,000; (2) a professional liability insurance policy with a per occurrence limit of at least $1,000,000, if applicable to the nature of the agreement; (3) if applicable, an automobile liability policy with a combined single limit of not less than $1,000,000, if applicable to the nature of the agreement and (4) Cyber Liability Insurance, with limits not less than $2,000,000 per occurrence or claim, $2,000,000 aggregate. Coverage shall be sufficiently broad to respond to the Contractor’s duties and obligations as undertaken by Contractor in this agreement and shall include, but not be limited to infringement of intellectual property, including but not limited to infringement of copyright, trademark, trade dress, invasion of privacy violations, information theft, damage to or destruction of electronic information, release of private information, alteration of electronic information, extortion and network security. The policy shall provide coverage for breach response costs as well as regulatory fines and penalties as well as credit monitoring expenses with limits sufficient to respond to these obligations. Upon request, Contractor shall add the AOC, the Nevada Supreme Court, its officers and employees as an additional insured to any insurance policy required under this agreement. Contractor’s insurance coverage (including any insurance not specifically referenced in this agreement) shall be primary insurance and non-contributory with respect to all other available sources. Contractor shall also maintain and ensure that any subcontractor maintains worker's compensation/industrial insurance as required by law and provide proof coverage to AOC. Contractor shall immediately notify AOC of any change, lapse or cancellation of any insurance coverage. C Contractor shall provide AOC with written notice at least 10 days before any change in any insurance policy that is required under this agreement.

Appears in 1 contract

Samples: Master Services Agreement

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