Examples of Minimum Liability Coverage in a sentence
LESSEE will carry and maintain in effect, at its own expense, with Approved Insurers, public liability insurance (including, but not limited to, contractual liability, and passenger legal liability), and property damage liability insurance with respect to the Aircraft, in amounts per occurrence of not less than the Minimum Liability Coverage, or such greater amounts as LESSEE may carry from time to time on other similar aircraft in its fleet.
LESSEE will carry and maintain in effect, at its own expense, with Approved Insurers, public liability insurance (including, without limitation, contractual liability, and passenger legal liability), and property damage insurance with respect to the Aircraft, in amounts per occurrence of not less than the Minimum Liability Coverage, or such greater amounts as LESSEE may carry from time to time on other similar aircraft in its fleet.
Except for the amount of the Agreed Value, the Minimum Liability Coverage and the deductible under Xxxxxx’s hull and war risk insurance policies, Lessor may from time to time stipulate such other requirements for the Insurances as Lessor reasonably considers necessary to ensure that the scope and level of cover is maintained in accordance with the then prevailing industry practice in relation to aircraft of the same type as the Aircraft and in relation to operators of similar standing to Lessee.
Construction Budget Minimum Liability Coverage $50,000,000 and above $2,000,000 per claim, $4,000,000 aggregate $25,000,000 and above, but under $50,000,000 $2,000,000 per claim, $2,000,000 aggregate $1,500,000 and above but under $25,000,000 $1,000,000 per claim, $1,000,000 aggregate Under $1,500,000 $ 500,000 per claim, $ 500,000 aggregate Valuable papers and Records Coverage and/or Electronic Data Processing (Data and Media) Coverage.
Construction Budget Minimum Liability Coverage $50,000,000 and above $2,000,000 per claim $4,000,000 aggregate $25,000,000 to $50,000,000 $2,000,000 per claim $2,000,000 aggregate $1,500,000 to $25,000,000 $1,000,000 per claim $1,000,000 aggregate Less than $1,500,000 $500,000 per claim $500,000 aggregate GSD reserves the right to require additional coverage from that set forth in the chart above, at GSD's expense for the additional coverage portion only.