Umbrella or Excess Liability definition

Umbrella or Excess Liability insurance with a limit per occurrence and in the aggregate of Ten Million ($10,000,000). AER shall ensure that the insurance policies required above provide: (i) Insurance required in 1, 2 and 5 above shall include CL&P, and its officers, directors, employees and agents as additional insureds. (ii) Such insurance as afforded by this policy for the benefit of CL&P, shall be primary as respects any claims, losses, damages, expenses, or liabilities arising out of this Agreement, and insured hereunder, and any insurance or self insurance carried by CL&P, shall be excess of and noncontributing with insurance afforded by this policy. (iii) The commercial umbrella liability policy shall provide coverage excess of, G 1 and shall drop down in the event the underlying CGL, Business Automobile Liability, and Employers Liability insurance policy limits are exhausted due to claims during the policy term.
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Umbrella or Excess Liability insurance with a limit per occurrence and in the aggregate of Five Million ($5,000,000). Comverge shall ensure that the insurance policies required above provide:
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Umbrella or Excess Liability insurance with a limit per occurrence and in the aggregate of Five Million ($5,000,000). Comverge shall ensure that the insurance policies required above provide: (i) Insurance required in 1, 2 and 5 above shall include NPC, and its officers, directors, employees and agents as additional insureds. (ii) Such insurance as afforded by this policy for the benefit of NPC, shall be primary as respects any claims, losses, damages, expenses, or liabilities arising out of this Agreement, and insured hereunder, and any insurance or self insurance carried by NPC, shall be excess of and noncontributing with insurance afforded by this policy. (iii) Such insurance may not be canceled, non-renewed or materially changed without the insurer giving thirty (30) days’ prior written notice to NPC or ten (10) days’ prior written notice in the event of non-payment. (iv) Such insurance shall provide NPC with waivers of subrogation. (v) The commercial umbrella liability policy shall provide coverage excess of, and shall drop down in the event the underlying CGL, Business Automobile Liability, and Employers Liability insurance policy limits are exhausted due to claims during the policy term.
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Examples of Umbrella or Excess Liability in a sentence

  • If insurance policies are not written for amounts agreed to with the City, the Contractor shall carry Umbrella or Excess Liability Insurance for any differences in amounts specified.

  • An Umbrella or Excess Liability insurance policy may be used to supplement the Contractor’s policy limits to satisfy the full policy limits required by the Contract.

  • There is no minimum Per Occurrence limit of liability under the Umbrella or Excess Liability, however, the Annual Aggregate limits shall not be less than the highest ‘Each Occurrence’ limit for required policies.

  • An Umbrella or Excess Liability insurance policy may be used to supplement the Contractor’s policy limit to satisfy the full policy limits required by the Contract.

  • Umbrella or Excess Liability coverages may be used to supplement primary coverages to meet the required limits.

  • Contractor agrees to endorse City of Durham as an ‘Additional Insured’ on the Umbrella or Excess Liability, unless the Certificate of Insurance states the Umbrella or Excess Liability provides coverage on a ‘Follow-Form’ basis.

  • There is no minimum per occurrence limit of liability under the Umbrella or Excess Liability; however, the annual aggregate limit shall not be less than the highest “Each Occurrence” limit for either CGL or Automobile Liability.

  • The Contactor may satisfy the minimum liability limits required for the CGL and Automobile Liability under an Umbrella or Excess Liability policy.

  • Any combination of Commercial General Liability, Automobile Liability and Umbrella or Excess Liability can be used to satisfy the limit requirement for these coverages.

  • Umbrella or Excess Liability Insurance with policy limits of not less than five million dollars ($5,000,000) for each occurrence and in the aggregate.


More Definitions of Umbrella or Excess Liability

Umbrella or Excess Liability insurance with a limit per occurrence and in the aggregate of Five Million ($5,000,000). Comverge shall ensure that the insurance policies required above provide: (i) Insurance required in 1, 2 and 5 above shall include PNM, and its officers, directors, employees and agents as additional insureds. (ii) Such insurance as afforded by this policy for the benefit of PNM, shall be primary as respects any claims, losses, damages, expenses, or liabilities arising out of this Agreement, and insured hereunder, and any insurance or self insurance carried by PNM, shall be excess of and noncontributing with insurance afforded by this policy.
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