Common use of Errors and Omissions Liability Clause in Contracts

Errors and Omissions Liability. Errors and omissions insurance for liability arising out of property damage or bodily injury to third parties as a result of prototype manufacturing errors and omissions liability $1,000,000 per glitch and in the aggregate. Deductibles shall be the best commercially available in accordance with prudent industry practice.

Appears in 6 contracts

Samples: Operating Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)

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Errors and Omissions Liability. Errors and omissions insurance for liability arising out of property damage or bodily injury to third parties as a result of prototype manufacturing errors and omissions liability $1,000,000 [***] per glitch and in the aggregate. Deductibles shall be the best commercially available in accordance with prudent industry practice.

Appears in 3 contracts

Samples: Equity Capital Contribution Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp), Equity Capital Contribution Agreement (Bloom Energy Corp)

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