Insurance Carried by Owner Sample Clauses

Insurance Carried by Owner. On and after Substantial Completion, Owner will carry insurance covering the Project in the types and amounts as Owner may from time to time deem prudent.
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Insurance Carried by Owner. On and after Substantial Completion, Owner will carry insurance covering the Project in the types and amounts as Owner may from time to time deem prudent. evidencing that such Subcontractor has obtained insurance acceptable to Design-Builder in such the Site, Design-Builder shall obtain a certificate of insurance from each first tier Subcontractor
Sample 1
Insurance Carried by Owner. During the term of this Agreement, Owner shall carry general business insurance in amounts reasonable and appropriate consistent with its past practices for its activities during the period prior to Commercial Operation. Such business insurance may include worker's compensation, employer's liability, automobile liability, commercial general liability coverages, as well as property damage coverage for its property (excluding the Work but including any other Owner property located on or adjacent to the Job Site). In addition, on and after the date of Commercial Operation of the Facility, Owner will carry insurance with such coverages and in such amounts as are customarily carried by responsible owners and operators of an electric power generation plant such as the Facility. Owner shall cause its insurers to include Contractor as an additional insured to the extent of Owner's indemnification obligations under this Agreement and to waive rights of subrogation against Contractor and its Subcontractors except that with respect to Owner's property/casualty insurance, any such waiver shall not extend to Contractor's warranty obligations under this Agreement. Owner's obligations under this Section shall continue until such time as Contractor's warranty obligations under ARTICLE XIII expire. Upon request of Contractor, Owner shall furnish to Contractor certificates of insurance or other evidence of compliance with the requirements of this Section.
Sample 1
Insurance Carried by Owner. Owner or, at Owner's request, Operator shall obtain and shall pay as an Expense, the following insurance coverage in the form of policies which shall name Owner, Operator, Owner's mortgagee and/or ground lessor (if any), as their interests may appear:
Sample 1

Related to Insurance Carried by Owner

  • Carried by Lessee Lessee shall obtain and keep in force during the term of this Lease a Commercial General Liability policy of insurance protecting Lessee and Lessor (as an additional insured) against claims for bodily injury, personal injury and property damage based upon, involving or arising out of the ownership, use, occupancy or maintenance of the Premises and all areas appurtenant thereto. Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than $1,000,000 per occurrence with an "Additional Insured-Managers or Lessors of Premises" Endorsement and contain the "Amendment of the Pollution Exclusion" for damage caused by heat, smoke or fumes from a hostile fire. The policy shall not contain any intra-insured exclusions as between insured persons or organizations, but shall include coverage for liability assumed under this Lease as an "insured contract" for the performance of Lessee's indemnity obligations under this Lease. The limits of said insurance required by this Lease or as carried by Lessee shall not, however, limit the liability of Lessee nor relieve Lessee of any obligation hereunder. All insurance to be carried by Lessee shall be primary to and not contributory with any similar insurance carried by Lessor, whose insurance shall be considered excess insurance only.

  • Carried by Lessor Lessor shall maintain liability insurance as described in Paragraph 8.2(a), in addition to, and not in lieu of, the insurance required to be maintained by Lessee. Lessee shall not be named as an additional insured therein.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Liability Insurance - Lessee Lessee shall, at Lessee's expense, obtain and keep in force during the term of this Lease a policy of Combined Single Limit Bodily Injury and Property Damage Insurance insuring Lessee and Lessor against any liability arising out of the use, occupancy or maintenance of the Premises and all other areas appurtenant thereto. Such insurance shall be in an amount not less than $500,000 per occurrence. The policy shall insure performance by Lessee of the indemnity provisions of this Paragraph 8. The limits of said insurance shall not, however, limit the liability of Lessee hereunder.

  • Liability Insurance - Lessor Lessor shall obtain and keep in force during the term of this Lease a policy of Combined Single Limit Bodily Injury and Broad Form Property Damage Insurance, plus coverage against such other risks Lessor deems advisable from time to time, insuring Lessor, but not Lessee, against liability arising out of the ownership, use, occupancy or maintenance of the Office Building Project in an amount not less than $5,000,000.00 per occurrence.

  • Sub-Adviser Insurance The Sub-Adviser agrees that it will maintain at its own expense an errors and omissions insurance policy with respect to the Sub-Adviser in a commercially reasonable amount based upon the amount of assets managed by the Sub-Adviser and commercial general liability insurance in a commercially reasonable amount. The foregoing policies shall be issued by insurance companies that maintain an A.M. Best rating of A- or higher, or are otherwise acceptable to the Adviser in its reasonable discretion. Any and all deductibles specified in the above-referenced insurance policies shall be assumed by the Sub-Adviser.

  • Exception for Amounts Covered by Insurance Notwithstanding the foregoing, the Company shall not be obligated to indemnify the Indemnitee for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties and amounts paid in settlement) to the extent such have been paid directly to the Indemnitee by D&O Insurance.

  • Other Insurance If requested by the Director, Contractor shall furnish adequate evidence of Social Security and Unemployment Compensation Insurance, to the extent applicable to Contractor’s operations under this Agreement.

  • Insurance Business Any insurances or reinsurances falling within the definition of “contract of insurance” in Article 3(1) of the Financial Services and Markets Xxx 0000 (Regulated Activities) Order 2001 together with insurances concluded under any contracts for insurance made by the Underwriting Agent where the Broker is the coverholder or the placing broker.

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