Insurance Endorsement Clause Examples
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Insurance Endorsement. The liability insurance policy, including any endorsement or addition, shall name Washington State, the funding board, and RCO as additional insured and shall be in a form approved by the funding board or director.
Insurance Endorsement. With respect to Section 7.1 above, these policies shall be endorsed to name the City, its councilmembers, officers, employees, agents and named volunteers as additional insured’s and as loss payees.
Insurance Endorsement. All property insurance policies shall contain an endorsement or agreement by the insurer in form satisfactory to Lender that any loss shall be payable in accordance with the terms of such policy notwithstanding any act or negligence of Borrower and the further agreement (within both the property and liability policies) of the insurer waiving rights of subrogation against Lender, and rights of set-off, counterclaim or deductions against Borrower.
Insurance Endorsement. The Company agrees that on or prior to August 31, 2008, it shall deliver to the Purchasers (or their counsel) each of (a) an original endorsement to the Company’s Commercial General Liability Insurance Policy/Umbrella Liability Insurance Policy naming the Purchasers as additional insureds, and (b) an original Standard New Jersey Mortgagee Non-Contribution Clause endorsement to the Company’s “all risk” property insurance policy for the Mortgaged Property in favor of the Purchasers.
Insurance Endorsement. 38 ARTICLE IX
Insurance Endorsement. Each policy mentioned in this Section 20 shall name the non-insuring Party as an additional insured, shall be primary and non-contributing with any insurance carried by the non-insuring Party, and shall have attached thereto endorsements (a) that such policy shall not be canceled, modified, reduced or surrendered without at least thirty (30) days’ prior written notice to the non-insuring Party; and (b) that no act or omission of the insuring Party shall invalidate the interest of such person or entity entitled to such notice. Certificates of insurance evidencing such coverages shall be delivered promptly by the Party obtaining such insurance to the other Party.
Insurance Endorsement. Prior to the Closing, the Purchaser shall obtain, or arrange at the Purchaser’s expense for the Seller to obtain, an extended reporting period endorsement, effective as of the Closing Date, under the Seller’s existing officers’ and directors’ liability insurance coverage for the directors and officers of the Seller with respect to possible claims arising from the business of the Seller conducted prior to and through the Closing Date, but not with respect to any undertakings of the Seller after the Closing, (the “Insurance Endorsement”), in a form reasonably acceptable to the Seller, which endorsement shall provide such directors and officers with coverage in an amount recommended by the Seller’s insurance agent and reasonably acceptable to the Purchaser, for three (3) years following the Closing; provided, however, that, if the cost of such coverage exceeds One Hundred Fifty Thousand Dollars ($150,000) (the “Maximum D&O Tail Premium”), the Purchaser shall obtain (or arrange at its expense for the Seller to obtain) such an endorsement with the greatest coverage and for the longest period available for the foregoing claims at a cost not exceeding the Maximum D&O Tail Premium.
Insurance Endorsement. With respect to subsections 8.1(a)(i), (ii) and (iii) above, these policies shall be endorsed (a) to name the Landlord as an additional insured and as a loss payee; and (b) to waive subrogation rights against the Landlord.
Insurance Endorsement. Evidence of the endorsing of the Borrower’s insurance policies in accordance with Clause 19.4(b) (Insurance).
Insurance Endorsement. All policies shall be endorsed (a) to name the City as an additional insured and as a loss payee (as applicable); and (b) to waive subrogation rights against the City.