Common use of Insurance Required Clause in Contracts

Insurance Required. Outside Counsel certifies that it presently maintains malpractice insurance in an amount not less than Agency’s limitation of liability under Section 4.1 of this OCC. Outside Counsel agrees to maintain at least this amount of insurance coverage during this OCC Term. Further, Outside Counsel agrees to give notice to Agency and to the OAG in the event any amount of malpractice insurance is canceled. Outside Counsel also agrees to furnish to Agency or the OAG certified copies of such insurance policies when requested. Outside Counsel agrees that no claim by Agency and the State of Texas for damages resulting from breach of Outside Counsel’s duties to Agency under this OCC shall be limited to the amount of malpractice insurance maintained by Outside Counsel.

Insurance Required. Outside Counsel certifies that it presently maintains malpractice insurance in an amount not less than Agency’s limitation of liability under Section 4.1 of this OCC. SAMPLE Outside Counsel agrees to maintain at least this amount of insurance coverage during this OCC Term. Further, Outside Counsel agrees to give notice to Agency and to the OAG in the event any amount of malpractice insurance is canceled. Outside Counsel also agrees to furnish to Agency or the OAG certified copies of such insurance policies when requested. Outside Counsel agrees that no claim by Agency and the State of Texas for damages resulting from breach of Outside Counsel’s duties to Agency under this OCC shall be limited to the amount of malpractice insurance maintained by Outside Counsel.