Common use of Minimum Levels Clause in Contracts

Minimum Levels. Each party agrees to keep in full force and effect during the Term of this Agreement: (i) comprehensive general liability insurance with a combined single limit in an amount not less than $1,000,000 per occurrence, and $2,000,000 aggregate (or equivalent coverage under an “umbrella” policy), including comprehensive form premises and operations, independent contractors, products and completed operations, personal injury, contractual, and broad form property damage liability coverage, and (ii) workers’ compensation insurance covering such party’s employees in an amount not less than that required by Law. QTS shall maintain property and casualty insurance (all risks) covering QTS’s Facilities, including the Data Center. Customer shall maintain property and casualty insurance (all risks) covering the Customer Space and Customer Equipment. Customer agrees that it will insure and be solely responsible for insuring the injuries to and claims of its representatives. All such policies shall be written by insurance carriers licensed in the state in which the Data Center is located, and shall be rated A+ or better by A.M. Best and such policies maintained by Customer shall name QTS and its lenders as additional insureds. Parties agree that upon request, they will deliver to each other the applicable certificates of insurance naming the other party as a certificate holder and requiring that the other party receive written notice at least thirty (30) days prior to any termination, expiration or change in the coverages provided thereunder. Each party will cause and ensure that each insurance policy of such party required under this Agreement will provide that the underwriters waive all claims and rights of recovery by subrogation against the other party’s Parties in connection with any liability or damage covered by the insurance policies. Each Party hereby indemnifies and holds harmless the other for a breach of such Party’s obligations under this Section 8.1.

Minimum Levels. Each party agrees to keep in full force and effect during the Term of this Agreement: (i) comprehensive commercial general liability insurance with a combined single limit in an amount not less than $1,000,000 per occurrence, and $2,000,000 aggregate (or equivalent coverage under an “umbrella” policypolicy in an amount not less than $3,000,000), including comprehensive broad form premises and operations, independent contractors, products and completed operations, personal injury, contractual, and broad form property damage liability coverage, coverage and (ii) workers’ compensation insurance covering such party’s employees in an amount not less than that required by Law. QTS shall maintain property and casualty insurance (all risks) covering QTS’s Facilities, including the Data Center. Customer shall maintain property and casualty insurance (all risks) covering the Customer Space and Customer Equipment. , Customer agrees that it will insure and be solely responsible for insuring the injuries to and claims of its representatives, unless such injuries are the fault of QTS. All such policies shall be written by insurance carriers licensed in the state in which the Data Center is located, . and shall be rated A+ A-, IX or better by A.M. Best and Best; and, except for workers compensation insurance, such policies maintained by Customer shall name QTS and its lenders as additional insureds. Parties agree that upon request, they will deliver to each other the applicable certificates of insurance naming the other party as a certificate holder and requiring that holder. A party shall give the other party receive written notice at least thirty (30) days prior to any terminationwritten notice of expiration, expiration cancellation, or change material changes in the coverages provided thereundercoverage of any of the policies to which such other party ls an additional insured. Each party will cause and ensure that each insurance policy of such party required under this Agreement will provide that the underwriters waive all claims and rights of recovery by subrogation against the other party’s Parties in connection with any liability or damage covered by the insurance policies. Each Party hereby indemnifies and holds harmless the other for a breach of such Party’s obligations under this Section 8.1.

Minimum Levels. Each party agrees to keep in full force and effect during the Term of this Agreement: (i) comprehensive commercial general liability insurance with a combined single limit in an amount not less than $1,000,000 per occurrence, and $2,000,000 aggregate (or equivalent coverage under an “umbrella” policypolicy in an amount not less than $3,000,000), including comprehensive broad form premises and operations, independent contractors, products and completed operations, personal injury, contractual, and broad form property damage liability coverage, and (ii) workers’ compensation insurance covering such party’s employees in an amount not less than that required by Law. QTS shall maintain property and casualty insurance (all risks) covering QTS’s Facilities, including the Data Center. Customer shall maintain property and casualty insurance (all risks) covering the Customer Space and Customer Equipment. Customer agrees that it will insure and be solely responsible for insuring the injuries to and claims of its representatives. All such policies shall be written by insurance carriers licensed in the state in which the Data Center is located, and shall be rated A+ A-, IX or better by A.M. Best and such policies maintained by Customer shall name QTS and its lenders as additional insureds. Parties agree that upon request, they will deliver to each other the applicable certificates of insurance naming the other party as a certificate holder and requiring that the other party receive written notice at least thirty (30) days prior to any termination, expiration or change in the coverages provided thereunder. Each party will cause and ensure that each insurance policy of such party required under this Agreement will provide that the underwriters waive all claims and rights of recovery by subrogation against the other party’s Parties in connection with any liability or damage covered by the insurance policies. Each Party hereby indemnifies and holds harmless the other for a breach of such Party’s obligations under this Section 8.1.