Minimum Limits. The policy or policies of insurance maintained by the Optionee shall provide the minimum limits and coverage as set forth below: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned or scheduled, non-owned and hired vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 per accident or disease
Appears in 2 contracts
Samples: Option Agreement, Option Agreement
Minimum Limits. The policy or Optionee shall, for the duration of the Option Term, maintain the following policies of insurance maintained by with the Optionee shall provide the following minimum limits and coverage as set forth belowcoverage: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage coverag for owned or scheduledowned, non-owned and hired hire vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 per accident or diseaseoccurrence
Appears in 2 contracts
Samples: Option Agreement, Option Agreement
Minimum Limits. The policy or policies of insurance ofinsurance maintained by the Optionee shall provide the minimum limits and coverage as set forth below: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage coverag for owned or scheduledowned, non-owned and hired hire vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 limit per accident occurrence Statutory Minimum $1,000,000 per occurrence Contractor's Pollution Liability $1,000,000 per claims-made or diseaseper occurrence
Appears in 1 contract
Samples: Option Agreement
Minimum Limits. The policy or policies of insurance maintained by the Optionee shall provide the minimum limits and coverage as set forth below: Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage coverag for owned or scheduledowned, non-owned and hired hire vehicles $1,000,000 limit per occurrence Workers' Compensation Statutory Employers' Liability Insurance $1,000,000 limit per accident occurrence Statutory Minimum $1,000,000 per occurrence Contractor's Pollution Liability $1,000,000 per claims-made or diseaseper occurrence
Appears in 1 contract
Samples: Option Agreement