Minimum Policy Sample Clauses

Minimum Policy. On its own behalf and on behalf of each physician or other Professional that it employs, and each physician or other Professional contracting with P.C. for the provision of professional services, P.C. shall provide and keep in force a malpractice insurance policy or policies of standard form in the State of New Jersey, with limits mutually acceptable to Manager and P.C. The policies shall be obtained by P.C. or, as the case may be, by each such physician or other Professional employed by P.C., or contracting with P.C., and certificates thereof shall be delivered to Manager prior to the inception of operations of any Site, together with evidence of the payment of the premiums thereon, and shall be placed with insurance companies authorized and licensed to issue such policies in the State of New Jersey at rates deemed reasonable and appropriate and having reserves in an amount deemed to be reasonably adequate by P.C. and Manager. P.C. shall use its best efforts to name Manager as an additional insured party on all malpractice insurance and Manager may, at its option, participate in the procurement of cost-effective coverage on behalf of P.C. P.C. shall provide documentation to Manager that all such insurance is in full force and effect on each subsequent anniversary of the Commencement Date and not less than ten (10) days prior to the earlier of the dates upon which P.C. employs or enters into a contract with any Professional to provide services at Site.
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Minimum Policy. No first-year commissions will be paid or premium credit allowed on any new life insurance policy with a face amount of less than $10,000 with the exception of Guaranteed Purchase Option riders.
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Minimum Policy. Group Practice shall, at Physician Employee's expense, at all times during the Term of Employment, maintain and keep in force professional liability insurance "claims made" policies of standard form in the State providing coverage for Physician Employee, Group Practice and Administrator (if possible) with limits of not less than Two Hundred Thousand Dollars ($200,000.00) per occurrence, and not less than Six Hundred Thousand Dollars ($600,000.00) in the aggregate or such higher amount as may be deemed reasonable and/or necessary for each single year. The policy shall be placed with insurance companies authorized and licensed to issue such policies in the State with an "A" or higher A.M. Best Rating and reasonably acceptable to Group Practice, and shall name Physician Employee, Group Practice and Administrator (if possible) as insured parties. Physician Employee shall cooperate fully with Group Practice and such insurance companies in order to obtain such professional liability insurance policy.
Sample 1
Minimum Policy. On its own behalf and on behalf of each physician or other Professional its employs, and each physician or other Professional contracting with P.C. for the provision of professional services, P.C. shall provide and keep in force a malpractice insurance policy or policies of standard form in the State of Delaware, with limits mutually acceptable to Manager and P.C. The policies shall be obtained by P.C. or, as the case may be, by each such physician or other Professional employed by P.C., or contracting with P.C., and certificates thereof shall be delivered to Manager prior to the inception of operations of any Site, together with evidence of the payment of the premiums thereon, and shall be placed with insurance companies authorized and licensed to issue such
Sample 1
Minimum Policy. During the Term of Employment, the Clinic shall maintain in force and effect for the remainder of their outstanding terms, all professional liability insurance policies, if any, which are transferred from Old Clinic to the Clinic. All documents evidencing the transfer of such policies shall be in a form acceptable to Administrator (as hereinafter defined). At all times during the Term of Employment other than when such transferred policies are in effect, the Clinic shall maintain and keep in force professional liability insurance "claims made" policies of acceptable form in the State providing coverage for Physician and Clinic with limits of not less than One Million and No/100 Dollars ($1,000,000.00) per occurrence, and not less than Three Million and No/100 Dollars ($3,000,000.00) in the aggregate for each policy year. For purposes of this Agreement, "acceptable form" shall mean any form reasonably acceptable to Physician, Clinic and the Administrator (as hereinafter defined). The policy shall be placed with insurance companies reasonably acceptable to Clinic which are authorized by the State Insurance Department to issue such policies in the State and which have an A.M. Best rating of A:IX or better (except for any such policies transferred from Old Clinic, if any, and except as otherwise agreed) and such policies shall name both the Clinic and Physician as named insureds. Physician shall cooperate fully with Clinic and such insurance companies in order to obtain such professional liability insurance policy.
Sample 1
Minimum Policy. On its own behalf and on behalf of each physical therapist or other Professional its employs, and each physical therapist or other Professional contracting with P.C. for the provision of professional services, P.C. shall provide and keep in force a malpractice insurance policy or policies of standard form in the State of New Jersey, with limits mutually acceptable to Manager and P.C. The policies shall be obtained by P.C. or, as the case may be, by each such physical therapist or other Professional employed by P.C., or contracting with P.C., and certificates thereof shall be delivered to Manager prior to the inception of operations of any Site, together with evidence of the payment of the premiums thereon, and shall be placed with insurance companies authorized and licenses to issue such policies in the State of New Jersey at rates deemed reasonable and appropriate and having reserves in an amount deemed to be reasonably adequate by P.C. and Manager. P.C. shall use its best efforts to name Manager as an additional insured party on all malpractice insurance and Manager may, at its option, participate in the procurement of cost-effective coverage on behalf of P.C. P.C. shall provide documentation to Manager that all such insurance is in full force and effect on each subsequent anniversary of the Commencement Date and not less than ten (10) days prior to the earlier of the dates upon which P.C. employs or enters into a contract with any Professional to provide services at Site.
Sample 1
Minimum Policy. On its own behalf and on behalf of each physician or other Professional its employs, and each physician or other Professional contracting with P.C. for the provision of professional services, P.C. shall provide and keep in force a malpractice insurance policy or policies of standard form in the Commonwealth of Pennsylvania, with limits mutually acceptable to Manager and P.C. The policies shall be obtained by P.C. or, as the case may be, by each such physician or other Professional employed by P.C., or contracting with P.C.,
Sample 1
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Minimum Policy. On its own behalf and on behalf of each physical therapist or other Professional it employs, and each physical therapist or other Professional contracting with P.C. for the provision of professional services, P.C. shall provide and keep in force a malpractice insurance policy or policies of standard form in the Commonwealth of Pennsylvania, with limits mutually acceptable to Manager and P.C. The policies shall be obtained by P.C. or, as the case may be, by each such physical therapist or other Professional employed by P.C., or contracting with P.C., and certificates thereof shall be delivered to Manager prior to the inception of operations of any Site, together with evidence of the payment of the premiums thereon, and shall be placed with insurance companies authorized and licensed to issue such policies in the Commonwealth of Pennsylvania at rates deemed reasonable and appropriate and having reserves in an amount deemed to be reasonably adequate by P.C. and Manager. P.C. shall use its best efforts to name Manager as an additional insured party on all malpractice insurance and Manager may, at its option, participate in the procurement of cost-effective coverage on behalf of P.C. P.C. shall provide documentation to Manager that all such insurance is in full force and effect on each subsequent anniversary of the Commencement Date and not less than ten (10) days prior to the earlier of the dates upon which P.C. employs or enters into a contract with any Professional to provide services at Site.
Sample 1
Minimum Policy. Employer shall at Employer’s expense and at all times during the terms of employment maintain and keep in force professional liability insurance for the protection of Employee during her employment in the standard form required by the State of Florida and in a form and from a company acceptable to Employer, providing coverage for Employee in the amount of one million dollars per occurrence and three million dollars aggregate per annum ($1 million/$3 million). The policy or policies shall be placed with insurance companies authorized and licensed to issue such policies in the State of Florida and shall name Employer and Employer’s principal, , M.D., as additional insureds. The insurance company shall be required to give written notice to Employer should any change in coverage occur. Employee shall cooperate fully with Employer and such insurance companies in order to obtain such professional liability insurance policies and shall provide a copy of the policy and certificate of coverage to Employer. Such policy shall be an “occurrences” policy; however, it may be a “claims made” policy if tail coverage is obtained.
Sample 1

Related to Minimum Policy

  • R&W Policy Concurrently with the execution and delivery of this Agreement, Buyers have delivered to Sellers’ Representative a duly executed binder agreement (the “Binder Agreement”) by and between Buyers and AIG Specialty Insurance Company, an Illinois corporation, with respect to the delivery of an insurance policy with respect to the representations and warranties of Sellers under this Agreement (the “R&W Policy”) at the Closing, which Binder Agreement shall not be amended in a manner that adversely affects Sellers without the prior written consent of Sellers’ Representative (such consent not to be unreasonably withheld, conditioned or delayed); provided, that the parties hereto agree that any version of the R&W Policy and Binder Agreement delivered to Sellers’ Representative shall not include Annex A or Annex B referenced therein. Buyers and its Affiliates shall not amend, waive, or otherwise modify the subrogation provision under the R&W Policy in any manner that would allow the insurer thereunder to subrogate or otherwise make or bring any action against the Sellers (other than any claim for Fraud of any Seller). The policy provider of the R&W Policy has agreed that the R&W Policy will expressly provide that the policy provider shall not have the right to, and will not, pursue any subrogation rights or contribution rights or any other claims against any Seller or any of the Sellers’ Parties in connection with any claim made by any Buyers’ Indemnified Party thereunder, other than for Fraud, and that such provision of the insurance policy may not be amended without the prior written consent of Sellers’ Representative. Sellers shall pay, cause to be paid or reimburse Buyers for all costs and expenses related to the R&W Policy, including the total premium, underwriting costs, brokerage commissions, and other fees and expenses of such policy, provided that such amounts shall be without duplication to those otherwise included in Transaction Expenses.

  • Recoupment Policy Executive agrees that Executive will be subject to any compensation clawback or recoupment policies that may be applicable to Executive as an employee of the Company, as in effect from time to time and as approved by the Board or a duly authorized committee thereof, to comply with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Policy Because the volume of human genomic and phenotypic data maintained in these repositories is substantial and, in some instances, potentially sensitive (e.g., data related to the presence or risk of developing particular diseases or conditions and information regarding family relationships or ancestry), data must be shared in a manner consistent with the research participants’ informed consent, and the confidentiality of the data and the privacy of participants must be protected. Access to human genomic data will be provided to research investigators who, along with their institutions, have certified their agreement with the expectations and terms of access detailed below. NIH expects that, through Data Access Request (DAR) process, approved users of controlled-access datasets recognize any restrictions on data use established by the Submitting Institutions through the Institutional Certification, and as stated on the dbGaP study page. Definitions of the underlined terminology in this document are found in section 13. The parties to this Agreement include: the Principal Investigator (PI) requesting access to the genomic study dataset (an “Approved User”), the PI’s home institution (the “Requester”) as represented by the Institutional Signing Official designated through the eRA Commons system, and the NIH. The effective date of this Agreement shall be the DAR Approval Date, as specified in the notification of approval of the Data Access Committee (DAC).

  • No Defense to Insurance Coverage No action has been taken or failed to be taken, no event has occurred and no state of facts exists or has existed on or prior to the Purchase Date (whether or not known to Seller on or prior to such date) which has resulted or will result in an exclusion from, denial of, or defense to coverage under any private mortgage insurance (including, without limitation, any exclusions, denials or defenses which would limit or reduce the availability of the timely payment of the full amount of the loss otherwise due thereunder to the insured) whether arising out of actions, representations, errors, omissions, negligence, or fraud of Seller, the related Mortgagor or any party involved in the application for such coverage, including the appraisal, plans and specifications and other exhibits or documents submitted therewith to the insurer under such insurance policy, or for any other reason under such coverage, but not including the failure of such insurer to pay by reason of such insurer’s breach of such insurance policy or such insurer’s financial inability to pay.

  • D&O Policy The Company shall, from time to time, make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors and officers of the Company with coverage for losses from wrongful acts, or to ensure the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all policies of director and officer liability insurance, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s directors, if Indemnitee is a director; or of the Company’s officers, if Indemnitee is not a director of the Company but is an officer; or of the Company’s key employees, if Indemnitee is not an officer or director but is a key employee. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or subsidiary of the Company.

  • Insurance Coverages The Contractor shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City:

  • Employment Policies The employment relationship between the parties shall also be governed by the general employment policies and practices of the Company, including those relating to protection of confidential information and assignment of inventions, except that when the terms of this Agreement differ from or are in conflict with the Company’s general employment policies or practices, this Agreement shall control.

  • Disability Insurance The Company shall maintain, at its cost, supplemental renewable long-term disability insurance as agreed to by the Company and the Executive.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

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