Minimum Requirements of Manager’s Insurance Sample Clauses

Minimum Requirements of Manager’s Insurance. Manager, at its own expense, shall purchase and continuously maintain in effect during the Term an insurance policies with such limits as are customarily maintained by facilities of like-kind in North Carolina, provided that such insurance policy shall contain, at a minimum, the following coverage:
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Minimum Requirements of Manager’s Insurance. Manager, at its 791 own expense, shall purchase and continuously maintain in effect during the Term an insurance 792 policy with such limits as are customarily maintained by facilities of like-kind in North Carolina, 793 provided that such insurance policy shall contain, at a minimum, the following coverage: 794 795 (a) 796 Commercial General Liability, covering 797  premises/operations; 798  products/completed operations; 000  xxxxx form property damage; 800  personal injury; 801  contractual liability; 802  independent contractors, if any are used in the performance of this contract; 803  City of Durham must be named additional insured, and an original of the endorsement to 804 effect the coverage must be attached to the certificate (if by blanket endorsement, then agent 805 may so indicate in the GL section of the certificate, in lieu of an original endorsement); 806 additional insured coverage shall be primary and non-contributing 807  combined single limit not less than $1,000,000 per occurrence; 808 809 Workers' Compensation Insurance, covering 810  statutory benefits; 811  covering employees required to be covered under the laws of the State of North Carolina; 812 813 Automobile Liability Insurance, covering 814  vehicles owned, hired, leased, rented or borrowed by Manager; 815  property damage, bodily injury or death and medical expenses from the use of Manager 816 owned, hired, leased, rented or borrowed vehicles; 817  combined single limit not less than $1,000,000 per claim applicable to this contract; 818  City of Durham must be named designated insured; 819 820 Insurance shall be provided by: 821  companies authorized to do business in the State of North Carolina 822  companies with Best rating of A- (VII) or better. 823 824 Insurance shall be evidenced by a certificate: 825  Manager will provide a new certificate each time a policy is renewed or replaced with a new 826 policy 827  certificates shall be addressed to: 828 City of Durham, North Carolina 829 Attention: Finance Director 830 000 Xxxx Xxxx Xxxxx 000 Xxxxxx, Xxxxx Xxxxxxxx 27701 832 833 Excess/Umbrella Policy 834  required limits of coverage amounts may be reached by a combination of primary and 835 excess/umbrella insurance policies 836 837 (b) City shall purchase and continuously maintain, at its own expense, insurance covering 838 the Premises in an amount that shall not be less than one hundred percent (100%) of the full 839 replacement cost, subject to customar...
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Minimum Requirements of Manager’s Insurance 
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Related to Minimum Requirements of Manager’s Insurance

  • General Requirements for Insurance Coverage and Policies A. All required insurance policies shall be maintained with companies that may lawfully issue the required policy and have an A.M. Best rating of at least A- / “VII” or a Standard and Poor’s rating of at least A, unless prior written approval is obtained from the City Law Department.

  • Minimum Insurance Requirements Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries or death to persons or damages to property which may arise from or in connection with the performance of the work hereunder and the results of that work by the Contractor, his agents, representatives, employees or sub-contractors. Coverage - Coverage shall be at least as broad as the following:

  • Contractors Pollution Liability Insurance (If Applicable $1,000,000 per occurrence and $2,000,000 aggregate or whatever amount is acceptable to the City for any exposure to “hazardous materials” as this term is defined in applicable law, including but not limited to waste, asbestos, fungi, bacterial or mold. Lower tier sub-subcontractors, Truckers, Suppliers: Evidence confirming lower tier subcontractors, truckers and suppliers are maintaining valid insurance prior to beginning work on the project to meet the requirements set forth herein on Subcontractor, including but not limited to all additional insured requirements of Subcontractor. ALL COVERAGES Coverage shall not be suspended, voided, canceled, or non-renewed by either CONTRACTOR or by the insurer, reduced in coverage or in limits except after thirty (30) days' prior written notice has been given to CITY except for ten (10) days’ notice for nonpayment of premium.

  • CONTRACTOR’S INSURANCE REQUIREMENTS The insurance requirements of this Contract are set forth in Appendix J and, if applicable, Appendix J.1.

  • Railroad Protective Liability Insurance with policy limits of not less than « » ($ « » ) per claim and « » ($ « » ) in the aggregate, for Work within fifty (50) feet of railroad property.

  • INSURANCE and INDEMNIFICATION REQUIREMENTS See Exhibit C, attached hereto, for insurance requirements for this Agreement. The COUNTY’S insurance requirements are a material provision to this Agreement.

  • Types of Insurance and Minimum Limits (1) Worker’s Compensation in the minimum statutorily required coverage amounts. This insurance coverage shall not be required if the CONTRACTOR has no employees and certifies to this fact by initialing here

  • OFFICE OF MANAGEMENT AND BUDGET (OMB) AUDIT REQUIREMENTS The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98-502, ensuring that the single audit report includes the coverage stipulated in 2 CFR 200.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

  • Insurance Requirement; Coverages Borrower must keep the improvements now existing or subsequently erected on the Property insured against loss by fire, hazards included within the term “extended coverage,” and any other hazards including, but not limited to, earthquakes, winds, and floods, for which Lender requires insurance. Borrower must maintain the types of insurance Lender requires in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan, and may exceed any minimum coverage required by Applicable Law. Borrower may choose the insurance carrier providing the insurance, subject to Xxxxxx’s right to disapprove Borrower’s choice, which right will not be exercised unreasonably.

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