Policies Required. At all times during the term of this Agreement, Licensee shall keep in force and effect all insurance policies as described below:
Policies Required. At its expense, Lessee shall secure and maintain with financially reputable insurers, one or more policies of insurance insuring the Leased Equipment and Lessee's utilization of the ITFS Channels against casualty and other losses of the kinds customarily insured against by firms of established reputations engaged in the same or similar line of business, or such types and in such amounts as are customarily carried under similar circumstances by such firms, including, without limitation: (i) "All Risk" property insurance covering the ITFS Equipment and the common Equipment to the extent of one hundred percent (100%) of its full replacement value without deduction for depreciation: (ii) comprehensive general public liability insurance covering liability resulting from lessee's operation of the ITFS equipment on an occurrence basis having minimum limits of liability in an amount of not less than One Million Dollars ($1,000,000.00) for bodily injury, personal injury or death to any person or persons in any one occurrence, and not less than Two Million Dollars ($2,000,000.00) in the aggregate for all such losses during each policy year, and not less than Three Hundred Thousand Dollars ($300,000.00) with respect to damage to property; (ii) all workers compensation, automobile liability and similar insurance required by law.
Policies Required. Prior to the commencement of any work, and at all times during the term of this Agreement, Licensee shall obtain and maintain continuously, at its own expense a policy, or policies of insurance with insurance companies rated A- VII or better by A.M. Best, as enumerated below. Any significant deductible, self-insured retention or coverage via captive must be disclosed and is subject to approval by District’s Risk Manager. The cost of any claim payments falling within the deductible or self-insured retention shall be the responsibility of the Licensee and not recoverable under any part of this Agreement.
Policies Required. Lessee shall, at its own cost, maintain with sound and financially reputable insurers, insurance with respect to the Modified Station and Lessee's utilization of the Modified Station against casualty and other losses of the kinds customarily insured against by firms of established reputations engaged in the same or a similar line of business, of such types and in such amounts as are customarily carried under similar circumstances by such firms, including, without limitation:
Policies Required. At all times during the term of this Agreement, Licensee shall keep in force and effect all insurance policies as described below and shall name Electric Utility as an additional insured on all such policies, except workers compensation:
Policies Required. At all times during the term of this Agreement, Attaching Utility shall keep in force and affect all insurance policies as described below:
Policies Required. 1. Each Loan Party shall, at its own expense, keep each Collateral Vessel insured with insurers and protection and indemnity clubs or associations of internationally recognized responsibility, and placed in such markets, on such terms and conditions, and through brokers, in each case reasonably satisfactory to the Collateral Agent (it being understood that Xxxxx and Xxxxxx are satisfactory) and under forms of policies approved by the Collateral Agent against the risks indicated below:
Policies Required. At all times during the term of this Agreement, Licensee shall keep in force and effect all insurance policies as described below: The form, content and limits of such insurance, together with the insurer thereof in each case, shall be acceptable to the Owner (Best rating of A or better). Notwithstanding the provisions of this paragraph and regardless of the Owner's acceptance of the Contractor's insurance, it shall be the responsibility of the Contractor to maintain adequate coverage at all times. Failure of the Contractor to maintain adequate coverage shall not relieve him of any contractual responsibility or obligation.
Policies Required. The Operator will at its expense, maintain the following insurance during the term of this Agreement:
Policies Required. While any obligation of Borrower or any Guarantor under any Loan Document remains outstanding, Borrower shall maintain at Borrower’s sole expense, with insurers reasonably approved by Lender, the policies of insurance, in form and substance reasonably satisfactory to Lender, identified in Exhibit L attached hereto and all other insurance reasonably required by Lender from time to time for commercial loans made for residential rental properties. All insurance shall meet all of the requirements set forth in Exhibit L and shall provide that it may not be cancelled or materially modified without thirty
