Umbrella or Excess Policies. In the event Industry utilizes umbrella or excess policies, these policies shall “follow form” and afford not less coverage than the primary policy.
Umbrella or Excess Policies. The Borrower may use Umbrella or Excess Policies to provide the liability limits as required in this agreement. This form of insurance will be acceptable provided that all of the Primary and Umbrella or Excess Policies shall provide all of the insurance coverages herein required, including, but not limited to, primary and non-contributory, additional insured, Self-Insured Retentions (SIRs), indemnity, and defense requirements. The Umbrella or Excess policies shall be provided on a true “following form” or broader coverage basis, with coverage at least as broad as provided on the underlying Commercial General Liability insurance. No insurance policies maintained by the Additional Insureds, whether primary or excess, and which also apply to a loss covered hereunder, shall be called upon to contribute to a loss until the Borrower’s primary and excess liability policies are exhausted.
Umbrella or Excess Policies. In the event the Contractor utilizes Umbrella or excess policies, these policies shall “follow form” and afford no less coverage than the primary policy.
Umbrella or Excess Policies. In the event CONTRACTOR utilizes Umbrella or excess policies, these policies shall “follow form” and afford no less coverage than the primary policy.
