Common use of Automobile Coverage Clause in Contracts

Automobile Coverage. At all times during the Term, Automobile Liability Insurance covering all owned, hired, leased, rented and non-owned automobiles and automotive equipment, used by Owner Group (including Contractor Group) in connection with the execution of the FPSO Work and other Services, as may be required and to the levels required by statute or similar regulation in countries where such Services are to be performed.

Automobile Coverage. At all times during the Term, Automobile Liability Insurance covering all owned, hired, leased, rented and non-owned automobiles and automotive equipment, used by Owner Contractor Group (including Contractor Group) in connection with the execution of the FPSO Work and other Services, as may be required and to the levels required by statute or similar regulation in countries where such Services are to be performed.