Common use of Coverage Required Clause in Contracts

Coverage Required. The insurance coverage required by this Agreement shall include the coverage specified above with policy limits of not less than $1,000,000 Combined Single Limit general liability and $500,000 Combined Single Limit automobile liability per occurrence. a. The comprehensive general liability insurance coverage shall include completed operations insurance coverage and liability insurance applicable to the Developer’s obligations under this Agreement. b. Each insurance policy shall contain a provision stating that the insurer will give the Town thirty (30) days prior written notice of its intent to cancel or materially change the policy. All such insurance shall remain in effect until the BOMA approves acceptance and releases of Security of the completed Project. c. In addition, the Developer shall maintain completed operations insurance for at least one (1) year after the BOMA approves acceptance and release of the applicable Security. d. The Developer shall furnish the Town with evidence of the continuation of all such insurance at the time of issuance of the notice of acceptance and release of Security.

Coverage Required. The insurance coverage required by this Agreement shall include the coverage specified above with policy limits of not less than $1,000,000 Combined Single Limit general liability and $500,000 Combined Single Limit automobile liability per occurrence. a. The comprehensive general liability insurance coverage shall include completed operations insurance coverage and liability insurance applicable to the Developer’s obligations under this Agreement. b. Each insurance policy shall contain a provision stating that the insurer will give the Town thirty (30) days prior written notice of its intent to cancel or materially change the policy. All such insurance shall remain in effect until the BOMA BMA approves acceptance Final Acceptance and releases release of Security of the completed Project. c. In addition, the Developer shall maintain completed operations insurance for at least one (1) year after the BOMA BMA approves acceptance the Final Acceptance and release of the applicable Security. d. The Developer shall furnish the Town with evidence of the continuation of all such insurance at the time of issuance of the notice of acceptance Final Acceptance and release of Security.

Coverage Required. The insurance coverage required by this Agreement shall include the coverage specified above with policy limits of not less than $1,000,000 Combined Single Limit general liability and $500,000 Combined Single Limit automobile liability per occurrence. a. The comprehensive general liability insurance coverage shall include completed operations insurance coverage and liability insurance applicable to the Developer’s obligations under this Agreement. b. Each insurance policy shall contain a provision stating that the insurer will give the Town thirty (30) days prior written notice of its intent to cancel or materially change the policy. All such insurance shall remain in effect until the BOMA approves acceptance and releases of Security of the completed Project. c. In addition, the Developer shall maintain completed operations insurance for at least one one (1) year after the BOMA approves acceptance and release of the applicable Security. d. The Developer shall furnish the Town with evidence of the continuation of all such insurance at the time of issuance of the notice of acceptance and release of Security.