INSURANCE AND COVERAGE Sample Clauses

The INSURANCE AND COVERAGE clause requires one or both parties to maintain specific types and amounts of insurance throughout the duration of the agreement. Typically, this clause outlines the minimum coverage limits, the kinds of insurance required (such as general liability, professional liability, or workers’ compensation), and may require proof of insurance or the naming of the other party as an additional insured. Its core function is to allocate risk and ensure that adequate financial protection is in place in case of accidents, damages, or other unforeseen events during the contractual relationship.
INSURANCE AND COVERAGE. Compulsory and third party liability insurance. Rental rates include Coverage of the Compulsory Automobile Insurance and Liability for damages against third parties arising from the use and circulation of the vehicle. These coverages are guaranteed and are assumed by the insurance company with which Way2azores Unipessoal, Lda., has contracted the corresponding insurance policy and are subject to its general and particular clauses and applicable law. By signing the rental agreement, the Customer is insured under the policy, the conditions of which are available to him at the various rental stations. The amount of the deposit varies depending on the category of rented vehicle, establishing the following amounts: Amount that will be blocked on credit card: A/B/B0/B1/C/D/D1: 1500 € C2/C4/C5: 1500 € CD1/E/E1/E2/E3/E4/E6/F1: 1650 € F/F1:1650 € I1/I2/I3/N: 1600 € F3:1950€ G/G1: 1750 € S/S2: 1850 € E5/G2/G6/H/H1/H10/X: 2050€ T/T1: 1500 € J: 2550€ This is the amount that the customer has to take responsibility in case of any incidence, unless the damages in the vehicle are higher than the amount indicated, the customer will have to pay the remaining amount until the total value prevails. There is the possibility of reducing the value of these collateral and maximum liability to zero with the hiring of extra special coverage. Those clients who do not wish to hire such coverage are required to leave a deposit for the amount of said deposit.
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INSURANCE AND COVERAGE. Compulsory and third party liability insurance. Rental rates include Coverage of the Compulsory Automobile Insurance and Liability for damages against third parties arising from the use and circulation of the vehicle. These coverages are guaranteed and are assumed by the insurance company with which Way2azores, Unipessoal Lda has contracted the corresponding insurance policy and are subject to its general and particular clauses and applicable law. By signing the rental agreement, the Customer is insured under the policy, the conditions of which are available to him at the various rental stations. The amount of the deposit varies depending on the category of rented vehicle, establishing the following amounts: Amount that will be blocked on credit card: A/B/B0/B1/C/D/D1: 1200 € E/E1/F/F1/I/I1/I2: 1550 € F3/G/G1: 1750 € G2/H/H10/X: 2050€ J: 2550€ This is the amount that the customer has to take responsibility in case of any incidence, unless the damages in the vehicle are higher than the amount indicated, the customer will have to pay the remaining amount until the total value prevails. There is the possibility of reducing the value of these collateral and maximum liability to zero with the hiring of extra special coverage. Those clients who do not wish to hire such coverage are required to leave a deposit for the amount of said deposit.
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INSURANCE AND COVERAGE. DGI shall maintain adequate insurance coverage on the cost of the goods sold to the Buyer while in the possession of Design Gaps, Inc. including transit to the jobsite. The Buyer or Contractor is responsible for any and all coverage after delivery to Jobsite or assigned storage by Buyer. Design Gaps, Inc. and their installers shall also maintain proper ▇▇▇▇▇▇▇'▇' Compensation and General Liability during the Installation phase if Installation is provided herein.
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INSURANCE AND COVERAGE. Compulsory insurance and third party liability insurance. The rental rates include the coverage of the Automobile Insurance Obligatory and Civil Liability for damages and losses against third parties derived from the use and circulation of the vehicle. These coverages are guaranteed and are assumed by the insurance company with which AGUIATUR has contracted the corresponding insurance policy and are subject to the general and particular clauses of the same and the law in force. By signing the rental agreement, the Client subscribes as insured to the aforementioned policy, whose conditions are at his disposal in the different rental stations. The amount of the security varies according to the category of the rented vehicle, establishing the following amounts: Amount that will be blocked on the credit card: A/B/B0/B1/C/D/D1: 1200 € E/E1/F/F1/I/I1/I2: 1550 € F3/G/G1: 1750 € G2/H/H10/X: 2050€ J: 2550€ This is the amount that the customer has to take responsibility in case of any incidence, unless the damages in the vehicle are higher than the amount indicated, the customer will have to pay the remaining amount until the total value prevails. There is the possibility of reducing the value of these collateral and maximum liability to zero with the hiring of extra special coverage. Those clients who do not wish to hire such coverage are required to leave a deposit for the amount of said deposit.
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INSURANCE AND COVERAGE. At all times during the term of this agreement, MSU Denver will maintain in force and effect policies requiring each and every registered student and employee to be covered by a policy of health insurance. In addition, MSU Denver will make demonstrated compliance with this health insurance requirement a prerequisite for each Student and Employee’s participation in the Program.
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INSURANCE AND COVERAGE. 1. The CLIENT or the authorized driver of the vehicle according to the established in Article 1 of this Agreement, participates as an insured of an insurance policy of automobiles that covers the Civil Responsibility, in accordance with the laws in force in the Country. 2. The CLIENT agrees to protect the interests of the RENTER and the RENTAL Insurance Company in the event of an accident during the rental period as follows: a) Any accident, robbery, robbery, fire, even partial, is committed to the RENTER within a maximum of 24 hours; at the same time, oblige the police to take part in any accident involving damage, robbery or theft, and where the culpability of the other party has to be clarified; b) The circumstances in which the accident occurred, the date, time, place, name and address of the witnesses, the name and address of the owner and driver of the third vehicle involved, and the registration, trademark, Company insurance number and policy number of such third party vehicle; c) Undertakes not to declare, in any case, responsible or guilty of the accident with the third party. 3. In the rental agreement, the CLIENT may opt for the complementary coverages L.D.W. - damage to the vehicle and total or partial theft of the vehicle, SPCDW - damage to the vehicle and total or partial theft of the vehicle (exemption from deductible), SPTHW (SPCDW + P.A. I.) damage to the vehicle and total or partial theft of the vehicle and personal accident insurance whose limit is included in the Insurance Policy contracted by the RENTER and which also provides the coverage of medical care and hospital expenses within certain approved limits: a) LDW coverage: the Customer, when subscribing to this guarantee, will only be liable for payment up to the amount of the minimum deductible in the Contract, if, as a result of its use, the vehicle suffers its own damage or is stolen in whole or in of its components. b) The guarantees provided by the complementary coverages L.D.W., SPCDW and SPTHW contained in this Article may be null and void if the CLIENT and / or the driver do not comply with the provisions of paragraph 4 of this Article; c) Only with the contracting of the LDW coverage, the CLIENT may subscribe to the SPCDW or SPTHW coverage, which discharges it from the responsibility for the payment of any deductible in case of accident, theft of the vehicle or other damages caused to the rented vehicle, without prejudice to the application of the provisions 4 and 5 of this ...
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Related to INSURANCE AND COVERAGE

  • Liability Insurance and Funding For the duration of Indemnitee’s service as a director and/or officer of the Company and for a reasonable period of time thereafter, which such period shall be determined by the Company in its sole discretion, the Company shall use commercially reasonable efforts (taking into account the scope and amount of coverage available relative to the cost thereof) to cause to be maintained in effect policies of directors’ and officers’ liability insurance providing coverage for directors and/or officers of the Company, and, if applicable, that is substantially comparable in scope and amount to that provided by the Company’s current policies of directors’ and officers’ liability insurance. Upon reasonable request, the Company shall provide Indemnitee or his or her counsel with a copy of all directors’ and officers’ liability insurance applications, binders, policies, declarations, endorsements and other related materials. In all policies of directors’ and officers’ liability insurance obtained by the Company, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits, subject to the same limitations, as are accorded to the Company’s directors and officers most favorably insured by such policy. Notwithstanding the foregoing, (i) the Company may, but shall not be required to, create a trust fund, grant a security interest or use other means, including, without limitation, a letter of credit, to ensure the payment of such amounts as may be necessary to satisfy its obligations to indemnify and advance expenses pursuant to this Agreement and (ii) in renewing or seeking to renew any insurance hereunder, the Company will not be required to expend more than 2.0 times the premium amount of the immediately preceding policy period (equitably adjusted if necessary to reflect differences in policy periods).

  • Scope and Coverage 1. This Chapter applies to measures adopted or maintained by a Party affecting trade in services by service suppliers of the other Party. Such measures include measures affecting: (i) the purchase or use of, or payment for, a service; (ii) the access to and use of, in connection with the supply of a service, services which are required by the Parties to be offered to the public generally; or (iii) the presence, including commercial presence, of persons of a Party for the supply of a service in the territory of the other Party. 2. For purposes of this Chapter, measures adopted or maintained by a Party means measures adopted or maintained by: (i) central, regional or local governments and authorities; and (ii) non-governmental bodies in the exercise of powers delegated by central, regional or local governments or authorities. 3. This Chapter does not apply to: (a) government procurement; (b) air services (4) , including domestic and international air transportation services, whether scheduled or non-scheduled, and related services in support of air services, other than: (i) aircraft repair and maintenance services; (ii) the selling and marketing of air transport services; and (iii) computer reservation system (CRS) services; and (c) subsidies or grants provided by a Party, including government-supported loans, guarantees, and insurance. 4. This Chapter does not impose any obligation on a Party with respect to a natural person of the other Party seeking access to its employment market, or employed on a permanent basis in its territory, and does not confer any right on that natural person with respect to that access or employment. 5. This Chapter does not apply to services supplied in the exercise of governmental authority in a Party's territory. A service supplied in the exercise of governmental authority means any service which is supplied neither on a commercial basis, nor in competition with one or more service suppliers. 6. Nothing in this Chapter shall prevent a Party from applying measures to regulate the entry of natural persons of the other Party into, or their temporary stay in, its territory, including those measures necessary to protect the integrity of, and to ensure the orderly movement of natural persons across its borders, provided that such measures are not applied in such a manner as to nullify or impair the benefits accruing to the other Party under the terms of this Chapter.

  • Indemnity Insurance a. The Service Provider agrees to indemnify and save harmless the City, its officers, agents and employees against and from any and all actions, suits, claims, demands or liability of any character whatsoever brought or asserted for injuries to or death of any person or persons, or damages to property arising out of, result from or occurring in connection with the performance of any service hereunder. b. The Service Provider shall take all necessary precautions in performing the work hereunder to prevent injury to persons and property. c. Without limiting any of the Service Provider's obligations hereunder, the Service Provider shall provide and maintain insurance coverage naming the City as an additional insured under this Agreement of the type and with the limits specified within Exhibit C, consisting of one (1) page, attached hereto and incorporated herein by this reference. The Service Provider before commencing services hereunder, shall deliver to the City's Purchasing Director, P. O. ▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, Colorado 80522, one copy of a certificate evidencing the insurance coverage required from an insurance company acceptable to the City.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • No Defense to Insurance Coverage No action has been taken or failed to be taken, no event has occurred and no state of facts exists or has existed on or prior to the Purchase Date (whether or not known to Seller on or prior to such date) which has resulted or will result in an exclusion from, denial of, or defense to coverage under any private mortgage insurance (including, without limitation, any exclusions, denials or defenses which would limit or reduce the availability of the timely payment of the full amount of the loss otherwise due thereunder to the insured) whether arising out of actions, representations, errors, omissions, negligence, or fraud of Seller, the related Mortgagor or any party involved in the application for such coverage, including the appraisal, plans and specifications and other exhibits or documents submitted therewith to the insurer under such insurance policy, or for any other reason under such coverage, but not including the failure of such insurer to pay by reason of such insurer’s breach of such insurance policy or such insurer’s financial inability to pay.