Insurances and indemnity Clause Samples

The "Insurances and Indemnity" clause requires parties to obtain and maintain specific insurance coverage and to compensate each other for certain losses or damages arising from the contract. Typically, this clause outlines the types and minimum amounts of insurance required, such as liability or property insurance, and details the circumstances under which one party must indemnify the other, for example, in cases of negligence or breach of contract. Its core function is to allocate risk between the parties, ensuring that financial responsibility for potential losses is clearly defined and that adequate protection is in place.
Insurances and indemnity a) EVIDENCE OF INSURANCE If required by Fantech, the Supplier must: a) maintain adequate insurance policies including, and without limitation, public liability, professional indemnity, transportation/freight liability and product damage insurance; b) Provide Fantech, a copy of each policy and/or certificates of currency establishing that the insurances required by the Contract have been taken out; c) Provide Fantech a certificate of currency of each policy once every year or at any other time Fantech reasonably requires. If, after being requested in writing by Fantech to do so, the Supplier fails to produce evidence of compliance with insurance obligations which is to the satisfaction and approval of Fantech, Fantech may withhold any amounts owing to the Supplier under a Contract until satisfactory evidence of compliance is produced, or elect to terminate this Contract.
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Insurances and indemnity. 4.1 The Contractor/Doctor agrees and warrants that the Contractor/Doctor holds and will maintain during the Term of the Assignment or any extension thereof, professional indemnity insurance which covers liability arising from any act, error, omission or breach of any duty owed in a professional capacity whether owed in contract, in law or otherwise, in relation to the performance of the Services under this Agreement, for an amount of not less than $10,000,000 in respect of any one claim and $20,000,000 in the aggregate. 4.2 The professional indemnity insurance referred to in clause 4.1 must: 4.2.1 Be taken out or held with an insurer approved by the Australian Prudential Regulatory Authority (‘APRA’). 4.2.2 Contain no terms, conditions, endorsements or exclusions removing or reducing ZEEP Medical’s and/or the Hospital’s right to seek indemnification from the Contractor and/or the Doctor or the insurer for any claim (including for costs) by ZEEP Medical and/or the Hospital; and 4.2.3 Be maintained and renewed for the duration of the Term. Including any extension or grant of new terms and remain in force or renewed under “run-off” conditions for a period of not less than 3 years after the Services are provided. 4.3 Evidence of the currency of all professional indemnity insurance policy or policies must be provided to ZEEP Medical within 3 business days of any written or verbal request made by ZEEP Medical. A broker’s certificate will not be accepted or sufficient for the purposes of this clause. 4.4 The Contractor will hold and maintain workers’ compensation insurance in relation to the Doctor. The Contractor and Doctor acknowledge that ZEEP Medical takes no responsibility and the Contractor and Doctor agree to forever and unconditionally indemnify ZEEP Medical for any claims made in relation to the Doctor arising from or in connection with the Assignment or any services provided during the Term, or any extension thereof, whether or not ZEEP Medical is deemed to be responsible or have contributed to any injury, death, damage, loss, occurrence or event. 4.5 The Contractor must notify ZEEP Medical immediately of any event that is likely to give rise to a claim under any insurance policy or arrangement held or maintained by the Contractor and/or the Doctor, ZEEP Medical or the Hospital in connection with the Services.
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Insurances and indemnity. 4.1 You agree and warrant that you hold and will maintain during the Term of the Assignment or any extension thereof, professionalindemnityinsurancewhichcoversliabilityarising fromanyact,error, omissionorbreachof anydutyowed ina professional capacity whether owed in contract, in law or otherwise, in relation to the performance of the Services under this Agreement, for an amount of not less than $10,000,000 in respect of any one claim and $20,000,000 in the aggregate. 4.2 Theprofessionalindemnityinsurancereferred to inclause 4.1 must: 4.2.1 Be taken out or held with an insurer approved by the Australian Prudential Regulatory Authority (‘APRA’); 4.2.2 Contain no terms, conditions, endorsements or exclusions removing or reducing ZEEP Medical’s and/or the Hospital’sright to seek indemnification from you or the insurer for any claim (including for costs)byZEEPMedicaland/ortheHospital;and 4.2.3 Be maintained and renewed for the duration of the Term. Including any extension or grant of new terms and remain in force or renewed under “run-off” conditions for a period of not less than 3 yearsafter the Services are provided. 4.3 Evidence of the currency of your professional indemnity insurance policyor policies must be provided to ZEEP Medical within 3 business days of any written or verbal request made by ZEEP Medical. A broker’s certificate willnotbe accepted or sufficient for the purposes of this clause. 4.4 You must notify ZEEP Medical immediately of any event that is likely to give rise to a claim under any insurance policy or arrangement held or maintained by you, ZEEP Medical or the Hospital in connection with the Services.
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Insurances and indemnity a) EVIDENCE OF INSURANCE If required by Burra Sheetmetal, the Supplier must: a) maintain adequate insurance policies including , and without limitation to, public liability, worker’s compensation (including common law liability), professional indemnity, transportation/freight liability and product damage insurance; b) Provide Burra Sheetmetal, a copy of each policy and/or certificates of currency establishing that the covers required by the Contract have been taken out; c) Provide Burra Sheetmetal a certificate of currency of each policy once every year or at any other time Burra Sheetmetal reasonably requires. If, after being requested in writing by Burra Sheetmetal to do so, the Supplier fails to produce evidence of compliance with insurance obligations which is to the satisfaction and approval of Burra Sheetmetal, Burra Sheetmetal shall not be required to make payment under this Contract, and Burra Sheetmetal may elect to terminate this Contract.
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Insurances and indemnity. 62 INSURANCE
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Insurances and indemnity. 4.1 You agree and warrant that you hold and will maintain during the Term of the Assignment or any extension thereof, professional indemnity insurance which covers liability arising from any act, error, omission or breach of any duty owed in a professional capacity whether owed in contract, in law or otherwise, in relation to the performance of the Services under this Agreement, for an amount of not less than $10,000,000 in respect of any one claim and $20,000,000 in the aggregate. 4.2 The professional indemnity insurance referred to in clause 4.1 must: 4.2.1 Be taken out or held with an insurer approved by the Australian Prudential Regulatory Authority (‘APRA’); 4.2.2 Contain no terms, conditions, endorsements or exclusions removing or reducing ZEEP Medical’s and/or the Hospital’s right to seek indemnification from you or the insurer for any claim (including for costs) by ZEEP Medical and/or the Hospital; and 4.2.3 Be maintained and renewed for the duration of the Term. Including any extension or grant of new terms and remain in force or renewed under “run-off” conditions for a period of not less than 3 years after the Services are provided. 4.3 Evidence of the currency of your professional indemnity insurance policy or policies must be provided to ZEEP Medical within 3 business days of any written or verbal request made by ZEEP Medical. A broker’s certificate will not be accepted or sufficient for the purposes of this clause. 4.4 You must notify ZEEP Medical immediately of any event that is likely to give rise to a claim under any insurance policy or arrangement held or maintained by you, ZEEP Medical or the Hospital in connection with the Services.
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Insurances and indemnity. 9.1 The Developer shall at all times during the currency of this Agreement to take out and keep to the satisfaction of the Council the following insurances in relation to work to be carried out under the Schedule: (a) contract works insurance, noting the Council as an interested party, for the full replacement value of the Works (including the cost of demolition and removal of debris, consultants’ fees and authorities’ fees) as specified in paragraph 26.1(d) of the Schedule; (b) public liability insurance for twenty million dollars ($20m) for a single occurrence to cover the Council, the Developer and any subcontractor of the Developer for liability to any third party; (c) workers compensation insurance as required by law; and (d) any other insurance required by law. 9.2 The Developer indemnifies the Council from and against all claims that may be made, sustained, suffered, recovered or made against the Council arising in connection with the carrying out of the Works under the Schedule except if, and to the extent that, the claim arises because of Council’s negligence or default.
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Insurances and indemnity 
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Related to Insurances and indemnity

  • Insurance and Indemnity (a) The Hirer shall be liable for: (i) the cost of repair of any damage (including accidental and malicious damage) done to any part of the premises including the curtilage thereof or the contents of the premises (ii) the cost of any special cleaning after an event to return the hall to its normal condition§ deemed appropriate by the WVHRGT (iii) all claims, losses, damages and costs made against or incurred by the WVHRGT, their employees, volunteers, agents or invitees in respect of damage or loss of property or injury to persons arising as a result of the use of the premises (including the storage of equipment) by the Hirer, and (iv) all claims, losses, damages and costs made against or incurred by WVHRGT, their employees, volunteers, agents or invitees as a result of any nuisance caused to a third party as a result of the use of the premises by the Hirer, and subject to sub-clause (b), the Hirer shall indemnify and keep indemnified accordingly each member of the WVHRGT and their employees, volunteers, agents and invitees against such liabilities. (b) WVHRGT has taken out adequate insurance to insure the liabilities described in sub- clauses (a)(i) above and may, in its discretion and in the case of non commercial hirers, insure the liabilities described in sub-clauses (a) (ii) and (iii) above. WVHRGT shall claim on its insurance for any liability of the Hirer hereunder but the Hirer shall indemnify and keep indemnified each member of the WVHRGT and its employees, volunteers, agents and invitees against (a) any insurance excess incurred and (b) the difference between the amount of the liability and the monies received under the insurance policy. (c) Where the WVHRGT does not insure the liabilities described in sub-clauses (a)(ii) and (iii) above, the Hirer shall take out adequate insurance to insure such liability and on demand shall produce the policy and current receipt or other evidence of cover to the WVHRGT. Failure to produce such policy and evidence of cover will render the hiring void and enable the hall secretary to rehire the premises to another Hirer. WVHRGT is insured against any claims arising out of its own negligence.

  • Insurance and Indemnities 15.1 The Service Provider shall maintain the following insurance for the duration of the contract: 15.2 The Service Provider shall hold and maintain the Required Insurances for a minimum of six (6) years following the expiration or earlier termination of the agreement.

  • Insurance Indemnity (a) For six years from the Effective Time, the Surviving Corporation shall maintain in effect the Company's and its Subsidiaries' current directors' and officers' liability insurance policies (the "Policies") covering those persons -------- who are currently covered by the Policies with respect to actions or omissions occurring prior to the Effective Time; provided, however, that in no event shall -------- ------- the Surviving Corporation be required to expend in any one year an amount in excess of 150% of the annual premiums currently paid by the Company and its Subsidiaries for such insurance coverage, and, provided further, that if the -------- ------- annual premiums of such insurance coverage exceed such amount, the Surviving Corporation shall be obligated to obtain policies with the greatest coverage available for a cost not exceeding such amount. (b) The Surviving Corporation shall keep in effect in its bylaws provisions for a period of not less than six years from the Effective Time (or, in the case of matters occurring prior to the Effective Time that have not been resolved prior to the sixth anniversary of the Effective Time, until such matters are finally resolved) that provide for exculpation of director and officer liability and indemnification (and advancement of expenses related thereto) of the past and present officers and directors of the Company and its Subsidiaries to the fullest extent permitted by the DGCL, which provisions shall not be amended except as required by applicable law or except to make changes permitted by law that would enhance the rights of past or present officers and directors to indemnification or advancement of expenses, and shall observe the indemnification agreements existing in favor of past and present officers and directors of the Company and its Subsidiaries, each of which are listed in the Disclosure Letter and copies of which have been previously provided to Purchaser. (c) Subject to Section 8.6(f), from and after the Effective Time, the -------------- Surviving Corporation shall indemnify and hold harmless, to the fullest extent permitted under applicable law, each person who is, or has been at any time prior to the date hereof or who becomes prior to the Effective Time, an officer, director or similar person of the Company or any Subsidiary, against all losses, claims, damages, liabilities, costs or expenses (including attorneys' fees), judgments, fines, penalties and amounts paid in settlement (collectively, "Losses") in connection with any claims, actions, suits, proceedings, ------ arbitrations, investigations or audits (collectively, "Litigation") arising ---------- before or after the Effective Time out of or pertaining to acts or omissions, or alleged acts or omissions, by them in their capacities as such, which acts or omissions occurred prior to the Effective Time. Without limiting the foregoing, the Surviving Corporation shall periodically advance expenses as incurred with respect to the foregoing to the fullest extent permitted under applicable law provided that the person to whom the expenses are advanced provides an undertaking to repay such advance if it is ultimately determined that such person is not entitled to indemnification. (d) The provisions of this Section 8.6 are intended for the benefit of and ----------- shall be enforceable by each person who is now or has been at any time prior to the date of this Agreement, or who becomes prior to the Effective Time, an officer, director or similar person of the Company or any of its Subsidiaries. (e) If any Litigation described in Section 8.6(c) (each, an "Action") -------------- ------ arises or occurs, the Surviving Corporation shall control the defense of such Action with counsel selected by the Surviving Corporation, provided, that the -------- party seeking indemnification pursuant to Section 8.6(c) (each, an "Indemnified -------------- ----------- Party") shall be permitted to participate in the defense of such Action through ----- counsel selected by the Indemnified Party, at the Indemnified Party's expense. Notwithstanding the foregoing, if there is any actual or potential conflict between the Surviving Corporation and any Indemnified Party or there are additional defenses available to any Indemnified Party, such Indemnified Party shall be permitted to participate in the defense of such Action with counsel selected by the Indemnified Party, at the Surviving Corporation's expense; provided, however, that the Surviving Corporation shall not be obligated to pay -------- ------- the fees and expenses of more than one counsel for any Indemnified Party in any single Action. The Surviving Corporation shall not be liable for any settlement effected without its written consent, which consent shall not unreasonably be withheld. (f) Purchaser shall have no obligations under Section 8.6(c), unless and -------------- until the Surviving Corporation is unable to satisfy its indemnification obligations under this Section 8.6. -----------

  • Waiver and Indemnity Notwithstanding anything apparently to the contrary in this Lease, Landlord and Tenant hereby release one another and their respective partners, officers and employees from any and all liability (to the other or anyone claiming through or under them by way of subrogation or otherwise) for any loss or damage covered by property insurance or coverable by a customary form of policy of the insurance required by Paragraph 20, even if such loss or damage shall have been caused by the fault or negligence of the other party, or anyone for whom such party may be responsible. Mechanic's liens. The Tenant agrees to promptly pay all sums of money in respect of labor, services, materials, supplies, or equipment furnished or alleged to have been furnished to the Tenant in or about the Premises, and the Tenant shall not permit any mechanic's, material man's, or other lien to arise or be filed against the Premises or the Landlord's interest therein. The Tenant shall save, hold harmless, and defend the Land lord from liability or other damage that the Land lord may incur as a result of such liens in the event the same arise or are filed in contravention of the immediately preceding sentence. If any such mechanic's lien shall at any time be filed, the Tenant shall forthwith cause the same to be discharged of record by payment, bond, order of a court of competent jurisdiction or otherwise, provided the Tenant first posts a bond in favor of the Landlord in a form and substance acceptable to the Landlord, which shall be conditioned on the successful contest by the Tenant of any such lien. The Tenant shall have the right to contest in good faith, any and all such liens. If the Tenant shall fail to cause such lien to be discharged within thirty (30) days after being notified of the filing thereof and before judgment or sale thereunder, then, in addition to any other right or remedy the Landlord may, but shall not be obligated to, discharge the same by paying the amount claimed to be due or by bonding or other proceeding deemed appropriate by the Landlord, and the amount so paid by the Landlord and/or all costs and expenses incurred by the Landlord in procuring the discharge of such lien, including reasonable attorneys' fees, shall be deemed to be additional rent for the Premises and shall be due and payable by the Tenant to the Landlord on demand. Nothing contained in this Lease shall be construed as a consent on the part of the Landlord to subject the Landlord's estate in the Premises or any portion of the Premises to any lien or liability under the lien laws of the state of Minnesota. The Landlord shall have the right to post and maintain on the Premises notices of non-responsibility under the laws of Minnesota.

  • Liability and Indemnity a. In no event shall the City be liable to the Contractor for special, indirect, or consequential damages, except those caused by the City’s gross negligence or willful or wanton misconduct arising out of or in any way connected with a breach of this contract. The maximum liability of the City shall be limited to the amount of money to be paid or received by the City under this contract. b. The Contractor shall defend, indemnify and save harmless the City, its elected or appointed officials, agents and employees from and against any and all liability, suits, damages, costs (including attorney fees), losses, outlays and expenses from claims in any manner caused by, or allegedly caused by, or arising out of, or connected with, this contract, or the work or any subcontract thereunder (the Contractor hereby assuming full responsibility for relations with subcontractors), including, but not limited to, claims for personal injuries, death, property damage, or for damages from the award of this contract to Contractor, notwithstanding any possible negligence, whether sole or concurrent, on the part of the City, its officials, agents and employees. c. The Contractor shall indemnify and hold the City harmless from all wages or overtime compensation due any employees in rendering services pursuant to this agreement or any subcontract, including payment of reasonable attorneys’ fees and costs in the defense of any claim made under the Fair Labor Standards Act, the Missouri Prevailing Wage Law or any other federal or state law. d. The indemnification obligations of Contractor hereunder shall not be limited by any limitations as to the amount or type of damages, compensation or benefits payable by or for the Contractor, under any federal or state law, to any person asserting the claim against City, its elected or appointed officials, agents and employees, for which indemnification is sought. e. The indemnification obligations herein shall not negate, abridge or reduce in any way any additional indemnification rights of the City, its elected or appointed officials, agents and employees, which are otherwise available under statute, or in law or equity. f. Contractor affirms that it has had the opportunity to recover the costs of the liability insurance required in this agreement in its contract price. Contractor’s obligation under this agreement to defend, indemnify, and hold harmless any person from that person’s own negligence or wrongdoing is limited to the coverage and limits of the applicable insurance required of the Contractor under this agreement. g. The Contractor shall indemnify and hold the City harmless for any penalties, fines, fees or costs, including costs of defense, which are charged or assessed by any Federal, state or local agency including, but not limited to, Environmental Protection Agency or Department of Natural Resources.