Common use of Insurances required Clause in Contracts

Insurances required. During the Term, the Customer must effect and maintain with a reputable insurance company the following insurances which are required to note the interests of Terminal Operations Co on each policy: (a) public liability insurance to the amount of $200,000,000.00; (b) insurance for an amount not less than $100,000,000.00 in respect of: (i) damage to real property and personal property; and (ii) injury to or death of any person.

Insurances required. During the Term, the Customer must effect and maintain with a reputable insurance company the following insurances which are required to note the interests of Terminal Operations Co on each policy: (a) public liability insurance to the amount of $200,000,000.0020,000,000.00; (b) insurance for an amount not less than $100,000,000.00 20,000,000.00 in respect of: (i) damage to real property and personal property; and (ii) injury to or death of any person.