Common use of Liability Coverage Clause in Contracts

Liability Coverage. The Association maintains liability insurance coverage for the General Common Elements and common areas of the Condominium. During the term of this Agreement Owner agrees to maintain liability insurance coverage against all losses or damages arising out of Owner’s ownership and use of the Unit. Any liability coverage maintained by the Association or by the Agent shall not relieve the Owner of its primary responsibility to maintain this insurance coverage. Owner agrees to indemnify and hold Agent harmless from all losses, expenses or damages of any nature whatsoever in connection with the management of the Unit and from liability for injury to any person or property on, about or in connection with the premises from any cause whatever, unless such costs, expenses, damages or liabilities be caused by Agent's own gross negligence or willful misconduct. Agent shall not be liable to the Owner or to any other person for any error in judgment or for doing or omitting to do any matter or thing pursuant to the terms of this Agreement, except in cases of willful misconduct or gross negligence. Agent agrees to indemnify and hold Owner harmless from all losses, expenses or damages of any nature whatsoever in connection with the management of the Unit caused by Agent's own or its agents’, employees’ or contractors’ gross negligence or willful misconduct.