Minimum Coverage Amounts Sample Clauses
The Minimum Coverage Amounts clause sets a baseline level of insurance or financial coverage that a party must maintain under the agreement. Typically, it specifies the types and minimum limits of insurance policies—such as general liability, professional liability, or property insurance—that must be in place throughout the contract term. By establishing these minimums, the clause ensures that adequate protection is available in the event of loss, damage, or liability, thereby reducing financial risk and providing assurance to all parties involved.
Minimum Coverage Amounts. All policies of insurance provided by the Contractor must comply with the requirements of this Exhibit, the Contract Documents and the laws of the State of Texas.
Minimum Coverage Amounts. Coverage under the irrevocable surety or performance bond or irrevocable letter of credit issued pursuant to Section 4.14 shall be in the following minimum amounts.
Minimum Coverage Amounts. Coverage under the irrevocable surety or performance bond or irrevocable letter of credit issued pursuant to Section 4.14 shall be in the following minimum amounts. Should a payment obligation under Section 4.1(d), 4.1(e) or 4.19 arise in the following year (with “Year 1” meaning the first year in which a The minimum coverage for such FILOT Payment is due hereunder): year is: 1 $12,079 2 $24,158 3 $36,237 4 $48,316 5 $60,396 6 $72,475 7 $84,554 8 $96,633 9 $96,633 10 $96,633 11 $96,633 12 $96,633 13 $96,633 14 $96,633 15 $96,633 16 $84,554 17 $72,475 18 $60,396 19 $48,316 20 $48,316 21 $48,316 22 $36,237 23 $24,158 24 $12,079 Reference is hereby made to (i) that certain Fee Agreement effective May 2, 2022 (“Fee Agreement”), between Darlington County, South Carolina (“County”) and Bell Solar, LLC (“Company”).
Minimum Coverage Amounts. Without limiting Company's liability to WFB or its affiliates under other sections of this Agreement, Company, at its sole cost and expense, will maintain, secure and keep in force during the term of this Agreement, adequate insurance coverages with respect to the Company's potential liability, with coverages and limits that are, at a minimum (and without limiting Company's obligation to maintain adequate coverages), substantially similar in type and amount to those that are in effect with respect to Company's potential liability as of Effective Date of this Agreement. Without limiting the foregoing, Company represents and warrants that Company maintains, as of the Effective Date of this Agreement, insurance coverages of the types and with limits as set forth below:
A. Commercial general liability, including premises or operations, contractual, and products or completed operations coverages (if applicable), independent contractors' liability, personal injury, advertising injury, and contractual liability, with limits of $1 million per occurrence and $2 million general aggregate. Note: products/completed operations coverage must be maintained for a minimum of three (3) years past the end of this Agreement;
B. Automobile liability, including coverage for owned (if any), hired, non-hired, non-owned and borrowed automobiles, covering Vendor in the performance of Services hereunder with limits of $1 million per accident;
Minimum Coverage Amounts. Insurance Type
Minimum Coverage Amounts. Minimum coverage amounts for policies of insurance to be obtained and maintained by the Architect and each Consultant are set forth in Exhibit “D.”
Minimum Coverage Amounts. Insurance policies of CONTRACTOR shall be in at least the following minimum coverage amounts:
Minimum Coverage Amounts. Coverage under the irrevocable surety or performance bond or irrevocable letter of credit issued pursuant to Section 4.14 shall be in the following minimum amounts. Should a payment obligation under Section 4.1(d), 4.1(e) or 4.19 arise in the following year (with “Year 1” meaning the first year in which a The minimum coverage for such FILOT Payment is due hereunder): year is: Year Bond coverage for solar generating facility Reference is hereby made to (i) that certain Fee Agreement effective [Date] (“Fee Agreement”), between Darlington County, South Carolina (“County”) and [Project Pathfinder] (“Company”).
Minimum Coverage Amounts. Subcontractor shall maintain the following policies and minimum amounts: The Subcontractor shall maintain workers compensation insurance for all workers compensation obligations imposed by State and Federal Laws, or a valid certificate of exemption issued by the State of Florida, or an affidavit in accordance with Chapter 440 of the Florida Statutes. Subcontractor shall also purchase any other coverages required by law for the benefit of employees. The minimum amount of coverage shall be $1,000,000 each accident.
Minimum Coverage Amounts