Minimum Coverage Requirements Sample Clauses
The Minimum Coverage Requirements clause sets a baseline level of insurance or protection that a party must maintain under a contract. Typically, it specifies the types and amounts of insurance—such as general liability, property, or professional indemnity—that must be in place throughout the contract term. This ensures that adequate financial resources are available to address potential losses or claims, thereby reducing risk and providing assurance to the other party that sufficient coverage exists in the event of an incident.
Minimum Coverage Requirements. Computershare shall at its sole cost and expense, during the term of the Agreement, procure and maintain in effect the insurance coverage covering the risks, claims and liabilities arising from or in connection with the performance of work under the Agreement by Computershare, its agents, representatives, employees or, where applicable, subcontractors, as specified in this Exhibit.. All insurance shall be procured from reputable insurers (rated A- , VIII or better by A.M. Best & Company) that are licensed, approved or admitted to do business in the state.
Minimum Coverage Requirements. The following insurance policies and limits are required for this Agreement. District, reserves the right to require additional insurance based on the work or service being performed:
(a) Commercial General Liability Insurance (“CGL”). CGL insurance issued on an occurrence basis, including coverage of liability arising from Supplier’s acts or omissions in the performance of Services under this Agreement, with limits of at least $1,000,000 per occurrence, and $2,000,000 aggregate.
Minimum Coverage Requirements. The Minimum Coverage Requirements set forth the minimum limits of insurance the Cooperator may purchase to enter into a contract with DNR. These limits may not be sufficient to cover all liability losses and related claim settlement expenses. Purchase of these minimum limits of coverage does not relieve the Cooperator from liability for losses and settlement expenses greater than these amounts. DNR shall not be charged for the cost for insurance coverage(s) greater than those listed in the Minimum Coverage Requirements without prior approval by DNR. During the term of the Agreement, Cooperator must purchase and maintain the insurance coverages and limits specified below:
Minimum Coverage Requirements. The Company shall obtain and continuously maintain throughout the term of this Agreement insurance of the kind and in the minimal amounts specified as follows:
Minimum Coverage Requirements. Lessee shall maintain the following minimum limits and coverages uninterrupted or amended through the Term of this Lease as set forth below:
Minimum Coverage Requirements. Each member Organization will annually renew and keep in full force and effect general liability coverage and sports accident coverage meeting agreed minimum requirements (the "Insurance Policies"). The agreed minimum requirements, coverages are comparable to those coverages set forth by the member organization.
Minimum Coverage Requirements. At minimum, the Contractor shall at its sole cost and expense procure and maintain in full force and effect, during the Term of this Agreement and during the time that any provisions survive the Term, the types and minimum limits of insurance coverage specified in this Section [8] (Insurance) against claims for injuries to persons or damages to property that may arise from or in connection with the performance of the work hereunder by the Contractor, its agents, representatives, employees or subcontractors. In no event shall the Contractor perform work under this Agreement until the required evidence of insurance has been furnished to the Treasurer. All insurance shall be procured from reputable insurers (rated A-, class X or better by A.M. Best & Company) that are approved/admitted to doing business in the State of Connecticut or otherwise acceptable to the Treasurer. Coverage for occurrences happening during the performance of the services provided hereunder shall be maintained in full force and effect under the policy.
Minimum Coverage Requirements. The limits listed below are minimum acceptable limits. The Insurance Agent should review the Contract Special Provisions for each project, and verify with Polk County Risk Management that the insurance requirements have not been changed, as limits may vary from project to project.
Minimum Coverage Requirements. The Minimum Coverage Requirements sets forth the minimum limits of insurance that the Tenant must purchase to secure agreement with the Landlord. These limits may not be sufficient to cover all liability for losses and related claim settlement expenses. Purchase of these minimum limits of coverage does not relieve the Tenant from liability or losses and settlement expenses greater than these amounts. During the Term of this Agreement, Tenant must purchase and maintain, and shall require all other independent contractors to maintain while performing work on the Demised Premises, the minimum insurance coverages and limits specified below, which may be increased by the State and or the Landlord at its sole discretion:
Minimum Coverage Requirements. At minimum, the Contractor shall at its sole cost and expense, during the term of this Agreement, procure and maintain in full force and effect the types and minimum limits of insurance coverage specified in this Section 9 (Insurance) against claims for injuries to persons or damages to property that may arise from or in connection with the performance of the work hereunder by the Contractor, its agents, representatives, employees or subcontractors. In no event shall the Contractor perform work under this Agreement until the required evidence of insurance has been furnished to the Treasurer. All insurance shall be procured from reputable insurers (rated A-, class X or better by A.M. Best & Company) that are approved/admitted to doing business in the State of Connecticut or otherwise acceptable to the Treasurer. Coverage for occurrences happening during the performance of the services provided hereunder shall be maintained in full force and effect under the policy.