MINIMUM COVERAGES AND LIMITS OF LIABILITY Sample Clauses

The "Minimum Coverages and Limits of Liability" clause sets the baseline requirements for the types and amounts of insurance coverage a party must maintain under a contract. It typically specifies the minimum dollar amounts for various insurance policies, such as general liability, professional liability, or automobile insurance, that the contracting party must carry throughout the agreement's term. By establishing these minimums, the clause ensures that adequate financial protection is in place to cover potential losses or claims, thereby allocating risk and safeguarding both parties against insufficient insurance coverage.
MINIMUM COVERAGES AND LIMITS OF LIABILITY. Vendor shall at all times during the term of this Agreement maintain continuously, at its own expense, minimum insurance coverages and limits of liability as specified below: A. Commercial General Liability (CGL) insurance, including: - Premises/Operations - Products/Completed Operations - Personal/Advertising Injury - Contractual - Independent Contractors - Stop Gap/Employers Liability with minimum limits of liability of $1,000,000 each occurrence combined single limit bodily injury and property damage (“CSL”), except: $1,000,000 Personal/Advertising Injury $1,000,000 each accident/disease/employee Stop Gap/Employer’s Liability B. Automobile Liability insurance, including coverage for owned, non-owned, leased or hired vehicles with a minimum limit of liability of $1,000,000 CSL. C. Worker’s Compensation for industrial injury to Vendor’s employees in accordance with the provisions of Title 51 of the Revised Code of Washington.
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MINIMUM COVERAGES AND LIMITS OF LIABILITY. Vendor shall at all times during the term of this Agreement maintain continuously, at its own expense, minimum insurance coverages and limits of liability as specified below:
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MINIMUM COVERAGES AND LIMITS OF LIABILITY. Contractor shall at all times during the term of this Agreement maintain continuously, at its own expense, minimum insurance coverage’s and limits of liability as specified below: 39.1.1. Commercial General Liability (CGL) insurance, including: Revised 10/12/2021 STANDARD TERMS & CONDITIONS • Premises/Operations • Products/Completed Operations • Personal/Advertising Injury • Contractual • Independent Contractors • Stop Gap/Employers Liability With minimum limits of liability of $1,000,000 each occurrence combined single limit bodily injury and property damage (“CSL”), except: • $1,000,000 Personal/Advertising Injury • $1,000,000 each/disease/employee Stop Gap/Employer’s Liability 39.1.2. Automobile Liability insurance, including coverage for owned, non-owned, leased or hired vehicles with a minimum limit of liability of $1,000,000 CSL. 39.1.3. Worker’s Compensation for industrial injury to Contractor’s employees in accordance with the provisions of Title 51 of the Revised Code of Washington.
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Related to MINIMUM COVERAGES AND LIMITS OF LIABILITY

  • Risks and Limits of Liability Contractor shall maintain the following insurance coverages in the following amounts:

  • Aggregate Limits of Liability The basic coverage limits of liability may be subject to annual aggregate limits. If this is the case the annual aggregate limits of liability must be at least two (2) times the limits required for each policy, or the aggregate may equal the limits required but must apply separately to this Agreement.

  • Limits of Liability To the fullest extent permitted by applicable law, (1) You agree that We and HomeServe, and both of our respective parents, successors, affiliates, approved technicians and Our and their officers, directors, employees, affiliates, agents, contractors or similar parties acting on behalf of either Us or HomeServe shall not be liable to You or anyone else for: (a) any actual losses or direct damages that exceed the lowest applicable per repair Benefit Limit, or, if there is no maximum Benefit Limit, any actual losses or direct damages that exceed the cost of repairs provided for in the “What is a Covered Repair?” section(s) of this Service Agreement, relating to any repairs performed by Us, HomeServe or on behalf of either Us or HomeServe or services provided hereunder giving rise to such loss or damage; or (b) any amount of any form of indirect, special, punitive, incidental or consequential losses or damages, damages based on anticipated or lost profits, wages, or revenue, or damages based on diminution in value or a multiple of earnings, including those caused by any fault, failure, delay or defect in providing any repairs performed by Us, HomeServe or on behalf of either Us or HomeServe or services provided under this Service Agreement, regardless of whether such damages were foreseeable and whether or not We or HomeServe or anyone acting on behalf of either Us or HomeServe have been advised of the possibility of such damages (the damages listed in clauses (a) and (b), collectively the “Excluded Damages”); and (2) these limitations and waivers shall apply to all claims and all liabilities and shall survive the cancellation or expiration of this Service Agreement. You may have other rights that vary from state to state. Arbitration: YOU, NHRW AND HOMESERVE ALL AGREE TO RESOLVE DISPUTES BY BINDING ARBITRATION as follows:

  • Indemnity; Limitation of Liability As an officer of the Company, the Executive shall be entitled to indemnity and limitation of liability as provided pursuant to the Company’s Articles of Incorporation, bylaws and any other governing document, as the same shall be amended from time to time.

  • Limits of Liability; Indemnification The Adviser assumes no responsibility under this Agreement other than to render the services called for hereunder. The Adviser shall not be liable for any error of judgment or for any loss suffered by the Trust or the Fund in connection with the matters to which this Agreement relates, except a loss resulting from a breach of fiduciary duty with respect to receipt of compensation for services (in which case any award of damages shall be limited to the period and the amount set forth in Section 36(b)(3) of the Investment Company Act of 1940) or a loss resulting from willful misfeasance, bad faith or gross negligence on its part in the performance of, or from reckless disregard by it of its obligations and duties under, this Agreement. It is agreed that the Adviser shall have no responsibility or liability for the accuracy or completeness of the Trust's registration statement under the Act or the Securities Act of 1933, except for information supplied by the Adviser for inclusion therein. The Trust agrees to indemnify the Adviser to the full extent permitted by the Trust's Declaration of Trust.