Common use of Minimum Levels Clause in Contracts

Minimum Levels. Client agrees to keep in full force and effect during the term of this Agreement, those insurance coverages, if any, set forth on an applicable SOW. TNC agrees to keep in full force and effect during the term of this Agreement the following: a. Comprehensive general liability insurance in an amount not less than Two Million Dollars ($2,000,000) general aggregate and One Million Dollars ($1,000,000) per occurrence for bodily injury and property damage; b. Property damage insurance covering no less than the full actual value of TNC’s personal and real property;

Appears in 2 contracts

Sources: General Supplemental Terms and Conditions, General Supplemental Terms and Conditions