Common use of Types and Minimum Limits Clause in Contracts

Types and Minimum Limits. The types of insurance, and minimum limits shall be: (a) ▇▇▇▇▇▇ shall at all times maintain in force any insurance policy that is required by any Applicable Law which may govern or have jurisdiction over any provision of this Agreement and at all times remain fully compliant with any such Applicable Law. (b) Clinical Trials Insurance effective at least [***] days prior to the first dosing of a Licensed Product in any human clinical trials with a minimum limit of [***] in the aggregate to be maintained in force throughout the life of any such clinical trials, such insurance to be effected, maintained and documented to AbbVie in compliance with this Agreement and in compliance with any and all local requirements in any territory in which such trials are conducted. (c) Workers Compensation Insurance as required by Applicable Law in the state or other jurisdiction in which any activities or obligations under this Agreement are performed, including a waiver of subrogation in favor of AbbVie. (d) Commercial General Liability Insurance, including coverage for Products Liability, with a minimum limit of [***] per occurrence and [***] in the aggregate annually. General Liability Insurance shall include, at a minimum, Professional Liability, Clinical Trial Insurance and, beginning at least [***] days prior to First Commercial Sale of the first Licensed Product, product liability insurance. The Parties shall mutually agree on liability insurance limits for product liability insurance.