Common use of Umbrella Liability Coverage Clause in Contracts

Umbrella Liability Coverage. Umbrella or excess liability coverage at least as broad as the commercial general liability policy. Claims made coverage is not acceptable. The minimum limit shall be One Hundred Fifty Million Dollars ($150,000,000) each occurrence and annual aggregate per location (if available at commercially reasonable rates).

Appears in 2 contracts

Sources: Operating Agreement (Thomas Properties Group Inc), Operating Agreement (Thomas Properties Group Inc)

Umbrella Liability Coverage. Umbrella or excess liability coverage at least as broad as the commercial general liability policy. Claims made coverage is not acceptable. The minimum limit shall be One Hundred Fifty Million Dollars ($150,000,000) each occurrence and annual aggregate per location (if available at commercially reasonable rates)aggregate.

Appears in 1 contract

Sources: Operating Agreement (Thomas Properties Group Inc)