Example ContractsClausesGeneral Liability Insurance
General Liability Insurance
General Liability Insurance contract clause examples

Commercial General Liability Insurance. Tenant will procure and maintain commercial general liability insurance (“Liability Insurance”) which # insures against claims for bodily injury, property damage, personal injury and advertising injury arising out of or relating, directly or indirectly, to the use, occupancy, or maintenance of the Premises or any portion of the Property by Tenant or any of its agents, employees, contractors, invitees and licensees, # insures, without exclusion, damage or injury arising from heat, smoke, or fumes from a hostile fire, # has limits of not less than # $1,000,000.00 per occurrence, # $2,000,000.00 general aggregate per location, # $2,000,000.00 products and completed operations aggregate, # $1,000,000.00 for personal and advertising injury liability, # $50,000.00 for fire damage legal liability, and # $5,000.00 for medical payments, which minimum limits may be increased if recommended by Landlord’s consultants or other insurance professionals, # includes blanket contractual liability and broad form property damage liability coverage, and # contains a standard separation of insured’s provision;

Commercial General Liability Insurance. Tenant shall maintain a policy(ies) of commercial general liability insurance written on an “occurrence” basis, with limits of liability, in the aggregate, of not less than Five Million Dollars ($5,000,000.00). Such policy(ies) shall cover bodily injury, property damage, personal injury, and advertising injury arising out of or relating (directly or indirectly) to Tenant’s business operations, conduct, assumed liabilities, or use or occupancy of the Premises or the Project, and shall include all the coverages typically provided by the Broad Form Commercial General Liability Endorsement, including broad form property damage coverage (which shall include coverage for completed operations). Tenant’s liability coverage shall further include premises-operations coverage, products liability coverage (if applicable), and products-completed operations coverage It is the parties’ intent that Tenant’s contractual liability coverage provides coverage to the maximum extent possible of Tenant’s indemnification obligations under this Lease.

Liability Insurance. The Company shall, from time to time, make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses from wrongful acts, or to ensure the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all policies of directors’ and officers’ liability insurance, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s directors, if Indemnitee is a director; or of the Company’s officers, if Indemnitee is not a director of the Company but is an officer; or of the Company’s key employees, if Indemnitee is not an officer or director but is a key employee. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a subsidiary or parent of the Company.

General Liability Insurance. Borrower shall carry or cause tenant to carry comprehensive general liability insurance with limits of not less than $1,000,000.00 per occurrence and $2,000,000.00 in the aggregate and with insurers reasonably acceptable to Lender and shall deliver to Lender original or certified copies of such policy or policies or certificates of such coverage as may be requested from time to time by Lender. In addition, the Borrower shall carry, on a minimum basis, the coverage that has been previously provided to the Lender.

Commercial General Liability Insurance. Commercial general liability insurance covering the Borrower and each Project’s operations, written on “occurrence” policy forms, including coverage for premises/operations, products/completed operations, broad form property damage, blanket contractual liability, and personal injury, with no exclusions for explosion, collapse and underground perils, or fire, with primary coverage limits of no less than $1,000,000 any one occurrence for injuries or death to one or more persons or damage to property including products and completed operations and an annual aggregate limit of not less than $2,000,000, except $1,000,000 annual aggregate for products/completed operations. The commercial general liability policy shall also include a severability of interest clause and insure punitive damages to the extent commercially available and allowed by applicable Law. Deductibles in excess of $25,000 shall be subject to review and approval by the Lenders.

Commercial General Liability Insurance. Commercial general liability insurance covering the Borrower and each Project’s operations, written on “occurrence” policy forms, including coverage for premises/operations, products/completed operations, broad form property damage, blanket contractual liability, and personal injury, with no exclusions for explosion, collapse and underground perils, or fire, with primary coverage limits of no less than $1,000,000 any one occurrence for injuries or death to one or more persons or damage to property including products and completed operations and an annual aggregate limit of not less than $2,000,000, except $1,000,000 annual aggregate for products/completed operations. The commercial general liability policy shall also include a severability of interest clause and insure punitive damages to the extent commercially available and allowed by applicable Law. Deductibles in excess of $25,000 shall be subject to review and approval by the Administrative Agent.

Commercial General Liability Insurance. Commercial general liability insurance covering the Collateral Parties’ operations, written on an "occurrence" policy form equivalent to or better than the latest edition of the Insurance Services Office, Inc. (ISO) CG 00 01 policy form, including coverage for premises/operations, products/completed operations, property damage, blanket contractual liability, and personal injury, with no exclusions for explosion, collapse and underground perils, or fire, with primary coverage limits of no less than ​ for injuries or death to one or more persons or damage to property resulting from any one occurrence, and a general aggregate and products and completed operations liability aggregate limit of not less than ​. The commercial general liability policy shall also include a severability of interest clause with no exclusions or limitations on cross liability and punitive damages to the extent insurable and allowed by Applicable Law. Deductibles in excess of ​, except ​ in the case of wildfire or exposure from battery storage, shall be subject to review and approval by the Lenders.

for Construction. During any period of construction, repair, restoration, renovation or replacement of Improvements, Borrowers shall cause any general contractor or construction manager to maintain commercial general liability insurance, including coverage for products and completed operations, with limits of not less than One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) in the aggregate. Borrowers shall also cause the general contractor or construction manager to require any and all of its subcontractors of any tier to provide a certificate of insurance evidencing commercial general liability insurance (including products and completed operations), with a limit of not less than One Million Dollars ($1,000,000) per occurrence, and upon demand by Administrative Agent, provide evidence that is reasonably satisfactory to Administrative Agent that Borrowers have complied with this requirement. Borrowers shall cause the general contractors, construction managers and subcontractors to include Borrowers, Administrative Agent and Lender as additional insureds on all of their insurance policies required pursuant to this Agreement.

Commercial General Liability Insurance. Commercial general liability insurance covering the Borrower and each Project’s operations, written on “occurrence” policy forms, including coverage for premises/operations, products/completed operations, broad form property damage, blanket contractual liability, and personal injury, with no exclusions for explosion, collapse and underground perils, or fire, with primary coverage limits of no less than $1,000,000 any one occurrence for injuries or death to one or more persons or damage to property including products and completed operations and an annual aggregate limit of not less than $2,000,000, except $1,000,000 annual aggregate for products/completed operations. The commercial general liability policy shall also include a severability of interest clause and insure punitive damages to the extent commercially available and allowed by applicable Law. Deductibles in excess of $25,000 shall be subject to review and approval by the Lenders.

. Each Borrower shall obtain and maintain commercial general liability insurance on the broadest forms available, written on an “occurrence” basis, against all claims for bodily injury, disease or death, property damage, personal injury, contractual liability and similar risks to third parties in an amount not less than # One Million Dollars ($1,000,000) per occurrence and # Two Million Dollars ($2,000,000) in the aggregate.

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