Each Party shall maintain general liability insurance, adequate for each respective Party’s responsibilities and liabilities resulting from this agreement and in particular Supplier shall maintain product liability insurance with a reputable insurer for the duration of the term of this Agreement of not less than €1 million for any one occurrence and not less than €2 million in the aggregate in any one year in respect of all and any liability (howsoever arising) in respect of a claim that the Products are faulty or defective