Product Liability Insurance definition

Product Liability Insurance means insurance maintained by Licensee in accordance with Paragraph 5 hereof.
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Product Liability Insurance is defined in Section 12.11;
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Product Liability Insurance means insurance against liability incurred by manufacturers, repairers, or retailers arising out of -
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Examples of Product Liability Insurance in a sentence

  • Alnylam will maintain, during the term of this Agreement, Comprehensive General Liability Insurance, including Product Liability Insurance prior to commercialization, with a reputable and financially secure insurance carrier to cover the activities of Alnylam and its sublicensees.

  • Licensee warrants that it now maintains and will continue to maintain Comprehensive General Liability Insurance, including Product Liability Insurance, and any other insurance customary in the industry, and that such insurance coverage lists University and the University Indemnitees as additional insureds.

  • Prior to initial human testing or FIRST COMMERCIAL SALE of any LICENSED PRODUCT, LICENSEE will obtain and maintain in addition to the Comprehensive General Liability Insurance, Product Liability Insurance with a reputable and financially secure insurance carrier acceptable to JHU, to cover any liability arising from or relating to the LICENSED PRODUCTS.

  • To implement the obligation of K-TRONIK under this Article, K- TRONIK shall (or K-TRONIK shall cause the manufacturer of the Products to), at all times during the term hereof and the warranty period for the final shipment of the Products thereafter, maintain Product Liability Insurance covering any or all Products sold by K-TRONIK to JADEMAR at the expense of K- TRONIK (or such manufacturer) in aggregate limit of Two Million States Dollars (US $2,000,000) Dollars.

  • PRINCIPAL shall furnish BROKER with a current Certificate of Product Liability Insurance upon execution of the Agreement.

  • Upon modification thereof, Licensee shall furnish promptly to GM a copy of the modified certificate of Product Liability Insurance.

  • During the term of this Agreement, Eidos will maintain Comprehensive General Liability Insurance, including Product Liability Insurance, with a reputable and financially secure insurance carrier to cover the activities of Eidos and its sublicensees.

  • The Company shall not terminate, assign or cancel such Product Liability Insurance during the 5 year term.

  • The Product Liability Insurance policy shall name NxStage as an Additional Insured.

  • Immediately upon the first administration of a Product to a human in the Territory by Rhythm, its Affiliates or its permitted Sublicensees, and for a period of [ ]* years after the expiration of this Agreement or the earlier termination thereof, Rhythm shall maintain Commercial General Liability Insurance and Product Liability Insurance, including contractual liability coverage, in an amount not less than [ ]* per occurrence bodily injury/property damage combined and [ ]* aggregate annually.


More Definitions of Product Liability Insurance

Product Liability Insurance means the product liability insurance arranged through a broker recommended by us; Retailer: means a person who is on the Portal as a retailer and has been permitted by BYL to connect with the Supplier;
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Product Liability Insurance means insurance against liability incurred by manufacturers, repairers, or retailers arising out of bodily injury to, or the death of, a person or the loss of, or damage to, property, caused by products made, sold or distributed by them.
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Product Liability Insurance means a policy of product liability insurance:
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Product Liability Insurance is defined in Section 4.2(o).
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Product Liability Insurance has the meaning specified in SECTION 6.9.
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Product Liability Insurance has the meaning set forth in Section 5(i) below.
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Related to Product Liability Insurance

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Property Insurance is defined in Section 6.10(a).

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • First party insurance means an insurance policy or contract in which the insurer

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Casualty insurance means liability insurance.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Accidental Bodily Injury means an Injury sustained as the result of an Accident and independently of all other causes by an outside traumatic event or due to exposure to the elements.

  • Bodily harm means physical pain or injury, illness, or any impairment of physical condition.

  • Credit property insurance means insurance:

  • general insurance business means any class of insurance business other than long-term insurance business;

  • contributory means a person liable to contribute towards the assets of the company in the event of its being wound up.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.