Common use of Contractual undertaking Clause in Contracts

Contractual undertaking. Arising from an express warranty, guarantee, indemnity or other contractual provision to the extent that - (a) it extends a duty of any Insured beyond exercising the standard of care and skill which would have been applicable in the absence of that provision; or (b) it increases the compensation, damages and/or costs for which any Insured is liable beyond the amount which would have been payable in the absence of that provision.

Appears in 4 contracts

Samples: Contract of Professional Indemnity Insurance for Barristers, Contract of Professional Indemnity Insurance for Barristers, Contract of Professional Indemnity Insurance for Barristers

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Contractual undertaking. Arising from an express warranty, guarantee, indemnity or other contractual provision to the extent that - (a) it extends a duty of any Insured beyond exercising the standard of care and skill which would have been applicable in the absence of that provision; or (b) it increases the compensation, compensation or damages and/or costs for which any Insured is liable beyond the amount which would have been payable in the absence of that provision.

Appears in 1 contract

Samples: Contract of Professional Indemnity Insurance for Barristers

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