Extended liability. 1. If the insurance contract ends due to the complete or permanent discontinuation of the insured risk or due to termination by the insurer or the policyholder / the insured person under Clause 1.01.1 and 1.01.2, then insurance cover shall continue for such personal injury, property damage or jointly insured pecuniary losses under Clause 4.01.1 which occurred during the validity of the insurance policy but which had not yet been established at the time of the termination of the insurance contract. The following provisions shall apply: - The insurance cover shall apply for a term of 3 years from the date upon which the insurance contract ends. - The insurance cover shall continue for the entire period of extended liability within the scope of the insurance applicable upon the termination of the insurance contract, and shall also continue up to the amount of the unspent part of the insured sums for the insurance year in which the insurance contract ends.
Extended liability. If a Representative of the Recipient does an act or omission that, if done or omitted by the Recipient constitutes a breach of this Agreement, then the Recipient is fully liable under this Agreement as if the Recipient had done the act or made the omission (it being understood that such liability shall be in addition to and not by way of limitation of any right or remedy the Provider or its Subsidiaries may have against Recipient’s Representatives with respect to such breach).
Extended liability. Extended Liability coverage is available for trackable ICS Products at an additional charge. ICS’ liability, if extended under this section, shall be increased to the declared value of the shipment, computed from all declared values on waybills comprised in the same shipment and for which Extended Liability coverage has been paid, up to a maximum of CDN$1,500 for the entire shipment as defined above. In the event a shipment comprises items shipped under the Extended Liability (EL) conditions and items shipped without the EL option, ICS Courier will be liable under the Extended Liability conditions for the part of the shipment for which EL coverage was paid and under Maximum Liability provisions for the part of the shipment for which EL coverage was not paid.
Extended liability. Assume, create, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any person, firm or corporation, except by endorsement of negotiable instruments for deposit or collection except for business in the ordinary course in accordance with prior operations, for an amount in excess of $100,000.00.
