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Insurance and Compensation Sample Clauses

Insurance and Compensation. If an employee demonstrably suffers damage to ordinary, necessary clothing or personal items, such as a wrist-watch, spectacles, etc., in the course of his work, compensation shall be paid for this in accordance with an assessment of the value involved. Compensation will only be paid for damage of this type if it occurs as a result of an accident at the workplace. Compensation will not be paid for such damage if it occurs as a result of negligence or carelessness on the part of the employee.
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Insurance and Compensation. 5.1. Save in the respect of death or personal injury the Client shall look only to the Company (and not to the Individual) for redress if the Client considers that there has been any breach of this Agreement. The Client agrees not to pursue any claims in contract delict or statute (including negligence) against any Individual as a result of carrying out its obligations under or in connection with the Agreement at any time whether named expressly in this Agreement or not. 5.2. The amount of Professional Indemnity insurance to be carried by the Company is £1 million (further details of extent of cover available upon request) unless otherwise stated in the fee proposal letter. 5.3. The Company has public liability insurance of £5,000,000.
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Insurance and Compensation. 1. When the borrower or driver assumes the liability under paragraph 1 of the preceding article, the insurance policy or compensation under the following limit shall be settled by the insurance policy or damage compensation mutual agreement concluded by the Company for the rental car or the compensation system determined by the Company Money will be paid. (1) Interpersonal compensation Unlimited per person (including mandatory vehicle liability insurance) (2) Objective compensation Unlimited per 1 accident (deductible amount of 100,000 yen) (3) Compensation for personal injury Up to 30 million yen per person 2. Insurance payment or compensation as stipulated in paragraph 1 will not be paid if it falls under the insurance policy or the indemnity reason of the compensation system. 3. Losses for which insurance benefits or compensation will not be paid and damages exceeding the insurance amount or compensation for compensation will be paid under the provisions of paragraph 1 by the borrower or driver. 4. When the Company pays the damages to the borrower or driver, the borrower or driver shall immediately pay the Company. 5. The premium equivalent of the damage insurance contract prescribed in paragraph 1 or the equivalent amount of mutual aid payment, under mutual aid liability mutual aid, shall be included in the lease fee.
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Insurance and Compensation. 11.1. Party B shall purchase and maintain effective property insurance, third party liability insurance and equipment damage insurance for the insurance company from the equipment and property purchased by Party B within the leased premises after the delivery of the leased premises and during the lease period. 11.2. If Party B suffers losses due to property damage, loss, etc., and Party B fails to insure or is not fully insured, Party B shall bear all the expenses, which may cause Party A or other third party to lose.
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Insurance and Compensation. 1. When the borrower or driver assumes the liability under paragraph 1 of the preceding article, the insurance policy or compensation under the following limit shall be settled by the insurance policy or damage compensation mutual agreement concluded by the Company for the rental car or the compensation system determined by the Company Money will be paid. (1) Interpersonal compensation Unlimited per person (including mandatory vehicle liability insurance) (2) Objective compensation Unlimited per 1 accident (deductible amount of 10,000 yen) (3) Compensation for personal injury Up to 30 million yen per person 2. Insurance payment or compensation as stipulated in paragraph 1 will not be paid if it falls under the insurance policy or the indemnity reason of the compensation system. 3. Losses for which insurance benefits or compensation will not be paid and damages exceeding the insurance amount or compensation for compensation will be paid under the provisions of paragraph 1 by the borrower or driver. 4. When the Company pays the damages to the borrower or driver, the borrower or driver shall immediately pay the Company. 5. The premium equivalent of the damage insurance contract prescribed in paragraph 1 or the equivalent amount of mutual aid payment, under mutual aid liability mutual aid, shall be included in the lease fee. Chapter 8 Cancellation of Rental Agreement Article 30 (Cancellation of Rental Agreement) When the borrower or driver is in violation of this agreement during the use, or when it comes to falling under any of the items of Article 9, paragraph 1, we will not require any notification or demand. You can cancel the rental contract and request rental car to be returned immediately. In this case, we will not refund the received rental fee to the borrower.
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Insurance and Compensation. 1. If you are liable under Article 28, paragraph 1, the insurance or compensation within the following limit shall be paid by according to the non-life insurance contact signed by the company or the compensation system established by the company. Money will be paid. ① Unlimited for body injury ② Unlimited for property damage (deductible 200,000 yen) ③ Market price for vehicle compensation (deductible 200,000 yen) ④ Personal injury compensation: 50 million yen per person in case of death or residual disorder 2. The insurance money will not be paid if the case is covered by the disclaimer of an insurance agreement or compensation system. 3. Losses for which insurance benefits or compensation will not be paid and damages exceeding the insurance amount or compensation will be paid by you. However, disaster damages designated by devastating disaster pursuant to the Law in 1962 are exceptions. When you are driving at the time and at the place during the devastating disaster and suffer the damage, you are not liable for the damage except that you cause damage intentionally. You do not need to compensate for the damage. 4. When the company pays compensation instead of you, you need to reimburse us the same amount of money immediately. 5. The insurance charge is included in the rental fee. Chapter 8 Cancellation of rental agreement Article 31 Cancellation of rental agreement 1. The company does not require any notice when you violate this agreement during use or when any of the items of Article 9, paragraph1 is applicable. You shall return the car and the rental goods to the company and you pay the balance immediately if there are any. In this case, the company shall not return the received rental fee to you.
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Insurance and Compensation. (a) If a Second Creditor has a right under the Second Securities or the Second Facility Agreement to: (1) make, enforce, settle or compromise claims; or (2) sxx for, recover or give any discharge for money payable, under, or in respect of any insurance policy or right of compensation of APG, then the Second Creditor must not exercise that right without the prior written consent of the First Creditors. (b) If, for any reason, a Second Creditor receives or recovers any money from any insurance policy or right of compensation of that kind , the Second Creditor must account for it in accordance with clause 3 as if it were a recovery of its Debt.
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Insurance and Compensation. If the renter or the driver is liable for damages specified in the first paragraph of Article 28, insurance money up to the following limits shall be paid from the casualty insurance contract concluded by the Company for the rental car or other compensation schemes specified by the Company, unless such damages fall under an exemption in the insurance policy conditions. (1) Compensation for personal damage: Unlimited per person (including compulsory automobile liability insurance) (2) Compensation for property damage: Unlimited per accident (deductible of JPY 50,000) (3) Compensation for vehicle damage: Up to market value per accident (deductible of JPY 50,000, but JPY 100,000 for buses/large-sized trucks) (4) Compensation for personal injury: Up to JPY 30,000,000 per person
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Insurance and Compensation. Basic Moving will maintain insurance of all vehicles being deployed under this contract and upon request will furnish proof of such insurance to XXXXX. Basic Moving, at its sole cost and expense, must maintain the insurance coverage in the minimum limits detailed in this solicitation. The contractor will maintain Commercial General Liability insurance, written on an “occurrence” basis and not a “Claims made” basis, protecting against all liability for bodily injury, death, personal injury and property damage, in an amount not less than One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) in the aggregate for any policy year, and designating itself as “named insured” and the City of NewYork, including its officials and employees, as “additional insured.” Basic Moving will maintain automobile insurance that shall insure against (i) bodily injury liability, (ii) uninsured motorists coverage, (iii) medical payments, no-fault or personal injury protection coverage, (iv) property damage liability with limits as reasonably designated by the City from time to time but in any event with limits of not less than One Million Dollars ($1,000,000) combined single limit per occurrence with respect to personal and bodily injury, death and property damage and which shall designate the City as additional insured and loss payee.
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Related to Insurance and Compensation

  • ’ Compensation Insurance and Disability Benefits Requirements New York State Workers’ Compensation Law (WCL) §57 & §220 requires the heads of all municipal and state entities to ensure that businesses applying for permits, licenses or contracts, document that they have appropriate workers’ compensation and disability benefits insurance coverage. These requirements apply to both original contracts and renewals, whether the governmental agency is having the work done or is simply issuing the permit, license or contract. Failure to provide proof of such coverage or a legal exemption will result in a rejection of a Vendor Submission or renewal. A Vendor may not be awarded a Contract unless proof of workers’ compensation and disability insurance is provided to OGS. 1. Proof of Compliance with Workers’ Compensation Coverage Requirements: An XXXXX form (certificate of insurance) is NOT acceptable proof of workers’ compensation coverage. In order to provide proof of compliance with the requirements of the Workers’ Compensation Law pertaining to workers’ compensation coverage, a Vendor/Contractor shall: a) Be legally exempt from obtaining Workers’ Compensation insurance coverage; or b) Obtain such coverage from an insurance carrier; or c) Be a Workers’ Compensation Board-approved self-insured employer or participate in an authorized self-insurance plan. A Vendor seeking to enter into a Contract with the State of New York shall provide one of the following forms to OGS at the time of Vendor Submission, and thereafter, within three (3) days of request: a) Form CE-200, Certificate of Attestation for New York Entities With No Employees and Certain Out of State Entities, That New York State Workers’ Compensation and/or Disability Benefits Insurance Coverage is Not Required, which is available on the Workers’ Compensation Board’s website (xxx.xxx.xx.xxx); (Reference applicable Solicitation and Group #s on the form.); b) Certificate of Workers’ Compensation Insurance: i) Form C-105.2 (9/07) if coverage is provided by the Vendor/Contractor’s insurance carrier, the Vendor/Contractor must request that its insurance carrier send this form to OGS, or ii) Form U-26.3 if coverage is provided by the State Insurance Fund, the Vendor/Contractor must request that the State Insurance Fund send this form to OGS; c) Form SI-12, Certificate of Workers’ Compensation Self-Insurance available from the New York State Workers’ Compensation Board’s Self-Insurance Office; or d) Form GSI-105.2, Certificate of Participation in Workers’ Compensation Group Self-Insurance available from the Vendor/Contractor’s Group Self-Insurance Administrator.

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Services and Compensation Consultant shall perform the services described in Exhibit A (the “Services”) for the Company (or its designee), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • WAGES AND COMPENSATION Section 1:

  • Expenses and Compensation Except for expenses specifically assumed or agreed to be paid by the Portfolio Manager under this Agreement, the Portfolio Manager shall not be liable for any expenses of the Portfolio or the Trust, including, without limitation: (i) interest and taxes; (ii) brokerage commissions and other costs in connection with the purchase and sale of securities or other investment instruments with respect to the Portfolio; and (iii) custodian fees and expenses. For its services under this Agreement, Portfolio Manager shall be entitled to receive a fee, which fee shall be payable monthly in arrears at the annual rate of 0.45% of the average daily net assets of the Account.

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and stock option plans which the Company may from time to time make available to the employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives. (b) Payment by the Company of the Employee's initiation and membership dues in all social and/or recreational clubs as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club. (c) Provision by the Company during the Term and any extensions thereof to the Employee and his dependents of medical and other insurance coverage under the Company's Executive Medical Plan. (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary. (e) An annual incentive bonus for each calendar year included in this Agreement calculated pursuant to a formula substantially similar to (and the formula of which will not yield a bonus less than) the FY 2001 Incentive Plan adopted by the Compensation Committee of the Company with a target bonus based upon 100% of base annual salary, a copy of which is attached hereto as Exhibit A ("Incentive Bonus"); provided, however, that the Employer's stockholders approve an annual incentive bonus plan containing substantially the terms of the Incentive Bonus prior to its payment in accordance with Section 162(m) of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties

  • Complaints and Compensation If you have a complaint of any kind, please be sure to let us know. We will do our utmost to resolve the issue. You can put your complaint in writing to us at:

  • Expropriation and Compensation An action or a series of related actions by a Member State cannot constitute an expropriation unless it interferes with a tangible or intangible property right or property interest in a covered investment.

Most Referenced Clauses

Most Referenced Definitions