Liability Insurance Policy Sample Clauses

Liability Insurance Policy. The Franchisee shall have secured its liability insurance policy pursuant to Article 12 hereof;
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Liability Insurance Policy. The Company shall have secured its liability insurance policy (or policies) pursuant to Section 12.2.01 hereof and shall have delivered the certificate(s) of insurance to OCTT and the Corporation Counsel, together with evidence that the premiums for such policy (or policies) have been paid, that such policy (or policies) shall be in effect on or before the Effective Date, and that such policy (or policies) is (or are) in accordance with Section 12.2 hereof;
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Liability Insurance Policy. 1. TMI will be liable to the RU or to third parties for all loss, damage or costs engaging its liability or that of its third-party suppliers, appointees and/or subcontractors during the Shunting Service. 2. For the purposes of establishing liability, TMI will accept no liability whatsoever based on presumptions of any nature. Therefore, liability for loss or damage can only be attributed to TMI in cases where the RU has presented indisputable proof that TMI has committed breaches of its contractual obligations from which loss and/or damage has arisen or that such loss and/or damage can be attributed to causes directly engaging TMI’s liability. 3. For the purpose of attributing liability for loss and/or damage under point 2 above, the Parties hereby acknowledge and agree that the provisions of the attached consultation procedure (Annex h) will be implemented after each event. 4. TMI will accept no liability for any damage, loss or malfunction where such damage, loss or malfunction is attributable, in whole or in part, to third parties, to exceptional occurrences and/or to force majeure, including but not limited to adverse weather conditions, natural disasters, military conflicts, riots or street demonstrations. TMI will accept no liability for delays or cancellations due to the railway undertakings’ activities in relation to train movements, or to the ordinary or extraordinary activities of the railway network manager. 5. The Parties agree that in the event of that the shared liability of TMI is established, except in cases of gross negligence or wilful misconduct, TMI will accept liability solely for loss or damage arising from malfunction, damage or loss affecting the freight and/or ITUs belonging to the RU that is its customer or to the latter’s customers (direct loss or damage), and will refuse to accept liability for any further loss or damage whatsoever (loss of earnings/effects on business). Specifically, TMI – in addition to direct damage to ITUs or wagons due to incorrect handling with shunting locomotives – will accept liability solely for loss or damage to the freight transported resulting from causes directly attributable to TMI. The Parties furthermore agree that TMI will not compensate loss or damage classified as ‘minor damage’, in other words damage of a purely aesthetic nature that does not diminish the amount of freight that can be transported in ITUs or wagons and/or does not prevent them from performing their function. In the event of ...
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Liability Insurance Policy. The Company shall have secured its liability insurance policy pursuant to Section 13.2.01 hereof and shall have delivered to the Comptroller, the Commissioner and the Corporation Counsel, proof thereof, in the form of an insurance certificate or insurance binder, together with evidence that the premiums for such policy have been paid, that such policy shall be in effect on or before the Effective Date, and that such policy is in accordance with Section 13.2 hereof;
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Liability Insurance Policy. The Contractor must have and maintain comprehensive general liability insurance covering the legal liability of the Contractor for injuries to, or death of persons and/or damage to property of others for limits of not less than three million ($3,000,000) dollars per occurrence for bodily injury and property damage with an insurer and in a form satisfactory to the Town. The Contractor must have and maintain liability insurance on all vehicles used for the purposes of this agreement in an amount not less than $2,000,000. All the foregoing insurance shall be primary to the contractor and shall not require the sharing of any loss by the Town. A copy of the policy shall be supplied to the Town prior to execution of this agreement.
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Liability Insurance Policy. A) Global Liability Master Insurance covering General Liability, Products Liability, Errors and Omission and Clinical Trials. The limit of liability of this policy (primary and excess layers combined) is USD $30M but USD $10M for Errors and Omissions.
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Liability Insurance Policy. 25 42. CASUALTY INSURANCE..................................................................................... 25 43. BROKERAGE.............................................................................................. 25
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Liability Insurance Policy. Tenant agrees to carry at its own expense, throughout the term of this Lease Agreement, public liability insurance covering the Demised Premises and Tenant's use of the Demised Premises, together with contractual liability endorsements covering Tenant's obligations under Paragraph 19 of the Lease Agreement, in companies and in a form satisfactory to Landlord, with minimums of $1,000,000.00 on account of bodily injuries and/or death of one person, and $1,000,000.00 on account of bodily injuries and/or death of more than one person as a result of any one accident or disaster, and with $1,000,000.00 coverage for property damage in an accident, and whether said injury or loss occurs in the premises or in or on the common areas, and to deposit said policy or policies (or certificates thereof) with Landlord prior to the date of any use or occupancy of the Demised Premises by Tenant, said policies shall protect Tenant and Landlord, with the Landlord being a named insured. Should Tenant fail to carry such public liability insurance, Landlord may at its option (but shall not be required so to do) cause public liability insurance as aforesaid to be issued, and in such event Tenant agrees to pay the premium for such insurance promptly upon Landlord's demand. Such liability insurance policy or policies shall bear endorsements to the effect that the insurer agrees to notify Landlord not less than ten (10) days in advance of modification or cancellation thereof.
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Related to Liability Insurance Policy

  • Liability Insurance To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer.

  • D&O Liability Insurance To the extent that the Company maintains a policy or policies of insurance (“D&O Liability Insurance”) providing liability insurance for directors and officers of the Company in their capacities as such (and for any capacity in which any director or officer of the Company serves any other Enterprise at the request of the Company), in respect of acts or omissions occurring while serving in such capacity, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any other director or officer under such policy or policies.

  • Umbrella Liability Insurance Liability on a following form basis with a limit $1,000,000 per occurrence in excess of all primary limits.

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • Commercial General Liability Insurance Policy Provide a Commercial General Liability Insurance Policy, including contractual liability, in adequate quantity to protect against legal liability arising out of contract activity but no less than $1,000,000 per occurrence. Additionally, the CONTRACTOR is responsible for ensuring that any subcontractors provide adequate insurance coverage for the activities arising out of subcontracts.

  • Excess Liability Insurance $___________________ minimum required insurance policy for anything other than General Liability or Automobile coverage. ☐ - Additional Insurance Requirement: Client, Contractor, and any other entity which the Contractor is required to name as an additional insured under the Prime Contract shall be named as additional insureds under the General Liability Insurance required by this Section and any such insurance afforded to the additional insureds shall apply as primary insurance. Any other insurance maintained by the Client or Contractor shall be excess insurance and shall not be called upon to contribute to Subcontractor’s primary or excess insurance carrier’s duty to defend or indemnify unless required by law. The excess insurance required above shall also afford additional insured protection to Client and Contractor. This Section shall in no event be construed to require that additional insured insurance coverage be provided to a greater extent than permitted under the statutes or public policy governed under State law. Certificates of Insurance. Certificates of insurance, and the required additional insured and other endorsements, including waivers of subrogation shall be furnished to Contractor before the performance of any Services.

  • Business Automobile Liability Insurance Such insurance shall cover liability arising out of any automobile used in connection with performance under the Contract, including owned, leased, hired and non-owned automobiles bearing or, under the circumstances under which they are being used, required by the Motor Vehicles Laws of the State of New York to bear, license plates.

  • General Liability Insurance The Contractor must secure and maintain Commercial General Liability Insurance, including bodily injury, property damage, products, personal and advertising injury, and completed operations. This insurance must provide coverage for all claims that may arise from performance of the Contract or completed operations, whether by the Contractor or anyone directly or indirectly employed by the Contractor. Such insurance must include the State of Florida as an additional insured for the entire length of the resulting contract. The Contractor is responsible for determining the minimum limits of liability necessary to provide reasonable financial protections to the Contractor and the State of Florida under the resulting contract.

  • Vehicle Liability Insurance $___________________ minimum required insurance policy on all owned, hired, and non-owned vehicles of the Subcontractor for combined single limit liability for each accident affecting incurring bodily injury and/or property damage.

  • OWNER’S LIABILITY INSURANCE The Owner shall be responsible for purchasing and maintaining the Owner’s usual liability insurance.

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