Liability Risk Sample Clauses

Liability Risk. Landlord shall purchase liability insurance as follows: commercial general liability $500,000 combined single limits and shall provide certificate of insurance to Tenant’s Risk Manager by mailing it to Tenant’s address as provided in Section 1. Tenant shall purchase liability insurance, applicable to use and occupancy of the Premises as follows: commercial general liability, $1,000,000 combined single limits applicable to Tenant’s use and occupancy of the Premises. Landlord shall be named additional insured as his interest may appear. Tenant shall provide certificate of insurance to Landlord by mailing it to Landlord’s address as provided in Section 1.
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Liability Risk. Landlord shall purchase commercial general liability insurance as follows: commercial general liability $1,000,000 per occurrence and $2,000,000 in the aggregate and shall provide certificate of insurance to Tenant’s Risk Manager by mailing it to Tenant’s address as provided in Section 1. Tenant shall purchase liability insurance, applicable to use and occupancy of the Premises as follows: commercial general liability, $1,000,000 per occurrence and $2,000,000 in the aggregate combined single limits applicable to Tenant’s use and occupancy of the Premises. The property manager, Scientific Properties, LLC, the Landlord, Edgemont Tenant, LLC and the owner of the Land, Edgemont Realty, LLC, shall be named additional insured as its interest may appear. Tenant shall provide certificate of insurance to Landlord by mailing it to Landlord’s address as provided in Section 1. In lieu of purchasing said liability insurance, Tenant shall have the option to retain such risk."
Sample 1Sample 2Sample 3
Liability Risk. A. We use valuation and other information from a wide variety of public and private sources for making investment decisions, making recommendations, and preparing your Statements. We do not warrant or guarantee the accuracy of the valuations or information we utilize. We do not warrant or guarantee the accuracy of any Statement or report, and we are not liable for any mistakes contained in any Statement or report we provide. We are not liable for any loss that arises from any mistakes or inaccuracies in information that we rely on in good faith. B. Investments in your Account are subject to risks, including the possible loss of principal. We are not liable or accountable for any mistakes of valuation, fact, law, or investment losses; for any error of judgment by us or our affiliates; or for any resulting loss or damage suffered by you. We do not guarantee performance of any investment in your Account, the return of your principal, or the receipt of any capital gain or investment profit. We may implement a long-term investment strategy that may not seek to maximize market values over any specific period, but which in our best judgment is in your best interest. C. We are not liable for any loss due to forces beyond our reasonable control, including delays, errors, or interruptions in Service caused by natural disaster, weather, strikes, work stoppages, acts of war or terrorism, court order, failure or fluctuation in electrical power or availability of systems, pandemics or endemics, or any other event of force majeure. D. We have no responsibility or liability with respect to your assets other than the assets in your Account. We have no implied duties under the Agreement. We have no duty to see to the application of the Account assets delivered to you or at your direction. We have no duty to take any action not specified in the Agreement. Except as provided in this Agreement, we have no obligation to commence, appear in, or defend any legal action pertaining to assets held or to be held in your Account. E. We have no responsibility to verify the accuracy of any carrying or cost basis value information you provide. We have no responsibility to collect property to be transferred to the Account or enforce collections of any income, dividends, or other distributions on behalf of the Account. Any distributions we receive will be added to the Account. F. We will not supervise or manage any Subadviser or third-party custodian. We are not responsible for any losses ...
Sample 1
Liability Risk. 34.1 Licensee agrees to assume all risk of legal liability which may arise from Licensee activities, including without limitation, providing services, sublicensing, designing, manufacturing transporting, distributing and selling products licensed under this Agreement. Licensee further warrants and agrees to hold harmless, defend and indemnify Licensor against claims arising from Licensee's activities.
Sample 1

Related to Liability Risk

  • Umbrella Liability The Umbrella / Excess Liability must be at least as broad as the underlying general liability and automobile liability policies. Limits – Each Occurrence $1,000,000 General Aggregate $1,000,000

  • LIABILITY AND RISK OF LOSS A. Each Party hereby waives any claim against the other Party, employees of the other Party, the other Party's Related Entities (including but not limited to contractors and subcontractors at any tier, grantees, investigators, customers, users, and their contractors or subcontractor at any tier), or employees of the other Party's Related Entities for any injury to, or death of, the waiving Party's employees or the employees of its Related Entities, or for damage to, or loss of, the waiving Party's property or the property of its Related Entities arising from or related to activities conducted under this Agreement, whether such injury, death, damage, or loss arises through negligence or otherwise, except in the case of willful misconduct. B. Each Party further agrees to extend this cross-waiver to its Related Entities by requiring them, by contract or otherwise, to waive all claims against the other Party, Related Entities of the other Party, and employees of the other Party or of its Related Entities for injury, death, damage, or loss arising from or related to activities conducted under this Agreement. Additionally, each Party shall require that their Related Entities extend this cross-waiver to their Related Entities by requiring them, by contract or otherwise, to waive all claims against the other Party, Related Entities of the other Party, and employees of the other Party or of its Related Entities for injury, death, damage, or loss arising from or related to activities conducted under this Agreement.

  • Products and Completed Operations Personal Injury Liability Contractual Liability The policy shall be on an occurrence form and limits shall not be less than: $1,000,000 Each Occurrence $2,000,000 General Aggregate $1,000,000 Products/Completed Operations Aggregate $1,000,000 Personal & Advertising Injury

  • Products Liability (a) Except as set forth on Schedule 3.25, (i) there is no Action before any Governmental Entity pending, or to the Knowledge of the Seller, threatened against the Company involving any products manufactured, produced, distributed or sold by or on behalf of the Company and/or in connection with the Business (including any parts or components) (collectively, “Products”), or class of claims or lawsuits involving the same or similar Product which is pending or, to the Seller’s Knowledge, threatened, resulting from an alleged defect in design, manufacture, materials or workmanship of any Product, or any alleged failure to warn, or from any breach of implied warranties or representations (collectively, “Product Liability Lawsuits”); (ii) there has not been, within the past 12 months, any Occurrence (as hereinafter defined); and (iii) there has not been, within the past 12 months, any Product rework or retrofit (collectively, “Retrofits”) conducted by or on behalf of the Company. (b) For purposes of this Section 3.25, the term “Occurrence” shall mean any accident, happening or event which takes place at any time which is caused or allegedly caused by any alleged hazard or alleged defect in manufacture, design, materials or workmanship including, without limitation, any alleged failure to warn or any breach of express or implied warranties or representations with respect to, or any such accident, happening or event otherwise involving any Product that can reasonably be expected to result in a claim or loss. (c) Except as set forth on Schedule 3.25, to the Seller’s Knowledge, each Product manufactured, sold, leased, or delivered by the Company and the Business has been in conformity with all applicable material contractual commitments and all express and implied warranties, and the Company and the Business have no Liability (and there is no basis for any present or future proceeding against any of them giving rise to any Liability) for replacement or repair thereof or other damages in connection therewith. No Product manufactured, sold, leased, or delivered by the Company and the Business is subject to any guaranty, warranty, or other indemnity beyond the applicable standard terms and conditions of sale or lease. Schedule 3.25 includes copies of the standard terms and conditions of sale or lease for the Company and the Business (containing applicable guaranty, warranty, and indemnity provisions). Except as set forth on Schedule 3.25, the Seller and the Business have no obligation to any person to maintain, modify, improve or upgrade any of the Products. (d) Except as set forth on Schedule 3.25, to the Seller’s Knowledge, the Company and the Business have no material Liability (and there is no basis for any present or future proceeding against any the Company and the Business giving rise to any material Liability) arising out of any injury to individuals or property as a result of the ownership, possession, or use of any Product manufactured, sold, leased, or delivered by the Company and the Business.

  • Contractor’s Liability By requiring insurance, the State and DCYF do not represent that the coverage and limits specified will be adequate to protect Contractor. Such coverage and limits shall not limit Contractor’s liability under the terms and conditions of this Contract.

  • Excess/Umbrella Liability Excess/umbrella liability insurance may be included to meet minimum requirements. Umbrella coverage must indicate the existing underlying insurance coverage.

  • LESSOR'S LIABILITY The term "Lessor" as used herein shall mean only the owner or owners, at the time in question, of the fee title or a lessee's interest in a ground lease of the Office Building Project, and except as expressly provided in paragraph 15, in the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers then the grantor) shall be relieved from and after the date of such transfer of all liability as respects Lessor's obligations thereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor's successors and assigns, only during their respective periods of ownership.

  • Umbrella/Excess Liability The A/E may employ an umbrella/excess liability policy to achieve the above-required minimum coverage.

  • Civil Liability If an action or proceeding is brought against any employee or former employee covered by this Agreement for an alleged tort committed by him in the performance of his duties, then:

  • Contractual Liability Liability for payments under the Plan shall be the responsibility of the:

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