Liability to Others. The Sole Member intends that the Company not be a partnership (including, without limitation, a limited partnership) or joint venture. It is the intention of the Sole Member that it shall have the benefit of Section 18-303(a) of the LLC Law. The debts, obligations and liabilities of the Company (whether arising in contract, tort or otherwise) are solely the debts, obligations and liabilities of the Company, and neither the Sole Member, nor the Managers nor the Officers shall be liable therefor solely by reason of being a member of the Company or acting as a manager or an officer of the Company. No failure of the Company to observe any corporate or other formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement or the LLC Law shall be grounds for imposing liability on the Sole Member, any Manager or any Officer (or any member or other holder of an equity interest in the Sole Member or any director, manager, board observer, officer or employee of any of the foregoing or any of their affiliates) for any debt, obligation or liability of the Company.
Liability to Others. The Member intends that the Company not be a partnership (including, without limitation, a limited partnership) or joint venture. It is the intention of the Member that it shall have the benefit of Section 18-303(a) of the Act. The debts, obligations and liabilities of the Company are solely the debts, obligations and liabilities of the Company, and the Member shall not be liable therefore solely by reason of being a member of the Company. Furthermore, if applicable, no holder of an equity interest in the Member, or any director, officer or employee of any of the foregoing or any of their Affiliates, shall be obligated personally for any debt, obligation or other liability of the Company solely by reason of being a holder of an equity interest in the Member, or a director, officer or employee of any of the foregoing or any of their Affiliates. No failure of the Company to observe any corporate or other formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement or the Act shall be grounds for imposing liability on the Member (or, if applicable, any holder of an equity interest in the Member, or any director, officer or employee of any of the foregoing or any of their Affiliates) for any debt, obligation or liability of the Company.
Liability to Others. Driving your vehicle Other people driving or using your vehicle Legal personal representatives Cover for principals Legal costs Towing Emergency medical treatment
Liability to Others. Insuring Agreement
Liability to Others. Driving your vehicle Driving other cars Other people driving or using your vehicle Legal personal representatives
Liability to Others. Insuring Agreement Additional Definition for Part I Only
Liability to Others. The Sole Member intends that the Company not be a partnership (including, without limitation, a limited partnership) or joint venture. It is the intention of the Sole Member that it shall have the benefit of subsections (a) and (b) of Section 47-34A-303 of the LLC Law. The debts, obligations and liabilities of the Company (whether arising in contract, tort or otherwise) are solely the debts, obligations and liabilities of the Company, and neither the Sole Member, the Managers nor the Officers shall be liable therefor solely by reason of being a member of the Company or acting as a manager or an officer of the Company. No failure of the Company to observe any corporate or other formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement or the LLC Law shall be grounds for imposing liability on the Sole Member, any Manager or any Officer (or any member or other holder of an equity interest in the Sole Member or any director, manager, board observer, officer or employee of any of the foregoing or any of their affiliates) for any debt, obligation or liability of the Company.
Liability to Others. The obligations and liabilities of the Company are solely the obligations and liabilities of the Company, and the Member shall not be liable therefore solely by reason of being a Member. No failure of the Company to observe any formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement shall be grounds for imposing liability on the Member for any liability of the Company to any third party.
Liability to Others. + Law costs and removal of wreck Underwriters will indemnify the insured in respect of claims which the insured shall by reason of interest in the insured craft, not otherwise excluded, become legally liable to pay and shall pay including law costs for defence agreed in advance. The indemnity payable in respect of any one accident or series of accidents arising out of the same event shall be limited to £5,000,000 in total. All authorised borrowers of craft and/or crew automatically become named insureds for period covered by this policy whilst on or about the insured craft. Underwriters will, subject to prior agreement, indemnify up to £1,000,000 for expenses incurred by the Insured in connection with Official Inquiries, Coroner’s Inquests including settling or defending such claims and for the cost of any necessary attempted or actual raising, removal or destruction of the wreck of the craft or pollution claims arising from an insured peril accidental cause and incurred with the prior consent of Underwriters so long as craft had been fully and properly maintained including at least every 30 days inspection and checking at storage the general safety of craft and general conditions of this policy having first been fully complied with on an ongoing basis with no excluded use or major non-disclosure of change of details having occurred. - Excluding all liability arising whilst insured property is on a private or public highway attached to a vehicle or transit of the craft in/on any mechanically propelled vehicle/watercraft/conveyance or being craned, lifted, towed or any circumstances where road traffic legislation would apply excluding also liability in respect of the use or ownership of any bicycle or land/air motor/engine propelled device or drone. (Note – when on or towed behind a vehicle liability to others must be insured by the vehicle’s insurers). - Excluding any liability in respect of property belonging to or in the care, custody or control of the Insured or any family member. -Excluding any liability arising directly or indirectly from any accident to or illness of workmen or any other person employed in any capacity whatsoever by the Insured (or any other person to whom the protection of this insurance is afforded) in, on, about, or in connection with the craft or any contract work, repair, alterations or liability of any boatyard, repairer, slipway, crane, sledge, club, or brokerage, marina, delivery skippers, sales operators or agencies or their...
Liability to Others. Insuring Agreement
1. Punitive damages awarded pursuant to the Alabama Wrongful Death Act, but not other punitive damages.
2. Prejudgment interest awarded against the insured person. We have the right to investigate, negotiate and settle any claim for damages covered by this coverage as we deem appropriate. We will settle or defend claims and lawsuits for damages covered under this Part I as we deem proper, with attorneys hired and paid for by us. In addition to our limit of liability, we will pay all defense costs we incur. Our duty to settle or defend ends:
1. When our limit of liability for damages under this coverage has been paid as a final settlement or judgment; or
2. Upon release or consent of the insured person. We have no duty to defend any lawsuit or settle any claim for bodily injury or Form 05-AL (11/18) Page 7 of 44 As used in Part I:
