Liability to Others Sample Clauses

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.
AutoNDA by SimpleDocs
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 We will provide insurance for any accident you have while you are driving, using or in charge of your vehicle or while you are loading or unloading it. We will insure you for all amounts you may legally have to pay for causing death or injury to other people. The most we will pay for property damage is £5,000,000 for any claim or claims arising out of one incident. We will pay up to £5,000,000 for any costs and expenses arising out of a claim or claims arising from one incident. If there is a property-damage claim made against more than one person covered by this insurance, we will first deal with any claim made against you. Other people driving or using your vehicle In the same way you are insured, we will also cover the following people: • Any person you allow to drive or use your vehicle, as long as this is allowed by your current certificate of motor insurance and has not been excluded by an endorsement, exception or condition • Any passenger who has an accident while travelling in or getting into or out of the insured vehicle, as long as you ask us to cover the passenger Legal personal representatives After the death of anyone who is covered by this insurance, we will deal with any claim made against that person’s estate, as long as the claim is covered by this insurance. Cover for principals As far as is necessary to meet the requirements of any agreement or contract entered into by you for the performance of work, we will insure the principal at your request - provided the principal complies with the terms and conditions of this insurance in so far as they can apply. Legal costs In respect of any event which is covered under this section, if we first agree in writing, we will arrange and pay: • Up to £35,000 towards your legal fees and expenses for defending legal proceedings, including appeals, and • Up to £1,000,000 towards the cost of any prosecution awarded against you arising from any health-and-safety enquiry or criminal proceedings for breaking the: o Health and Safety at Work Act 1974 o Health and Safety at Work (Northern Ireland) Order 1978 or o Corporate Manslaughter and Corporate Homicide Act 2007 We will not provide this cover: • Unless the proceedings relate to an actual or alleged act, failure to act or accident that happens during the period of insurance within the United Kingdom and in connection with your business • Unless the proceedings relate to an actual or alleged act, failure to act or accident arising fro...
Liability to Others. Driving your vehicle We will provide insurance for any accident you have while you are driving, using or in charge of your vehicle or while you are loading or unloading it. We will insure you for all amounts you may legally have to pay for causing deathor injury to other people. The most we will pay for property damage is £20,000,000 for any claim or claims arising out of one incident. We will pay up to £5,000,000 for any costs and expenses arising out of a claim or claims arising from one incident. If there is a property-damage claim made against more than one person covered by this insurance, we will first deal with any claim made against you. Driving other cars You are not insured against: ▪ Any loss or damage to the vehicle you are driving ▪ any event which happens outside of the United Kingdom ▪ any legal responsibility if you no longer have possession of the insured vehicle ▪ any event which happens when this insurance si not in the name of an individual person ▪ any legal responsibility unlessthe vehicle is insured against third party road risks in its own xxxxxxx ▪ securing the release of a vehicle that has been seized by or on behalf of the police or any public or local authority We will also provide the cover shown above (if this is shown on your certificate of motor insurance) to drive any vehicle permission to drivethe private car. Other people driving or using your vehicle In the same way you are insured, we will also cover the following people: ▪ Any person you allow to drive or use your vehicle, as long as this is allowed by your current certificate of motor insurance and has not been excluded by an endorsement, excepotin or condition ▪ Any passenger who has an accident while travelling in or getting into or out of the insured vehicle, as long as yuo ask us to cover the passenger Legal personal representatives After the death of anyone who is covered by this insurance, we will deal wit estate, as long as the claim is covered by this insurance.
Liability to Others. Insuring Agreement Subject to the limits of liability, if you paid the premium for coverage for Liability To Others, we will pay damages for bodily injury or property damage for which any insured person becomes legally responsible because of a car accident. Damages include 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 when our limit of liability for damages under this coverage has been paid. We have no duty to defend any lawsuit or settle any claim for bodily injury or property damage not covered under this policy. The coverage afforded under this policy shall be at least as extensive as the minimum liability coverage required by Georgia law, as amended. Additional Definition for Part I Only As used in Part I:
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 48-2c-601 of the LLC Law (or any successor thereto). 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.
AutoNDA by SimpleDocs
Liability to Others. Insuring Agreement Subject to the limits of liability, if you paid the premium for coverage for Liability To Others, we will pay damages for bodily injury or property damage for which any insured person becomes legally responsible because of a car accident. Damages include 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 when our limit of liability for damages under this coverage has been paid. We have no duty to defend any lawsuit or settle any claim for bodily injury or property damage not covered under this part.
Liability to Others. Insuring Agreement Subject to the limits of liability, if you paid the premium for coverage for Liability To Others, we will pay damages for bodily injury or property damage for which any insured person becomes legally responsible because of a car accident. Damages include:
Liability to Others. Insuring Agreement Subject to the limits of liability, if you paid the premium for coverage for Liability To Others, we will pay damages, other than punitive damages, for bodily injury or property damage for which any insured person becomes legally responsible because of a car accident. Damages include 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 when our limit of liability for damages under this coverage has been paid. We have no duty to defend any lawsuit or settle any claim for bodily injury or property damage not covered under this policy. Liability coverage provided under this Part I shall be provided in accord with and subject to all provisions of the Vehicle Insurance and Financial Responsibility Law of the Arizona Revised States, as amended, for bodily injury and property damage. If we make a payment to meet this requirement that we would not have otherwise paid under the terms of this policy, the insured person must reimburse us.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!