Common use of PRINCIPAL’S INDEMNITY Clause in Contracts

PRINCIPAL’S INDEMNITY. Section 2 is extended to indemnify the principal of any construction or works project for their vicarious liability: 1. where the liability arises in connection with the use by the insured of an insured vehicle on that project, and 2. the liability is for accidental loss to property or accidental bodily injury occurring in New Zealand during the period of insurance.

PRINCIPAL’S INDEMNITY. Section 2 is extended to indemnify the principal of any construction or works project for their vicarious liability: : 1. where the liability arises in connection with the use by the insured of an insured vehicle on that project, and and 2. the liability is for accidental loss to property or accidental bodily injury occurring in New Zealand during the period of insurance.

PRINCIPAL’S INDEMNITY. Section 2 is extended to indemnify the principal of any construction or works project for their vicarious liability: 1. where the liability arises in connection with the use by the insured of an insured vehicle on that project, for which the insured is legally liable; and 2. the liability is for accidental loss to property or accidental bodily injury occurring in New Zealand during the period of insurance.

PRINCIPAL’S INDEMNITY. Section 2 is extended to indemnify the principal of any construction or works project for their vicarious liability:their 1. where the liability arises in connection with the use by the insured of an insured vehicle on that project, and 2. the liability is for accidental loss to property or accidental bodily injury occurring in New Zealand during the period of insurance.