Common use of Principals Clause in Contracts

Principals. The insurer will indemnify any party including any principal whom, under contract or agreement, the public authority has agreed to indemnify and/or insure but only to the extent required by such contract or agreement and only to the extent that liability arises solely out of the work performed for the principal by or on behalf of the public authority and provided that: a) the principal shall as though he were the public authority observe, fulfil and be subject to the terms and conditions of this policy in so far as they can apply; and b) the insurer’s liability under this clause shall in no way operate to increase the limit of indemnity or any applicable sub-limit of indemnity. and, for the avoidance of doubt, to the extent only of the indemnity provided by this insured section.

Principals. The insurer will indemnify any party including any principal whom, whom under contract or agreement, agreement the public authority insured has agreed to indemnify and/or insure but only to the extent required by such contract or agreement and only to the extent that liability arises solely out of the work performed for the principal by or on behalf of the public authority insured and provided that: a) the principal shall such party shall, as though he they were the public authority insured, observe, fulfil and be subject to the terms and conditions of this policy in so far as they can apply; and b) the insurer’s liability under this clause shall in no way operate to increase the limit of indemnity or any applicable sub-limit of indemnity. and, for the avoidance of doubt, to the extent only of the indemnity provided by this insured section.