Professional Liability and Claims Sample Clauses

Professional Liability and Claims. 12.1. The Services Provider undertakes, by way of a fundamental undertaking the permeates to the root of this Agreement, to notify the Company in writing immediately upon the occurrence of an event which can be considered as an event that carries the risk that, thereafter, a claim shall be filed against the Services Provider and/or the Company in respect of negligence and/or an omission and/or an act as part of the provision of the Services to the Company. 12.2. In addition, the Services Provider undertakes to notify the Company in writing of any claim and/or demand and/or letter and/or complaint filed against him concerning his engagement as a provider of services, immediately and without delay. In his said notice, the Services Provider shall specify all the details of the case and will provide the Company with the relevant documents, all in order that the Company can consider the continued provision of the Services Provider's services by the Services Provider to the Company, in view of the case.
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Professional Liability and Claims. 12.1. The Service Provider fundamentally undertakes to inform the Company in writing and immediately upon the occurrence of an event that in which there is a concern that a claim shall be filed as a result of it against the Service Provider and/or the Company for negligence and/or an omission and/or action in the framework of providing the services to the Company. 12.2. In addition the Service Provider undertakes to inform the Company in writing of any claim and/or demand and/or letter and/or complaint that shall be filed against him following his engagement as a Service Provider immediately and without delay. In such notice the Service Provider shall set forth all the details of the event and he shall furnish to the Company all the relevant documents all so that the Company may consider the continuation of receiving services form the Service Provider in light of the event.
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Professional Liability and Claims. 10.1 The Services Provider undertakes, to notify the Company in writing immediately upon the occurrence of an event which can be considered as an event that carries the risk that, thereafter, a claim shall be filed against the Services Provider and/or Service-Providing Worker and/or the Company in respect of negligence and/or an omission and/or an act as part of the provision of the Services to the Company. 10.2 In addition, the Services Provider undertakes to notify the Company in writing of any claim and/or demand and/or letter and/or complaint filed against him concerning his engagement as a Provider of Services, immediately and without delay. In his said notice, the Services Provider shall specify all the details of the case and will provide the Company with the relevant documents, all in order that the Company can consider the continued provision of the Services Provider's Services by the Services Provider to the Company, in view of the case. 10.3 Company exempts the Service Provider from any obligation to indemnify except if Service Provider acted intestinally or didn't render to the Company information regarding a claim or claims that prevented Company to defend itself in court ("Case of Damage"). In a Case of Damage Service Provider shall indemnify the Company for any direct damage and / or direct expenditures incurred by the Company as a result of damage. 10.4 In addition, and without derogating from any additional rule in this Agreement, Company shall have the right to cancel this Agreement immediately following the occurrence of an event that caused Company severe damage and that occurred following an act of intent by the Service Provider.
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Professional Liability and Claims. 10.1. The Service Provider undertakes to notify the Company immediately after an event has occurred that constitutes an event where there is a concern that a claim shall be filed against the Service Provider and/or Employees of the Service Provider and/or the Company following event for negligence and/or an omission and/or action in the framework of providing the Services to the Company. 10.2. In addition, the Service Provider undertakes to notify the Company in writing of any claim and/or demand and/or letter and/or complaint that shall be submitted against it following the Services provided, immediately after it has become aware of its existence. The Service Provider shall set forth in this notice as mentioned the details of the event as these are known to it, and it shall furnish to the Company the relevant documents which are in its possession. 10.3. The Company exempts the Service Provider from any duty to indemnify, including according to law, except for the event in which it maliciously acted (including by concealing information) or did not inform the Company of the existence of a lawsuit or claim that is known to it in a manner that prevented the Company the possibility of defending itself (the “Damage Event”). In the event of a damage event, the Service Provider shall indemnify the Company in accordance with a judgment the execution of which was not delayed for any direct damage and/or direct expense that shall be caused to the Company as a direct result of the damage event. 10.4. In addition, and without derogating from any other provision in this agreement, the Company shall have the right to immediately cancel this agreement upon the occurrence of an event that causes grave damage to the Company and which has occurred as a result of a malicious action of the Service Provider.
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Professional Liability and Claims. 14.1 The services provider undertakes, by a fundamental undertaking which goes to the root of this agreement, to inform the company immediately and in writing of the occurrence of an event as a consequence of which there is a suspicion that a claim will be lodged against the services provider and/or the company on account of negligence and/or an omission and/or an act in connection with the provision of the services to the company. 14.2 In addition, the services provider undertakes to inform the company in writing of any claim and/or demand and/or letter and/or complaint which is lodged against him as a result of his activities as the services provider, immediately and without delay. In his aforesaid notice the services provider shall set out all the details of the incident and shall furnish the company with the relevant documents, so that the company may consider the continued provision of the services by the services provider to the company in the light of the incident. 14.3 The services provider undertakes to indemnify the company for any damage and/or expense caused to it in connection with and/or as a result of what is stated in this clause 14. 14.4 In addition, and without derogating from any other provision of this agreement, including clause 14.3 above, the company shall have the right to cancel this agreement forthwith immediately upon the occurrence of any of the events mentioned in this clause 14 above. 14.5 Notwithstanding the aforesaid, the company undertakes to indemnify the services provider for any damage, loss or expense caused to the services provider as a result of provision of misleading information by the company to the services provider, maliciously or intentionally.
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Professional Liability and Claims. 13.1. The Service Provider fundamentally and inherently undertakes to notify the Company promptly and in writing upon the occurrence of an event which constitutes an event that gives rise to a concern pursuant to which a claim will be filed against the Service Provider and/or the Service Provider’s Employee and/or the Company, due to negligence and/or an omission and/or an act in the context of the rendering of the Services to the Company. 13.2. In addition, the Service Provider undertakes to notify the Company in writing of any claim and/or demand and/or letter and/or complaint which is filed against it pursuant to its work as a Service Provider immediately and without delay. In its aforesaid notice the Service Provider will specify all of the details of the case and produce the relevant documents to the Company, all for the Company to be able to consider the continued provision of the Service Provider’s Services by the Service Provider to the Company in view of the event.
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Professional Liability and Claims. 13.1. The Service Provider fundamentally undertakes to inform the Company in writing and immediately upon the occurrence of an event that in which there is a concern that a claim shall be filed as a result of it against the Service Provider and/or the Company for negligence and/or an omission and/or action in the framework of providing the services to the Company. 13.2. In addition the Service Provider undertakes to inform the Company in writing of any claim and/or demand and/or letter and/or complaint that shall be filed against him following his engagement as a Service Provider immediately and without delay. In such notice the Service Provider shall set forth all the details of the event and he shall furnish to the Company all the relevant documents all so that the Company may consider the continuation of receiving services form the Service Provider in light of the event. 13.3. In addition, the Company shall purchase D&O insurance as customary and it shall present for the approval of the general meeting of the shareholders of the Company granting an exemption and indemnification to officers in the Company, including, granting an exemption and indemnification to the Service Provider
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Related to Professional Liability and Claims

  • Professional Liability Before commencing work on this Agreement and throughout the term of this Agreement, the Party shall procure and maintain professional liability insurance for any and all services performed under this Agreement, with minimum coverage of $1,000,000 per occurrence, and $3,000,000 policy aggregate.

  • PROFESSIONAL LIABILITY AND CYBER LIABILITY INSURANCE COVERAGE In addition to the insurance required in Attachment C to this Contract, before commencing work on this Contract and throughout the term of this Contract, Contractor agrees to procure and maintain (a) Technology Professional Liability insurance for any and all services performed under this Contract, with minimum third party coverage of $1,000,000.00 per claim, $2,000,000.00 aggregate. To the extent Contractor has access to, processes, handles, collects, transmits, stores or otherwise deals with State Data, Contractor shall maintain first party Breach Notification Coverage of not less than $1,000,000.00. Before commencing work on this Contract the Contractor must provide certificates of insurance to show that the foregoing minimum coverages are in effect. With respect to the first party Breach Notification Coverage, Contractor shall name the State of Vermont and its officers and employees as additional insureds for liability arising out of this Contract.

  • Professional Liability (Errors & Omissions Insurance with limits of not less than $1,000,000 each occurrence, $2,000,000 aggregate. Such insurance will cover all professional services rendered by or on behalf of PROVIDER and its subcontractors under this Agreement. Renewal policies written on a claims-made basis will maintain the same retroactive date as in effect at the inception of this Agreement. If coverage is written on a claims-made basis, PROVIDER agrees to purchase an Extended Reporting Period Endorsement, effective for two (2) full years after the expiration or cancellation of the policy. No professional liability policy written on an occurrence form will include a sunset or similar clause that limits coverage unless such clause provides coverage for at least three (2) years after the expiration of cancellation of this Agreement.

  • Professional Liability (Errors and Omissions) For consultant contracts, insurance appropriate to Consultant’s profession, with limit no less than $1,000,000 per occurrence or claim, $2,000,000 aggregate.

  • Professional Liability Coverage Consultant shall maintain professional errors and omissions liability insurance for protection against claims alleging negligent acts, errors or omissions which may arise from Consultant or by its employees, or subcontractors. The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis, or a combined single-limit per occurrence basis.

  • Professional Liability Insurance Professional liability insurance covering any damages caused by an error, omission or any negligent act with minimum limits as follows: i. $1,000,000 each occurrence; and ii. $1,000,000 general aggregate.

  • Errors and Omissions, Professional Liability or Malpractice Insurance Contractor may be required to carry errors and omissions, professional liability or malpractice insurance. All policies shall remain in force through the life of this Contract and shall be payable on a "per occurrence" basis unless County specifically consents to a "claims made" basis. The insurer shall supply County adequate proof of insurance and/or a certificate of insurance evidencing coverages and limits prior to commencement of work. Should any of the required insurance policies in this Contract be cancelled or non-renewed, it is the Contractor’s duty to notify the County immediately upon receipt of the notice of cancellation or non-renewal. If Contractor does not carry a required insurance coverage and/or does not meet the required limits, the coverage limits and deductibles shall be set forth on a waiver, Exhibit C, attached hereto. Failure to provide and maintain the insurance required by this Contract will constitute a material breach of this Contract. In addition to any other available remedies, County may suspend payment to the Contractor for any services provided during any time that insurance was not in effect and until such time as the Contractor provides adequate evidence that Contractor has obtained the required coverage.

  • Professional Liability (Errors and Omissions) Insurance Limits shall not be less than the following: (a) For Projects with a budgeted construction cost of more than $30,000,000: i. For Design Professionals – $3,000,000 per claim and $4,000,000 in aggregate coverage; ii. For Subconsultant Engineers and Architects – $2,000,000 per claim and $3,000,000 in aggregate coverage; iii. For Other Consultants – $1,000,000 per claim and $2,000,000 in aggregate coverage. At the Design Professional’s request, the Owner may, at its sole discretion, agree to a lower limit for certain consultants. (b) For Projects with a budgeted construction cost of $20,000,000 up to $30,000,000: i. For Design Professionals – $2,000,000 per claim and $3,000,000 in aggregate coverage; ii. For Subconsultant Engineers and Architects – $1,000,000 per claim and $2,000,000 in aggregate coverage; iii. For Other Consultants – $1,000,000 per claim and $1,000,000 in aggregate coverage. At the Design Professional’s request, the Owner may, at its sole discretion, agree to a lower limit for certain consultants. (c) For Projects with a budgeted construction cost of less than $20,000,000: i. For Design Professionals – $1,000,000 per claim and $1,000,000 in aggregate coverage; ii. For Subconsultant Engineers and Architects – $1,000,000 per claim and $1,000,000 in aggregate coverage; iii. For Other Consultants – $1,000,000 per claim and $1,000,000 in aggregate coverage. At the Design Professional’s request, the Owner may, at its sole discretion, agree to a lower limit for certain consultants. (d) The Design Professional shall maintain professional liability insurance that shall be either a practice policy or project-specific coverage. Professional liability insurance shall contain prior acts coverage for services performed by the Design Professional for this Project. If project-specific coverage is used, these requirements shall be continued in effect for three years following the issuance of the Certificate of Final Completion for the Project.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

  • Personal Liability 14.1 In the case of a Fund organized as a Massachusetts business trust, a copy of the Declaration of Trust of the Fund is on file with the Secretary of The Commonwealth of Massachusetts, and notice is hereby given that this instrument is executed on behalf of the Board of Trustees of the Fund as Trustees and not individually and that the obligations of this instrument are not binding upon any of the Trustees or shareholders individually but are binding only upon the assets and property of the Fund; provided, however, that the Declaration of Trust of the Fund provides that the assets of a particular Series of the Fund shall under no circumstances be charged with liabilities attributable to any other Series of the Fund and that all persons extending credit to, or contracting with or having any claim against, a particular Series of the Fund shall look only to the assets of that particular Series for payment of such credit, contract or claim.

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