Third Party Liability Coverage Sample Clauses

Third Party Liability Coverage. The Underwriter shall pay on behalf of the Insureds all Loss for which the Insureds become legally obligated to pay on account of any Third Party Claim first made against the Insureds during the Policy Period or during the Extended Reporting Period, if exercised, for a Third Party Wrongful Act.
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Third Party Liability Coverage. The Insurer shall pay on behalf of any Insured the Loss arising from a Claim for a Third Party Wrongful Act first made during the Policy Period (or Discovery Period, if applicable) against such Insured, and reported to the Insurer in accordance with Section V. of the General Terms and Conditions and Section IV. of this Coverage Section. The applicable Sublimit of Liability set forth in Item 4.A. of the Declarations is the Insurer’s maximum Limit of Liability for all Loss arising from all Claims for
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Third Party Liability Coverage. Liability coverage is limited to the minimum financial responsibility required by state law. Supplemental Liability Insurance (SLI) protects the renter against claims made by third parties due to bodily injury and/or property damage suffered as a result of an accident while the renter is operating a rental vehicle. This coverage provides the renter with third-party liability protection up to a limit of USD 250,000.00 per accident. SLI does not cover every situation that may arise when driving a rental vehicle and does not cover every risk. There may be exclusions for unauthorized or intoxicated drivers, no coverage for the main driver/uninsured driver, no coverage for certain passengers in the vehicle, and other exclusions. For the contracted insurance to be valid, the renter must call the local police immediately after the event occurred, and request an official document (police report). With this document, the renter must contact Move and present the police report to ensure protection under third-party liability coverage. SLI insurance may expire without a police notification (police report).
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Third Party Liability Coverage. The Company shall, or shall cause the applicable Launch Services Provider, to procure and maintain third-party launch liability insurance for property loss or damage and bodily injury caused by a launch vehicle or any Satellite to the extent provided in the applicable Launch Services Agreement.
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Third Party Liability Coverage. The Customer shall cause, or if the Customer is not the LSA Party, the Customer shall cause the LSA Party to cause, AE to procure and maintain launch and in orbit third party liability insurance for property loss or damage and bodily injury caused by the Launch Vehicle or the Satellite in accordance with the terms and conditions of the Launch Services Agreement, and shall cause AEF and the Lenders to be named as additional insureds thereunder. The Customer shall cause AE to extend to AEF and the Lenders the benefits of its indemnification obligation under the Launch Services Agreement for claims in excess of such third party liability insurance coverage. Without limiting (but without duplication of) the foregoing provisions of this Section 6.06(b)(iii), the Customer shall, upon the expiration of the third party liability insurance procured by AE, procure and maintain third party liability insurance coverage for property loss or damage and bodily injury caused by the Satellite after Launch in an amount on an annual basis of not less than one hundred million Dollars ($100,000,000) in the aggregate and per occurrence, naming AEF and the Lenders as additional insureds thereunder, if such insurance is then being customarily maintained (as determined by AEF) by prudent satellite owners.
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Third Party Liability Coverage. The Insurer shall be liable for any damage caused by an incident occurring within the insurance period during the business activities of the insured at the place specified in the policy as the Insurer's Address and the related activities carried out at various places within the borders of the Republic of Turkey. • Death, injury or deterioration of health of third parties, • Material damage to third party goods • Claims for non-pecuniary damages by third parties For these reasons, it guarantees the insured against the consequences of the claims to be made by third parties within the framework of the special conditions written in the policy and the General Conditions of Financial Liability Insurance Against the related Third Parties. Insurance coverage covers the liability of the insured within the framework of the provisions of the legislation on legal liability of the Republic of Turkey due to the title, activity and legal relations shown in the policy and is limited to the amounts written in the policy. The maintenance and maintenance of the buildings where the insured operates are also evaluated within the framework of the operating activities of the insured and the damages arising from the building and the liability of the insured are also included in the coverage. Liability to third parties does not include liability arising from the failure to provide commercial services to customers at all or as required. ANADOLU ANONİM TÜRK SİGORTA ŞİRKETİ Policy No: 105215621 Page: 16 / 22
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Related to Third Party Liability Coverage

  • Product Liability Insurance insurance against claims for bodily injury, death or Property damage resulting from the use of products sold by the Company or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Company and its Subsidiaries.

  • Indemnification; Liability Insurance The Company and Executive shall enter into the Company’s standard form of indemnification agreement governing his conduct as an officer and director of the Company.

  • Excess Liability Insurance $___________________ minimum required insurance policy for anything other than General Liability or Automobile coverage. ☐ - Additional Insurance Requirement: Client, Contractor, and any other entity which the Contractor is required to name as an additional insured under the Prime Contract shall be named as additional insureds under the General Liability Insurance required by this Section and any such insurance afforded to the additional insureds shall apply as primary insurance. Any other insurance maintained by the Client or Contractor shall be excess insurance and shall not be called upon to contribute to Subcontractor’s primary or excess insurance carrier’s duty to defend or indemnify unless required by law. The excess insurance required above shall also afford additional insured protection to Client and Contractor. This Section shall in no event be construed to require that additional insured insurance coverage be provided to a greater extent than permitted under the statutes or public policy governed under State law. Certificates of Insurance. Certificates of insurance, and the required additional insured and other endorsements, including waivers of subrogation shall be furnished to Contractor before the performance of any Services.

  • Aircraft Liability Insurance (i) Except as provided in clause (ii) of this subsection (a), and subject to the rights of Company to establish and maintain self-insurance in the manner and to the extent specified in Section 7.06(c), Company will carry, or cause to be carried, at no expense to Loan Trustee, aircraft liability insurance (including, but not limited to, bodily injury, personal injury and property damage liability, exclusive of manufacturer's product liability insurance) and contractual liability insurance with respect to the Aircraft (A) in amounts that are not less than the aircraft liability insurance applicable to similar aircraft and engines in Company's fleet on which Company carries insurance; provided that such liability insurance shall not be less than the amount certified in the insurance report delivered to Loan Trustee on the Closing Date, (B) of the type covering the same risks as from time to time applicable to aircraft operated by Company (or, if a Lease is then in effect, by the Permitted Lessee) of the same type as the Aircraft, and (C) that is maintained in effect with insurers of recognized responsibility. Any policies of insurance carried in accordance with this Section 7.06(a) and any policies taken out in substitution or replacement for any of such policies shall: (A) name Loan Trustee, Subordination Agent, each Pass Through Trustee, Policy Provider and Liquidity Provider as their Interests (as defined below in this Section 7.06) may appear, as additional insured (the "Additional Insureds"), (B) subject to the condition of clause (C) below, provide that, in respect of the interest of the Additional Insureds in such policies, the insurance shall not be invalidated by any action or inaction of Company and shall insure the Additional Insureds' Interests as they appear, regardless of any breach or violation of any warranty, declaration or condition contained in such policies by Company, (C) provide that, if such insurance is canceled for any reason whatever, or if any change is made in the policy that materially reduces the amount of insurance or the coverage certified in the insurance report delivered on the Closing Date to Loan Trustee, Policy Provider and Liquidity Provider, or if such insurance is allowed to lapse for nonpayment of premium, such cancellation, change or lapse shall not be effective as to any Additional Insured for 30 days (seven days, or such other period as is then generally available in the industry, in the case of any war risk or allied perils coverage) after receipt by such Additional Insured of written notice from such insurers of such cancellation, change or lapse, (D) provide that the Additional Insureds shall have no obligation or liability for premiums, commissions, assessments or calls in connection with such insurance, (E) provide that the insurers shall waive any rights of (1) set-off, counterclaim or any other deduction, whether by attachment or otherwise, in respect of any liability of the Additional Insureds to the extent of any moneys due to the Additional Insureds and (2) subrogation against the Additional Insureds to the extent that Company has waived its rights by its agreements to indemnify the Additional Insureds pursuant to the Operative Documents, (F) be primary without right of contribution from any other insurance carried by any Additional Insured with respect to its Interests as such in the Aircraft and (G) expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured. "Interests" as used in this Section 7.06(a) and in Section 7.06(b) with respect to any Person means the interests of such Person in the transactions contemplated by the Operative Documents. In the case of a lease or contract with any government in respect of the Aircraft or any Engine, or in the case of any requisition for use of the Aircraft or any Engine by any government, a valid agreement by such government to indemnify Company, or an insurance policy issued by such government, against any of the risks that Company is required to insure against hereunder shall be considered adequate insurance for purposes of this Section 7.06(a) to the extent of the risks (and in the amounts) that are the subject of such indemnification or insurance.

  • Professional Liability Insurance Professional liability insurance covering any damages caused by an error, omission or any negligent act with minimum limits as follows:

  • Public Liability Insurance which will provide indemnity against the insured parties legal liability in the event of accidental death of or injury to third party persons and/or accidental loss of or damage to third party property arising directly from the execution of the contract with a limit of indemnity of R 100 million in respect of all claims arising from any one occurrence or series of occurrences consequent on or attributable to one source or original cause. The policy will be subject to a Deductible of R25 000 for Property Damage claims only but R250 000 where Loss or Damage involves Aircraft.

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • Liability Insurance To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer.

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