Third Party Loss Sample Clauses
The Third Party Loss clause defines how losses or damages suffered by parties other than those directly involved in the contract are addressed. Typically, this clause outlines the responsibilities and liabilities of the contracting parties if a third party claims compensation due to actions or omissions related to the contract, such as a customer suing for defective products or a bystander injured during service delivery. Its core function is to allocate risk and clarify which party bears responsibility for third-party claims, thereby reducing uncertainty and potential disputes over liability.
Third Party Loss. If You have not made Your own insurance arrangements or Your insurer refuses to accept Your claim:
(a) if there is Third Party Loss arising from an Accident You must pay the Damage Excess set out in the Rental Agreement; and
(b) payment of the Damage Excess under clause 8.3(a), is additional to Your obligations under clause 8.2 to pay for the repair or replacement cost of the Vehicle if there is Damage to it or it is stolen.
Third Party Loss. In addition to the above, the RoL shall have obligations of confidentiality to members of the Hitachi, Ltd. Group, GE-Hitachi Nuclear Energy Americas LLC and Global Nuclear Fuel-Americas, LLC on the same terms (to apply mutatis mutandis) as its obligations to the Strategic Investor under this Clause 13 (Confidentiality).
Third Party Loss. “Third Party Loss” means any Loss or Liability resulting from or relating to a claim or cause of action asserted by a third party.
Third Party Loss. Panuku shall not be liable and accepts no responsibility for consequential loss, loss or damage to boats, craft, third party property or persons using the same within the confines of, or near to the Marina and Panuku shall not be liable to the Customer or any person for any loss or damage incurred or suffered within the Marina however the same occurs and whether or not such happening is attributable to the acts, defaults or negligence of Panuku, or its servants or agents or contractors or otherwise howsoever.
Third Party Loss. Subject to these Terms and Conditions, We will indemnify You and any Authorised Driver for the theft, any Damage or Third Party Loss but You must pay up to:
Third Party Loss. You must also pay a minimum Security Bond of $1,200.
Third Party Loss. Eke Panuku shall not be liable and accepts no responsibility for consequential loss, loss or damage to boats, craft, third party property or persons using the same within the confines of, or near to the Marina and Eke Panuku shall not be liable to the Customer or any person for any loss or damage incurred or suffered within the Marina however the same occurs and whether or not such happening is attributable to the acts, defaults or negligence of Eke Panuku, or its servants or agents or contractors or otherwise howsoever.