Asbestos Liability definition

Asbestos Liability means any Liability arising out of or attributable to actual or alleged personal injuries asserted by a Person resulting from the existence, operation, maintenance, removal or disposal of any asbestos-containing materials present at any real property formerly owned, leased or occupied by any member of either Group (or any of their respective Predecessors) during the period of ownership, lease or occupancy by any member of either Group (or any of their respective Predecessors) prior to the Distribution, to the extent that a workers’ compensation program does not apply to such Person’s injuries.

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Asbestos Liability means any Ashland Global Asbestos Legacy Liability, any Ashland Global Asbestos Liability or any Valvoline Asbestos Liability.

Asbestos Liability means any Ashland Global Asbestos Legacy Liability, any Ashland Global Asbestos Liability or any Valvoline Asbestos Liability. “ Ashland Corporate Employee ” means any employee who (a) was not, at any time during the period between August 1, 2016 and the Separation Date, an

Examples of Asbestos Liability in a sentence

The insurance required in Part I, Paragraph 1.2 and/or Part II of Addendum A shall include or be endorsed to include, or a separate Asbestos Liability Insurance policy shall be maintained by Subcontractor to cover bodily injury and property damage arising out of asbestos abatement or removal operations by or on behalf of Subcontractor as required by this Subcontract.
Garage, Builder’s Risk, Installation Floater, Owners and contractors Protective Liability, Pollution (Environmental) Liability, Asbestos Liability, Railroad Protective Liability, Earthquake, Flood, Terrorism, Motor Truck Cargo Liability, Equipment Breakdown, Aircraft Liability, Marine Protection and Indemnity, Fine Art, Fiduciary.
If an endorsement cannot be obtained, the Consultant or the Consultant’s Sub-Consultants and Subcontractors shall provide separate Asbestos Liability Insurance at the same combined single limit per occurrence and annual aggregate limit as the Pollution Liability Insurance, with the policy endorsed to state that the annual aggregate limit of liability shall apply separately to this Contract.
Stockholders also allege derivatively violations of the securities laws in connection with BorgWarner's repurchase of $113 million in shares of its stock and that BorgWarner's stock price was artificially inflated as a result of the Company's failure to properly disclose the Asbestos Liability.
If an endorsement cannot be obtained, the Contractor or Subcontractor shall provide separate Asbestos Liability Insurance at the same combined single limit per occurrence and annual aggregate limit as the Pollution Liability Insurance with the policy endorsed to state that the annual aggregate limit of liability shall apply separately to the Contract.

More Definitions of Asbestos Liability

Asbestos Liability. Any liability incurred by the Company in consequence of: i) Any claim by any individual that he has suffered damage to his health by reason of exposure to asbestos incorporated in the Concorde Road Property or

Asbestos Liability. (and collectively "Asbestos Liabilities") means, to the extent related to the period prior to the Closing, (i) any claim or Proceeding against Dresser-Rand Group or any of its Subsidiaries or any of their respective predecessors or against any Person or entity whose liability for any such claim Sellers, Dresser-Rand Group or any of its Subsidiaries or any of their respective predecessors, has or allegedly has retained or assumed either contractually or by operation of Law, related to or arising from the sale or use of any Product containing asbestos, or (ii) any claim or litigation by any Person based on personal injury caused by the presence of asbestos containing material in any form or condition at any location formerly owned, leased, or operated by the Dresser-Rand Group or any of its Subsidiaries, or any subsidiary, Affiliate, or predecessor thereof, or at any location at which Dresser-Rand Group or any of its Subsidiaries, or any subsidiary, Affiliate, or predecessor thereof has or is alleged to have disposed or arranged for the disposal of any actual or alleged asbestos containing material.

Asbestos Liability means any Liability related to asbestos-containing products sold by Seller or its Subsidiaries (including the Acquired Companies) prior to the Closing and arising out of asbestos contained in such products, including any Liability arising from any of the Asbestos Actions or those items pursuant to which the Seller Group is entitled to indemnification pursuant to Section 9.1(iv) in respect of Item 3 of Schedule 9.1(iv) of the Oldcastle Agreement.

Asbestos Liability means any liabilities relating to or arising from any Asbestos Claim.

Asbestos Liability. If indicated by Special Provision, the Contractor, or the subcontractor, if the coverage is obtained by the subcontractor, shall provide an Asbestos Liability endorsement to the pollution liability coverage. If an endorsement cannot be obtained, The Contractor or subcontractor shall provide separate Asbestos Liability Insurance at the same combined single limit per occurrence and annual aggregate limit as the Pollution Liability Insurance with the policy endorsed to state that the annual aggregate limit of liability shall apply separately to the Contract. • Lead Liability - If indicated by Special Provision, the Contractor, or the subcontractor, if the coverage is obtained by the subcontractor, shall provide a Lead Liability endorsement to the pollution liability coverage. If an endorsement cannot be obtained, the Contractor or subcontractor shall provide separate Lead Liability Insurance at the same combined single limit per occurrence and annual aggregate limit as the Pollution Liability Insurance with the separate policy endorsed to state that the annual aggregate limit of liability shall apply separately to the Contract.

Asbestos Liability means any Losses (including, without limitation, defense costs) arising out of, relating to or attributable to the actual or alleged exposure of any Person to asbestos or asbestos containing material arising out of, in connection with, or as a result of the manufacture, marketing, use, sale, distribution or handling by Invensys or its Affiliates, including the Companies or the Subsidiaries, or any predecessor entities thereto, of any product containing asbestos or asbestos containing materials including, without limitation, any claim asserted by any Person related to any actual or alleged exposure to asbestos; provided 59 asbestos liabilities shall not include any claim that relates to the existence, operation, maintenance, removal or disposal of any asbestos-containing building materials present at any property owned, operated or leased by the Company or any Subsidiary. "ASSUMED SALARIED PENSION PLAN LIABILITIES" shall have the meaning set forth in Section 6.3.7.1.