Contractual Liability definition

Contractual Liability is added to the subcontractors' certificate and request "No exclusion for contractual liability or injury to employees" in the "Description of Operations" section.

Contractual Liability means liability howsoever arising under or in relation to the subject matter of this Contract that is not:

Contractual Liability means liability which attaches by virtue of a contract or agreement but only to the extent to which it would have attached in the absence of such contract or agreement.

Examples of Contractual Liability in a sentence

• Contractor and its subcontractors shall effect and maintain any insurance coverage, including, but not limited to, Workers’ Compensation, Employers’ Liability, General Liability, Contractual Liability, Automobile Liability and Umbrella Liability to support such financial obligations.

• Coverage must be afforded under a Commercial General Liability policy with limits not less than: • $1,000,000 each occurrence and $2,000,000 project aggregate for Bodily Injury, Property Damage, and Personal and Advertising Injury • $1,000,000 each occurrence and $2,000,000 project aggregate for Products and Completed Operations Policy must include coverage for Contractual Liability, Independent Contractors, and contain no exclusions for explosion, collapse, or underground.

More Definitions of Contractual Liability

Contractual Liability means liability howsoever arising under or in relation to the subject matter of this Contract that is not: (a) unlimited by virtue of Clause 11.1; or (b) excluded pursuant to Clauses 11.2 and 11.3.

Contractual Liability means that the liability is restricted to the direct contracting party and therefore to one level of subcontracting. As a result, no chain liability arises. For instance, the principal contractor is liable only for its direct contractor, and that contractor only for its direct subcontractor in turn. This kind of liability can be found in Austria (Anti-Abuse Act); Finland (Liability Act), France (liability regarding (bogus) subcontracting and liability regarding illegal or undeclared work) and Germany (liability provisions for tax obligations in construction). In Austria, this liability is restricted to the highest level in the subcontracting chain – that is, to the principal contractor, according to the Anti- Abuse Act (Article 7c.3 of AVRAG). Finally, the Belgian Liability Act of 2008 contains mainly a contractual liability; nevertheless, under certain circumstances, this liability may acquire a joint nature.

Contractual Liability means a contract or other agreement that obligates a third party

Contractual Liability means a contract or other agreement that obligates a third party to indemnify a creditor under (g)(4) of this section and is insurance under the insurance laws of this state.

Contractual Liability means the debt or risk a party takes on or assumes when it enters into an agreement with another party or parties, usually expressed in a written and binding contract;

Contractual Liability endorsement insuring Tenant's performance of Tenant's obligation to indemnify Landlord contained in paragraph 10.3, and (ii) a "fire legal liability" endorsement;

Contractual Liability for the liability assumed by Supplier under the Section entitled "Indemnification" General Liability Insurance requirements for sole proprietors operating as IBM suppliers will be satisfied by procuring a Business Owners Policy with a $1,000,000 limit of liability.