Covered Indemnity Contract definition

Covered Indemnity Contract means that part of any contract or agreement pertaining to the covered party’s routine governmental operations under which the covered party assumes the tort liability of another party to pay for bodily injury or property damage to a third person or organization. This definition applies only to tort liability arising out of an occurrence to which this MOC applies. Tort liability means a liability that would be imposed by law in the absence of any contract or agreement.
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Covered Indemnity Contract means that part of any contract or agreement pertaining to the Covered Party’s routine governmental operations under which the Covered Party assumes the tort liability of another party to pay for Bodily Injury or Property Damage to a third person or organization. This definition applies only to tort liability arising out of an Occurrence to which this Memorandum of Coverage applies. Tort liability means a liability that would be imposed by law in the absence of any contract or agreement. Nothing in the term or in the definition of Covered Indemnity Contract, or in any portion of this Memorandum of Coverage which refers to Covered Indemnity Contract shall be construed as a grant of coverage. Covered Indemnity Contract is to be applied only as an exception to the exclusion for liability assumed under any contract or agreement.
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Covered Indemnity Contract means that part of a contract or agreement pertaining to the “covered party's” governmental operations, including but not limited to:
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More Definitions of Covered Indemnity Contract

Covered Indemnity Contract means that part of any contract or agreement pertaining to the covered party’s governmental operations (easements or license agreements; leases; public works contracts; service contracts; mutual aid agreements; special events sponsored by the covered party; or use of facilities or equipment by the covered party) under which the covered party assumes the tort liability of another party to pay for bodily injury or property damage to a third person or organization. Tort liability means a liability that would be imposed by law in the absence of any contract or agreement.
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Related to Covered Indemnity Contract

  • Tax Indemnity Agreement means that certain Tax Indemnity Agreement [NW ____ _], dated as of the date hereof, between the Owner Participant and Lessee, as originally executed or as modified, amended or supplemented pursuant to the applicable provisions thereof.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Environmental Damages means all liabilities (including strict liability), losses, damages (excluding consequential, special, exemplary or punitive damages except to the extent such damages were imposed upon an Indemnitee as a result of any claims made against such Indemnitee by a governmental entity or any other third party), judgments, penalties, fines, costs and expenses (including fees, costs and expenses of attorneys, consultants, contractors, experts and laboratories), of any and every kind or character, at law or in equity, contingent or otherwise, matured or unmatured, foreseeable or unforeseeable, made, incurred, suffered, brought, or imposed at any time and from time to time, whether before or after the Release Date and arising in whole or in part from:

  • Environmental Indemnity Agreement means the environmental indemnity agreement dated as of the date of this Agreement executed by Borrower for the benefit of the Indemnified Parties and such other parties as are identified in such agreement with respect to the Premises, as the same may be amended from time to time.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Related Indemnified Person of an indemnified person means (a) any controlling person or controlled affiliate of such indemnified person, (b) the respective directors, officers, or employees of such indemnified person or any of its controlling persons or controlled affiliates and (c) the respective agents of such indemnified person or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such indemnified person, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this sentence pertains to a controlled affiliate or controlling person involved in the negotiation or syndication of this Agreement and the Term Loans.

  • Third Party Liability means both of the following:

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Environmental Damage means any material injury or damage to persons, living organisms or property or any material pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Indemnified Matters has the meaning specified therefor in Section 12.15.

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Covered Losses has the meaning set forth in Section 9.2(b).

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Covered Environmental Losses means all environmental losses, damages, liabilities, claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses (including, without limitation, costs and expenses of any Environmental Activity, court costs and reasonable attorney’s and experts’ fees) of any and every kind or character, by reason of or arising out of:

  • Excluded Environmental Liabilities means any and all Environmental Liabilities whether arising before, at or after the Effective Time, to the extent relating to, resulting from, or arising out of the past, present or future operation, conduct or actions of Xxxxxxx Retained Business.

  • Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.

  • Related Party Contract has the meaning set forth in Section 3.25.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Indemnified Losses is defined in Section 5.03 of the Servicing Agreement.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.