Examples of Default Liability in a sentence
The inclusion of any item in any section of the Disclosure Schedule shall not constitute an admission that a violation, right of termination, Default, Liability or other obligation of any kind exists with respect to such item, but rather is intended only to respond to certain representations and warranties in this Agreement and to set forth other information required by this Agreement.
Following any such sale, Lessor shall deduct from the Default Liability the amount of any proceeds obtained upon disposition of the Equipment, less any costs or expenses incurred by Lessor in connection with the repossession, storage, restoration and/or disposition of the Equipment.
For the avoidance of doubt, the Partners agree that the Council will not be liable for Losses or Default Liability arising from the performing or overseeing of certain clinical tasks, such as clinical/medical diagnosis, or the prescription of medicine (“Clinical Liability”).
For the avoidance of doubt, the Partners will put in place insurance to cover Losses or Default Liability arising from clinical negligence by their respective organisations or contracts.
The Club excludes its Default Liability for any special, indirect or consequential loss, any loss of profit, use, bargain, production, business, revenue, use, contract or goodwill, and any liability of the Client for losses suffered by third parties.