Owners Risk definition

Owners Risk means that the goods are held upon the terms that the carrier shall be liable for any loss of whatsoever nature and as a consequence of the goods being in the Carrier’s possession. The Customer will indemnify the carrier against all claims that be made against the carrier arising from the carriage retention or storage of such goods.
Sample 1Sample 2Sample 3
Owners Risk means that the sale and payment by the Buyer for the cattle is conditional on there being no outbreak or suspected outbreak o f Bovine Spongiform Encephalopathy or Foot and Mouth Disease in Australia after the date of the contract or the carcasses not bein g condemned at xxxxxxxxx / boning or rejected for export by authorised meat inspection staff. Unsound cattle are consigned, conditional on there being no outbreak or suspected outbreak of Bovine Spongiform Encephalopathy or Foot and Mouth Disease in Austra lia after the date of the contract between the Buyer and the Vendor. If any of these events occur the Buyer shall be entitled to terminate the contract and the Buyer will not be required to make payment to the Vendor for the cattle or provide the Vendor any compensation in respect of cattle slaughtered. Upon termination the Vendor shall be entitled to the return, at its own cost, of cattle not slaughtered.
Sample 1
Owners Risk means that the Goods are held upon terms that the Carrier shall not be liable for any loss of whatsoever nature and howsoever caused including negligence in relation to the Goods or as a consequence of the Goods being in the Carrier’s possession.
Sample 1Sample 2

Examples of Owners Risk in a sentence

  • Any shipment that is shipped at the Owner's Risk shall relieve the carrier from liability for any loss or damage to the shipment.

  • NOTE 1: Materials which congeal solidify or freeze above normal temperature of 32 degrees Fahrenheit shall be at Owner's Risk of freezing after carrier has provided normal heating service.

  • Such insurance shall be provided by insurer(s) satisfactory to the Owner's Risk Manager, and evidence of such programs satisfactory to the Owner Risk Manager, shall be delivered to the CEO, Real Estate Division, on or before the effective date of this Agreement.

  • Submit deviations or waiver of required coverage or minimums in writing to Owner's Risk Manager for approval as a condition of this Agreement.

  • EasyHire Motorhome offer Free Car Parking at our Depot Location at Xxxx 0, Xxx Xxxxxx, Xxxxxxx Xxxx, Loppington, Shropshire, SY4 5NE for your car whilst you are away, however, vehicles are left entirely at the Owners Risk.

  • Materials which congeal, solidify or freeze above normal temperature of 0 degrees Celsius shall be at Owner's Risk of freezing after Carrier has provided normal heating service.

  • Model governance is documented in the Model Risk Policy and Control Standards, defining the Risk Owners, Risk Framework Owners and governance committee structure for Model Risk (refer to section 4.3).

  • The second positivity was distributed around the Centro-Parietal sites and peaking at 314 msec.

  • Contractor may, with the prior written consent of Owner's Risk Manager, fulfill some or all or the insurance requirements contained in the Contract under a plan of self-insurance.

  • Should Manager desire to carry self-insured retention in excess of $100,000 per occurrence on the policies required in 17.1(c), Manager may make such request in writing to Owner and Owner's Risk Manager shall determine, in Owner's sole discretion, whether to grant such request.


More Definitions of Owners Risk

Owners Risk means that the goods are held upon terms that the Company shall not be liable for any loss of whatsoever nature and howsoever caused including negligence in relation to the goods or as a consequence of the goods being in the Company’s possession. The Customer will indemnify without limitation the Company against all claims that may be made against the Company arising from the storage or warehousing of such goods.
Sample 1
Owners Risk. This means that damages that occur unintentionally are not the responsibility of the carrier.
Sample 1
Owners Risk has no definite meaning. The circumstances of each case must be taken : ito consideration. The case of XxXxxxxx v. The Fur­ ness Railway Co. (L.R. 8 Q.B. 57) is distinguishable, because by English law a carrier of the person is not an insurer.
Sample 1

Related to Owners Risk

  • operational risk means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risk;

  • Sustainability Risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment;

  • Owners means any, all, or a combination of the City of Lincoln, NE, County of Lancaster, Nebraska, Xxxxxxx-Xxxxxxxxx County Public Building Commission, and/or the West Haymarket Joint Public Agency and their elected and appointed officials, officers, employees, agents, contractors, and consultants.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • War Risks means any event specified in paragraphs (a) and (b) of CC Sub-Clause 37.1 and any explosion or impact of any mine, bomb, shell, grenade or other projectile, missile, munitions or explosive of war, occurring or existing in or near the country (or countries) where the Site is located.

  • Salvage Yard means any non-residential property used for the storage, collection, and/or recycling of any type of equipment, and including but not limited to vehicles, appliances and related machinery.

  • All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.

  • systemic risk means a risk of disruption in the financial system with the potential to have serious negative consequences for the financial system and the real economy;

  • Salvage operation means any business, trade or industry engaged in whole or in part in salvaging or reclaiming any product or material, including but not limited to metals, chemicals, shipping containers or drums.

  • Other Contractor means any party or parties having a direct Contract with the Employer for Work outside the scope of this Contract and shall include any Sub-Contractor of this “Other Contractor”

  • high risk breach means that the threshold for notifying the individual is higher than that for notifying the relevant supervisory authority.

  • Historic building means a building, including its structural components, that is located in this state and that is either individually listed on the national register of historic places under 16 U.S.C. 470a, located in a registered historic district, and certified by the state historic preservation officer as being of historic significance to the district, or is individually listed as an historic landmark designated by a local government certified under 16 U.S.C. 470a(c).