Contractual Liability definition

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.

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.

Examples of Contractual Liability in a sentence

• Vendor/Contractor further agrees coverage shall not contain any endorsement(s) excluding or limiting Product/Completed Operations, Contractual Liability, or Separation of Insureds.

• This shall include Premises and/or Operations, Independent Contractors and Products and/or Completed Operations, Broad Form Property Damage, and a Contractual Liability Endorsement.

• AUTHORIZED REPRESENTATIVE Must have signature XX*IF WORKERS COMP IS NOT ON THIS CERTIFICATE – YOU MUST PROVIDE (2) CERTIFICATES FROM STATE INSURANCE FUND (ONE FOR EACH ADDITIONAL INSURED) Contractual Liability* To avoid paying claims for large Labor Law 240 third-party Law suits, some insurance companies have removed contractual liability from their policies.

• Insurance coverages shall include: • Premises - Operations • Blanket Contractual Liability • Broad Form Property Damage • Personal Injury • Operations of Independent Contractors Policy Limits: Personal Injury $1,500,000 Each Occurrence $1,500,000 The $1,500,000 policy limits may be a combination of underlying and excess liability (follows form) policies.

• The Commercial General Liability Insurance shall be written on an occurrence basis, and provide Premises/Operations, Products/Completed Operations, Independent Contractors, Personal Injury, and Contractual Liability coverage.

More Definitions of Contractual Liability

Contractual Liability means liability howsoever arising under or in relation to the subject matter of this Agreement (including, without limitation, liability arising under the indemnity at Clause 17) that is not: (a) unlimited by virtue of Clause 18.1; or (b) excluded pursuant to Clauses 18.2 and 18.3.

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.