Coverage B. Third Party Liability Clause Samples

Coverage B. Third Party Liability. If a sum insured is shown under Section B of the insuring agreement declaration page, we provide coverage for any sum or sums which you or any other covered person become legally liable to pay and shall pay as a result of ownership or operation of the Scheduled Vessel. We will settle or defend as we deem appropriate any claims or suits brought against you, using attorneys of our choice where we deem necessary. Our obligation to settle or defend all third party liability claims under this insuring agreement ends when the amount we pay for damages, investigation costs, legal expenses and removal of wreck equals the sum insured under this section of the insuring agreement. The deductibles shown on the insuring agreement declaration page shall apply to each third party liability claim.
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Coverage B. Third Party Liability. If a sum insured is shown under Section B of the Insuring Agreement Declaration Page, We provide coverage for any sum or sums which You or any other Covered Person become legally liable to pay and shall pay as a result of ownership or operation of Scheduled Vessel. We will settle or defend as We deem appropriate any claims or suits brought against You, using attor‐ neys of Our choice where We deem necessary. Our obligation to settle or defend all third party liability claims under this Insuring Agreement ends when the amount We pay for damages, investigation costs, legal expenses and removal of wreck equals the sum insured under this section of the Insuring Agree‐ ment. The Deductibles shown on the Insuring Agreement Declaration Page shall apply to each third party liability claim. Unless specifically agreed by us in writing and an additional premium paid, Liability cover is not provided for: i. Covered Persons with regard to their liability to You, other Covered Persons, Your spouse, other members of Your Family or persons who reside in Your household. ii. Your liability to other Covered Persons, Your spouse, other members of Your Family or persons who reside in Your household. iii. Liability assumed by You under any contract or agreement. iv. Liability which arises while the Scheduled Vessel is being transported on its own trailer or other‐ wise, except where the Scheduled Vessel is being hauled out or launched by a Covered Person. v. Fines or penalties imposed by any Government agency. vi. Punitive or exemplary damages however described. vii. Liability due to pollution by any substance whether it be gradual, or sudden and accidental except as provided for in the Pollution Coverage Extension of this Insuring Agreement. viii. Intentional acts. ix. Bodily injury or death benefits which are required to be or are covered by any State or Federal Act or Statute or any other compensatory statute. x. Bodily injury or death benefit to any persons employed by a Covered Person, hired as crew or not. xi. Liability to persons being towed, or to be towed, or having been towed in the water or in the air, from the time they commence to leave the Scheduled Vessel, until they are safely back on board, other than that provided under Coverage B, Water Activities Coverage Limitation of Liability. xii. Liability to or for divers operating from the Scheduled Vessel, from the time they commence to leave the Scheduled Vessel, until they are safely back on board. xiii. Liability ...
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Coverage B. Third Party Liability. If a sum insured is shown under Section B of the Insuring Agreement Declaration Page, We provide coverage for any sum or sums which You or any other Covered Person become legally liable to pay and shall pay as a result of ownership or operation of Scheduled Vessel. We will settle or defend as We deem appropriate any claims or suits brought against You, using attor‐ neys of Our choice where We deem necessary. Our obligation to settle or defend all third party liability claims under this Insuring Agreement ends when the amount We pay for damages, investigation costs, legal expenses and removal of wreck equals the sum insured under this section of the Insuring Agree‐ ment. The Deductibles shown on the Insuring Agreement Declaration Page shall apply to each third party liability claim.
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Related to Coverage B. Third Party Liability

  • Third Party Liability For the purposes of the Contracts (Rights of Third Parties) ▇▇▇ ▇▇▇▇ this Agreement is not intended to, and does not, give any person who is not a party to it any right to enforce any of its provisions.

  • Third Party Liability Insurance Article 30 - Discipline

  • PARTY LIABILITY Contractor’s total liability under this Agreement, whether for breach of contract, warranty, negligence, strict liability, in tort or otherwise, is limited to the price of the particular products/services sold hereunder. Contractor agrees either to refund the purchase price or to repair or replace product(s) that are not as warranted. Contractor accepts liability to repay, and shall repay upon demand to END USER, any amounts determined by H-GAC, its independent auditors, or any state or federal agency, to have been paid in violation of the terms of this Agreement.

  • Products and Completed Operations Personal Injury Liability Contractual Liability The policy shall be on an occurrence form and limits shall not be less than: $1,000,000 Each Occurrence $2,000,000 General Aggregate $1,000,000 Products/Completed Operations Aggregate $1,000,000 Personal & Advertising Injury

  • University Liability a. The University assumes no legal obligation to pay for injury to persons, or the loss of or damage to any personal property. Students (and their parents or guardians) are strongly encouraged to purchase and maintain appropriate renter's insurance.