Liability / Liability insurance Sample Clauses
Liability / Liability insurance. 11.1 The contracting parties are mutually liable as part of the statutory provisions unless otherwise agreed.
11.2 The contracting party has to conclude a liability insurance for business, product, and environment, with the appropriate sum insured depending on the claim for personal injury, property damage and pecuniary damages, and maintain it during the contract period.
11.3 To the extent that the insurance contract intends maximum replacement for all damages of an insurance year, this must correspond to at least twice the amount of the sum insured available per claim.
11.4 The insurance policy including the pertinent policy terms as well as proof of the premium payment made must be submitted to EASY upon request within two weeks. Upon demand by EASY, proofs of continued insurance must be submitted also during the contract period. In case of lack of proofs, EASY shall be entitled to terminate the contract for good cause.
Liability / Liability insurance. 10.1 The Supplier shall be liable to the Customer according to the applicable statutory provisions.
10.2 If any third party claims for compensation against the Customer on the grounds of defects or mistakes caused by the Supplier, the Supplier shall indemnify the Customer against all such claims on first demand. In the case of fault-based claims, however, this shall only apply if the Supplier is at fault.
10.3 To cover risks of liability, the Supplier shall take out appropriate liability insurance with sufficient amounts of coverage, including against financial loss, from a reputable insurer licensed within the EU/UKI. The amount of coverage shall be at least EUR 300.000 for each of the following: personal injury, property damage, and financial loss. The Supplier agrees to present the Customer with corresponding proof of insurance by no later than the start of the work and whenever so requested by the Customer in the course of performance of the contract.
Liability / Liability insurance for Employees shall be provided by the Employer. The Employer shall provide legal counsel or reasonable attorney's fees for representation and defense of lawsuits and to hold Employees harmless from any expenses, connected with the defense, settlement or monetary judgments from such actions, claims, or proceedings arising out of or incident to acts and/or omissions occurring while the Employee was acting in good faith in the performance or purported failure of performance of the Employees official duties or employment and provided further that the Employee was not engaging in criminal or malicious misconduct. A criminal conviction shall be deemed conclusive but not exclusive proof of criminal misconduct for the purposes of this section. If the City elects to pay reasonable attorney's fees hereafter, no claim for such payment may be made by an Employee prior to the conclusion of a criminal lawsuit.