Common use of Project Delay Clause in Contracts

Project Delay. Notwithstanding part (d) of Exclusion 4.6 (Contractual Liability), the Underwriters will indemnify the Insured for the Damages and Defence Costs resulting from any Claim arising from the delay in the provision of Technology Products or Technology Services, but only if such delay or failure arises directly from a Wrongful Act by the Insured.

Appears in 2 contracts

Sources: Technology Liability Insurance Policy, Technology Liability Insurance Policy

Project Delay. Notwithstanding part (d) of Exclusion 4.6 4.5 (Contractual Liability), the Underwriters will indemnify pay on behalf of the Insured for the Damages and Defence Costs resulting from any Claim arising from the delay in the provision of Technology Products or Technology Professional Business Services, but only if such delay or failure arises directly from a Wrongful Act an act, error or omission committed or omitted by the InsuredInsured in providing the Professional Business Services.

Appears in 2 contracts

Sources: Professional Indemnity Insurance Policy, Professional Indemnity Insurance Policy

Project Delay. Notwithstanding part (d) of Exclusion 4.6 3.5 (Contractual Liability), the Underwriters will indemnify the Insured for the Damages and Defence Costs resulting from any Claim arising from the delay in the provision of Technology Products or Technology Services, but only if such delay or failure arises directly from a Wrongful Act by the Insured.

Appears in 1 contract

Sources: Technology Liability Insurance Policy