Third Party Liability Insurance Sample Clauses
The Third Party Liability Insurance clause requires one or more parties to obtain and maintain insurance coverage that protects against claims made by third parties for injury, property damage, or other liabilities arising from the contract's activities. Typically, this clause specifies minimum coverage amounts, the types of incidents covered, and may require proof of insurance to be provided to the other party. Its core function is to allocate risk and ensure that financial resources are available to address potential third-party claims, thereby protecting both parties from unexpected liabilities.
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Third Party Liability Insurance. Article 30 - Discipline
Third Party Liability Insurance. 28.1 The College shall obtain and keep in force, at the College’s expense, a policy of third party liability insurance which shall protect each Faculty Member to an extent of not less than two million dollars ($2,000,000.00) from claim which may arise against a Faculty Member acting within the scope of employment with the College in accordance with Article 19:
Third Party Liability Insurance covering the legal liability of the Consultant and its employees in connection with this Agreement, towards third parties, for physical injuries and/or property damages which may arise as a result of the performance of this Agreement. The limit of liability thereof shall not be less than 250,000 Euro (€) for any one occurrence and in the aggregate for any annual insurance period. This policy shall be extended to indemnify ISR for its liability due to any act or omission of the Consultant in connection with the services, subject to a “Cross Liability” clause.
Third Party Liability Insurance. On terms as specified in the SCC, covering bodily injury or death suffered by third parties (including the Purchaser’s personnel) and loss of or damage to property, such as the Purchaser’s property including the Information System and any subsystem that have been accepted by the Purchaser, the building housing the Purchaser’s site and all equipment and appurtenances thereto, occurring in connection with the supply and installation of the Information System.
Third Party Liability Insurance. Covering bodily injury or death suffered by third parties including the employer's personnel, and loss of or damage to property occurring in connection with the supply and installation of the Facilities.
Third Party Liability Insurance. The Borrower shall:
(A) cause the Supplier to subscribe before Launch and/or maintain in full force and effect a third party liability insurance for liabilities arising from bodily injury and loss or damage to third party property (“Third Party Liability Insurance”);
(B) cause the Launch Services Provider to subscribe for and maintain Third Party Liability Insurance coverage for liabilities arising from bodily injury and loss or damage to third party property caused by Satellites after Launch in an amount on an annual basis of not less than an aggregate amount equal to:
Third Party Liability Insurance. Third party liability insurance shall be effected prior to commencement of the Works to insure against the CONTRACTOR's liability for any material or physical damage, loss or injury which may occur to any property, including that of TELKOM or to any person, including any employee of TELKOM, by or arising out of the execution of the Works or in the carrying out of the Contract.
Third Party Liability Insurance. Bodily Injury (“B” Contract Line Items)
Third Party Liability Insurance. (i) The Policy(s) for Third Party Liability insurance shall be written on forms the Buyer may review and shall include Buyer as additional insured.
(ii) This Third Party Liability insurance shall be in force from the time of the Effective Date of this Contract and shall continue in effect until Contractor's liabilities have expired at intentional ignition.
(iii) The Policy(s) may be issued with deductibles, for which losses shall be borne by the Contractor.
Third Party Liability Insurance covering the LRT Consultant's legal liability against bodily injury and/or damage caused to property of a third party in connection with the services with a limit of liability of NIS 4,000,000 for an event and in the aggregate for the insurance period. The insurance is not subject to any limitation and/or restriction regarding liability that is caused by fire, explosion, panic, lifting devices, loading and unloading, damaged sanitary facilities, poisoning, anything harmful in food or drink, riots, strikes, liability for and against contractors, subcontractors and employees' suits subrogation by the National Insurance Institute. The insurance is extended to indemnify the Company and/or anyone on its behalf for liability that may be imposed on it due to an act and/or omission of the LRT Consultant and/or any one on his behalf, subject to a cross- liability provision. The aforesaid insurance is extended to cover the Company's liability and/or those acting on the Company's behalf as additional insureds in respect to their liability for acts and/or omission on the part of the LRT Consultant, his directors, employees and those acting on behalf of the LRT Consultant, subject to a cross liability clause according to which the insurance will be deemed as effected separately for each individual of the insured. The Company's property shall be deemed the property of a third party. Period: as from until (hereinafter: “the Insurance Period”)