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 is added to the subcontractors' certificate and request "No exclusion for contractual liability or injury to employees" in the "Description of Operations" section.
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.
Examples of Contractual Liability in a sentence
Coverage shall not exclude or limit the Products/Completed Operations, Contractual Liability, or Cross Liability.
Commercial General Liability Insurance coverage for the following: (a) Premises Operations; (b) Independent Subrecipients or subcontractors; (c) Products/Completed Operations; (d) Personal Injury; (e) Contractual Liability; (f) Explosion, Collapse and Underground; (g) Broad Form Property Damage, to include fire legal liability.
Said policy shall include broad form Contractual Liability coverage and be endorsed to name the City of Santa Fe their officials, officers, employees, and agents as additional insureds.
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 liability which attaches by virtue of a contractor agreement but only to the extent to which it would have attached in the absence of such contract or agreement.
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 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 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.