CP definition
Examples of CP in a sentence
THE LIABILITY OF CP FOR DIRECT DAMAGES, OR IN THE EVENT OF A FAILURE OF WARRANTY, OR INVALIDITY OF ANY OF THE FOREGOING LIMITATIONS, FROM THE LEASE, RENTAL, DELIVERY, RESALE, INSTALLATION, OPERATION FAILURE, MALFUNCTION, OR UNSUITABILITY FOR USE OF ANY EQUIPMENT OR SERVICES FURNISHED UNDER THESE TERMS AND CONDITIONS OR ANY SOW, WHETHER ARISING OUT OF CONTRACT, ANY NEGLIGENCE, STRICT LIABILITY, WARRANTY, OR OTHERWISE, SHALL NOT EXCEED THE RELEVANT SOW AND/OR QUOTE.
All insurance maintained by Client pursuant to the foregoing provisions shall contain a waiver of subrogation against CP.
CP shall be named as an additional insured and as loss payee on such policies.
Client agrees to hold harmless, defend and indemnify CP from and against all claims, losses, liabilities and expenses (including attorney’s fees and other litigation or settlement costs) arising out of such duty to comply with applicable laws and regulations, and handling, possession, use or sale of the Equipment.
Should Client fail to secure or maintain such insurance, CP may, but shall not be obligated to, secure such insurance and Client shall reimburse CP on demand for such costs.