Error or omission definition

Error or omission means any actual or alleged error or misstatement or omission or neglect or breach of duty including misfeasance, malfeasance or nonfeasance by an "employee" in any capacity arising out of the "scope of duties."
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Error or omission means any negligent act, error or omission while performing those services de- scribed in the Schedule of this Coverage Part under the Description of Services.
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Error or omission means the failure to execute required actions, or mistaken actions committed by a MEMBER and the liability arising out of a WRONGFUL ACT by a MEMBER due to the negligent action or inaction, mistake, misstatement, error, neglect, inadvertence, or omission by a MEMBER in the discharge of duties on behalf of the TRANSIT AGENCY.
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Examples of Error or omission in a sentence

  • However, in no case shall an Error or omission create reinsurance coverage that would not have existed in the absence of the Error or omission.

  • However, in no case shall an Error or omission create reinsurance coverage that would not have existed In the absence of the Error or omission.

  • Error or omission or other defect in the project staff any conflict in no contract.


More Definitions of Error or omission

Error or omission means any act or failure to act by a Protected Person while acting within the course, scope and authority of his/her employment, office, or position with the Port Authority, that results in or constitutes an erroneous or improper discharge of such Protected Person’s duties to the Port Authority (including the making of an incorrect statement), but that does not constitute legally actionable fraud or an intentional or knowing breach of duty.
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Error or omission means any negligent act, error or omission while performing those services described in the Supplemental Declarations of this Coverage Part under the Description of Services.
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Error or omission means any actual or alleged error or misstatement or act of omission or neglect or breach of duty including misfeasance and nonfeasance by the insured in the discharge of their duties with the public entity.
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Related to Error or omission

  • Omission is the failure to submit part or all of the information or documentation required in the tendering document.

  • Negligence means the failure to exercise "Reasonable Care".

  • Breach of Contract means the failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach. If Contractor is debarred or suspended under §24-109-105, C.R.S. at any time during the term of this Contract, then such debarment or suspension shall constitute a breach.

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • Breach of system security means unauthorized acquisition of computerized data that compromises the security, confidentiality, or integrity of sensitive personal information maintained by a person, including data that is encrypted if the person accessing the data has the key required to decrypt the data. Good faith acquisition of sensitive personal information by an employee or agent of the per- son for the purposes of the person is not a breach of system secu- rity unless the person uses or discloses the sensitive personal in- formation in an unauthorized manner. Business and Commerce Code 521.053(a)