Identified Risk definition
Examples of Identified Risk in a sentence
You must obtain approval from a ▇▇▇▇▇▇▇ Title Guaranty Underwriter in order to rely upon STG Indemnity Agreement: Construction or STG Indemnity Agreement: Identified Risk to remove an exception or insure over it.
Identified Risk 1: An implementable site remediation strategy that supports an effective phased construction program is challenged by critical data gaps in GHD’s report.
Notwithstanding the foregoing, nothing in this agreement shall be construed to limit the amount which may be recovered by the Indemnified Persons or through any other remedy as a result of Losses relating to an Identified Risk or in the event of fraud.
Identified Risk 6: Unknowns related to existing buildings on site, (if you be counting on using them.).
The Escrow Amount shall serve as an absolute limitation on liability for any Losses, provided, however, that this limitation shall not apply to Losses that are related to an Identified Risk or the result of fraud.
Identified Risk 5: Unknown subsurface conditions = cost increases Description: Even with remediation and geotechnical analysis, it is difficult to predict actual conditions.
Recovery from the Escrow Fund as provided in this Article 7 shall be the Indemnified Persons' sole and exclusive remedy for Losses other than Losses relating to an Identified Risk or fraud.
The Escrow Amount shall serve as an absolute limitation on liability of the Company, or the Company's officers, directors, employees, shareholders, Affiliates or Associates for any Losses, provided, however, that this limitation shall not apply to Losses that are related to an Identified Risk or the result of fraud.
Notwithstanding the foregoing, nothing in this agreement shall be construed to limit the amount which may be recovered by the Indemnified Persons from the Company shareholders through the indemnity provided by Section 7.2 or through any other remedy as a result of Losses relating to an Identified Risk or in the event of fraud.
Mower, Scarifier, ▇▇▇▇▇▇, aerator All Parks, grounds and open spaces Staff, General public No Hazards Risk Identified Risk Rating Preventative Measures to be followed Risk rating with preventive measures Additional Action/ Comments 1 Noise, HAVS, flying debris, dust, foot injury, manual handling Loss of hearing / tinnitus, vibration white finger, injury to eyes/ body bruising or laceration, lungs / eyes, crushing, back injury MEDIUM Wear all PPE at all times in accordance to company policy and user manual.