Insured Contract definition

Insured Contract means any written:
Insured Contract means a written contract under which you assume the tort liability of a person or persons retained by you to perform maintenance services at the residence premises to pay damages because of bodily injury or property damage arising out of the maintenance services. The contract or agreement must be made and be effective prior to the bodily injury or property damage.
Insured Contract means a contract or agreement pertaining to Insured’s business in which Insured assume the liability of another person or organisation for Financial Injury sustained by a third person or organisation, that is caused by a Wrongful Act, to which this insurance applies, committed by the Insured or on Insured’s behalf.

Examples of Insured Contract in a sentence

  • Coverage to include:• Premises and Operations• Personal Injury/Advertising Injury• Products/Completed Operations• Liability assumed under an Insured Contract (including tort liability of another assumed in a business contract)• Independent ContractorsLimits Required: The selected Vendor(s) shall carry the following limits of liability: Minimum Insurance Requirements.

  • Any legislative action or administrative action or omission of the Buyer's Country which has the effect of depriving the Policyholder of its ownership or control of any Goods sold under an Insured Contract or of any benefit relating to such Goods.

  • Without limitation, reasonable steps shall include those same steps the Policyholder would take for a similar uninsured obligation of the Buyer towards the Policyholder after the occurrence of an event that could give rise to a Loss.Reasonable steps may include, inter alia, not effecting further shipment of Goods to the Buyer, or otherwise increasing the Policyholder’s exposure to the Buyer under the Insured Shipment or Insured Contract.

  • Failure or refusal of the Guarantor to fulfil any of its obligations under a guarantee of payment issued by the Guarantor in respect of the Insured Contract.

  • For Commercial General Liability, the policies must provide the following: 1.13.13.1.1. That this Agreement is an Insured Contract under the policy;1.13.13.1.2. Defense costs are outside the limits of liability; 1.13.13.1.3. A severability of interests or separation of insuredsprovision (no insured vs.


More Definitions of Insured Contract

Insured Contract means that part of any written contract pertaining to the ownership, maintenance or use of premises described on the Declarations Page under which you assume the tort liability of another to pay damages because of bodily injury or property damage to which this insurance applies to a third person or organization if the contract is made prior to the bodily injury or property damage.An insured contract does not include:
Insured Contract means that part of any written contract or agreement pertaining to the Insured’s operations or facilities under which the Insured assumes any tort liability of another to pay Damages because of Bodily Injury or Property Damage to a third person or organization, provided such contract or agreement is made prior to that Bodily Injury or Property Damage. Tort liability means a liability which would be imposed by law in the absence of any contract or agreement.
Insured Contract means that part of any contract or agreement pertaining to your business under which any “Insured” assumes the tort liability of another party to pay forbodily injury” or “property damage” to a third person or organization. Tort liability means a liability that would be imposed by law in the absence of any contract or agreement.
Insured Contract means any agreement, including a sidetrack agreement, except one pertaining to aircraft, under which the Named Insured assumes liability of others for “bodily injury,” “property damage,” “personal injury,” or “advertising injury.”
Insured Contract means any oral or written contract or agreement entered into by you and pertaining to your business under which you assume the “tort liability” of another party to pay forbodily injury” or “property damage” to a third person or organization, provided that the “bodily injury” or “property damage” occurs subsequent to the execution of the contract or agreement. “Tort liability” means a civil liability that would be imposed by law in the absence of any contract or agreement.
Insured Contract also means that part of any contract or agreement entered into, as part of your business, pertaining to the rental or lease, by you or any of your “employees”, of any “auto”. However, such contract or agreement shall not be considered an “insured contract” to the extent that it obligates you or any “employees” to pay forproperty damage” to any “auto” rented or leased by you or any of your “employees”.
Insured Contract means a contract for a lease of premises. However, that portion of the contract for a lease of premises that indemnifies any person or organization for damage by fire to premises while rented to the “Participating Named Insured” or temporarily occupied by the “Participating Named Insured” with permission of the owner is not an “Insured Contract”;