Non Owned Auto Liability definition

Non Owned Auto Liability and "Umbrella Liability" coverage for "Personal Injury", "Bodily Injury", "Death, Accident and Property Damage", providing in combination no less than $100,000,000 per occurrence and in the annual aggregate. The policies described in this paragraph shall cover, without limitation: elevators, escalators, independent contractors, "Contractual Liability" (covering, to the maximum extent permitted by law, Borrower's obligation to indemnify Lender as required under this Agreement and "Products and Completed Operations Liability" coverage). All public liability insurance shall name Lender as "Additional Insured" either on a specific endorsement or under a blanket endorsement satisfactory to Lender.
Sample 1
Non Owned Auto Liability and (iii) umbrella liability coverage for personal injury, bodily injury, death, accident and property damage, such insurance providing in combination no less than $35,000,000 (adjusted every September by a percentage equal to the percentage change in the Consumer Price Index from September, 2006) of primary, excess and/or umbrella liability insurance for any and all claims, with reasonable deductibles and self insured retentions (it being agreed, without limitation, that deductibles and self insured retentions of $1,500,000 per occurrence (adjusted each September 1 by the percentage change in the Consumer Price Index from September, 2006) shall not be deemed unreasonable, provided that if Lessee’s senior, long-term unsecured debt is less than “BB-” by Standard & Poor’s Ratings Group, then such deductible shall not exceed 5 percent of the then annual Base Net Rent). The policies described in this subsection shall also include coverage for elevators, escalators, independent contractors, “Contractual Liability” (covering, to the maximum extent permitted by law, Lessee’s obligation to indemnify Lessor and Mortgagee as required under this Lease), “Products” and “Completed Operations Liability” coverage.
Sample 1
Non Owned Auto Liability and "Umbrella Liability" coverage for "Personal Injury", "Bodily Injury", "Death, Accident and Property Damage", providing in combination no less than $30,000,000 ($60,000,000 during construction) per occurrence and in the annual aggregate, per location. In the event that aggregate limits do not apply on a "per location" basis, then the umbrella limit shall be increased from $30,000,000 to $40,000,000. The policies described in this paragraph shall cover, without limitation: elevators, escalators, independent contractors, "Contractual Liability" (covering, to the maximum extent permitted by law, Borrower's obligation to indemnify Lender as required under this Agreement, and shall provide "Products and Completed Operations Liability" coverage). All public liability insurance shall name Lender as "Additional Insured" either on a specific endorsement or under a blanket endorsement satisfactory to Lender.
Sample 1

Examples of Non Owned Auto Liability in a sentence

  • If the contractor does not own vehicles, the contractor shall maintain coverage for Hired & Non- Owned Auto Liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Business Auto Policy.

  • In the event Contractor does not own automobiles, Contractor agrees to maintain coverage for Hired & Non- Owned Auto Liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Business Auto Liability policy.

  • Automobile insurance for its own vehicles and if it doesn’t have any vehicles, then coverage for Hired and Non- Owned Auto Liability, for at least $1 million per accident.

  • Register of Cheques Drawn To ensure that all the (Form 8) cheque-foils are properly Accounted for.

  • Mental Health Needs Assessment For Adults Aged 16-64 In East And West Sussex: Executive Summary, accessed 09/12/2013, available at http://www.eastsussexjsna.org.uk/JsnaSiteAspx/media/jsna-media/documents/comprehensiveneedsassessment/16b- Adult_mental_health_Excec_Summary.pdf.

  • In the event Contractor does not own automobiles, Contractor agrees to maintain coverage for Hired and Non- Owned Auto Liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Auto Liability policy.

  • No. 97495, 2012-Ohio-1548, ¶ 3 (132 Ohio St. 3d 1531, 2012-Ohio-4381, 974 N.E.2d 1209 (appealnot accepted for review)); Sandor v.

  • In the event PROVIDER does not own automobiles, PROVIDER agrees to maintain coverage for Hired & Non- Owned Auto Liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Business Auto Liability policy.

  • In the event Consultant does not own automobiles, Consultant agrees to maintain coverage for Hired & Non- Owned Auto Liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Business Auto Liability policy.

  • Contractor shall obtain automobile insurance for its own vehicles and if it doesn’t have any vehicles, then coverage for Hired and Non- Owned Auto Liability for at least $1,000,000.00 per accident.


More Definitions of Non Owned Auto Liability

Non Owned Auto Liability and (iii) umbrella liability coverage for personal injury, bodily injury, death, accident and property damage, such insurance providing general liability and excess liability/umbrella in combination no less than $21,000,000 per occurrence and $22,000,000 in the annual aggregate on per location basis. If the aggregate limit applying to the Property is reduced by the payment of a claim or establishment of a reserve equal to or greater than fifty percent (50%) of the annual aggregate, Borrower shall immediately arrange to have the aggregate limit restored by endorsement to the existing policy or the purchase of an additional insurance policy unless, in Lender's reasonable judgment, Borrower maintains sufficient concurrent excess liability insurance to satisfy the liability requirements of this Loan Document 62 71215191
Sample 1

Related to Non Owned Auto Liability

  • Non-owned auto means an auto that is not owned by or furnished or available for the regular use of you, a relative, or a rated resident while in the custody of or being operated by you, a relative, or a rated resident with the permission of the owner of the auto or the person in lawful possession of the auto.

  • Veteran-owned business means a business that is at least 51% owned by a veteran or veterans who are U.S. citizens and who control and operate the business

  • Woman owned business means a woman owned business that is a continuing, independent, for profit business which performs a commercially useful function, and is at least fifty-one percent (51%) owned and controlled by one or more women; or, in the case of any publicly owned business, at least fifty-one percent (51%) of the stock of which is owned and controlled by one (1) or more women and whose management and daily business operations are under the control of one (1) or more women.

  • Women-owned business means a business that is at least 51 percent owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest is owned by one or more women who are U.S. citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

  • Veteran-owned Small Business Enterprise (VSBE) means A business that is verified by the Center for Verification and Evaluation (CVE) of the United States Department of Veterans Affairs as a veteran-owned small business. See Code of Maryland Regulations (COMAR) 21.11.13.

  • Wholly-Owned Affiliate has the meaning specified in Rule 2 of Regulation RR.

  • Women Owned Business Enterprise or "WBE" means a firm awarded certification as a women owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a women owned business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Business owned by a person with a disability means a business concern that is at least 51% owned by one or more persons with a disability and the management and daily business operations of which are controlled by one or more of the persons with disabilities who own it. A not- for-profit agency for persons with disabilities that is exempt from taxation under Section 501 of the Internal Revenue Code of 1986 is also considered a "business owned by a person with a disability".

  • Woman-owned, as used in this provision, means a small business that is at least 51 percent owned by a woman or women who are U.S. citizens and who also control and operate the business.

  • Women-owned business concern means a concern which is at least 51 percent owned by one or more women; or in the case of any publicly owned business, at least 51 percent of its stock is owned by one or more women; and whose management and daily business operations are controlled by one or more women.

  • Black woman-owned enterprise means an enterprise with at least 25, 1% representation of black women within the black equity and management portion.

  • Third Party Liability means the liability of ARTC and/or the Operator to any third party (not being a related entity as defined in the Corporations Act 2001) who suffers any personal injury, property or economic loss or damage as a consequence of an Incident.

  • SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).

  • Owned Company Intellectual Property means all Intellectual Property owned by the Company or any Company Subsidiary, other than unregistered items of Intellectual Property.

  • Company Owned Real Property shall have the meaning set forth in Section 3.15(a).

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Hovercraft Liability This policy does not cover "hovercraft liability".

  • Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:

  • Consumer-owned utility means a municipal electric utility

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Women-owned small business concern means a small business concern-

  • Veteran-owned small business concern means a small business concern—

  • Owned and controlled means a business which is:

  • Non-Wholly Owned Subsidiary each Subsidiary that is not a Wholly Owned Subsidiary.

  • Female owned business means a business concern which is at least 51% owned by one or more women, or, in the case of a corporation, at least 51% of the stock in which is owned by one or more women; and the management and daily business operations of which are controlled by one or more of the women who own it.

  • Wholly Owned Subsidiary means any Subsidiary of a Person in respect of which all of the Equity Interests (other than, in the case of a corporation, directors’ qualifying shares) are at the time directly or indirectly owned or controlled by such Person or one or more other Subsidiaries of such Person or by such Person and one or more other Subsidiaries of such Person.