Operational Liability definition

Operational Liability means the individual liability of each Party for the execution of obligations provided by Article 5, Article 6, and Article 7;
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Operational Liability means a liability, which arises as a result of the Authority’s actions.
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Examples of Operational Liability in a sentence

  • Third-party liability insurance: (Public) liability insurance with the following minimum guarantees: • (Public) Operational Liability: minimum EUR 2,500,000 per claim for all physical, material and/or immaterial damage.

  • Term: Operational Liability Coverage shall attach as Provisional Acceptance Date at 12:01 A.M. at the address of the First Named Insured and shall continue in full force and effect for a period of one year.

  • The Lessee will save, defend, hold harmless and indemnify the Lessor against any and all suits, claims, actions or damages which may be made against the Lessor with respect to or arising out of the use and occupation by the Lessee of the demised carry an Operational Liability Insurance policy in the name of both the Lessee and the Lessor and shall pay the premiums for such insurance and deposit certificates with respect to such insurance with the lessor.

  • The lessee will save, defend, hold harmless and indemnify the Lessor against any and all suits, claims, actions or damages which may be made against the Lessor with respect to or arising out of the use and occupation by the Lessee of the demised carry an Operational Liability Insurance policy in the name of both the Lessee and the Lessor and shall pay the premiums for such insurance and deposit certificates with respect to such insurance with the lessor.

  • With regard to the guarantees and minimum limits, this policy will have a minimum limit of EUR 6,000,000 per claim, including the following coverages, among others: - General Public or Operational Liability - Employers' Liability for personal injury caused to its own employees or its subcontractors with a minimum sub-limit of EUR 600,000 - Cross Liability for personal injury - Product Liability and/or Post-works Liability up to TWENTY-FOUR (24) MONTHS after delivery of the works.