Owner liability definition

Owner liability means personal liability for a debt, obligation, or liability of an entity that is imposed on a person:
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Owner liability means personal liability for a debt,
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Owner liability means personal liability for a debt, obligation or liability of a domestic or foreign business or nonprofit corporation or unincorporated entity that is imposed on a person:
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Examples of Owner liability in a sentence

  • Operator shall notify the Airport Manager or designated representative of any hazard or damage to the aircraft ramps, taxiways or runways immediately upon becoming aware of such hazard or damage, provided that nothing in this Agreement shall imply or create any Owner liability for failure to maintain such facilities and Operator expressly waives any claims which might arise in the future in this regard.

  • Owner liability shall only extend to car breakdown as a result of a mechanical malfunction that is beyond the Driver’s control, provided that Driver adheres with all maintenance terms and conditions.

  • Each Contractor shall procure and maintain, at his own expense, until his work is accepted by the Owner, liability insurance as hereinafter specified.

  • Owner liability shall only extend to car breakdown as a result of a mechanical malfunction that is beyond the driver's control, provided that driver adheres with all maintenance terms and conditions.

  • Owner waives the benefit of any statute of limitations affecting Owner liability hereunder or the enforcement thereof, and Owner agrees that any payment of any indebtedness or other act which Shall toll any statute of limitations applicable thereto shall similarly operate to toll such statute of limitations applicable to Owner's liability hereunder.

  • Broker may re-key door locks at Owner’s expense during periods of vacancy to reduce Owner liability risk.

  • If, in the determination of Owner, liability insurance is required, a policy satisfactory to Owner shall be a prerequisite to use of the OCC.

  • Due to Park Owner liability risks, NO TRAMPOLINES shall be allowed in the park.

  • Although Manager shall cooperate in connection with obtaining insurance for Owner, liability with respect to any replacement cost estimates, underinsurance, lack of coverage, errors or omissions in applications, failure to comply with terms of any loan documents or otherwise, shall be Owner’s, it being Owner’s sole responsibility to ensure that Owner is adequately insured.

  • Owner liability for cancellation will be limited to payments made to us.


More Definitions of Owner liability

Owner liability means personal liability for a debt, obligation, or liability of an entity that is imposed on a per- son:
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Owner liability means the liability of a shareholder, member, trustee, partner, limited partner or other owner of an organization for debts of the organization, including the responsibility to make additional capital contributions to cover such debts.
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Owner liability means personal liability for a debt, obligation, or liability of a domestic or foreign business or nonprofit corporation or unincorporated entity that is imposed on a person by either of the following: (a) Solely solely by reason of the person’s status as a shareholder, partner,
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Related to Owner liability

  • Other Liabilities means any and all liabilities of any type whatsoever (including, but not limited to, judgments, fines, penalties, ERISA (or other benefit plan related) excise taxes or penalties, and amounts paid in settlement and all interest, taxes, assessments and other charges paid or payable in connection with or in respect of any such judgments, fines, ERISA (or other benefit plan related) excise taxes or penalties, or amounts paid in settlement).

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

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

  • Environmental Costs and Liabilities means any and all losses, liabilities, obligations, damages, fines, penalties, judgments, actions, claims, costs and expenses (including, without limitation, fees, disbursements and expenses of legal counsel, experts, engineers and consultants and the costs of investigation and feasibility studies and remedial activities) arising from or under any Environmental Law or order or contract with any Governmental Authority or any other Person.

  • Environmental Damages means all claims, demands, liabilities (including strict liability), losses, damages (including consequential damages), causes of action, judgments, penalties, fines, costs and expenses (including reasonable fees, costs and expenses of attorneys, consultants, contractors, experts and laboratories), of any and every kind or character, contingent or otherwise, matured or unmatured, known or unknown, direct or indirect, foreseeable or unforeseeable, made, incurred, suffered or brought at any time and from time to time and arising in whole or in part from: