Party Liability definition

Party Liability. Insurance As Chairman of the Board of Management, and in all functions which he holds on the basis of and in connection with the Company, the Member of the Board of Management is insured during the term of this agreement and after that, as to his third party liability in accordance with the policy affixed as Attachment C. The costs of the insurance are for account of the Company. If the Member of the Board of Management, on the basis of his above-mentioned liability, which does not fall under the coverage of above insurance policy, is held liable for damages according to a judicial decision, the Company shall compensate the Member of the Board of Management for the material damage suffered by the Member of the Board of Management,
View Source

Examples of Party Liability in a sentence

  • The purpose of this section of the provider manual is to provide a good understanding of Third Party Liability (TPL) and MO HealthNet.

  • The provider must submit this type of claim to the Third Party Liability Unit at P.O. Box 6500, Jefferson City, MO 65102-6500 for special handling.

  • There are certain claims that are not subjected to Third Party Liability edits in the MO HealthNet payment system.

  • If the participant requires copies of bills or medical records for a reason other than third party liability, it is not necessary to contact the Third Party Liability Unit or complete the forms referenced above.• Prior to releasing bills or medical records to the participant, the provider must stamp or write across the bill, “Paid by MO HealthNet” or “Filed with MO HealthNet” in compliance with 13 CSR 70-3.040.

  • Employment Practices Liability coverage must specifically state Third Party Liability coverage is included.

  • The provider must submit this type of claim to the Third Party Liability Unit atP.O. Box 6500, Jefferson City, MO 65102-6500 for special handling.

  • If a lien was filed prior to billing MO HealthNet, and the provider subsequently receives payment from MO HealthNet, the provider must file a notice of lien withdrawal for the covered charges with a copy of the withdrawal notice forwarded to:MO HealthNet Division Third Party Liability UnitP.O. Box 6500Jefferson City, MO 65102-6500.

  • The Third Party Liability Unit seeks recovery from the potentially liable third party on a postpayment basis.

  • In Third Party Liability actions, no motions shall be prepared, filed or served without prior consultation with Citizens’ Claims & Litigation Legal Services or Citizens’ Litigation Specialist.

  • With respect to the acceptance flight, LESSOR's representatives will receive the same protections as LESSOR on LESSEE's Aviation and Airline General Third Party Liability Insurance.

Related to Party Liability

  • Third Party Liability means both of the following:

  • Contingent Liability means a liability which is not certain to arise and/or the amount of which remains unascertained;

  • 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.

  • Senior Higher Priority Liabilities means any obligations in respect of principal of the Issuer under any Notes and any other unsecured and unsubordinated obligations (créditos ordinarios) of the Issuer, other than the Senior Non Preferred Liabilities; and

  • Environmental Liabilities and Costs means all liabilities, monetary obligations, Remedial Actions, losses, damages, punitive damages, consequential damages, treble damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand by any Governmental Authority or any third party, and which relate to any Environmental Action.