Professional Services Liability definition

Professional Services Liability means amounts that You become legally liable to pay by way of Compensation for Personal Injury and/or Property Damage caused by or arising from Your error or omission in the performing of an inspection of a Watercraft and/or in the issuing of a report relating to such inspection in the ordinary course of Your Business and regardless of whether a fee is charged. ‘Professional Services Liability’ does not mean General Liability or Products Liability or Pollution Liability or Statutory Liability or Environmental Impairment Liability.
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Professional Services Liability means amounts that You become legally liable to pay by way of Compensation for Personal Injury and/or Property Damage caused by or arising from Your error or omission in the performing of an inspection of a Watercraft and/or in the issuing of a report relating to such inspection in the ordinary course of Your Business and regardless of whether a fee is charged.
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Professional Services Liability means amounts that You become legally liable to pay by way of Compensation for Personal Injury and/or Property Damage caused by or arising from Your error or omission in the performing of pre-event safety inspections of Watercraft in the ordinary course of a Your Business as a Regatta Organiser.
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Examples of Professional Services Liability in a sentence

  • Umbrella/Excess Commercial General Liability and Professional Services Liability in the amount of $10,000,000 per occurrence.

  • Errors and Omissions (Professional Services Liability) insurance with a minimum limit of $1,000,000 per claim.

  • Subject to the terms and conditions of this Policy, You are covered for Professional Services Liability • caused by or arising from an Occurrence; • in the ordinary course of Your Business; • where the Property Damage and/or Personal Injury happens after the relevant Retrospective Inception Date, and • the Claim is first made against You during the Period of Insurance.

  • Notwithstanding the above, You are not covered for Professional Services Liability unless • Watercraft inspections and/or issuing of reports are undertaken by suitably qualified and experienced Employees; • reports are only released after being reviewed and approved by suitably qualified and experienced Employees, and • a disclaimer of any liability arising out of the undertaking of Watercraft inspections and issuing of reports is included in all reports issued.

  • Professional Services Liability insurance with a limit of […***…] Dollars ($[…***…]) per claim.

  • The ENGINEER shall secure, at its own expense, a Professional Services Liability Insurance policy with a limit of $3,000,000 per claim and in the aggregate, and maintain such policy for the duration of the PROJECT.

  • The ENGINEER shall secure, at its own expense, a Professional Services Liability Insurance policy with a limit of $3,000,000 per claim and in the aggregate and maintain such policy for the duration of the PROJECT.

  • The PROFESSIONAL TECHNICAL CONSULTANT shall secure, at its own expense, a Professional Services Liability Insurance policy with a limit of Two Million Dollars ($2,000,000) per claim and Four Million Dollars ($4,000,000) in the aggregate, and maintain such policy for the duration of the PROJECT.

  • Professional Services Liability The bank acts as a depository for ACH transactions of a larger institution.

  • Notwithstanding the above, You are not covered for Professional Services Liability unless • Watercraft inspections and/or issuing of reports are undertaken by suitably qualified and experienced • reports are only released after being reviewed and approved by suitably qualified and experienced Employees, and • a disclaimer of any liability arising out of the undertaking of Watercraft inspections and issuing of reports is included in all reports issued.

Related to Professional Services Liability

  • Professional Services means those services within the scope of the practice of architecture, professional engineering, landscape architecture, or registered surveying and mapping, as defined by the laws of Florida, or those services performed by any architect, professional engineer, landscape architect, or registered surveyor and mapper, in connection with the firm's or individual's professional employment or practice.

  • Nonprofessional services means any services not specifically identified as professional services in

  • Professional Services Fees means the fees for Professional Services described as such in the applicable Product Order.

  • Professional Services Agreement means any agreement between the parties for the provision of consulting or professional services, including but not limited to the following agreements or terms: the Professional Services Agreement, the Delivery Assurance terms, the Professional Services Addendum, and/or the Consulting and Training Addendum and Amendment.

  • Professional service or professional services means a professional service or professional services as defined in the Health Insurance Act 1973.