SONL definition
Examples of SONL in a sentence
If SONL's insurer makes (or attempts to make) any alteration, SONL shall promptly give notice thereof to SMUNL as soon as it becomes aware of the same.
SONL shall not be in breach of its obligations hereunder if it does not take out and maintain any insurance in accordance with this clause 8.1, to the extent that any particular risk is or becomes uninsurable or the cost of such insurance becomes commercially unreasonable.
SONL shall, at its own expense, obtain and maintain in force the following insurance; Insurance policy covering the death of or injury, whether physical or mental, to any of the Personnel and arising out of the act, omission, negligence or default of SONL or any of its employees, servants, agents, representatives, guests, invitees or any other person.
This is without prejudice to any rights which SONL may have at law or in equity.
SONL shall ensure that SMUNL is named as "first loss payee" in any insurance policy taken pursuant to this Clause.