Third Party Property Damage definition

Third Party Property Damage means physical injury to or loss or destruction of tangible property including loss of use of that property.
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Third Party Property Damage means accidental physical damage to or destruction of material property (including the resulting loss of use of such property) that does not belong to and is neither in the charge of nor under the control of:
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Third Party Property Damage means the physical damage caused to a motor vehicle arising out of a motor vehicle accident and falling under the Motor Vehicles Insurance (Third-Party Risks) Act Chap. 48:51 and the insurance company complained against is a participating member of the Financial Services Ombudsman scheme
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Examples of Third Party Property Damage in a sentence

  • Required minimum amounts of insurance listed below:$ N/A Fire and Extended Coverage$ 1,000,000 Third Party Property Damage$ 1,000,000 Third Party Personal Injury Per Person$ 1,000,000 Third Party Personal Injury Per Accident 2.

  • The liability of the Insurer in respect of damage to property shall not exceed the Third Party Property Damage Limit stated in the Schedule, in respect of any one accident or series of accidents arising out of one event.

  • In the event that an Own Damage claim has been paid and a Third Party Property Damage claim has also been made, You are required to surrender and/or return any sums paid to You back to Us, failing which We are entitled to recover the said sums paid and any consequent costs fees or expenses incurred.

  • Part C – Third Party Property Damage Cover for damage to other people’s property (legal liability) Where Your Vehicle is registered or licensed as required by law for use on public roads, We will cover You for any amount for which You become legally liable to pay as compensation in respect of loss or Damage to someone else’s property caused by a motor vehicle Accident during the Period of Insurance, which is partly or fully Your fault up to the limit of indemnity shown below.

  • Endorsement 105: Limits of Liability for Third Party Property Damage (TPPD) In consideration of the additional premium that You paid Us for this endorsement, We agree to increase the limit of liability provided under Section B2(ii) of this Policy to RM [state new limit] with effect from [state date].

  • Aircraft Third Party, Property Damage & Passenger Legal Liability (Aviation Coverage) (If required by project scope)The Contractor if providing any type of aviation services, including but not limited to the use of drones, shall provide aviation coverage including war liability.$1,000,000 Per Claim or Occurrence$1,000,000 Aggregate Deductible/Self-Insured Retention:In any coverage a deductible or retention that exceeds $100,000 shall be noted and approved by the District's Risk Management Group.

  • The Policy provides additional Third Party Property Damage liability limits ofRs.1,00,000/- for Two Wheelers and Rs. 7,50,000/- for other classes of vehicles.

  • Third Party Property Damage Limit The most we will pay for property damage for any one claim, or series of claims arising out of any one event is £20,000,000.

  • The first amount or percentage (as specified under Section 2 of the Policy Schedule as [Third Party Property Damage Excess]) of any claim arising out of Accidental loss of or damage to third party property.

  • Third Party Property Damage Cover – Cover for Your legal liability for loss or Damage to another person’s property.Third Party Property DamageSection 2 Only – Cover for Your legal liability for loss or Damage to another person’s property.

Related to Third Party Property Damage

  • Property damage means physical injury to, de- struction of, or loss of use of tangible property.

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Environmental Damage means any injury or damage to persons, living organisms or property (including offence to man’s senses) or any pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;

  • Major Damage means damage that in the estimation of the surveyor exceeds USD

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Catastrophic Damage as used hereunder is major change or damage to In- cluded Timber on Sale Area, to Sale Area, to access to Sale Area, or a combination thereof:

  • Material Damage and "Materially Damaged" means damage which, in Seller's reasonable estimation, exceeds $200,000.00 to repair or which, in Seller's reasonable estimation, will take longer than ninety (90) days to repair.

  • Third Party Data has the meaning set forth in Section 9.3(a).

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Accidental Damage means physical damage, breakage or failure of Your Covered Equipment due to an unforeseen and unintentional event occurring either due to handling (e.g., dropping the Covered Equipment or through liquid contact) or due to an external event (e.g., extreme environmental or atmospheric conditions). The damage must affect the functionality of Your Covered Equipment, which includes cracks to the display screen that affect the visibility of the display.

  • Direct Damage has the meaning given to it in clause 26.2;

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Materially Damaged means damage which, in Seller's reasonable estimation, exceeds $200,000.00 to repair or which, in Seller's reasonable estimation, will take longer than ninety (90) days to repair.

  • Accidental Bodily Injury means an Injury sustained as the result of an Accident and independently of all other causes by an outside traumatic event or due to exposure to the elements.

  • Environmental Damages means all claims, judgments, damages, losses, penalties, fines, liabilities, encumbrances, liens, costs and expenses of investigation and defense of any claim, including, without limitation, attorney’s fees, that are incurred at any time as a result of the existence of Environmental Conditions upon, about or beneath the Project Site or migrating or threatening to migrate to or from the Site, and including, without limitation:

  • Persistent vegetative state means a condition caused by injury, disease or illness in which a patient

  • Third Party Items means Third Party Content and Third Party Products.

  • Serious bodily injury means bodily injury which involves a substantial risk of death, extreme physical pain, protracted obvious disfigurement or protracted loss or impairment of the function of a bodily member, organ or mental faculty.

  • Substantial bodily injury means "bodily injury which involves (A) a temporary but substantial disfigurement; or (B) a temporary but substantial loss or impairment of the function of any bodily member, organ, or mental faculty." See 18 U.S.C. § 113(b)(1).

  • Third Party Liability means the liability of ARTC and/or the Operator to any third party (not being a related entity as defined in the Corporations Act 2001) who suffers any personal injury, property or economic loss or damage as a consequence of an Incident.

  • Catastrophic illness or injury means one of the following:

  • Personal Injury means injury, other than "bodily injury", arising out of one or more of the following offenses:

  • Premises Partial Damage means damage or destruction to the Premises, other than Lessee-Owned Alterations and Utility Installations, the repair cost of which damage or destruction is less than fifty percent (50%) of the then Replacement Cost (as defined in Paragraph 9.1(d)) of the Premises (excluding Lessee-Owned Alterations and Utility Installations and Trade Fixtures) immediately prior to such damage or destruction.

  • Contractor Group means Contractor, its parent and subsidiary companies as defined by the term “Affiliate,” and its and their respective Subcontractors and contractors of whatever tier and the officers, directors, employees, agents and representatives of all of the foregoing.

  • Covered Environmental Losses means all environmental losses, damages, liabilities, claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses (including, without limitation, costs and expenses of any Environmental Activity, court costs and reasonable attorney’s and experts’ fees) of any and every kind or character, by reason of or arising out of:

  • Third Party Claims has the meaning set forth in Section 11.1.