Cross liabilities Clause Samples

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Cross liabilities. If the Policyholder comprises more than one party, the Insurer will indemnify each in the terms of this Policy against liability incurred to the other as if a separate policy had been issued to each.
Cross liabilities. If more than one entity is referred to as ‘the insured’ in the schedule this section shall apply to each one as if a separate policy had been issued to each provided that the total amount of indemnity payable to all parties in respect of damages shall not exceed the limit of indemnity.
Cross liabilities. For each legal entity comprising the insured, the insurer will separately indemnify each party as if a separate policy had been issued to each. Where claims are made against any such insured by any other insured, the insurer's total liability to all parties will not exceed the limit of indemnity or any applicable sub-limit of indemnity.
Cross liabilities. If the policyholder named in the schedule comprises more than one party, we will treat each party as though a separate policy had been issued to each of them. However, nothing in this extension shall increase our liability to pay any amount in excess of the limit of indemnity under any section of this policy.
Cross liabilities. Any such insurance maintained or effected in pursuance of this Article 20 shall include a cross liability clause such that the insurance shall apply to the Contractor and to the Authority as separately insured.
Cross liabilities. (a) Wherever under this Agreement insurance is effected by the NOPs in more than one name, the policy of insurance must provide that, to the extent that the policy may cover more than one insured, all insuring agreements and endorsements must operate in the same manner as if there were a separate policy of insurance covering each party comprising the insured and that the insurer agrees not to impute any acts, omissions or nondisclosures before or after the policy was effected by one insured to any other insured. (b) Such policy must provide that the insurer waives all rights, remedies or relief to which it might become entitled by subrogation against any of the parties constituting the insured and that failure by any insured to observe and fulfil the terms of the policy will not prejudice the insurance in regard to any other insured party.
Cross liabilities. The liability insurance policies shall contain a cross liability clause so that the COMPANY and the CONTRACTOR are regarded as the third parties to each other.
Cross liabilities. If You comprise more than one party, this section shall be construed as though separate policies has been issued to each provided that nothing in this extension will operate to increase Our liability beyond the amount for which We would have been liable had this extension not applied.
Cross liabilities. Each person or party indemnified is separately indemnified in respect of claims made against any of them by any other person or party (other than the named Insured) subject to the Company’s total liability not exceeding the limit of indemnity stated in the Schedule. The Company will pay all costs, fees and expenses incurred with their prior consent in the investigation, defense or settlement of any claim made against the Insured and the costs of representation at any inquest, inquiry or other proceedings in respect of matters which have a direct relevance to any claim made or which might be made against the Insured, provided such claim or claims are the subject of indemnity under this Section. Such costs, fees and expenses are called `Defence Costs’.
Cross liabilities. The Company hereby agrees that, if the Insured comprises more than one party, the Company will treat each party as though a separate policy had been issued to each of them; provided that the Company’s liability in respect of any one Event, or in the aggregate during any one Period of Insurance, as applicable, shall not exceed the Limit of Indemnity.