Common use of Cross liabilities Clause in Contracts

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’.