Indemnity to principals Sample Clauses

The 'Indemnity to principals' clause provides protection to a principal (such as a client or project owner) by extending the contractor's or service provider's indemnity obligations to cover the principal against certain liabilities. In practice, this means that if a subcontractor or third party brings a claim related to the contractor's work, the principal is also shielded from financial loss or legal responsibility arising from that claim. This clause is commonly used in construction and service contracts to ensure that principals are not left exposed to risks caused by the actions or omissions of those they hire, thereby allocating risk and promoting confidence in contractual relationships.
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Indemnity to principals. 10.5.1 Where specifically outlined in the Call-Off Contract, the Supplier will ensure that the third-party public and products liability policy will contain an ‘indemnity to principals’ clause under which the Buyer will be compensated for both of the following claims against the Buyer: ● death or bodily injury; and ● third-party Property damage arising from connection with the Services and for which the Supplier is legally liable.
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Indemnity to principals. 10.5.1 Where specifically outlined in the Call-Off Contract, the Supplier will ensur that the third- following claims against the Buyer: death or bodily injury; and third-party Property damage arising from connection with the Services and for which the Supplier is legally liable.
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Indemnity to principals. 888’s insurance policies shall contain a full ‘indemnity to principal’ clause which shall protect the interests of CIE.
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Related to Indemnity to principals

  • No Liability to Third Parties No person who is or has been a Trustee, officer, or employee of the Trust shall be subject to any personal liability whatsoever to any Person, other than the Trust or its Shareholders, in connection with the affairs of the Trust; and all Persons shall look solely to the Trust Property or Property of a Series for satisfaction of claims of any nature arising in connection with the affairs of the Trust or such Series. Every note, bond, contract, instrument, certificate, Share or undertaking and every other act or thing whatsoever executed or done by or on behalf of the Trust or the Trustees or any of them in connection with the Trust shall be conclusively deemed to have been executed or done only in or with respect to their or his capacity as Trustees or Trustee and neither such Trustees or Trustee nor the Shareholders shall be personally liable thereon. All Persons extending credit to, contracting with or having any claim against the Trust or a Series shall look only to the assets of the Trust Property or the Trust Property of such Series for payment under such credit, contract or claim; and neither the Trustees, nor any of the Trust's officers, employees or agents, whether past, present or future, shall be personally liable therefor.