Liabilities to Third Parties Clause Samples

Liabilities to Third Parties. Except as otherwise expressly agreed in writing, no Member shall be liable for the debts, obligations or liabilities of the Company, including under a judgment, decree or order of a court.

Liabilities to Third Parties. Except as set forth on Schedule 2.27, Seller does not have any outstanding liabilities, pledges or encumbrances to third parties related to the Assets.

Liabilities to Third Parties. Risk of Loss 17 21. Tenant’s Performance and Surrender 17 22. Default and Termination for Default 17 23. Right to Terminate 18 24. Rights to Site Improvements and Infrastructure Upon Termination 18 25. Binding on Successors 19 26. Access to Premises 19 27. Governing Law 19 28. Entire Agreement 19

Liabilities to Third Parties for personal injury or tort, or similar causes of action, to the extent arising out of, associated with, relating to, or incurred in connection with (a) the ownership of the Assets or the operation of the Business prior to the Closing, or (b) the Seller’s removal of the Excluded Assets; provided, however, that as to any Buyer, Excluded Liabilities under this Section 2.4.2 shall not in any event include any Liabilities resulting from negligence or willful misconduct of that Buyer or any of its Affiliates or any of its respective Representatives committed during the course of any inspection of the Assets prior to the Closing Date.

Liabilities to Third Parties. (a) Except to the extent other indemnity provisions in this CONTRACT apply: (i) CONTRACTOR will INDEMNIFY COMPANY GROUP for LIABILITIES to third parties arising in connection with the CONTRACT to the extent of and in proportion to the negligence, breach of statutory or other duty, or other fault of CONTRACTOR GROUP; and (ii) COMPANY will INDEMNIFY CONTRACTOR GROUP for LIABILITIES to third parties arising in connection with the CONTRACT to the extent of and in proportion to the negligence, breach of statutory or other duty, or other fault of COMPANY GROUP. (b) For the purpose of this Article, “third party” means any party that is not a member of COMPANY GROUP or CONTRACTOR GROUP.

Liabilities to Third Parties. Any Trailer shall be insured in the terms of Section 2 of this Policy whilst it is attached to or connected to the Insured Vehicle.

Liabilities to Third Parties. The undersigned hereby agrees that he/she will indemnify and hold harmless Lake Escape Boat Rentals for all personal injuries, property damages, or any other damages to any and all third parties, including, but not limited to, operators and passengers of other watercraft and minor children under the undersigned’s custody, care and control, as a result of any and all activities related to the rental, operation, or use of equipment provided by Rental Company, even if such damages arise out of the negligence or fault of Rental Company. ______ Initial

Liabilities to Third Parties. Claims made by third parties for which the insured is legally liable, except in respect of persons or property in the vessel, property belonging to or in the control of the insured or his employees.

Liabilities to Third Parties. Cover Provided Unless excluded under Section F of this Policy, we will re-imburse an insured person with any sum which that person becomes legally liable to pay in respect of any of the following:- - Loss of life or bodily injury, which results from ownership or use of the insured vessel. - Loss of or damage to any other vessel or property on board such other vessel which arises from ownership or use of the insured vessel. - Loss of or damage to any harbour, dock, slipway, gridiron, pontoon, pier, quay, jetty, buoy, cable or other fixed or movable property, which arises from ownership, or use of the insured vessel. - Costs that result from the raising, removal or destruction of the wreck of your vessel, or an attempt at any of these. We will also cover any bodily injury, death or loss or damage to property that arises because you fail to raise, remove or destroy the wreck of your vessel. - The rescue of you, your passenger or member of your crew. Option to Settle or Defend If an insured person is named in a suit alleging liability for these events, we will settle or defend the suit as we think appropriate. Our obligation to pay, settle or defend will not be subject to any deductible. Limit Of Liability Our liability under this Section shall be subject to a maximum limit of liability under section D of the schedule. Our obligation to pay, settle or defend ends when we have paid the maximum limit on your behalf. This limit is the most we will pay during any one policy period, regardless of number of incidents, number or persons or boats or property involved in a single incident, series of incidents or separate incidents. Once a claim is made under this section, the limit of liability will automatically be reduced by the amount of the claim. Restricted Limits for Water-skiing During such time as the vessel or dinghy are being used for water-skiing, aquaplaning or any similar sport in which objects or persons or both are towed, and until such operation has ceased and the persons or objects engaged in such sport have been safely taken on board the vessel or safely landed elsewhere, the limits afforded by this section shall be restricted limits as stated in the schedule under section D (ii).