Liability Exposure Sample Clauses
The Liability Exposure clause defines the extent to which each party is responsible for losses, damages, or claims arising from the agreement. Typically, it sets limits on the amount or types of damages one party may recover from the other, such as capping liability at a certain dollar amount or excluding indirect or consequential damages. This clause is essential for allocating risk between the parties and providing predictability, ensuring that neither side faces unlimited financial exposure due to unforeseen events or breaches.
Liability Exposure. Any and all losses not covered under the Fidelity Bond or Errors and Omissions Policy, as a result of (i) the respective deductible provisions thereof, (ii) the limits of coverage of the Fidelity Bond or Errors and Omissions Policy or (iii) any claim denied which should have been covered by the Fidelity Bond or the Errors and Omissions Policy, as the case may be, according to the terms of this Agreement had the Fidelity Bond or Errors and Omissions Policy been properly obtained and maintained and respective claim been properly submitted for payment, shall be borne by the Servicer, where the Servicer has acted in a manner in which the Servicer is not relieved from liability as described in Section 4.4.2 hereof.
Liability Exposure. The Parties understand and agree that the liability of the University, its officials and employees, is controlled and limited by the provisions of Title 2, Chapter 9, of the Montana Code Annotated. Any provisions of this Agreement shall be controlled, limited and otherwise modified to limit any liability of the State of Montana and the University to that set forth in the above-cited law.
Liability Exposure. The parties hereto understand and agree that liability for claims for injuries to persons or property arising out of the negligence of the State of Colorado, its departments, institutions, agencies, boards, officials, and employees is controlled and limited by the provisions of §▇▇-▇▇-▇▇▇, et seq., C.R.S. and §24-30-1501, et seq., C.R.S. Any provision of this Lease, whether or not incorporated herein by reference, shall be controlled, limited and otherwise modified so as to limit any liability of the Lessor and the Lessee to the above cited laws.
Liability Exposure. Notwithstanding any other provision of this Agreement, no term or condition of this Agreement shall be construed or interpreted as a waiver of any provision of the Colorado Governmental Immunity Act, C.R.S. §▇▇-▇▇-▇▇▇, et seq.
Liability Exposure. The parties hereto understand and agree that liability of the State of Montana, MSU, its officials and employees is controlled and limited by the provisions of Title ▇, ▇▇. ▇, ▇▇▇▇▇▇▇ Codes Annotated. Any provisions of this subcontract, whether or not incorporated herein by reference, will be controlled, limited and otherwise modified to limit any liability of the State of Montana and MSU to that set forth in the above cited laws.
Liability Exposure. The parties understand and agree that the liability of Great Falls College MSU, its officials and employees, is controlled and limited by the provisions of Title 2, Ch. 9, MCA. Any provisions of this agreement shall be controlled, limited and otherwise modified to limit any liability of the State of Montana and Great Falls College MSU to that set forth in the above cited law.
Liability Exposure. The parties hereto understand and agree that liability for claims for injuries to persons or property arising out of the negligence of the State of Colorado, its departments, institutions, agencies, boards, officials and employees is controlled and limited by the provisions of ▇▇-▇▇-▇▇▇, et seq., C.R.S., and 24-30-1501, et seq., C.R.
Liability Exposure. The parties understand and agree that the liability of GFC, its officials and employees, is controlled and limited by the provisions of Title 2, Ch. 9, MCA. Any provisions of this agreement shall be controlled, limited and otherwise modified to limit any liability of the State of Montana and GFC to that set forth in the above cited law.
Liability Exposure. The Parties understand and agree that the liability of MSUB, its officials and employees, is controlled and limited by the provisions of Title 2, Ch. 9, MCA. Any provisions of this Agreement shall be controlled, limited and otherwise modified to limit any liability of the State of Montana and MSUB to that set forth in the above cited law.
Liability Exposure. RPF acknowledges, agrees, and understands that King County is self-insured for all of its liability exposures, including but not limited to worker's compensation. King County agrees, at its own expense, to maintain through 625 its self-insurance program coverage for its liability exposures for the duration of this 626 Agreement, or, at King County's sole discretion, to purchase equivalent insurance 627 coverage through an insurance policy or policies, or through a risk sharing pool. 628 King County agrees to provide RPF with at least thirty days prior written notice of 629 any change in its self-insured status and will upon request provide RPF with a letter 630 of self-insurance as adequate proof of insurance.