Liability Requirements Sample Clauses
The Liability Requirements clause defines the obligations and limitations regarding the responsibility of parties for damages, losses, or claims arising from the agreement. Typically, it outlines the extent to which each party is liable, may set monetary caps on liability, and can specify exclusions for certain types of damages such as indirect or consequential losses. This clause serves to allocate risk between the parties, providing clarity on financial exposure and helping to prevent disputes over unforeseen liabilities.
Liability Requirements. Minimum requirements vary by state however most states do not have a statutory or regulatory requirements.
Liability Requirements. The selected vendor/contractor shall be responsible for initiation, maintaining, and supervising all safety precautions and programs in connection with the contract. The selected vendor/contractor shall take all reasonable precautions for the safety of, and shall provide all reasonable protection to prevent damage, injury or loss to, 1) all employees on the project and other persons who may be affected thereby; 2) all the SOW and all materials and equipment to be incorporated therein; and 3) other property at the site or adjacent thereto.
1. The selected vendor/contractor shall comply with all applicable laws, ordinances, rules, regulations and orders of any public authority having jurisdiction for the safety of persons or property or to protect them from damage, injury or loss.
2. All damage or loss to any property caused in whole or in part by the selected vendor/contractor, any subcontractor or anyone directly or indirectly employed by any of them, or by anyone for whose acts any of them may be liable, shall be remedied by the selected vendor/contractor, except damage or loss attributable to the fault or negligence of the City.
Liability Requirements. Coverage shall be written by a carrier rated “A:VIII” or better in accordance with the current A. M. Best Key Rating Guide.
Liability Requirements. Each party to this Agreement shall be responsible for its own acts and omissions and those of its officers, employees and agents. In no event shall either party be liable to the other party for indirect, consequential, incidental, special, or punitive damages, or lost profits. In the event that an agency is subject to liability, suits, losses, judgments, damages or other demands which are due to the acts or omissions of the other agency, the other agency will not be held harmless. Should suit be filed in the Ohio Court of Claims in accordance with Chapter 2743 of the Ohio Revised Code, [Local Government Agency] would be responsible for the payment of any settlement or judgment rendered against it.
Liability Requirements. (other than audit). To the extent allowable by law, ▇▇▇ agrees to be responsible for any liability, suits, losses, judgments, damages, or other demands brought as a result of its actions or omissions in the performance of this Agreement. ▇▇▇ agrees to be responsible for any liability, suits, losses, judgments, damages or other demands brought as a result of its negligent actions or omissions in performance of this Agreement.
Liability Requirements a) $1,000,000 single limit Bodily Injury and Property Damage coverage.
b) Endorsement naming Secured Party as an ADDITIONAL INSURED insofar as this equipment is concerned.
c) Endorsement giving Secured Party ten (10) days written notice of any cancellation, reduction or altering of coverage.
Liability Requirements. (Bodily Injury and Property Damage) --------- ------------
A. $1,000,000 Single Limit Bodily Injury and Property Damage coverage.
Liability Requirements