Liability to Others Sample Clauses
The "Liability to Others" clause defines the circumstances under which one party is responsible for damages, losses, or injuries caused to third parties as a result of their actions or omissions. Typically, this clause outlines the scope of liability, any limitations or exclusions, and may specify whether the party must indemnify or defend the other party against third-party claims. Its core practical function is to allocate risk between the contracting parties by clarifying who bears responsibility for harm to external parties, thereby reducing uncertainty and potential disputes.
Liability to Others. The Sole Member intends that the Company not be a partnership (including, without limitation, a limited partnership) or joint venture. It is the intention of the Sole Member that it shall have the benefit of Section 18-303(a) of the LLC Law. The debts, obligations and liabilities of the Company (whether arising in contract, tort or otherwise) are solely the debts, obligations and liabilities of the Company, and neither the Sole Member, nor the Managers nor the Officers shall be liable therefor solely by reason of being a member of the Company or acting as a manager or an officer of the Company. No failure of the Company to observe any corporate or other formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement or the LLC Law shall be grounds for imposing liability on the Sole Member, any Manager or any Officer (or any member or other holder of an equity interest in the Sole Member or any director, manager, board observer, officer or employee of any of the foregoing or any of their affiliates) for any debt, obligation or liability of the Company.
Liability to Others. Driving your vehicle Other people driving or using your vehicle Legal personal representatives Cover for principals Legal costs Towing Emergency medical treatment
Liability to Others. The Member intends that the Company not be a partnership (including, without limitation, a limited partnership) or joint venture. It is the intention of the Member that it shall have the benefit of Section 18-303(a) of the Act. The debts, obligations and liabilities of the Company are solely the debts, obligations and liabilities of the Company, and the Member shall not be liable therefore solely by reason of being a member of the Company. Furthermore, if applicable, no holder of an equity interest in the Member, or any director, officer or employee of any of the foregoing or any of their Affiliates, shall be obligated personally for any debt, obligation or other liability of the Company solely by reason of being a holder of an equity interest in the Member, or a director, officer or employee of any of the foregoing or any of their Affiliates. No failure of the Company to observe any corporate or other formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement or the Act shall be grounds for imposing liability on the Member (or, if applicable, any holder of an equity interest in the Member, or any director, officer or employee of any of the foregoing or any of their Affiliates) for any debt, obligation or liability of the Company.
Liability to Others. Driving your vehicle Driving other cars (if this is shown on your certificate of motor insurance) Other people driving or using your vehicle Legal personal representatives
Liability to Others. Insuring Agreement
Liability to Others. Insuring Agreement Additional Definition for Part I Only
Liability to Others. The obligations and liabilities of the Company are solely the obligations and liabilities of the Company, and the Member shall not be liable therefore solely by reason of being a Member. No failure of the Company to observe any formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement shall be grounds for imposing liability on the Member for any liability of the Company to any third party.
Liability to Others. The Sole Member intends that the Company not be a partnership (including, without limitation, a limited partnership) or joint venture. It is the intention of the Sole Member that it shall have the benefit of Sections 1705.48(A) and (B) of the LLC Law. The debts, obligations and liabilities of the Company (whether arising in contract, tort or otherwise) are solely the debts, obligations and liabilities of the Company, and neither the Sole Member, nor the Managers nor the Officers shall be liable therefor solely by reason of being a member of the Company or acting as a manager or an officer of the Company. No failure of the Company to observe any corporate or other formality or requirement relating to the exercise of its powers or the management of its business or affairs under this Agreement or the LLC Law shall be grounds for imposing liability on the Sole Member, any Manager or any Officer (or any member or other holder of an equity interest in the Sole Member or any director, manager, board observer, officer or employee of any of the foregoing or any of their affiliates) for any debt, obligation or liability of the Company.
Liability to Others. Driving your vehicle Driving other cars Other people driving or using your vehicle Legal personal representatives Business use (private cars only) Cover for principals Contingent liability Joint liability Unauthorised movement Legal costs Towing Emergency medical treatment
Liability to Others. Insuring Agreement
1. Punitive damages awarded pursuant to the Alabama Wrongful Death Act, but not other punitive damages.
2. Prejudgment interest awarded against the insured person. We have the right to investigate, negotiate and settle any claim for damages covered by this coverage as we deem appropriate. We will settle or defend claims and lawsuits for damages covered under this Part I as we deem proper, with attorneys hired and paid for by us. In addition to our limit of liability, we will pay all defense costs we incur. Our duty to settle or defend ends:
1. When our limit of liability for damages under this coverage has been paid as a final settlement or judgment; or
2. Upon release or consent of the insured person. We have no duty to defend any lawsuit or settle any claim for bodily injury or property damage not covered under this policy. Form 06-AL (06/19) Page 7 of 38 As used in Part I: