Sentences with phrase «contractual liability»

Examples are the employers liability and contractual liability exclusions.
Its meaning is important because it determines the types of contracts that are covered under contractual liability coverage.
Divorce insurance is a form of casualty insurance; specifically, contractual liability insurance.
Also, leases may include outdated terms like blanket contractual liability or broad form property damage liability.
Claims that arise due to contractual liability if individuals other than the owner or specified driver driving the vehicle.
Any expense towards the damaged caused during contractual liability is excluded under the scope of plan.
Virtually all commercial auto policies include contractual liability coverage.
Note that contractual liability applies only to bodily injury or property damage.
Pride of place must go to a Supreme Court decision on contractual liabilities on dismissal, which is of most note for what it did not decide.
The FTCA does not bar suits for breach of contract, does not bar suits for injunctive or declaratory relief, and does not bar suits against government employees for money damages for intentionally violating someone's civil rights (even though some union contract indemnify and defend government employees for civil rights violations, in practice, converting tort liability of an individual into contractual liability of the United States government).
(iv) There may, however, still be contractual liability with open ended damages if an employee complains that reputational damage was caused by being suspended in breach of a contractual procedure, with no supervening dismissal.
The revised claim was filed in the New York Bankruptcy Court last month (25 February), with Prudential Assurance Company, which owns the No. 1 Minster Court building which housed the failed firm's London practice, arguing the figure represents the firm's contractual liability under leases on the space.
He also, revealingly, said that the Trust had «paid no more than lip service to the need not to be seen to reward failure» and had failed to regard payments above statutory and contractual liability as «exceptional», the guidance issued by the Treasury.
You must have and maintain general liability insurance with complete operations coverage, broad form contractual liability coverage, property damage all with current minimum limits of $ 1,000,000 per person and $ 1,000,000 per occurrence, $ 3,000,000 in the aggregate, and other insurance in the types and amounts as we may require or as required by law.
the administration of President Muhammadu Buhari inherited road contractual liabilities worth N1.5 tn, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said.
The court ruled in favour of the defendant on other grounds and therefore did not need to examine the validity of the limitation clause, however the judge did state, obiter dicta, that if necessary he would have upheld the # 14K contractual liability cap as a fair and reasonable clause.
Construction contracts often contain express warranties that give rise to contractual liability when they are breached.
This coverage is separate from contractual liability.
Contractual Liability Coverage B excludes liability for personal and advertising injury that you assume on behalf of someone else under a contract.
If you looked at Bodily Injury and Property Damage Liability Coverage in your liability policy, you might think it did not cover contractual liability.
The decision of the Supreme Court in Edwards v Chesterfield Royal Hospital NHS Trust; Botham v Ministry of Defence [2011] UKSC 58, [2011] All ER (D) 101 (Dec) stops a potentially major extension of contractual liability on termination, particularly for high earners wanting to recover «loss of career» damages well in excess of the statutory limit for unfair dismissal.
These were originally introduced in 1934 in response to various legal challenges by motor insurers who sought to avoid their statutory and contractual liabilities under the 1930 Act.
Collecting and reviewing Additional Insured, Waiver of Subrogation, and Primary and Non-Contributory endorsements ensures that contractual liability coverage is in place.
The contractual liability of Chit Chats Express on the basis of culpable conduct of Chit Chats Express or its agents remains unaffected.
A fiduciary relationship, thus, goes beyond mere duty of care or contractual liability; it is a relationship that is premised on power imbalance and trust.
He has a wide expertise in all kind of Civil and Commercial Disputes between national and international major companies before either ordinary Courts or Arbitration Courts, including, amongst others, contractual liability, disputes between shareholders, directors liability, stock markets, unfair competition, private equity issues and construction agreements.
He has defended a Spanish company in two high - value arbitration cases for the acquisition of a Brazilian group of companies, winning damages over the sellers» contractual liability, who further sought vacatur of the awards in judicial proceedings in New York on the grounds of lack of impartiality of the President of the Arbitral Tribunal.
The Board of the Judicial Committee of the Privy Council (the «Board») considered that no statements or promises had been made that could lead to contractual liability or misrepresentation and suggested that in situations involving commercial parties dealing at arm's length, it would be extremely unusual for a duty of care to exist requiring a lender to disclose its internal lending policies.
It includes specific guidance as to how a manufacturer or distributor may be held liable in contract and in tort and provides guidance on topics such as manufacturing defects, design defects, failure to warn, general negligence and contractual liability.
Even if you think you have eliminated all the risks and hazards, you still can be sued for accidents, injury or property damage that might happen on your business» premises; exposures associated with your products, borrowed equipment or you may have to deal with contractual liability.
General Liability coverage also extends to contractual liability, which means that it will protect you if you are involved into some types of contracts, for example, a building lease; some license agreement; an elevator maintenance agreement etc..
The policy may also cover infringement on intellectual property, slander, libel, contractual liability, tenant liability and employment practices liability.
Intentional damage and contractual liabilities are typically not covered in these types of policies.
Examples are contractual liability, host liquor liability, and damage to rented premises.
For example, in 1926, an insurance industry spokesman noted that a bakery would have to buy a separate policy for each of the following risks: manufacturing operations, elevators, teamsters, product liability, contractual liability (for a spur track connecting the bakery to a nearby railroad), premises liability (for a retail store), and owners» protective liability (for negligence of contractors hired to make any building modifications).
This coverage is provided via an exception to a contractual liability exclusion that appears under auto liability coverage.
This is because Coverage A contains a contractual liability exclusion.
Contractual liability is specifically excluded under personal and advertising injury liability coverage (Coverage B).
Manage project schedule and maintain and highlight impact on cash flow and contractual liabilities.
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