Define knock-for-knock. knock-for-knock synonyms, knock-for-knock pronunciation, knock-for-knock translation, English dictionary definition of knock-for-knock. adj designating an agreement between vehicle insurers that in the event of an accident each wi
含有Knock for Knock条款的租约格式—Knock for Knock条款普遍在海上钻探石油行业的运输合同中被使用,例如: 1) Bimco “Heavycon” 2) Bimco “Towcon” 3) Bimco “Towhire” 4) Bimco “Supplytime” 基本概念是: “Knock-for-knock” contracts limit the risk and minimize insurance costs by avoiding duplic...
Knock-for-knock indemnity is reciprocal in nature and is based on ownership of property and personnel as opposed to allocating risk based on fault. Each party to an oil and gas contract agrees to take responsibility for and to indemnify the other party against injury and loss to its own prop...
knock for Knock 浅解 Knock for Knock 的起源 - 无从考究 , 很有可能是从汽车保险挪用的。 (互撞免赔协议 /knock-for-knock agreement 也有译为 -受损即受损,是一项保险原则。为了节省实施代位追 偿权的法律权力中产生的管理及法律费用承保汽车车辆的保险公司之间的一种协议, 规定签 ...
A definition for the term "knock-for-knock," is presented. It is used to describe a practice between insurance companies whereby each will pay for the repairs to the vehicle it insures in the event of an accident.EBSCO_bspBloomsbury Business Library - Business & Management Dictionary...
将“knock-for-knock agreement"翻译成中文 互撞免赔协议, 各自负责协议是“knock-for-knock agreement"到 中文 的最佳翻译。 knock-for-knock agreement noun 语法 An arrangement between multiple insurance companies in which each company pays the losses incurred by its own policy-holders in an event ...
causing damage to Vessel T. After the insurance company paid insurance compensation to the Towed Party, the insurance company subrogated to the Tug Operator. In the process of recovery, the insurance company claimed that the liability exclusion clause (“Knock for Knock Clause”) specially agreed ...
The thesis presents the main aspects connected with the knock-for-knock clauses used in the offshore sector and focus on how these provisions are treated in the United States (US) and Norwegian legal systems. The knock-for-knock agreements are very often used in the offshore business but ...
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According to Pritzker:“As we looked for opportunities to support the Ukrainian economy, we recognized that a robust insurance market was essential to attracting investment in the country,” she said in a statement. “This facility and the infusion of new private capital into Ukraine will help ...