Examlex
Process capability determines whether a process is capable of producing the product or services that customers demand.
Navigation Limits
Restrictions or boundaries set for the areas in which a vessel is allowed to travel.
Breach of Contract
A violation of any of the agreed-upon terms and conditions of a binding contract.
Co-Insurance Clause
A clause that may be inserted in an insurance policy that renders the insured an insurer for a part of the loss if the insured fails to maintain insurance coverage of not less than a specified minimum amount or percentage of the value of a property.
Indemnity
A contractual promise to compensate for loss or damage incurred by the promisee.
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