AGGREGATE LIMIT OF INDEMNITY Sample Clauses

AGGREGATE LIMIT OF INDEMNITY. Where the minimum limit of indemnity required in relation to any of the Insurances is specified as being "in the aggregate": if a claim or claims which do not relate to this Framework Agreement are notified to the insurers which, given the nature of the allegations and/or the quantum claimed by the third party(ies), is likely to result in a claim or claims being paid by the insurers which could reduce the level of cover available below that minimum, the Supplier shall immediately submit to the Authority: details of the policy concerned; and its proposed solution for maintaining the minimum limit of indemnity specified; and if and to the extent that the level of insurance cover available falls below that minimum because a claim or claims which do not relate to this Framework Agreement are paid by insurers, the Supplier shall: ensure that the insurance cover is reinstated to maintain at all times the minimum limit of indemnity specified for claims relating to this Framework Agreement; or if the Supplier is or has reason to believe that it will be unable to ensure that insurance cover is reinstated to maintain at all times the minimum limit of indemnity specified, immediately submit to the Authority full details of the policy concerned and its proposed solution for maintaining the minimum limit of indemnity specified.
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AGGREGATE LIMIT OF INDEMNITY. 5.1 Where the minimum limit of indemnity required in relation to any of the Insurances is specified as being "in the aggregate":
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AGGREGATE LIMIT OF INDEMNITY. The Insurer's aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit of indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured Employee, then the amount payable for each Insured Employee will be in the proportion that the limit of indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, except for such limit of indemnity. This section only applies to losses payable under Section C5.1 Specific Loss Accident Indemnity and Section C5.2 Permanent Total Disability Indemnity.
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AGGREGATE LIMIT OF INDEMNITY. Where the minimum limit of indemnity required in relation to any of the Insurances is specified as being "in the aggregate": if a claim or claims which do not relate to this Dynamic Purchasing System Agreement are notified to the insurers which, given the nature of the allegations and/or the quantum claimed by the third party(ies), is likely to result in a claim or claims being paid by the insurers which could reduce the level of cover available below that minimum, the Supplier shall immediately submit to the Authority: details of the policy concerned; and its proposed solution for maintaining the minimum limit of indemnity specified; and if and to the extent that the level of insurance cover available falls below that minimum because a claim or claims which do not relate to this Dynamic Purchasing System Agreement are paid by insurers, the Supplier shall: ensure that the insurance cover is reinstated to maintain at all times the minimum limit of indemnity specified for claims relating to this Dynamic Purchasing System Agreement; or if the Supplier is or has reason to believe that it will be unable to ensure that insurance cover is reinstated to maintain at all times the minimum limit of indemnity specified, immediately submit to the Authority full details of the policy concerned and its proposed solution for maintaining the minimum limit of indemnity specified.
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AGGREGATE LIMIT OF INDEMNITY. The Aggregate Limit of Indemnity is and is the Limit of Indemnity for which Maritime Life shall be liable under this contract for all losses arising out of any one aircraft accident. In the event said Limit of Indemnity for any one aircraft accident is insufficient to pay the full amount of indemnity to you, then the amount payable to you shall be in the proportion that the Limit of Indemnity for any one aircraft accident bears to the total amount of insurance that would have been payable except for such Limit of Indemnity. Maritime Life EMPLOYEE WEEKLY DISABILITY BENEFIT EMPLOYEE WEEKLY 'DISABILITY BENEFIT (See Schedule for Amount) If you become Disabled while covered and are: seen by, and treated by, a licensed doctor and absent from work for more than the Waiting Period; weekly benefit payments will be made to you for the period following the later of: the date you are first seen by, and treated by, a licensed doctor or the end of the Waiting Period; for as long as you are Disabled and under the ongoing care of a licensed doctor but not beyond the Benefit Duration, regardless of any subsequent termination of coverage due to lay-off or termination of employment. Disabled means that solely because of either an illness or accidental injury, you cannot perform your job duties. Subsequent Disability A new Waiting Period and Benefit Duration will start, if you return to active work for:
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Related to AGGREGATE LIMIT OF INDEMNITY

  • Liability of Indemnitees (a) Notwithstanding anything to the contrary set forth in this Agreement, no Indemnitee shall be liable for monetary damages to the Partnership, the Limited Partners, or any other Persons who have acquired interests in the Partnership Interests, for losses sustained or liabilities incurred as a result of any act or omission of an Indemnitee unless there has been a final and non-appealable judgment entered by a court of competent jurisdiction determining that, in respect of the matter in question, the Indemnitee acted in bad faith or engaged in fraud, willful misconduct or, in the case of a criminal matter, acted with knowledge that the Indemnitee’s conduct was criminal.

  • LIMITATION OF LIABILITY; INDEMNITY (a) Neither the Sole Member nor the Manager will be personally liable for monetary damages for any action taken as a member or manager, or for any failure to take any action, and neither the Sole Member nor the Manager shall be liable for any debts, obligations or liabilities of the Company whether arising in tort, contract or otherwise, solely by reason of being a member or manager.

  • Limitation of Indemnity 31.3.1 Subject to Clause 31.9, an indemnity by either Party under any provision of this Agreement will be without limitation to any indemnity by that Party under any other provision of this Agreement.

  • Indemnification of Indemnitees From and after Bank Closing and subject to the limitations set forth in this Section and Section 12.6 and compliance by the Indemnitees with Section 12.2, the Receiver agrees to indemnify and hold harmless the Indemnitees against any and all costs, losses, liabilities, expenses (including attorneys' fees) incurred prior to the assumption of defense by the Receiver pursuant to paragraph (d) of Section 12.2, judgments, fines and amounts paid in settlement actually and reasonably incurred in connection with claims against any Indemnitee based on liabilities of the Failed Bank that are not assumed by the Assuming Institution pursuant to this Agreement or subsequent to the execution hereof by the Assuming Institution or any Subsidiary or Affiliate of the Assuming Institution for which indemnification is provided hereunder in (a) of this Section 12.1, subject to certain exclusions as provided in (b) of this Section 12.1:

  • Survival of Indemnification Notwithstanding any contrary provision contained in this Agreement, any election hereunder or any termination of this Agreement, and whether or not this Agreement is otherwise carried out, the provisions of Section 5 shall remain in full force and effect and shall not be in any way affected by, such election or termination or failure to carry out the terms of this Agreement or any part hereof.

  • Scope of Indemnity The actions, suits and proceedings described in Sections 1 and 2 hereof shall include, for purposes of this Agreement, any actions that involve, directly or indirectly, activities of the Indemnitee both in his official capacities as a Company director or officer and actions taken in another capacity while serving as director or officer, including, but not limited to, actions or proceedings involving (i) compensation paid to the Indemnitee by the Company, (ii) activities by the Indemnitee on behalf of the Company, including actions in which the Indemnitee is plaintiff, (iii) actions alleging a misappropriation of a "corporate opportunity," (iv) responses to a takeover attempt or threatened takeover attempt of the Company, (v) transactions by the Indemnitee in Company securities, and (vi) the Indemnitee's preparation for and appearance (or potential appearance) as a witness in any proceeding relating, directly or indirectly, to the Company. In addition, the Company agrees that, for purposes of this Agreement, all services performed by the Indemnitee on behalf of, in connection with or related to any subsidiary of the Company, any employee benefit plan established for the benefit of employees of the Company or any subsidiary, any corporation or partnership or other entity in which the Company or any subsidiary has a 5% ownership interest, or any other affiliate of the Company, shall be deemed to be at the request of the Company.

  • Limitation of Liability Indemnification (a)None of the Asset Manager, its affiliates, or any of their respective directors, members, stockholders, partners, officers, employees or controlling persons (collectively, “Managing Parties”) shall be liable to the Series or the Company for (i) any act or omission performed or failed to be performed by any Managing Party (other than any criminal wrongdoing) arising from the exercise of such Managing Party’s rights or obligations hereunder, or for any losses, claims, costs, damages, or liabilities arising therefrom, in the absence of criminal wrongdoing, willful misfeasance or gross negligence on the part of such Managing Party, (ii) any tax liability imposed on the Series or the Series #TICKER Asset, or (iii) any losses due to the actions or omissions of the Series or any brokers or other current or former agents or advisers of the Series.

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