Common use of Initial Liability Amount Clause in Contracts

Initial Liability Amount. The Per Gallon Assessment and the Per Day Assessment are added together to become the initial liability amount for Violation 1. Initial Liability Amount for Violation 1: $6,805,432 + $16,000 = $6,821,432

Initial Liability Amount. The Per Gallon Assessment and the Per Day Assessment are added together to become the initial liability amount Initial Liability Amount for Violation 12. Initial Liability Amount for Violation 1: 2:‌ $6,805,432 210,129 + $16,000 36,400 = $6,821,432246,529