Liability Amount Sample Clauses
The Liability Amount clause sets a specific limit on the total financial responsibility one party may have to the other under the contract. Typically, this clause defines a maximum cap on damages or losses that can be claimed, often expressed as a fixed sum or a percentage of the contract value. By establishing this upper boundary, the clause provides predictability and protects parties from potentially unlimited exposure, thereby allocating risk and encouraging fair negotiation.
Liability Amount. The present value of the Transferred Liabilities calculated using the assumptions set out in the table below using member data and market conditions as at the Exit Date: Assumption Derivation Pre-retirement discount rate Based on the return seeking strategic asset allocation endorsed at the March 2018 Funding & Investment Committee meeting for the GE UK Pension Plan and the projected returns under the Yield Reversion ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Investment Model (“WTWIM”) relative to RPI inflation over a 10-year period at a confidence level of 70%. The discount rate is rounded to the nearest 0.05%. The strategic asset allocation is as follows: Total return-seeking (66%): Equities = 29% Alternatives = 28% Property = 9% Total Matching (34%). Post-retirement discount rate (current pensioners) A single equivalent gilt yield plus a margin of 0.5% pa, where the single equivalent yield is derived based on the projected cashflows of the current pensioner population and the full gilt yield curve. The discount rate is rounded to the nearest 0.05%. For this purpose, the gilt curve used is the ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ index-linked gilt yield plus RPI (as defined below). Post-retirement discount rate (future pensioners) A single equivalent gilt yield plus a margin of 0.5% pa, where the single equivalent yield is derived based on the projected cashflows of the future pensioner population and the full gilt yield curve. The discount rate is rounded to the nearest 0.05%. For this purpose, the gilt curve used is the ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ index-linked gilt yield plus RPI (as defined below). Retail Price Inflation (RPI) Market implied inflation at a duration consistent with that of the duration of the GE UK Pension Plan population, rounded to the nearest 0.05% pa Consumer Price Inflation (CPI) Set equal to RPI less 1% pa Salary increases Set equal to RPI Pension increases Derived in line with the relevant inflation definition and allowing for the relevant caps and floors using the Black model with an underlying RPI volatility assumption of 2.3% pa and an underlying CPI volatility assumption of 1.9% pa, all rounded to the nearest 0.05% pa Mortality assumption – base table 92% of SAPS S2 Normal Health base tables for both males and females with CMI 2017 projections from 2007 to 2018 with a long term trend of 1.50% pa Mortality assumption – future improvements CMI 2017 projections from 2018, with a 1.50% pa long term trend rate Cash commutation 20% of pension is assumed to be commuted using ...
Liability Amount. The present value of the Transferred Liabilities calculated using the assumptions set out in the table below using member data and market conditions as at the Exit Date: Pre-retirement discount rate Based on the return seeking strategic asset allocation endorsed at the March 2018 Funding & Investment Committee meeting for the GE UK Pension Plan and the projected returns under the Yield Reversion ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Investment Model (“WTWIM”) relative to RPI inflation over a 10-year period at a confidence level of 70%. The discount rate is rounded to the nearest 0.05%. The strategic asset allocation is as follows: Total return-seeking (66%): Equities = 29% Alternatives = 28% Property = 9%Total Matching (34%). Post-retirement discount rate (current pensioners) A single equivalent gilt yield plus a margin of 0.5% pa, where the single equivalent yield is derived based on the projected cashflows of the current pensioner population and the full gilt yield curve. The discount rate is rounded to the nearest 0.05%.For this purpose, the gilt curve used is the ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ index-linked gilt yield plus RPI (as defined below). Post-retirement discount rate (future pensioners) A single equivalent gilt yield plus a margin of 0.5% pa, where the single equivalent yield is derived based on the projected cashflows of the future pensioner population and the full gilt yield curve. The discount rate is rounded to the nearest 0.05%.For this purpose, the gilt curve used is the ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ index-linked gilt yield plus RPI (as defined below). Retail Price Inflation (RPI) Market implied inflation at a duration consistent with that of the duration of the GE UK Pension Plan population, rounded to the nearest 0.05% pa Consumer Price Inflation (CPI) Set equal to RPI less 1% pa Salary increases Set equal to RPI Pension increases Derived in line with the relevant inflation definition and allowing for the relevant caps and floors using the Black model with an underlying RPI volatility assumption of 2.3% pa and an underlying CPI volatility assumption of 1.9% pa, all rounded to the nearest 0.05% pa Mortality assumption – base table 92% of SAPS S2 Normal Health base tables for both males and females with CMI 2017 projections from 2007 to 2018 with a long term trend of 1.50% pa Mortality assumption – future improvements CMI 2017 projections from 2018, with a 1.50% pa long term trend rate Cash commutation 20% of pension is assumed to be commuted using GE UK Pension Plan cash c...
Liability Amount. Except as otherwise provided in this Chapter, a merchant who willfully violates this Chapter with respect to a consumer is liable to the consumer in an amount equal to the following:
(1) in an action by an individual consumer, the sum of:
(A) actual damages sustained by the consumer as a result of the violation; and
(B) not less than One Hundred Dollars ($100.00).
(2) In a class action, the amount the court determines to be appropriate with no minimum recovery as to each member. The total recovery in any class action or series of class actions arising out of the same violation shall not be more than the lesser of Five Hundred Thousand Dollars ($500,000.00) or one percent (1%) of the net worth of the merchant.
(3) If a particular rental-purchase agreement has more than one
(1) consumer, only one (1) recovery of damages is allowed for a violation of this Chapter. Multiple violations in connection with a single rental-purchase agreement entitle the consumer, or multiple consumers, to only one (1) recovery under this Chapter.
Liability Amount. The Sellers shall not be liable for any Claim under this Agreement unless the aggregate amount of all Claims exceeds EUR 30,000 (the "Basket Amount"). For the avoidance of doubt, the Sellers shall always be liable for the full amount, from the first Euro of any and all Damages and not only for the difference between the Basket Amount on one side and Damages. Except in the case of fraud, where no cap amount shall apply, the maximum aggregate liability of the Sellers shall not exceed an amount equal to 100 % of the total Purchase Price ("Cap Amount").
Liability Amount. The present value of the Transferred Liabilities calculated using the assumptions set out in the table below using member data and market conditions as at the Exit Date: