Common use of Limitation on Train Operator’s liability Clause in Contracts

Limitation on Train Operator’s liability. In relation to any claims for indemnity made by the CVL IM to which this Schedule 9 applies: the Train Operator shall not be liable to make payments in relation to such claims which are admitted in writing or finally determined in any Financial Year to the extent that its liability for such claims exceeds the Liability Cap for such Financial Year; and to the extent its liability for such claims exceeds the Liability Cap for such Financial Year, any claim for payment of a sum which exceeds such Liability Cap shall be extinguished and the Train Operator shall have no further liability for it.

Limitation on Train Operator’s liability. In relation to any claims for indemnity made by the CVL IM Network Rail to which this Schedule 9 applies: the Train Operator shall not be liable to make payments in relation to any such claims claim which are is admitted in writing or finally determined in any Financial Contract Year to the extent that its liability for any such claims claim exceeds the Aggregate Liability Cap for such Financial Contract Year; and to the extent its liability for such claims exceeds the Liability Cap for such Financial Year, any claim for payment of a sum which exceeds such Liability Cap shall be extinguished and the Train Operator shall have no further liability for it.and

Limitation on Train Operator’s liability. In relation to any claims for indemnity made by the CVL IM Network Rail to which this Schedule 9 applies: the Train Operator shall not be liable to make payments in relation to any such claims claim which are is admitted in writing or finally determined in any Financial Contract Year to the extent that its liability for any such claims claim exceeds the Aggregate Liability Cap for such Financial Contract Year; and to the extent that its liability for any such claims claim exceeds the Aggregate Liability Cap for such Financial Contract Year, any claim for payment of a sum in relation to any such claim which exceeds such Aggregate Liability Cap shall be extinguished and the Train Operator shall have no further liability for it.

Limitation on Train Operator’s liability. In relation to any claims for indemnity made by the CVL IM to which this Schedule 9 applies: the Train Operator shall not be liable to make payments in relation to such claims which are admitted in writing or finally determined in any Financial Contract Year to the extent that its liability for such claims exceeds the Liability Cap for such Financial Contract Year; and to the extent its liability for such claims exceeds the Liability Cap for such Financial Year, any claim for payment of a sum which exceeds such Liability Cap shall be extinguished and the Train Operator shall have no further liability for it.and