Minimum and Maximum Claims Sample Clauses

Minimum and Maximum Claims. 2.1 The Management Sellers shall not be liable in respect of any individual Relevant Claim unless (and then only to the extent that) the amount that would otherwise be recoverable from the Management Sellers in respect of such Relevant Claim exceeds £2,500. For the purposes of this paragraph, where a Relevant Claim relates to more than one Event which would separately constitute a Relevant Claim, it shall be treated as a separate Relevant Claim in respect of each such Event. 2.2 The Management Sellers shall not be liable in respect of any Relevant Claim or Relevant Claims unless and until (and then only to the extent that) the aggregate amount that would otherwise be recoverable from the Management Sellers in respect of all such Relevant Claims (after giving due effect to paragraph 2.1 above in relation to each Relevant Claim) exceeds £175,000 (in which event the Management Sellers shall be liable for the whole amount and not merely the excess over £175,000). 2.3 The total aggregate liability of each of the Management Sellers in respect of all and any Relevant Claims and any claims under or in respect of Schedule 4 of this Agreement (inclusive of costs and interest) shall not exceed the amount set out opposite each Management Seller’s name in column 3 of Schedule 1. 2.4 Any amounts paid in respect of a Relevant Claim and/or any claims under or in respect of Schedule 4 of this Agreement and subsequently refunded and/or set off under paragraph 7 of Schedule 9 or paragraph 8 of Schedule 4 shall be disregarded to the extent of the refund and/or set off for the purposes of paragraph 2.3 of Schedule 9 in the event of any further Relevant Claim and/or any claims under or in respect of Schedule 4 of this Agreement.
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Minimum and Maximum Claims. (a) De minimis
Minimum and Maximum Claims. The Warrantors shall not be liable in respect of any Relevant Claim or Relevant Claims unless and until the aggregate amount that would otherwise be recoverable from the Warrantors in respect of all such Relevant Claims exceeds £2,000,000 (in which event the Warrantors shall be liable for the whole amount and not merely the excess over £2,000,000). To the extent that the Purchaser or any Group Company pays an excess under the premises pollution liability insurance entered into by the Purchaser on or around the date of this Agreement in respect of certain of the Properties and provides evidence reasonably satisfactory to the Warrantors that it has done so, such payment shall be deemed to be a Relevant Claim for the purposes of (and only for the purposes of) this paragraph 3.1.
Minimum and Maximum Claims. 3.1 The Seller shall not be liable in respect of any individual Relevant Claim (or series of related claims with respect to the same facts or circumstances) unless (and then only to the extent that) the amount that would otherwise be recoverable from the Seller in respect of such Relevant Claim (or series of related claims) exceeds £35,000. 3.2 The Seller shall not be liable in respect of any Relevant Claim or Relevant Claims unless and until the aggregate amount that would otherwise be recoverable from the Seller in respect of all such Relevant Claims (after giving due effect to paragraph 3.1 above in relation to each Relevant Claim) exceeds £350,000 (in which event the Seller shall be liable for the whole amount and not merely the excess over £350,000). 3.3 The total aggregate liability of the Seller in respect of all and any: 3.3.1 Relevant Claims or claims under the Indemnities or under the provisions of clauses 9.3 or 9.4 (in all cases, inclusive of costs and interest) shall not exceed £1,980,000; 3.3.2 claims in relation to the Fundamental Warranties and any other claim for breach of a provision of this Agreement (not being a Relevant Claim, a claim under the Indemnities, a claim under the Tax Deed, a claim under the Camfil Indemnity or a claim under the provisions of clauses 9.3 or 9.4) shall not in aggregate exceed £22,000,000; 3.3.3 claims under the Camfil Indemnity (inclusive of costs and interest) shall not exceed €1,500,000; 3.3.4 claims (other than claims covered by 3.3.5 below) under the Tax Deed shall not exceed £1,000,000; 3.3.5 claims under clause 2.2 of the Tax Deed shall not exceed £22,000,000, provided that, for the avoidance of doubt, in respect of all and any claims under this paragraph 3.3 the Seller’s total aggregate liability shall not under any circumstances exceed £22,000,000.
Minimum and Maximum Claims. 3.1 The Seller shall not be liable in respect of any individual Warranty Claim unless the amount that would otherwise be recoverable from the Seller in respect of such Warranty Claim exceeds £1 million. For the purposes of this paragraph where more than one Warranty Claim relates to the same subject matter then for the purpose of this paragraph 3.1 these claims may be aggregated. This paragraph shall not apply in relation to the Warranty Claims referred to in paragraph 3.2.1. 3.2 The Seller shall not be liable in respect of any Warranty Claim or Warranty Claims unless and until the aggregate amount that would otherwise be recoverable from the Seller in respect of all such Warranty Claims (after giving due effect to paragraph 3.1 above in relation to each Claim) exceeds: 3.2.1 £1 million in the case of each of (1) Asbestos Claims or (2) Warranty Claims in respect of the Warranties set out in the last sentence of paragraph 20.4 of Schedule 6 and (3) Warranty Claims in respect of paragraph 24 of Schedule 6 so that for the avoidance of doubt in order for the Seller to be potentially liable in respect of any Warranty Claim in relation to each such category (1), (2) and (3), the claims within each category must together exceed £1 million in order for claims to be brought under that category; and

Related to Minimum and Maximum Claims

  • Term and Maximum Compensation 1.4.1. The term of this CONTRACT is for three (3) years, commencing upon Board of Supervisor approval, with a maximum allowable compensation of one million, five hundred thousand dollars ($1,500,000), with the option to renew for two (2) additional years, with Board approval; except as permitted in Paragraph 1.5 below.

  • Maximum order The Contractor is not obligated to honor— (1) Any order for a single item in excess of N/A per year (2) Any order for a combination of items in excess of N/A per year (3) A series of orders from the same ordering office within 365 days that together call for quantities exceeding the limitation in paragraph (b)(1) or (2) of this section.

  • Guaranteed Maximum Costs The City’s payment obligation to Contractor cannot at any time exceed the amount certified by City’s Controller for the purpose and period stated in such certification. Absent an authorized Emergency per the City Charter or applicable Code, no City representative is authorized to offer or promise, nor is the City required to honor, any offered or promised payments to Contractor under this Agreement in excess of the certified maximum amount without the Controller having first certified the additional promised amount and the Parties having modified this Agreement as provided in Section 11.5, “Modification of this Agreement.”

  • Minimum Orders Client may order Manufacturing Services for batches of Products only in multiples of the Minimum Order Quantities as set out in Schedule B to a Product Agreement.

  • MINIMUM ORDER QUANTITY The State makes no commitment to purchase any minimum or maximum quantity, or dollar volume of products from the selected suppliers. Utilization of this agreement will be on an as needed basis by State Agencies and/or Cooperative Participants, Cities, Counties, Schools K-12, Colleges and Universities. The State will award to multiple suppliers; however, the State reserves the right to purchase like and similar products from other suppliers as necessary to meet operational requirements.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • Minimum Order When the Government requires supplies or services covered by this contract in an amount of less than one each, the Government is not obligated to purchase, nor is the Contractor obligated to furnish those supplies or services under the contract.

  • Guaranteed Maximum Price (GMP Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Four Hundred Eighteen Thousand, Six Hundred Eighty-Six Dollars and Eighteen Cents ($418,686.18) for the identified Sub-Project.

  • Guaranteed Maximum Price The total monies payable to Developer under the terms and conditions of the Contract Documents.

  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

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