Minimum Liability Amount Sample Clauses

Minimum Liability Amount. Fifty Six Million and No/100 ($56,000,000)
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Minimum Liability Amount. The Enforcement Policy requires that the minimum liability amount imposed not to be below a Discharger’s economic benefit plus 10 percent. The proposed liability is substantially more than Cal Water’s economic benefit plus 10 percent. The mandatory minimum penalty statute does not apply to this discharge because it is unauthorized.
Minimum Liability Amount. US$ * or any higher amount as may be required by law wherever the aircraft is operating.
Minimum Liability Amount. The Enforcement Policy requires the Regional Board to recover, at a minimum, 10% more than the economic benefit. Because the economic benefit is negligible, so is the minimum liability amount.
Minimum Liability Amount. The Enforcement Policy requires that the minimum liability amount imposed not to be below a discharger’s economic benefit plus 10 percent. Since there is no significant economic benefit, the proposed liability satisfies this condition.
Minimum Liability Amount. Water Code section 13385(e) requires that when pursuing civil liability under section 13385, "at a minimum, liability shall be assessed at a level that recovers the economic benefit, if any, derived from the acts that constitute the violation." The Enforcement Policy requires that the adjusted Total Base Liability Amount be at least ten percent (10%) higher than the Economic Benefit. As noted in Step 7, the Discharger did not receive an economic benefit by delaying stormwater diversion to the effluent flumes. However, in consideration of the mandatory minimum penalties the Discharger would have been subjected pursuant to Water Code sections 13385(h) and (i), for the effluent limit violations listed in Exhibit 1 during the alleged violation period ($162,000), the Prosecution Team determines it is appropriate to use the mandatory minimum penalties in lieu of the economic benefit to calculate the minimum liability amount. Therefore, the Minimum Liability Amount that should be assessed for this violation is (1.1 x $162,000) = $178,200. The final penalty reached through settlement and fair application of the Enforcement Policy factors is $674,306, which falls between the minimum and maximum penalty range.
Minimum Liability Amount. The portion of this Exhibit appearing below this text is intentionally deleted from the FAA filing counterpart as the parties hereto deem it to contain confidential information. The Minimum Liability Amount shall be $1,000,000,000 per occurrence (or such other minimum amount as may be reasonably requested by Lessor from time to time in the event Lessee no longer obtains airline liability insurance coverage as part of the Lessor’s airline aviation liability insurance placement).
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Minimum Liability Amount. The Enforcement Policy requires the Regional Water Board to recover, at a minimum, 10% more than the economic benefit. The minimum liability that may be imposed is the economic benefit ($17,503) plus 10%, which is $19,253. The final liability amount for the violation is $47,310, which is higher than the minimum liability amount.
Minimum Liability Amount. The portion of this Exhibit appearing below this text is intentionally deleted from the FAA filing counterpart as the parties hereto deem it to contain confidential information. The Minimum Liability Amount shall be $*** per occurrence (or such other minimum amount as may be reasonably requested by Sublessor from time to time in the event Sublessee no longer obtains airline liability insurance coverage as part of the Sublessor’s airline aviation liability insurance placement). SECTION 1. Definitions SECTION 2. Acceptance and Lease SECTION 3. Term and Rent SECTION 4. Lessor’s Representations and Warranties SECTION 5. Return of the Engine SECTION 6. Liens SECTION 7. Maintenance and Operation; Possession; Insignia. SECTION 8. Replacement and Pooling of Parts; Alterations, Modifications and Additions SECTION 9. Voluntary Termination SECTION 10. Loss, Destruction, Requisition, etc. of Engine SECTION 11. Insurance SECTION 12. Inspection SECTION 13. Assignment SECTION 14. Events of Default SECTION 15. Remedies; Automatic Termination SECTION 16. Lessee’s Cooperation Concerning Certain Matters SECTION 17. Notices SECTION 18. No Set-Off, Counterclaim, etc SECTION 19. No Renewal SECTION 20. Maintenance Program SECTION 21. Lessor’s Right to Perform for Lessee SECTION 22. [Intentionally Omitted]. SECTION 23. Service of Process SECTION 24. Miscellaneous SECTION 25. [Intentionally Omitted.] SECTION 26. Covenant of Quiet Enjoyment SECTION 27. Federal Bankruptcy Code SECTION 28. Use of Funds SECTION 29. Lessee’s Representations, Warranties and Indemnities SECTION 30. Certain Representations, Warranties and Covenants SECTION 31. Covenants of Lessee SECTION 32. Consent to Jurisdiction SECTION 33. Owner for Federal Tax Purposes EXHIBIT A - Form of Lease Supplement EXHIBIT B - Basic Rent EXHIBIT C - Stipulated Loss Value Schedule EXHIBIT D - Return Conditions EXHIBIT E - Minimum Liability Amount EXHIBIT F - Headlease Variations EXHIBIT G - Quick Engine Change Kit Specifications This ENGINE LEASE AGREEMENT [NW 2005 ], dated as of [ ], 2005, between NORTHWEST AIRLINES, INC., a corporation organized and existing pursuant to the laws of the State of Minnesota (“Lessor”), and MESABA AVIATION, INC., a corporation organized and existing pursuant to the laws of the State of Minnesota (“Lessee”);

Related to Minimum Liability Amount

  • Maximum Liability The provisions of this Loan Guaranty are severable, and in any action or proceeding involving any state corporate law, or any state, federal or foreign bankruptcy, insolvency, reorganization or other law affecting the rights of creditors generally, if the obligations of any Loan Guarantor under this Loan Guaranty would otherwise be held or determined to be avoidable, invalid or unenforceable on account of the amount of such Loan Guarantor’s liability under this Loan Guaranty, then, notwithstanding any other provision of this Loan Guaranty to the contrary, the amount of such liability shall, without any further action by the Loan Guarantors or the Lenders, be automatically limited and reduced to the highest amount that is valid and enforceable as determined in such action or proceeding (such highest amount determined hereunder being the relevant Loan Guarantor’s “Maximum Liability”. This Section with respect to the Maximum Liability of each Loan Guarantor is intended solely to preserve the rights of the Lenders to the maximum extent not subject to avoidance under applicable law, and no Loan Guarantor nor any other person or entity shall have any right or claim under this Section with respect to such Maximum Liability, except to the extent necessary so that the obligations of any Loan Guarantor hereunder shall not be rendered voidable under applicable law. Each Loan Guarantor agrees that the Guaranteed Obligations may at any time and from time to time exceed the Maximum Liability of each Loan Guarantor without impairing this Loan Guaranty or affecting the rights and remedies of the Lenders hereunder, provided that, nothing in this sentence shall be construed to increase any Loan Guarantor’s obligations hereunder beyond its Maximum Liability.

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • 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

  • Minimum Cash As determined on the first of every calendar month, the Company shall at all times keep on-hand unencumbered, unrestricted cash in an amount greater than or equal to $1,000,000.

  • Minimum Liquidity The Borrower shall not permit Liquidity at any time to be less than $50,000,000.

  • Liability Cap TO THE EXTENT PERMITTED BY APPLICABLE LAW, AND NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, EACH PARTY’S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT FOR ALL CLAIMS OF ANY KIND WILL NOT EXCEED THE AMOUNTS PAID OR PAYABLE BY CUSTOMER TO SURVEYMONKEY UNDER THIS AGREEMENT DURING THE TWELVE (12) MONTHS PRIOR TO THE EVENT GIVING RISE TO THE LIABILITY (“GENERAL CAP”). NOTWITHSTANDING THE FOREGOING, EACH PARTY’S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT FOR ALL CLAIMS RELATED TO A PARTY’S BREACH OF ITS OBLIGATIONS UNDER SECTION 7 (“SECURITY AND PRIVACY”) AND SECTION 9 ("CONFIDENTIALITY") ABOVE SHALL NOT EXCEED TWO (2) TIMES THE AMOUNT OF FEES ACTUALLY PAID BY THE CUSTOMER UNDER THIS AGREEMENT DURING THE TWELVE (12) MONTHS PRIOR TO THE EVENT GIVING RISE TO THE LIABILITY (“ENHANCED CAP”). THE GENERAL CAP AND ENHANCED CAP WILL NOT APPLY TO LIABILITY FOR (A) FRAUD OR WILFUL MISCONDUCT, (B) DEATH OR PERSONAL INJURY, (C) INFRINGEMENT OF A THIRD PARTY’S INTELLECTUAL PROPERTY RIGHTS OR (D) CUSTOMER’S OBLIGATION TO PAY ANY UNDISPUTED FEES, INVOICES OR COSTS UNDER THIS AGREEMENT.

  • Minimum Current Ratio The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2018), permit the Current Ratio to be less than 1.00 to 1.00.

  • Liability Limit THE REMEDY IN ANY CLAIM OR SUIT BY YOU AGAINST US WILL BE LIMITED TO DIRECT, ACTUAL DAMAGES, AND NEITHER NEXTERA ENERGY SERVICES OHIO, LLC NOR ANY OF ITS AFFILIATES WILL BE LIABLE FOR CONSEQUENTIAL, SPECIAL, INCIDENTAL, INDIRECT (INCLUDING LOSS OF PROFITS) OR PUNITIVE DAMAGES.

  • Excess Liability Developer will purchase and maintain excess liability insurance in an amount not less than $5,000,000.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

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