Common use of Monetary Limitation of liability Clause in Contracts

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Crore (Rupees Five Crore Twenty- Eight Lakh Only).

Appears in 2 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement

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Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs 0.73 Crore (Rupees Five Crore Twenty- Eight Seventy Three Lakh Only).

Appears in 2 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 11.2.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 11 for any indemnity claims made in a Contract Year only up to an amount of Rupees equivalent to half percent (0.5%) of the average annual Tariff Payment for the Contract Year subject to a maximumof Rs. 5.28 Crore 10,00,000/- (Rupees Five Crore Twenty- Eight Lakh Only)rupees ten lakh) in which the indemnity claim is made.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 4.20 Crore (Rupees Five Four Crore Twenty- Eight Twenty Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 1 Crore (Rupees Five One Crore Twenty- Eight Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 5.27 Crore (Rupees Five Crore Twenty- Eight Twenty Seven Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Crore Rs.60 Lakh (Rupees Five Crore Twenty- Eight Lakh OnlySixty Lakh).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs 1.84 Crore (Rupees Five One Crore Twenty- Eight Eighty Four Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs 0.60 Crore (Rupees Five Crore Twenty- Eight Sixty Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Crore 7.17crore (Rupees Five Seven Crore Twenty- Eight and Seventeen Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rupees 3.87 Crore (Rs. 5.28 Three Crore (Rupees Five Crore Twenty- Eight Eighty Seven Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 0.67 Crore (Rupees Five Crore Twenty- Eight Sixty Seven Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 9.4.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 9 for any indemnity claims made in a Contract Year only up to an amount as per Article 4.1.6 of Rs. 5.28 Crore (Rupees Five Crore Twenty- Eight Lakh Only)this Agreement.

Appears in 1 contract

Samples: Implementation Agreement

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Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs 4.93 Crore (Rupees Five Four Crore Twenty- Eight Ninety Three Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs 1.30 Crore (Rupees Five One Crore Twenty- Eight Thirty Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rupees 31.83 Crore (Rs. 5.28 Thirty One Crore (Rupees Five Crore Twenty- Eight Lakh Onlyand Eighty Three Lakh).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs.4.67 Crore (Rupees Five Four Crore Twenty- Eight Sixty Seven Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 0 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs.0.39 Crore (Rupees Five Crore Twenty- Eight Thirty Nine Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 15 for any indemnity claims made in a Contract Year only up to upto an amount of Rs. 5.28 Rs 5 Crore (( Rupees Five Crore Twenty- Eight Lakh OnlyCrores).

Appears in 1 contract

Samples: Term of Agreement

Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 5.28 Rs 1.33 Crore (Rupees Five One Crore Twenty- Eight Thirty Three Lakh Only).

Appears in 1 contract

Samples: Transmission Service Agreement

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