Common use of PROSPECTIVE LIABILITY Clause in Contracts

PROSPECTIVE LIABILITY. (a) Subject to clause 2.3 (Increase in prospective liability), for the purpose of the Corporations Xxx 0000 the maximum prospective liability (as defined in the Corporations Act 2001) secured by this Deed is A$10,000,000 or its equivalent but this paragraph does not limit the amount of liability at any time secured by or recoverable under this Deed.

Appears in 2 contracts

Samples: Foster Wheeler LTD, Foster Wheeler LTD

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PROSPECTIVE LIABILITY. (aA) Subject to clause 2.3 paragraph (Increase in prospective liabilityD), below, for the purpose of the Corporations Xxx 0000 the maximum prospective liability (as defined in the Corporations Act 2001) secured by this Deed Agreement is A$10,000,000 125,000,000 or its equivalent but this paragraph clause does not limit the amount of actual liability at any time secured by or recoverable under this DeedAgreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Multi Color Corp)

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PROSPECTIVE LIABILITY. (a) Subject to clause 2.3 (Increase in prospective liability)Clause 2.3, for the purpose purposes of the Corporations Xxx 0000 Law the maximum prospective liability (as defined in the Corporations Act 2001Law) secured by this Deed is shall be limited to A$10,000,000 or its equivalent but this paragraph does 10,000,000. This shall not limit effect the amount of liability at any time actually secured by or recoverable under this Deed.

Appears in 1 contract

Samples: Home Security International Inc

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