Upper Limit. This Agreement shall apply to the outlay of the « own damage » insurer up to 6000 UC3 in respect of damage to the vehicle. Similarly, any recovery sought by the liability insurer from the « own damage » insurer shall be limited to the appropriate proportion of the maximum outlay of 6000 UC in respect of damage to the vehicle.
Upper Limit. Notwithstanding Subsection 7.2(a), Sonic shall not be required to indemnify the VERITAS Indemnitees for any Losses in excess of a combined total of $9,200,000, except that this limitation shall not apply to any Losses attributable to fraud or intentional misconduct.
Upper Limit. BCI will redeem in cash and at the Redemption Price per share determined at the date of tender each share of Stock tendered by the Executor of a Principal Shareholder to BCI for redemption; provided, however, that the aggregate number of shares of Stock to be redeemed by BCI shall not exceed the number of shares of Stock redeemable under Section 303 of the Code without unfavorable dividend tax -5- <PAGE> consequences. The initial redemption of shares of Stock for each Principal Shareholder shall be the greatest of (i) the minimum number of shares of Stock that must be redeemed in payment of Death Taxes due at the time the returns for Death Taxes are due and all Administration Expenses incurred to such time, (ii) the maximum number of shares of Stock that could be redeemed equal in aggregate value to the proceeds of life insurance on such Principal Shareholder received by BCI within nine months of the death of such Principal Shareholder, or, (iii) in the cases of the Estates of Xxxxxxx and Xxxxxx Block the value of the Stock determined by multiplying the liability for Death Taxes and Administration Expenses as initially determined in the Estate of Xxxxxxx Block or Xxxxxx Block, as the case may be, by a fraction, the numerator of which is the aggregate value of the shares initially redeemed in the Estate of Xxxx Block, Jr. and the denominator of which is the aggregate liability of Death Taxes and Administration Expenses as initially determined in the Estate of Xxxx Block, Jr. (B)
Upper Limit. The total cost for Consultant's services and expenditures under this agreement shall not exceed [inserted in handwriting "$5,000.00"]. Payment for charges over this amount will not be made. Payment:
Upper Limit. In consideration for performing the activities described in Article III, CCG shall submit advance payments to Subrecipient pursuant to 2 C.F.R. §200.305(b) for allowable costs (as defined at 2 C.F.R. Part 200 (Subpart E) up to a total amount not to exceed the maximum (or “ceiling”) amount listed in Exhibit B.
Upper Limit. 3.1 The aggregate liability of the Seller:
Upper Limit. Under state law there is nothing to prevent the District Board from increasing tax collection at any time up to its 75 cents per $1,000 assessed value limit. However, the interlocal agreement will commit the District for the first 6 years to collecting sufficient revenue (about 42 cents per $1,000 if it were in place in 2014) to support an average $54.3 million/year spending plan including inflationary adjustments each year.
Upper Limit. 4.1 The aggregate liability of the Seller respect of all Claims, Tax Claims (excluding for the avoidance of doubt, any Tax Claim which is a Tax Escrow Claim or any other Tax Escrow Claim) and Fundamental Warranty Claims shall not exceed $5,500,000 or, if lower, the amount standing to the credit of the Escrow Account in respect of the General Escrow Amount and, in respect of such amount, the Buyer’s only recourse shall be against the amount standing to the credit of the Escrow Account in respect of the General Escrow Amount and/or the insurance cover provided under the WI Policy. For the purposes of this limit, the liability of the Seller shall be deemed to exclude the amount of any and all costs, expenses and other liabilities (together with any irrecoverable VAT thereon) payable by the Seller in connection with the satisfaction, settlement or determination of any such Claims and Tax Claims. For the avoidance of doubt, this paragraph shall not reduce or limit the amount recoverable under the WI Policy.
Upper Limit. In the event that Completion occurs, except in the event of its fraud, the Seller’s liability for all Claims under or pursuant to this Agreement shall be limited to the Escrow Amount and the Buyer’s sole recourse against the Seller shall be against the balance standing to the credit of the Escrow Account.
Upper Limit. The aggregate liability of Vendors A for all claims and/or obligations shall be limited to the amount of US$210,000, being the amount of the Consideration to be paid by the Purchaser to Vendors A (the “Liability Limit”) and to be split equally between Xx. Xxxxxx and Ms. Sng (i.e. US$105,000 each), subject to the following adjustments:
