Aggregate Liability definition

Aggregate Liability means all liability, whether such liability arises from one or more claims, events, circumstances, acts, representations, defaults oromissions and whether such liability is owed by or to more than one party to which this clause applies. Statute Additionally, where our liability arises under legislation (including but not limited to the Competition and Consumer Act 2010 (Cth)), then to the extent permissible by law, our liability is limited to supplying our services again or paying the cost of having the services supplied again. Professional standards legislation Bartier Perry Pty Limited is a corporation and not a partnership. All legal practitioners (including those described as partners) are employed by Bartier Perry Pty Limited and their liability is also limited by a scheme approved under Professional Standards Act 1994 (NSW).
Aggregate Liability means the total aggregate liability of a party under all and any heads of claim and whether in respect of one or more related or unrelated acts, events, omissions or defaults;
Aggregate Liability for a single "nuclear incident" of "persons indemnified" shall not exceed the sum of, without duplication, (X) the amount of insurance coverage available from commercial insurance underwriters on terms substantially equivalent (in the reasonable opinion of the Owner Participant) to the terms in effect on the Closing Date under Applicable Law and required to be maintained by each licensee with respect to any single nuclear facility, and (Y) the maximum aggregate amount payable with respect to a single "nuclear incident" by all licensees of nuclear facilities participating in any deferred premium or similar plan required under Applicable Law, by more than $40 million

Examples of Aggregate Liability in a sentence

  • The General Aggregate Liability limit and the Products/Completed Operations Liability Aggregate limit shall be in the amount of $2,000,000 each.

  • The charges the CAISO shall use to calculate Estimated Aggregate Liability shall be charges described or referenced in the CAISO Tariff.

  • The Estimated Aggregate Liability for each Market Participant shall be determined and applied by the CAISO consistent with the procedures set forth in the applicable Business Practice Manual.

  • The CAISO shall compare each Market Participant’s Estimated Aggregate Liability against its Aggregate Credit Limit on a periodic basis.

  • The CAISO shall upon request provide each Market Participant with information concerning the basis for the CAISO’s determination of its Estimated Aggregate Liability, and the CAISO’s determination may be disputed in accordance with the procedures set forth in the applicable Business Practice Manual.


More Definitions of Aggregate Liability

Aggregate Liability means the aggregate maximum amount of claims admissible under the policy and shall be the amount specified as such in the schedule subject to any enhancement thereof by an endorsement attached to the policy.
Aggregate Liability. Chartwell's aggregate liability to the Licensee whether for negligence, breach of contact, misrepresentation or otherwise shall in respect of a single occurrence or a series of occurrences shall in no circumstances exceed the $50,000 aggregate cash payments actually made to Chartwell as the initial license fee under Paragraph 5.1 of this Agreement.
Aggregate Liability means $10,000,000 less the aggregate amount of gross proceeds received by Borrower from investors other than the Guarantors pursuant to one or more Qualified Equity Financings.
Aggregate Liability means all liability, whether such liability arises from one or more claims, events, circumstances, acts, representations, defaults or omissions and whether such liability is owed by or to more than one party to which this clause applies.
Aggregate Liability. [Amount in Guarantee Currency] Clause 11A. Annual Premium Rate: [ ]% Clause 11B. Total Premium for the First Contract Period: [Amount in Guarantee Currency], calculated as follows: [ ], payable on or before the Initial Premium Due Date Clause 12A. Annual Standby Option Fee Rate: [ ]% [Not applicable] Clause 12B. Standby Option Fee for the First Contract Period: [[Amount in Guarantee Currency], calculated as follows: [ ], payable on or before the Initial Premium Due Date] [Not applicable] Clause 13. Deductible: Transfer Restriction: Inconvertibility Inability to Transfer [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] Expropriation: Expropriation of the Project Enterprise Expropriation of Lender Rights Expropriation of Funds Expropriation of Collateral Rights [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] War and Civil Disturbance: Loss of Assets Permanent Loss of Use [Amount in Guarantee Currency per Loss][None] [Amount in Guarantee Currency][None] Arbitral Award Default: [Amount in Guarantee Currency][None] Clause 14A. Total Premium Amount Due for the First Contract Period: [Amount in Guarantee Currency], calculated as follows: Clause 11B [+ Clause 12B] less the application fee of [Amount in Guarantee Currency] paid to MIGA on [ ], payable on or before the Initial Premium Due Date
Aggregate Liability means, with respect to each Equity Participant, the sum in Dollars indicated as the Aggregate Liability (plus interest) and set forth opposite that Person's name in Schedule A, which is annexed to and made a part of this Note.
Aggregate Liability means Seller’s aggregate liability for breach of all representations, warranties and indemnities of Seller set forth in this Agreement shall in no event exceed Four Million Dollars ($4,000,000) (the “Liability Cap”). Notwithstanding the foregoing, the Aggregate Liability shall not be applicable to insured third party claims, revenue and expense allocations under Section 7.6 of this Agreement (including sales and use tax and occupancy tax liability), any type of employee liability claims or claims under Section 8.3 of this Agreement.