Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;
Indemnity Cap has the meaning set forth in Section 8.4.3.
BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.
Related Liability Amount with respect to any Related Liability on the books of the Assuming Institution, means the amount of such Related Liability as stated on the Accounting Records of the Assuming Institution (as maintained in accordance with generally accepted accounting principles) as of the date as of which the Related Liability Amount is being determined. With respect to a liability that relates to more than one asset, the amount of such Related Liability shall be allocated among such assets for the purpose of determining the Related Liability Amount with respect to any one of such assets. Such allocation shall be made by specific allocation, where determinable, and otherwise shall be pro rata based upon the dollar amount of such assets stated on the Accounting Records of the entity that owns such asset.
MREL Eligible Liabilities means “eligible liabilities” (or any equivalent or successor term) which are available to meet any MREL Requirement (however called or defined by then Applicable MREL Regulations) of the Issuer under Applicable MREL Regulations;
Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.
Gross Liability Value means, with respect to any Liability of the Partnership described in Treasury Regulation Section 1.752-7(b)(3)(i), the amount of cash that a willing assignor would pay to a willing assignee to assume such Liability in an arm’s-length transaction.
Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;
Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.
Retained Liabilities has the meaning set forth in Section 2.4.
Retained limit means the greater of:
Indemnification Cap has the meaning set forth in Section 9.4(a).
Indemnity Threshold has the meaning set forth in Section 9.3.
Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.
Excluded Liabilities has the meaning set forth in Section 2.4.
Parent Indemnitees has the meaning set forth in Section 8.02.
Aggregate Amounts Due as defined in Section 2.17.
Third Party Liability has the meaning ascribed thereto in Section 8.3.2;
Common expense liability means the liability for common
Indemnifiable Liabilities and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.
Indemnification Threshold has the meaning set forth in Section 11.5.
Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).
Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, and (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code.
Buyer Losses shall have the meaning set forth in Section 8.2.