Examples of Costs Limit in a sentence
The portion of the Contractor Consideration regarding the Recoverable Costs Reimbursement shall not exceed the Recoverable Costs Limit, as provided by the provisions of Annex 3, in any Month during the term of this Contract.
Notwithstanding the foregoing, if the Aggregate Limit of Liability is exhausted by the payment of Indemnity Amounts, or tendered to the Insured, the Additional Defense Costs Limit shall also be deemed exhausted and no further Defense Costs will be paid.
The most the Insurer will pay for all Payment Card Contract Penalties is the Payment Card Costs Limit shown in the CyberRisk Declarations, which is within and will reduce the Privacy And Security Limit.
It is agreed that (a) no Guarantor shall be required to pay more than its Maximum Amount and Enforcement Costs Limit under or in respect of this clause 9 (subject, in the case of Cartesian, to clause (C) above, and (b) no Guarantor shall have any obligation or liability to any Person, or any rights, relating to, arising out of or in connection with this Agreement other than as expressly set forth in this clause 9.
The Pollution Defence Costs Limit of Liability may be exhausted by any payments made by the Insurers in respect of any and all Loss.
In the event that, in any Month, the aggregate amount of all outstanding Recoverable Costs is greater than the Recoverable Costs Limit, in such Month the Contractor will only have the right to receive an amount equal to the Recoverable Costs Limit for such Month.
The Additional Defense Costs Limit set forth in Item 3.b. of the Declarations shall not apply to Defense Costs in connection with a Voluntary Compliance Notice.
The Additional Defense Costs Limit is applicable to Defense Costs only and upon exhaustion of the Additional Defense Costs Limit, Defense Costs incurred thereafter shall be part of and not in addition to the Aggregate Limit of Liability and payment of Defense Costs shall reduce and may exhaust the Aggregate Limit of Liability.
Inquest Costs Limit of Liability for Insuring Agreement I.H., (Inquest Costs) Each Inquest GBP 5,000,000 9.
Legal defense shall be included subject to the Aggregate Defense Costs Limit.