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 Additional Defense Costs Limit will not reduce the Maximum Policy Aggregate Limit.
Participating Retirees’ Restricted 5-Year Account shall remain under the 28 control of the City jointly with either the Receiver or an Administrative and Finance Officer and 29 that it shall be segregated from and shall not be controlled or managed by any third party 30 managing the single Central Falls Pension Plan, whether administered by the City or if 31 transitioned into MERS.
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 Pollution Defence Costs Limit of Liability may be exhausted by any payments made by the Insurers in respect of any and all Loss.
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.
Defense Costs shall apply first to and reduce the Additional Defense Costs Limit which shall be in addition to, and not part of, the Aggregate Limit of Liability.