Examples of Excess Liability in a sentence
If necessary to provide the required limits, the Commercial General Liability policy’s limits may be layered with a Commercial Umbrella or Excess Liability policy.
If necessary to provide the required limits, required policy limits may be layered with a Commercial Umbrella or Excess Liability policy or policies.
Notwithstanding anything set forth in this Agreement to the contrary, the sole liability of LOOMIS (except as stated in this Agreement) in the event of a Cargo Loss, from whatever cause, shall be subject to the lesser of: (i) the Maximum Liability Amount set forth in this Agreement or the Excess Liability Coverage amount, if not declined by CUSTOMER; or (ii) the actual amount lost as evidenced by available reliable evidence including business records of CUSTOMER and the Recycler device.
Umbrella or Excess Liability Insurance with policy limits of not less than five million dollars ($5,000,000) for each occurrence and in the aggregate.
If CUSTOMER declines Excess Liability Coverage, liabilities covered under this Agreement are limited to the Maximum Liability Amount.