Liability Ceiling Amount definition

Liability Ceiling Amount has the meaning given to it in clause 18.2.
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Liability Ceiling Amount has the meaning given to that term in Schedule 2.
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Examples of Liability Ceiling Amount in a sentence

  • Subject to the provisions of clause 5.3.4, the liability of the Customer under this TOB arising out of any single incident or series of incidents arising from a common cause shall not exceed the Liability Ceiling Amount.

  • Liability Ceiling Amount has the meaning given to it in clause 16.2. Liability Floor Amount has the meaning given to it in clause 16.3. Marks means a Party's name, business name, trade name, trademark, service mark, logo, or other indication of brand whether owned and/or controlled.

  • In many industries, customer service data residing in data warehouses will provide valuable R&D input for product enhancements and new product development.

  • Other than in cases involving property damage, personal injury or death, the total liability of DPWC to a User (if any) for the failure to properly perform any of the Terminal Services is limited to refunding the amount paid by the User for such services and is subject to the liability ceiling amount referred to in Section 7.13 (Liability Ceiling Amount).

  • Subject to the provisions of clause 20.4, the liability of the Customer under this Agreement arising out of any single incident or series of incidents arising from a common cause shall not exceed the Liability Ceiling Amount.

  • Subject to the provisions of clause 20.4, the liability of the Operator under this Agreement arising out of any single incident or series of incidents arising from a common cause shall not exceed USD fifteen million ($15,000,000) (the Liability Ceiling Amount).

  • The liability of the Customer to the Operator shall, subject to clause 20.4, be limited to the greater of any relevant amount prescribed by such limitation fund or the Liability Ceiling Amount per incident or series of incidents arising from a common cause.

  • Subject to the provisions of clause 20.4, the liability of the Operator under this Agreement arising out of any single incident or series of incidents arising from a common cause shall not exceed USD One million ($1,000,000) (Liability Ceiling Amount).

  • Subject to the provisions of clause 20.4, the liability of the Customer under this Agreement arising out of any single incident or series of incidents arising from a common cause shall not exceed the Liability Ceiling Amount specified in Clause 18.2 above.

  • Subject to the provisions of clause 5.3.4, the liability of NSIGT as per this TOB arising out of any single incident or series of incidents arising from a common cause shall not exceed USD Thirty Million ($30,000,000) (the Liability Ceiling Amount).

Related to Liability Ceiling Amount

  • Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;

  • Maximum Drawing Amount means the maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • 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.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Maximum Swingline Amount means $5,000,000.

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Aggregate Amounts Due as defined in Section 2.17.

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • FX Reduction Amount is defined in Section 2.1.3.