Liability Charge definition

Liability Charge means the amount noted as such on the face hereof; “Material Fact” means any fact relating to You which had it been disclosed to the Company might reasonably be expected to have resulted in the Company severing Clause 5 hereof from this Agreement, including (but not limited to) the fact that at any time during the five
Liability Charge. “ means the amount specified as ‘Liability’ or ‘Excess’ for the relevant Class of Vehicle and Liability Reduction Option; “Liability“ includes any and all liability whatsoever whether arising in contract, tort including negligence, under statute or otherwise; “Liability Reduction Fee“ means the daily fee payable for any selected Liability Reduction Option; “Liability Reduction / Damage Cover Option“ means any option offered by the Company for reducing the Liability Charge in the event of an incident, and includes ‘Cover One’, ‘Cover Plus’, and ‘SVR Cover’ among others “Loss“ includes all losses, damages, outgoings, charges, penalties, fines, costs and expenses (including lawyers’ fees and expenses) of whatever description and whether present, unascertained, contingent or prospective and whether or not in the nature of consequential loss; “Material Fact“ means any fact about you that had it been disclosed to us might reasonably be expected to have resulted in our refusing to enter into this Agreement; “One Way Fee“ means the fee specified as such on the Details Page or Policies Page as being the applicable fee for returning the Vehicle to an approved depot other than the Pickup Location; “Permitted Area of Use“ means the whole of Australia other than any Prohibited Area; “Pickup Location“ means the premises from which you take Possession of the Vehicle on the Start Date or such other premises nominated as such on the Details Page or Policies Page; “Policies Page“ means the policies page on our Website and any relevant documents linked on said page; “Possession“ means any degree of possession and includes custody; “Prohibited Area“ means any area identified as such in this Agreement or on our Policies Page; “Prohibited Area Fee“ means the sum of $2,000, or any other sum describes as such on the Details Page or Policies Page; “Remote Location Fee“ means the sum stated beside each location identified in the definition of ‘Remote Location’, or any other sum specified as such on the Details Page or Policies Page, as being payable if you elect to collect or return the Vehicle from a Remote Location; “Remote Location“ means any location identified as such on the Details Page or the Policies Page; “Return Date“ means the ‘Due Return Date’ stated on the Details Page, or the Extended Return Date as the case may be; “Return Location“ unless stated otherwise on the Details Page, means the Pickup Location; “Return Time“ means the ‘Due Return Time’ stated on the Details ...
Liability Charge means the amount or amounts which the Customer is liable to pay to KINTO upon demand for loss, costs and damages to or Total Loss of the Vehicle, plus VAT, as contained in clause C of the Master Rental Agreement, clause 11 (Liability of Customer for costs, loss, damages to, or Total Loss of Vehicle) and Annexure 1 (KINTO Protect) of the KINTO Master Terms, including but not limited to the outstanding capital value of the Vehicle taking into account the Contract Usage parameters plus the applicable Excess Kilometer Fee, towing charges, storage fees, release fees, legal fees, make good charges, inspection fee, an administration fee, interest and other outstanding amounts in respect of that Vehicle incurred up to the date of the incurrence of the Liability;

Examples of Liability Charge in a sentence

  • This would be the period of time that the 100% factor of the Termination Liability Charge would apply.

  • However, a Termination Liability Charge is applicable at the date of termination if the customer terminates or disconnects the service prior to fulfilling the period of the contract plan except as specified in b.

  • Indeed, one would expect such a challenge to a system as a whole to be broad in nature.62.

  • Minimum Service Period is the period of time that the factor of the Termination Liability Charge would apply.

  • A Termination Liability Charge is applicable at the date of termination.

  • The Termination Liability Charge will be a one-time charge equal to the sum of 50% of the payments for the remainder of the TDP.

  • If a TDP Customer relocates an existing Service arrangement to a location in a different central office serving area, a Termination Liability Charge will not apply if Customer converts to a new TDP commitment period that is equal to or greater than the original TDP commitment period.

  • If a TDP Customer relocates an existing Service arrangement to a new location within the same building or to a different location within the same central office serving area prior to the expiration of a TDP, a Termination Liability Charge will not apply, and the number of months accrued at the prior location will carry over to the new location.

  • If a business customer under a TDP disconnects any portion of the TDP service prior to the expiration of the TDP, then a Termination Liability Charge will apply to those services that are disconnected.

  • This would be the period of time that the 100% factor of the Termination Liability Charge would apply.2. Complete DisconnectIf the customer chooses to completely discontinue service, at any time during the term of the agreement, a termination charge will apply, unless the customer satisfies the conditions specified in the Waiver Policy.

Related to Liability Charge

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Penalty Charges means any amounts collected from the Borrower that represent default charges, penalty charges, late fees and/or default interest, but excluding any yield maintenance charge or prepayment premium.

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • collection charges means the charges which the Municipality is entitled to recover in terms of section 75A(1) of the Systems Act, and includes the administrative cost –

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Engineer-in-charge means the officer nominated by the company in the Civil Engineering cadreI discipline who is competent to direct supervisors and authorised to be in charge of the works for the purpose of this contract. The Engineer in Charge IDesignated Officer in Charge who is of an appropriate seniority, will be responsible for supervising and administering the contract, certifying payments due to the contractor, valuing variations to the contract, awarding extension of time and valuing compensation events. The Engineer in Charge IDesignated Officer in Charge may further appoint his representatives i.e. another personIProject Manager or any other competent person and notify to the contractor who is directly responsible for supervising the work being executed at the site, on his behalf under their Delegation of Powers of the company. However, overall responsibility, as far as the contract is concerned ,will be that of the Engineer in ChargeIDesignated Officer in Charge.

  • Excess Penalty Charges With respect to any Serviced Loan and any Collection Period, the sum of (A) the excess of (i) any and all Penalty Charges collected in respect of such Serviced Loan during such Collection Period, over (ii) all unpaid or unreimbursed Advances and Additional Trust Fund Expenses (including, without limitation, interest on Advances to the extent not otherwise paid or reimbursed by the related Mortgagor, but excluding Special Servicing Fees, Workout Fees and Liquidation Fees) outstanding or previously incurred on behalf of the Trust (and, if applicable, the related Serviced Companion Loan Holder) with respect to such Serviced Loan and reimbursed from such Penalty Charges (which such Advances and Additional Trust Fund Expenses shall be reimbursed from such Penalty Charges) in accordance with Section 3.14 of this Agreement and (B) Advances and expenses previously paid or reimbursed from Penalty Charges as described in the immediately preceding clause (A), which Advances and expenses have been recovered from the related Mortgagor or otherwise.

  • Daily Charge means any of the User's Daily General Charge and, in respect of Passenger Operators, the Daily Long Term Charge, as the context requires;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Penalty Charge Notice means a notice served by a Civil Enforcement Officer pursuant to the provisions of section 78 of the 2004 Act and supporting regulations;

  • Water Charges means service charges in respect of the provision of water.

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Delivery Charge means the total amount charged to the Authorized User for shipment of the Vehicle(s) from the Delivery Origin to the location(s) designated by the Authorized User on Form A: Mini-Bid Request, and on the Purchase Order.

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Annual Service Charge for any period means the maximum amount which is payable during such period for interest on, and the amortization during such period of any original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable during such period in respect of any Disqualified Stock.