Liability Limitation definition

Liability Limitation has the meaning set forth in Section 7.5(a).
Liability Limitation means, (i) all fees for Services billed hereunder during the term of this Agreement up to the date on which such determination is made, plus (ii) without duplication, the anticipated fees for Services to be paid during the six (6) month period (starting on the date hereof or a six (6) month or annual anniversary thereof) during which such determination is made.
Liability Limitation means with respect to a Party, (i) all fees for Services received by such Party and its related entities as IDT during the term of this Agreement up to the date on which such determination is made, plus (ii) without duplication, the anticipated fees for Services to be paid to such Party and its related entities during the six (6) month period (starting on the date hereof or a six (6) month or annual anniversary thereof) during which such determination is made.

Examples of Liability Limitation in a sentence

  • In the event this Agreement is rendered null and void, any Certificate of Completion and/or Liability Limitation that may have been issued or may have arisen under this Agreement shall also be null and void ab initio, and the Department shall reserve all rights that it may have under law.

  • Subsequent to the issuance of a Certificate of Completion pursuant to this Agreement, Applicant shall be entitled to the Liability Limitation set forth at ECL § 27-1421, subject to the terms and conditions stated therein and to the provisions of 6 NYCRR §§ 375-1.9 and 375-3.9.

  • Further, only those Applicants electing to implement such additional Work Plan(s) shall be eligible to receive the Liability Limitation referenced in Paragraph VI.

  • Similarly, if a Bidder feels that any important provisions in the documents, such as Governing laws, Taxes and Duties, Defect Liability, Limitation of Liability, Settlement of Disputes, Arbitration, Form of Contact Agreement, Price Adjustment, Bid Guarantees, Contract Performance Guarantee, Compensation for Delay, Payments Terms, Schedule of Execution/Completion of works, will be unacceptable, such an issue should be raised as above.

  • In the event this Agreement is rendered null and void, any Certif icate of Completion and/or Liability Limitation that may have been issued or may have arisen under this Agreement shall also be null and void ab initio, and the Department shall reserve all rights that it may have under law.


More Definitions of Liability Limitation

Liability Limitation. FOR BREACH OF ANY PROVISION OF THIS AGREEMENT, THE OBLIGOR'S LIABILITY, SHALL BE LIMITED TO DIRECT ACTUAL DAMAGES ONLY. SUCH DIRECT ACTUAL DAMAGES SHALL BE THE SOLE AND EXCLUSIVE REMEDY HEREUNDER, AND ALL OTHER REMEDIES OR DAMAGES ARE WAIVED. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR CONSEQUENTIAL, INCIDENTAL, PUNITIVE, EXEMPLARY, OR INDIRECT DAMAGES, IN TORT, CONTRACT OR OTHERWISE. THIS LIMITATION SURVIVES EXPIRATION OR TERMINATION OF THIS AGREEMENT.
Liability Limitation has the meaning given in Clause 35.5(a).
Liability Limitation. The District's only obligations hereunder are to pay over to the insurance carrier the appropriate premium, contributions and withholdings. The District is not the insurance provider and shall not be liable for any claims, for non-payment for claims or failure to provide coverage of benefits.
Liability Limitation has the meaning ascribed to such term in Section 14.3(g).
Liability Limitation means an amount equal to $1,000,000,000 (inclusive of any payment of the Reverse Termination Fee) plus any amounts to be reimbursed and indemnification payments pursuant to the penultimate sentence of Section 6.10(b) or Section 6.11(d) and the second sentence of Section 8.2(d).
Liability Limitation has the meaning given in Clause 8.4;
Liability Limitation. [Pipeline Partner] confines its liability for damages to the value of kits (Donors’ cost of the stocks) incurred due to any cause, inclusive of damages resulting from the negligence of [Pipeline Partner] employees. This limitation is contingent upon [Pipeline Partner] providing necessary care, safeguarding, and maintaining proper stock warehousing standards. Insurance Recommendations and indemnify obligations: [Pipeline Partner] is strongly recommended, at its sole cost and expense, to maintain the following types of insurance: All-Risk Property Damage insurance insuring the warehouse property in an amount not less than its actual Replacement Cost. Cargo Insurance provides all-risk coverage for transportation or warehousing exposures, for an amount not less than the actual replacement value of the cargo. Upon request by the Shelter Cluster, [Pipeline Partner] shall provide a certificate of insurance demonstrating the procurement of such insurance coverage. In the absence of insurance, [Pipeline Partner] consents to indemnify the Shelter Cluster in Yemen against any form of loss Exceptional Situation: Neither party shall be held liable to the other for failing to fulfill its obligations under this agreement if prevented from doing so due to events such as floods, war in the proximity of the warehousing facility, civil disturbances, interference by civil or military authority, or other causes beyond their control.