Maximum Liability Amount definition

Maximum Liability Amount shall have the meaning set forth in Section 17.2.

Maximum Liability Amount means $1.00 less than the amount of ------------------------ the lowest claim on this Guaranty which would render it void or voidable under any Debtor Relief Law as against Guarantor.

Maximum Liability Amount has the meaning set forth in Section 7.3(e).

Examples of Maximum Liability Amount in a sentence

• If CUSTOMER declines Excess Liability Coverage, liabilities covered under this Agreement are limited to the Maximum Liability Amount.

• The maximum amount that the Guarantor shall be required to pay to Tarion in respect of the Guaranteed Obligations and Indemnified Amounts in the aggregate for all Claims hereunder is limited to the Maximum Liability Amount.

• If the JBE’s Participating Addendum indicates a Maximum Liability Amount greater than $200,000 per day, Contractor will invoice an additional charge of $0.50 per $1,000 excess liability.

• LOOMIS reserves the right to refuse tender of any shipment in excess of the Maximum Liability Amount.

• Maximum Liability Amount - the total liability assumed by Brink's for a Loss as specified in the Attachment(s).

More Definitions of Maximum Liability Amount

Maximum Liability Amount means the aggregate of the amounts at a given time calculated as follows:

Maximum Liability Amount shall have the meaning given such term in Section 10.5(b).

Maximum Liability Amount means $300,000,000.

Maximum Liability Amount has the meaning set forth in Article 32.

Maximum Liability Amount means $100,000,000.

Maximum Liability Amount shall initially equal the First Liability Amount. The "First Liability Amount" shall mean an amount equal to the sum of (i) the product of the number of Siblings Escrow Shares multiplied by the Parent Share Deemed Value (as defined below), plus (ii) the Siblings Escrow Cash, plus (iii) the JL Escrow Cash, plus (iv) 20% of the JL Deferred Cash. The "Parent Share Deemed Value" shall mean the last reported sale price of the Parent Common Stock at the most recent close of daily trading prior to the Closing as reported by the Nasdaq Stock Market.

Maximum Liability Amount means an amount equal to the sum of (i) the Initial Cash Payment, (ii) the value of the Initial Stock Consideration on the Closing Date, with the value of the Initial Stock Consideration for purposes of this definition being equal to the number of shares of Buyer Common Stock constituting the Initial Stock Consideration multiplied by the Buyer Trading Price for the ten (10) consecutive Business Days ending on the Business Day immediately before the Closing Date, (iii) the Contingent Cash Amount to the extent actually paid by Buyer pursuant to Section 1.5(a), and (iv) the value of the Contingent Stock Consideration to the extent actually delivered by Buyer pursuant to Section 1.5(b), with the value of such Contingent Stock Consideration for purposes of this definition being equal to the number of shares of Buyer Common Stock so delivered multiplied by the Buyer Trading Price for the ten (10) consecutive Business Days ending on the Business Day immediately before the issuance of such Contingent Stock Consideration.”