Maximum Liability Limit definition

Maximum Liability Limit means, unless otherwise agreed in writing for:
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Maximum Liability Limit has the meaning given in clause 12.4. MIP: has the meaning given to it in the Shareholders' Agreement.
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Maximum Liability Limit has the meaning set forth in Section 9.8(a) hereof.
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Examples of Maximum Liability Limit in a sentence

  • In no event will We or the Administrator be liable for any damages whatsoever that are in excess of the Maximum Liability Limit, whether based on contract, tort, warranty or other legal or equitable ground, including without limitation damages for loss of data, property damage, lost time, loss of business profits, business interruption, or other pecuniary loss, or incidental, consequential or indirect damages arising from the services performed pursuant to this Service Plan.

  • The Maximum Liability Limit is set forth on the Policy Declaration Page, in accordance with the actual value of the Adaptations, Conversions and Special Equipment or of any modifications which have been made on the vehicle structure, evidenced by means of a valuation or invoice.

  • In the event the aggregate sum of all claims processed under this Service Plan equals the Maximum Liability Limit (or in the case of the Family Plan, the Family Plan Maximum Liability Limit) or if We replace Your Equipment for any reason, Our obligations under this Service Plan shall be considered fulfilled in their entirety and We shall have no further obligation to service the Equipment (original or replacement piece) under this Service Plan.

  • The Maximum Liability Limit shall be:2.1) For subparagraphs a) y b) under this coverage, the Insured Amount laid down by the Insured, amount which shall be set in accordance with the actual value of the trailer, boat or motorcycle as proven by means of an invoice or a valuation.4201182.2) For subparagraph c) the Insured Amount under the Coverage for Civil Liability for Damage to Third Parties, which shall take effect as Combined and Single Limit for all of the Insured Vehicles.

  • The Maximum Liability Limit for this coverage is set forth on this Policy Declaration Page and takes effect as single Insured Amount for the various risks insured under this coverage.

  • If the posting value exceeds PMB’s Maximum Liability Limit, it is the Sender’s sole responsibility to insure the posted item either through the optional insurance offered by PMB or any other third party insurance procured by the Sender.

  • The maximum aggregate amount which we will pay under this Policy in respect of all Insured Losses is the Maximum Liability Limit.

  • In no event will We be liable for any damages whatsoever that are in excess of the Maximum Liability Limit, whether based on contract, tort, warranty or other legal or equitable ground, including without limitation damages for loss of data, property damage, lost time, loss of business profits, business interruption, or other pecuniary loss, or incidental, consequential or indirect damages arising from the services performed pursuant to this Service Plan.

  • In no event will We or the Administrator be liable for any damages whatsoever that are in excess of the Maximum Liability Limit, whether based on contract, tort, warranty or other legal or equitable ground, including without limitation damages for loss of data, property damage, lost time, loss of business profits, business interruption, or other pecuniary loss, or incidental, consequential or indirect damages arising from the services performed pursuant to this Image Recovery Service.

  • The Maximum Liability Limit under this coverage is set forth on the Policy Declaration Page and it takes effect as Only Insured Amount spanning the various risks insured under this coverage.A limit per person applies for this coverage and is equal to whichever turns out to be lesser: 25% of the Insured Amount or of the remaining Insured Amount in the event that an expense was previously incurred.

Related to Maximum Liability Limit

  • Defects Liability Period means the warranty period following the taking over, during which the Contractor is responsible for making good, defects and damage in Goods and Services provided, under the Contract.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.

  • 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.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.