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 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 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.

  • 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.

  • 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.

  • 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.

  • The Customer also agrees to indemnify the Company for any claims by a third party relating to or for the Loss of the Bullion (including legal fees), that is in excess of the Maximum Liability Limit.

  • The Maximum Liability Limit under this coverage is set forth on the Policy Declaration Page and it takes effect as Unique Insured Amount spanning the various risks insured under this coverage.A sub 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.

  • 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.

Related to Maximum Liability Limit

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.

  • AND LIABILITY LIMITS State Street shall assume no responsibility for lost interest with respect to the refundable amount of any unauthorized payment order, unless State Street is notified of the unauthorized payment order within thirty (30) days of notification by State Street of the acceptance of such payment order. In no event shall State Street be liable for special, indirect or consequential damages, even if advised of the possibility of such damages and even for failure to execute a payment order.

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

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

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • 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.

  • 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.

  • Gross Liability Value means, with respect to any Liability of the Partnership described in Treasury Regulation Section 1.752-7(b)(3)(i), the amount of cash that a willing assignor would pay to a willing assignee to assume such Liability in an arm’s-length transaction.

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

  • Defects Liability Period (Warranty Period) means the period stated in the Schedule A Special Stipulations, following the taking over, during which the Contractor is responsible for making good defects and damage in accordance with Clause 15.

  • 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.

  • Maximum Facility Output means the maximum (not nominal) net electrical power output in megawatts, specified in the Interconnection Service Agreement, after supply of any parasitic or host facility loads, that a Generation Interconnection Customer’s Customer Facility is expected to produce, provided that the specified Maximum Facility Output shall not exceed the output of the proposed Customer Facility that Transmission Provider utilized in the System Impact Study.

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

  • Bag limit means the maximum number of game animals, game

  • Sub-Limit Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.

  • Maximum Line means $5,000,000, unless said amount is reduced pursuant to Section 2.6, in which event it means the amount to which said amount is reduced.

  • Maximum Potential Additional Dividend Liability, as of any Valuation Date, means the aggregate amount of Additional Dividends that would be due if the Corporation were to make Retroactive Taxable Allocations, with respect to any fiscal year, estimated based upon dividends paid and the amount of undistributed realized net capital gains and other taxable income earned by the Corporation, as of the end of the calendar month immediately preceding such Valuation Date and assuming such Additional Dividends are fully taxable.

  • 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.

  • Total Amount means the total amount of the Grant as set out in the Grant Schedule.

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

  • Loss in Excess of Policy Limits shall be defined as Loss in excess of the Policy limit, having been incurred because of, but not limited to, failure by the Company to settle within the Policy limit or by reason of alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of any action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such action.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).