Policy Aggregate Limit of Liability definition

Policy Aggregate Limit of Liability means the Policy Aggregate Limit of Liability stated in ITEM 4 of the Declarations.
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Policy Aggregate Limit of Liability means the aggregate Limit of Liability set forth in Item 4.A. of the Declarations.
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Policy Aggregate Limit of Liability means the aggregate Limit of Liability set forth in the Declarations. The Privacy Breach Response Aggregate Limit of Coverage is separate from and in addition to the “policy aggregate limit of liability”.
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Examples of Policy Aggregate Limit of Liability in a sentence

  • Such amount is the aggregate amount payable under this Policy pursuant to such insuring agreement and is part of, and not in addition to, the Policy Aggregate Limit of Liability.

  • The applicable Policy Aggregate Limit of Liability shown in Item 5 of the Declarations or an endorsement is the most we will pay for or on behalf of all insureds under this policy for all "damages" and "defense costs" combined because of all "wrongful acts" to which this policy applies.

  • The limit of liability payable under each insuring agreement will be an amount equal to the Policy Aggregate Limit of Liability unless another amount is listed in the Declarations.

  • The purchase of the Optional Extension Period will in no way increase the Policy Aggregate Limit of Liability or any sublimit of liability.

  • The insurance under this Policy shall apply in excess of any other valid and collectible insurance available to any Insured, including any self-insured retention or deductible portion thereof unless such other insurance is written only as specific excess insurance over the Policy Aggregate Limit of Liability or any other applicable Limit of Liability of this Policy.

  • Each “Wrongful Act” Aggregate:$100,000.00Named Insured Aggregate:$100,000.00Policy Aggregate:$500,000.00 These Sub Limits of Liability are part of and not in addition to the Limits of Liability applicable to the named insured and the Policy Aggregate Limit of Liability set forth in the Declarations.

  • The insurance under this Policy shall apply in excess of any other valid and collectible insurance available to any Insured, including any self-insured retention or deductible portion thereof, unless such other insurance is written only as specific excess insurance over the Policy Aggregate Limit of Liability or any other applicable Limit of Liability of this Policy.

  • Any such Separate Limit of Liability shall be part of, and not in addition to, the Policy Aggregate Limit of Liability stated in ITEM 4 of the Declarations and shall in no way serve to increase such Policy Aggregate Limit of Liability.

  • The Policy Aggregate Limit of Liability listed in the Declarations (the “Policy Aggregate Limit of Liability”) is the Underwriters’ combined total limit of liability for all Loss payable under this Policy.

  • The Underwriters will not be obligated to pay any Loss, or to defend any Claim, after the Policy Aggregate Limit of Liability has been exhausted, or after deposit of the Policy Aggregate Limit of Liability in a court of competent jurisdiction.

Related to Policy Aggregate Limit of Liability

  • Limit of Liability means, with respect to any Insuring Agreement, the limit of liability of the Underwriter for any Single Loss covered by such Insuring Agreement as set forth under the heading “Limit of Liability” in Item 3 of the Declarations or in any Rider for such Insuring Agreement.

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

  • 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.

  • 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.

  • Limitation of Liability PrimePay has negotiated preferred terms and conditions with FD as a service to PrimePay Clients. Client understands that FD, and not PrimePay, will be performing those services and that Client will enter its own service agreement(s) with FD for such services under terms and conditions specified by FD and agreed to by Client. Accordingly, Client acknowledges that FD shall be the provider of Payment Processing Services hereunder and that PrimePay shall have no liability whatsoever for or related to the performance of those services, including any and all damages, costs and related expenses (including attorney fees).

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

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Hovercraft Liability This policy does not cover "hovercraft liability".

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Aircraft Liability This policy does not cover "aircraft liability".

  • Fraud Loss Coverage Amount As of the Closing Date, $2,748,787, subject to reduction from time to time, by the amount of Fraud Losses allocated to the Certificates. In addition, on each anniversary of the Cut-off Date, the Fraud Loss Coverage Amount will be reduced as follows:

  • 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.

  • 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.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Net Liability as used herein is defined as the Company's gross liability remaining after cessions, if any, to other pro rata reinsurers.

  • Limit of Indemnity means the amount stated in the Schedule pursuant to Clause 5 of this Policy.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.

  • Bodily injury means bodily injury, sickness or disease sustained by a person, including death resulting from any of these at any time.

  • Excess Insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.

  • Indemnification Cap has the meaning set forth in Section 9.4(a).