Separate Limit of Liability definition

Separate Limit of Liability means the applicable Separate Limit of Liability, if any, stated in ITEM 4 of the Declarations.
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Separate Limit of Liability means the Separate Limit of Liability applicable to any Coverage Section, as stated in Item 3 of the Declarations.
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Separate Limit of Liability means the applicable Separate Limit of Liability (to the extent elected for a Coverage Part) set forth in Item 4. of the Declarations.
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Examples of Separate Limit of Liability in a sentence

  • 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.

  • If a Separate Limit of Liability is stated in ITEM 4 of the Declarations for any Liability Coverage Section, then such Separate Limit of Liability shall be the maximum limit of the Underwriter’s liability for all Loss under such Liability Coverage Section resulting from all Claims or Related Claims for which such Liability Coverage Section provides coverage.

  • This reinstatement does not serve to increase the Shared or Separate Limit of Liability for any particular Claim.

  • Such insurance as is provided by this Coverage Section shall apply only as excess over any other valid and collectible insurance, unless such other insurance is specifically written as excess insurance over the applicable Separate Limit of Liability or Shared Limit of Liability provided by this Coverage Section.

  • Such PolicyAggregate Sublimit for E-Discovery Consultant Services shall be part of, and not in addition to, the Policy Aggregate Limit of Liability and the Separate Limit of Liability or Shared Liability of Liability applicable under such Liability Coverage Sections.

  • However, the Insurer shall not be obligated to defend such Claim after the Policy Aggregate or any applicable Separate Limit of Liability or Shared Limit of Liability has been exhausted, or after an Insured’s rejection (or failure or refusal to accept within the time prescribed in the “Settlement Opportunity” paragraph of this Clause 7) of a Settlement Opportunity.

  • The Insurer shall not, however, be obligated to defend any Claim after the Policy Aggregate or any applicable Separate Limit of Liability or Shared Limit of Liability has been exhausted.

  • If a Separate Limit of Liability is stated in ITEM 4 of the Declarations for any Liability Coverage Section, then such Separate Limit of Liability shall be the maximum limit of the Underwriter’s liability for all Loss under such Liability Coverage Section resulting from all Claims or Related Claims and all First- Party Incidents (with respect to the Information Risk and Recovery Coverage Section) for which such Liability Coverage Section provides coverage.

  • However, the Insurer shall not be obligated to defend such Claim after the Policy Aggregate Limit of Liability, Separate Limit of Liability or Shared Limit of Liability, if any, has been exhausted, or after an Insured’s rejection of (or failure or refusal to accept within the prescribed time herein) a Settlement Opportunity.

  • The Underwriter’s maximum limit of liability for all civil fines and penalties resulting from all Claims for violations of EMTALA shall be $150,000, which amount shall be part of, and not in addition to, the Policy Aggregate Limit of Liability and any Separate Limit of Liability or Shared Limit of Liability applicable to this Coverage Section.

Related to Separate 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.

  • 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).

  • 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.

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

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

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

  • 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.

  • 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.

  • 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.

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

  • Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, sponsors, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, letters, the Debtors’ respective memoranda, articles or certificates of incorporation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date.

  • 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.

  • 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.

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • 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.

  • the limits of deviation means the limits of deviation shown on the deposited plan;

  • Express warranty means an express warranty as set forth in sections 4-2-313 and 4-2.5-210, C.R.S. An express warranty shall cover every part of a new facilitative device.

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

  • Cover Damages means, with respect to any Delivery Failure, an amount equal to (a) the positive net amount, if, any, by which the Replacement Price exceeds the applicable Price that would have been paid pursuant to Section 5.1 hereof, multiplied by the quantity of that Delivery Failure, plus (b) any applicable penalties and other costs assessed by ISO-NE or any other Person against Buyer as a result of Seller’s failure to deliver such Products in accordance with the terms of this Agreement. Buyer shall provide a statement for the applicable period explaining in reasonable detail the calculation of any Cover Damages.

  • 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.

  • 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.

  • Express Waiver I desire to expressly waive any claim of confidentiality as to any and all information contained within our response to the competitive procurement process (e.g. RFP, CSP, Bid, RFQ, etc.) by completing the following and submitting this sheet with our response to Education Service Center Region 8 and TIPS.

  • Vote Limit means the percentage interest specified in a Vote Limit Certificate by a Vote Limited Member pursuant to which such Member (together with such Vote Limited Member’s affiliates) will be irrevocably limited to such Vote Limit in any vote taken under Sections 2.1, 2.8, 2.9 and 8.2.

  • Loss of Limb means loss by physical severance of a hand at or above the wrist or of a foot at or above the ankle.

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