Aggregate Limit definition

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

Aggregate Limit means for any Tax Year during the term of this Agreement, the cumulative total of the Annual Limit amount for such Tax Year and all previous Tax Years during the term of this Agreement, less all amounts paid by the Applicant to or on behalf of the District under Article VI for all Tax Years during the term of this Agreement that are prior to such Tax Year.

Aggregate Limit means, for any Tax Year during the Tax Limitation Period of this Agreement, an amount equal to the Net Tax Benefit to the Applicant.

Examples of Aggregate Limit in a sentence

• Insurance Required: $1 Million Commercial General Liability (each occurrence) $2 Million Commercial General Liability (Aggregate Limit) $1 Million CSL Automobile Insurance $1 Million Errors and Omissions, per claim Statutory Workers’ Compensation & Employers Liability - $1 Million Each Accident - $1 Million Disease Each Employee - $1 Million Disease Policy Limit NOTE: Insurance certificates must be in the form approved by the Texas Attorney General, a sample of which follows this page.

• The Professional shall maintain “occurrence” form Commercial General Liability insurance with an unimpaired limit of not less than $1,000,000 for each occurrence and a $2,000,000 General Aggregate Limit.

• Commercial General Liability must include $1,000,000 per occurrence for Bodily Injury and Property Damage with a separate aggregate limit of $2,000,000; Medical Expense per person of $5,000; Personal Injury and Advertising Liability of $1,000,000; Products/Completed Operations Aggregate Limit of $2,000,000; and Damage to Premises Rented: $50,000.

• General Aggregate Limit (to apply per project) $2,000,000.00 Products and Completed Operations $2,000,000.00 Personal & Advertising Injury Limit $1,000,000.00 Each Occurrence Limit $1,000,000.00 Medical Expense Limit $5,000.00 Show Owners and Tecton Construction Management, Inc.

• Fire District shall maintain “occurrence” from Commercial Liability Insurance with an unimpaired limit of not less than $1,000,000 for each occurrence, $3,000,000 Products and Completed Operations Annual Aggregate, and a $3,000,000 General Aggregate Limit.

More Definitions of Aggregate Limit

Aggregate Limit means the greater of:

Aggregate Limit means a provision in an insurance contract limiting the maximum liability of an insurer for a series of losses in a given time period such as the policy term.

Aggregate Limit means the sum of (i) 125% of the greater of the ADP of the Non-Highly Compensated Employees for the Plan Year, or the ACP of Non-Highly Compensated Employees under the Plan subject to Code Section 401(m) for the Plan Year beginning with or within the Plan Year of the CODA, and (ii) the lesser of 200% of, or two plus, the lesser of the ADP or ACP. "Lesser" is substituted for "greater" in clause (i) of the preceding sentence, and "greater" is substituted for "lesser" after the phrase "two plus the" in clause (ii) of the preceding sentence, if that formulation will result in a larger Aggregate Limit.

Aggregate Limit means, for any Tax Year during the term of this Agreement, an amount equal to the Net Tax Benefit to the Applicant.

Aggregate Limit means, for any year of this Agreement, the total of the Annual Limit amount for the current year and all previous years of the Agreement, less amounts paid by the Applicant to or on behalf of the District under Article 4.

Aggregate Limit means the maximum liability of an insurer regardless of the number of claims during the policy term;

Aggregate Limit means the Company’s maximum, total and cumulative liability under the Benefit or the set of Benefits as specified in the Policy Schedule or Policy Certificate in respect of all claims by or on behalf of all Insured Persons under the Policy Certificate. If at any time the total value of unpaid claims, if paid, would result in this Aggregate Limit being exceeded, the pay outs under the individual Benefits attributable to those outstanding claims shall be reduced pro rata as necessary to ensure that this Aggregate Limit is not exceeded.