Limit of Indemnity means the amount stated in the Schedule against each relevant Section, which shall be our maximum liability under this Policy (regardless of number of Claims made) for any one claim and in the aggregate for all claims under such Section.
Limit of Indemnity means the amount stated in the Schedule, which shall be the Company’s total liability under this Policy (inclusive of Damages and/or Defence Costs, and regardless of the number of Insureds or claimants or the total number or amount of Claims made against the Insured) for any one Claim and in the aggregate for all Claims made against the Insured during the Policy Period.
Examples of Limit of Indemnity in a sentence
The Company’s obligations hereunder end when the Company has used up the applicable Limit of Indemnity 10 INDEMNITY LIMITS The Company's total liability to pay compensation, claimant's costs, fees and expenses and defence cost shall not exceed the Limit of Indemnity stated in the Policy Schedule in the form of Any One Accident (AOA) Limit and Aggregate One Year (AOY) Limit.
Payments made by the Company by way of the Defence Cost and Supplementary Payments under this insurance contract will reduce the Limit of Indemnity.
Such expenses are called `Supplementary Payments' and it shall serve to reduce the Limit of Indemnity of this Policy as stated in the Policy Schedule.
More Definitions of Limit of Indemnity
Limit of Indemnity means the amount stated in the Schedule, which shall be the Company’s maximum liability under this Policy (regardless of the total number or amount of Claims made) for any one Claim and in the aggregate for all Claims during the Policy Period.
Limit of Indemnity means the amount(s) stated in the Schedule or any lesser limit shown in the Schedule or Policy. The Limit of Indemnity is:
Limit of Indemnity means the amount stated in the Schedule.
Limit of Indemnity means the Limit of Indemnity as shown in the Schedule.
Limit of Indemnity means the amount specified in the Schedule.
Limit of Indemnity means the applicable Limit of Indemnity specified in the Policy Schedule.
Limit of Indemnity means the maximum amount of indemnity as specified in the Schedule that will be provided under this Policy by the Company in respect of