Examples of Minimum Claim Amount in a sentence
If Customer’s proven loss or damage is determined to be in excess of the Minimum Claim Amount, the Minimum Claim Amount shall be deducted from any claim against Railroad for loss or damage to Commodity.
If the Consumer claimant is unable to provide documentary proof of purchase in accordance with (ii) above, the Consumer claimant can make a Claim without proof of purchase, but such Claims will be limited to the Minimum Claim Amount.
The Claim Price consists of the Claim Amount, which may not be below the Minimum Claim Amount, and a mark-up or a discount (if any).
Damages arising from Misconduct are not subject to the General Deductible Amount or the Minimum Claim Amount set forth in SPA § 10.4(a); nor are they subject to the General Indemnity Cap or the Absolute Indemnity Cap set forth in SPA § 10.4(b).
They argue that the Court misinterpreted the “Liability and Claims” section of UP-C-35322, which states as follows:Customer agrees not to file any claim for freight loss or damage when the amount of proven loss or damage is less than Two Hundred Dollars ($200.00) per railcar (Minimum Claim Amount).