Maximum Coverage Sample Clauses

Maximum Coverage. The maximum open/fair market aggregate value of the repairs Seller must provide or pay for with respect to any single Covered Failure during the Warranty Term is the wholesale value of the Vehicle (per the regional N.A.D.A. Guide for the month of the claim) or $3,000.00, whichever is less. Seller’s aggregate obligation for covered warranty claims under this limited warranty (under any terms or combination of terms) shall not exceed $15,000.00 fair market value (before all deductibles are applied). What is Not Covered: The following are not covered under the terms of this limited warranty: • Failures Caused (In Whole or in Part) by Lack of Preventive Maintenance, Checks and Services (PMCS): Any otherwise covered failure that is caused (in whole or in part) by Buyer’s failure to properly and/or timely perform PMCS that is recommended or required by the manufacturer. • Aftermarket Equipment/Item: Any failure of an otherwise covered item where the failed item is an aftermarket or “custom” item that was not installed by the manufacturer or manufacturer’s factory authorized dealer at time Vehicle was “new” and for which the Seller’s records do not show to have been installed on the Vehicle at time of Seller’s sale to Buyer. • Noises: “Rattles,” squeaks, wind noises, and any other noises/annoyances attributable to an otherwise covered item. • Miscellaneous Items and Circumstances: o Any otherwise covered failure that is the subject of the Vehicle manufacturer’s warranty, manufacturer’s recall program, or the subject of manufacturer’s Technical Service Bulletin. o Failures caused (in whole or in part) by the failure of a non-warranted item, part, or system. o Failures caused (in whole or in part) by ▇▇▇▇▇’s lack of proper maintenance (as reasonably determined by Seller), including lack of appropriate fluid levels. o Failures caused (in whole or in part) by continued operation of the Vehicle after the occurrence of a mechanical breakdown or warning light/gauge notice. o Failures caused (in whole or in part) by a faulty repair made post sale which was not made by Seller (or Seller’s agent/subcontractor). o Failures caused by post sale accident, collision, theft, tampering, misuse, abuse, negligence, vandalism, weather, improper or contaminated fuel, or so called “acts of God.” o Failures caused by road hazards/road debris. o Repairs for otherwise Covered Failures that are made by third parties without advance written approval by Seller. o Anything not listed above u...

Maximum Coverage. Notwithstanding anything in this Agreement to the contrary, the maximum aggregate liability of the Seller for indemnification under this Article 9 shall not exceed the Indemnity Escrow Amount and the then remaining balance of the Indemnity Escrow shall be the sole source of recovery for any claim by the Buyer Indemnitees hereunder; provided, notwithstanding the foregoing, the maximum aggregate liability of the Seller for indemnification with respect to Company Fundamental Representations or claims for Fraud shall not exceed $49,000,000.

Maximum Coverage. Regular part-time seniority employees may draw sick pay of up to forty hours per calendar year, or a lesser pro rata amount for employees hired during the year. This sick bank shall be at the higher level of sixty hours for regular part-time employees with more than five years of seniority. These hours do not accumulate from year to year. The Employer reserves the right to require medical verification of the need to be absent as a condition of payment and to disallow sick pay where an employee demonstrates any type of pattern of Saturday or Sunday absences. No sick pay will be payable during a period of pregnancy leave or if an employee is in receipt of any form of sick pay or indemnity from any other employer for the same day.

Maximum Coverage. The current maximum reimbursement amount of $1,200 per employee shall be increased by $100 per year through the term of the agreement to a new maximum of $2,000. The current maximum reimbursement amount of $1,200 per employee shall be increased by $100 per year through the term of the agreement to a new maximum of $2,000. The reimbursement amount of $670 per dependent shall be increased by $55 per year through the term of the agreement to a new maximum of $1,100. Effective July 1, 2005, the employee rollover provision of $400 shall decline by $100 per year until the new maximum reimbursement amount of $2,000 is reached. Effective July 1, 2005, the amount of the unused employee balance that can be applied to the outstanding dependent balance shall increase to $530 per fiscal year.