Maximum Excess Sample Clauses
The Maximum Excess clause sets a cap on the amount of excess or deductible that a party is required to pay under an insurance policy or contractual arrangement. In practice, this means that even if multiple claims arise or if the calculated excess would otherwise be higher, the party's financial responsibility is limited to a specified maximum amount. This clause is particularly useful in managing and limiting the insured party's exposure to large or repeated losses, ensuring predictability and financial protection.
Maximum Excess. Not to exceed 30 days in the aggregate for each and every loss.
Maximum Excess. Not to exceed USD100,000 each occurrence or such higher amount as may be agreed by the Intercreditor Agent.
Maximum Excess. Not to exceed: • 20% of the loss amount each and every loss subject to a maximum of USD200,000 and minimum of USD10,000 in respect of claims on Vibration, Removal and Weakening of Support • 10% of the loss amount each and every loss subject to a maximum of USD100,000 and minimum of USD10,000 in respect of Underground Services/Water Damage • 40% of the loss amount each and every loss subject to a maximum of USD100,000 and minimum of USD10,000 in respect of Oil Filled Cables and Fibre Optic Cables • US$200,000 each and every occurrence in respect of damage to property owned by or in the care custody and control of the Company • USD25,000 each and every occurrence in respect of Third Party Property Damage and Interference with right of way/property/enjoyment of use by obstruction, trespass, loss of amenities or nuisance
Maximum Excess. Not to exceed:
(i) HK$250,000 or 20% of loss whichever is the greater in respect of loss of or damage to third party property arising out of vibration, removal or weakening of support; or
(ii) HK$400,000 or 20% of loss whichever is the greater of the amount of loss or damage to underground services or Employers’ property; or
(iii) HK$400,000 or 40% whichever is the greater of the amount of loss or damage to underground utility services being oil-filled or fibre-optic cables; or
(iv) Third Party Property Damage HK$150,000. All deductibles stated are in respect of each Event. Following a claim where more than one deductible is triggered in a section, the single greatest deductible applicable to that Event shall apply.
Maximum Excess. Not to exceed: • 20% of the loss amount each and every loss subject to a maximum of USD20,000 and minimum of USD10,000 in respect of claims on Vibration, Removal and Weakening of Support • 10% of the loss amount each and every loss subject to a maximum of USD50,000 and minimum of USD10,000 in respect of Underground Services/Water Damage • 40% of the loss amount each and every loss subject to a maximum of USD50,000 and minimum of USD10,000 in respect of Oil Filled Cables and Fibre Optic Cables • USD10,000 each and every occurrence in respect of Third Party Property Damage and Interference with right of way/property/enjoyment of use by obstruction, trespass, loss of amenities or nuisance
Maximum Excess. Not to exceed USD100,000 (or 15% of loss for Water Damage or valet parking) each occurrence or such higher amount as may be agreed by the Agent.
Maximum Excess. Not to exceed:
(i) HK$250,000 or 20% of loss whichever is the greater in respect of loss of or damage to third party property arising out of subsidence, collapse, vibration, removal or weakening of support, or other ground movement; or
(ii) HK$400,000 or 20% of loss whichever is the greater of the amount of loss or damage to underground services or Employers’ property; or
(iii) HK$400,000 or 40% whichever is the greater of the amount of loss or damage to underground utility services, oil-filled cables or fibre optic cables; or
(iv) HK$150,000 for any other Third Party Property Damage; or
(v) HK$75,000 for any Third Party Bodily Injury. Deductibles to be applied to each contract separately. In the event of more than one deductible applying to a single occurrence of loss under a contract, only the highest applicable deductible shall apply.