Monetary Limitation of liability Sample Clauses

Monetary Limitation of liability. 11.2.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 for any indemnity claims made in a Contract Year only up to an amount of Rupees equivalent to half percent (0.5%) of the average annual Tariff Payment for the Contract Year subject to a maximumof Rs. 10,00,000/- (rupees ten lakh) in which the indemnity claim is made.
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Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 1,77,00,000/- (Rupees One Crore and Seventy Seven Lakh Only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- (Rupees One Crore and Seventy Seven Lakh Only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.
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Monetary Limitation of liability. (i) A claim for indemnity for Damages by the Buyer Group or any member thereof under Section 11(b)(i) hereof shall be effective only after the aggregate amount of all Damages suffered by members of the Buyer Group of the type described in Section 11(b)(i) hereof exceeds $500,000 and then only to the extent of such excess.
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Monetary Limitation of liability. 12.2.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 12 for any indemnity claims made in a Contract Year only up to an amount of Rupees ………… (… ) [Insert amount]. [Insert further in case of multiple Procurers, “With respect to the Procurer(s), the above limit of Rupees ……….. (…………..) [Insert amount] shall be divided in the ratio of their Contracted Capacity existing on the date of the indemnity claim.”]
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Monetary Limitation of liability. 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 14 for any indemnity claims made in a Contract Year only up to an amount of Rs. 9,00,000/- (Rupees Nine Lakh Only). With respect to each Long Term Transmission Customer, the above limit of Rs. 9,00,000/- (Rupees Nine Lakh Only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim. Chenab Valley Power Projects [P] Limited SPV[which is under incorporation]
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Monetary Limitation of liability. EXCEPT AS TO “ASSUMPTION OF LIABILITY AND INDEMNIFICATION” IN SECTION 9 BELOW, THE MAXIMUM LIABILITY OF EITHER PARTY TO THE OTHER PARTY FOR CLAIMS ARISING FROM OR RELATING TO THIS AGREEMENT SHALL BE THE GREATER OF THE MONETARY AMOUNT RECEIVED BY BROAD FROM DATA PROVIDER UNDER THIS AGREEMENT, IF ANY, OR THE TOTAL SUM OF ONE THOUSAND U.S. DOLLARS ($1000). THE FOREGOING LIMITATIONS APPLY REGARDLESS OF WHETHER THE CLAIM IS BROUGHT UNDER CONTRACT, TORT, WARRANTY OR OTHERWISE.
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Related to Monetary Limitation of liability

  • Limitation of Liability No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

  • Limitation of Liabilities 13.1 Notwithstanding anything herein to the contrary, except for damages resulting from (i) unauthorized use or disclosure of Confidential Information (including Customer Data), or (ii) damages resulting from death or bodily injury arising from either party’s gross negligence or willful misconduct, or (iii) SAP’s right to collect unpaid fees, under no circumstances and regardless of the nature of the claim shall either party (or their respective Affiliates or SAP’s licensor’s) be liable to each other to or any other person or entity under the Agreement for an amount of damages in excess of the fees paid for the applicable Services under the relevant Order Form or in the case of subscription based Services including managed services, the fees paid in the twelve (12) month period preceding the date of the incident giving rise to the liability, or, any special, incidental, consequential, or indirect damages, loss of good will or business profits, work stoppage or for exemplary or punitive damages.

  • Indemnification; Limitation of Liability A. USBFS shall exercise reasonable care in the performance of its duties under this Agreement. USBFS shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Trust in connection with matters to which this Agreement relates, including losses resulting from mechanical breakdowns or the failure of communication or power supplies beyond USBFS's control, except a loss arising out of or relating to USBFS's refusal or failure to comply with the terms of this Agreement or from bad faith, negligence, or willful misconduct on its part in the performance of its duties under this Agreement. Notwithstanding any other provision of this Agreement, if USBFS has exercised reasonable care in the performance of its duties under this Agreement, the Trust shall indemnify and hold harmless USBFS from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys' fees) which USBFS may sustain or incur or which may be asserted against USBFS by any person arising out of any action taken or omitted to be taken by it in performing the services hereunder, except for any and all claims, demands, losses, expenses, and liabilities arising out of or relating to USBFS's refusal or failure to comply with the terms of this Agreement or from bad faith, negligence or from willful misconduct on its part in performance of its duties under this Agreement, (i) in accordance with the foregoing standards, or (ii) in reliance upon any written or oral instruction provided to USBFS by any duly authorized officer of the Trust, such duly authorized officer to be included in a list of authorized officers furnished to USBFS and as amended from time to time in writing by resolution of the Board of Trustees. USBFS shall indemnify and hold the Trust harmless from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys' fees) that the Trust may sustain or incur or that may be asserted against the Trust by any person arising out of any action taken or omitted to be taken by USBFS as a result of USBFS's refusal or failure to comply with the terms of this Agreement, its bad faith, negligence, or willful misconduct. In the event of a mechanical breakdown or failure of communication or power supplies beyond its control, USBFS shall take all reasonable steps to minimize service interruptions for any period that such interruption continues beyond USBFS's control. USBFS will make every reasonable effort to restore any lost or damaged data and correct any errors resulting from such a breakdown at the expense of USBFS. USBFS agrees that it shall, at all times, have reasonable contingency plans with appropriate parties, making reasonable provision for emergency use of electrical data processing equipment to the extent appropriate equipment is available. Representatives of the Trust shall be entitled to inspect USBFS's premises and operating capabilities at any time during regular business hours of USBFS, upon reasonable notice to USBFS. Notwithstanding the above, USBFS reserves the right to reprocess and correct administrative errors at its own expense.

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