Common use of Monetary Limitation of liability Clause in Contracts

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.

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 for any indemnity claims made in a Contract Year only up to an amount of Rs 0.73 Crore (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 madeSeventy Three Lakh Only).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 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/- 0.67 Crore (rupees ten lakh) in which the indemnity claim is madeRupees Sixty Seven Lakh Only).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 for any indemnity claims made in a Contract Year only up to an amount of Rs 1.30 Crore (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 madeOne Crore Thirty Lakh Only).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 0 for any indemnity claims made in a Contract Year only up to an amount of Rs.0.39 Crore (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 madeThirty Nine Lakh Only).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 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/- 5.28 Crore (rupees ten lakh) in which the indemnity claim is madeRupees Five Crore Twenty- Eight Lakh Only).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 for any indemnity claims made in a Contract Year only up to an amount of Rs.60 Lakh (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 madeSixty Lakh).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 for any indemnity claims made in a Contract Year only up to an amount of Rs 1.33 Crore (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 madeOne Crore Thirty Three Lakh Only).

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 15 for any indemnity claims made in a Contract Year only up to upto an amount of Rs 5 Crore ( 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 madeFive Crores).

Monetary Limitation of liability. 11.2.1 9.4.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 9 for any indemnity claims made in a Contract Year only up to an amount as per Article 4.1.6 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 madethis Agreement.

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 for any indemnity claims made in a Contract Year only up to an amount of Rs 0.60 Crore (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 madeSixty Lakh Only).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 for any indemnity claims made in a Contract Year only up to an amount of Rs.4.67 Crore (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 madeFour Crore Sixty Seven Lakh Only).

Monetary Limitation of liability. 11.2.1 14.3.1 A Party ("Indemnifying Party") shall be liable to indemnify the other Party ("Indemnified Party") under this Article 11 14 for any indemnity claims made in a Contract Year only up to an amount of Rs 4.93 Crore (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 madeFour Crore Ninety Three Lakh Only).