Common use of Monetary Limitation of liability Clause in Contracts

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.

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/- 4,88,00,000/- (Rupees One Crore and Seventy Seven Lakh Onlyfour crore eighty eight lakh only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- 4,88,00,000/- (Rupees One Crore and Seventy Seven Lakh Onlyfour crore eighty eight lakh only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.

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/- 2,79,00,000/ - (Rupees One Crore and Seventy Seven Lakh Onlytwo crore seventy nine lakh only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- 2,79,00,000/- (Rupees One Crore and Seventy Seven Lakh two crore seventy nine lakh Only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.

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/- Rs.1,56,00,000/- (Rupees One Crore and Seventy Seven Fifty Six Lakh Only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- Rs.1,56,00,000/- (Rupees One Crore and Seventy Seven Fifty Six Lakh Only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.

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/- 2,97,00,000/- (Rupees One Crore and Seventy Seven Lakh Onlytwo crore ninety seven lakh only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- 2,97,00,000/- (Rupees One Crore and Seventy Seven Lakh Onlytwo crore ninety seven lakh only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.

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/- 5,22,00,000/- (Rupees One Five Crore and Seventy Seven Twenty Two Lakh Only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- 5,22,00,000/- (Rupees One Five Crore and Seventy Seven Twenty Two Lakh Only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.

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/- 1.80 Crore (Rupees One Crore and Seventy Seven Eighty Lakh Only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- 1.80 Crore (Rupees One Crore and Seventy Seven Eighty Lakh Only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.

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/- 3.39 Crore (Rupees One Three Crore and Seventy Seven Thirty Nine Lakh Only Only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- 3.39 Crore (Rupees One Three Crore and Seventy Seven Thirty Nine Lakh OnlyOnly ) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.

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/- 8,19,00,000/- (Rupees One Crore and Seventy Seven Lakh eight crore nineteen lakh Only). With respect to each Long Term Transmission Customer, the above limit of Rs. 1,77,00,000/- 8,19,00,000/- (Rupees One Crore and Seventy Seven Lakh eight crore nineteen lakh Only) shall be divided in the ratio of their Allocated Project Capacity, as existing on the date of the indemnity claim.