MTDL Clause Samples
The MTDL, or Maximum Total Disclosed Liability, clause sets a cap on the total financial liability that one party may incur under a contract. In practice, this means that regardless of the number or nature of claims made, the responsible party's aggregate liability cannot exceed a specified monetary limit, often tied to the contract value or a fixed sum. This clause is essential for managing risk exposure, as it provides certainty and predictability regarding the maximum potential losses a party might face, thereby facilitating more informed decision-making and negotiation.
MTDL a special limited partnership (société en commandite spéciale) incorporated under the laws of the Grand-Duchy of Luxembourg, registered with the Luxembourg Register of Commerce and Companies under number B-231.397 and having its registered office at 6▇, ▇▇▇▇▇▇ ▇.▇. ▇▇▇▇▇▇▇, L-1855 Luxembourg, Grand Duchy of Luxembourg, represented by Tikehau General Partner II S.à r.▇., a limited liability company (société à responsabilité limitée) incorporated under the laws of the Grand-Duchy of Luxembourg, registered with the Luxembourg Register of Commerce and Companies under number B-215.499 and having its registered office at 6▇, ▇▇▇▇▇▇ ▇.▇. ▇▇▇▇▇▇▇, L-1855 Luxembourg, Grand Duchy of Luxembourg, acting in its capacity of general partner of MTDL, itself represented by Tikehau Investment Management acting in its capacity of alternative investment fund manager and duly represented for the purposes hereof;