Additional Liability definition

Additional Liability means in relation to a Liability, any liability which arises or is incurred as a result of or in connection with:
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Additional Liability means the percentage increase, the insurance premium, or the additional amount in re- spect of provision made by a membership organisation, as the case may be; and
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Additional Liability means an amount that, when added to the amount on deposit, will provide the remaining portion of the pension reserve for the period of service that corresponds to the contributions made by or on behalf of a member.
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Examples of Additional Liability in a sentence

  • Collect your and your spouse’s financial documents (Federal 2017 IRS Tax Transcript(s), W-2 forms, etc.).

  • Agencies/organizations are responsible for calculating interest under the Prompt Payment Act.C.3.3.13.2 Additional Liability for Individually Billed Accounts (IBAs)In addition to the items contained in the general program requirements, full liability for all charges and fees associated with IBAs rests with the individual account holder.

  • For all other shipments, a maximum of $100,000.00 in excess liability coverage is available unless Shipper obtains an exception as provided in subparagraph (b) below.B. Procedure for Requesting Additional Liability.

  • The list (soft copy) of finally admitted applicants on the basis of Sports shall be sent to the Dean, Admissions and Director, DUSC by the Colleges within seven days of the last date of admission of the University.

  • Additional Liability Coverage may be purchased in the amount up to $1,000 for U.S. and international shipments, except for Tracked Packet – USA items and Tracked Packet – International items.

  • Additional Liability Coverage may be purchased in increments of $100 up to $5,000 for shipments within Canada.

  • Joint-stock companies or limited liabilities partnerships with 50% or more of State participation were governed by the Law "On Joint Stock Companies" of 13 May 2003, the Law "On Limited and Additional Liability Partnerships" of 22 April 1998, the Law No. 413-IV, the Law "On the Securities Market" of 2 July 2003 and the Civil Code of the Republic of Kazakhstan.

  • Additional Liability insurance required for National Elected Officers shall include Errors and Omissions, Advertising Injury and Personal Injury insurances.

  • Additional Liability for Uninsured Employers‌1) An uninsured employer is responsible for obtaining and paying for any legal representation required to litigate a workers’ compensation claim.

  • There is Additional Liability of Rs. 3644 Crore in the Books of GUVNL’s Accounts for FY 2019-20 towards various judgments of court and GSECL Sikka Unabsorbed Depreciation.


More Definitions of Additional Liability

Additional Liability means in relation to a Liability, any present and future liabilities and obligations at any time of all or any of the Obligors, both actual and contingent and whether incurred solely or jointly or in any other capacity together with any of the following matters which arises or is incurred as a result of or in connection with:
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Related to Additional Liability

  • Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration Trust;

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • Third Party Liability means the liability of ARTC and/or the Operator to any third party (not being a related entity as defined in the Corporations Act 2001) who suffers any personal injury, property or economic loss or damage as a consequence of an Incident.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • AND LIABILITY LIMITS State Street shall assume no responsibility for lost interest with respect to the refundable amount of any unauthorized payment order, unless State Street is notified of the unauthorized payment order within thirty (30) days of notification by State Street of the acceptance of such payment order. In no event shall State Street be liable for special, indirect or consequential damages, even if advised of the possibility of such damages and even for failure to execute a payment order.

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

  • Defects Liability Period means the warranty period following the taking over, during which the Contractor is responsible for making good, defects and damage in Goods and Services provided, under the Contract.

  • Liability means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for Taxes.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • Direct Damage has the meaning given to it in clause 26.2;

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;

  • First party insurance means an insurance policy or contract in which the insurer

  • Contingent Liability means any agreement, undertaking or arrangement by which any Person guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, obligation or any other liability of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person. The amount of any Person’s obligation under any Contingent Liability shall (subject to any limitation set forth therein) be deemed to be the outstanding principal amount (or maximum outstanding principal amount, if larger) of the debt, obligation or other liability guaranteed thereby.

  • Excluded Environmental Liabilities means any and all Environmental Liabilities whether arising before, at or after the Effective Time, to the extent relating to, resulting from, or arising out of the past, present or future operation, conduct or actions of Xxxxxxx Retained Business.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Proportionate Liability means the proportion of any judgment that, had the Settling Defendants not settled, the Ontario Court or Quebec Court, as applicable, would have apportioned to the Releasees.