Aggregate Liability definition

Aggregate Liability means the total aggregate liability of a party under all and any heads of claim and whether in respect of one or more related or unrelated acts, events, omissions or defaults;
Aggregate Liability for a single "nuclear incident" of "persons indemnified" shall not exceed the sum of, without duplication, (X) the amount of insurance coverage available from commercial insurance underwriters on terms substantially equivalent (in the reasonable opinion of the Owner Participant) to the terms in effect on the Closing Date under Applicable Law and required to be maintained by each licensee with respect to any single nuclear facility, and (Y) the maximum aggregate amount payable with respect to a single "nuclear incident" by all licensees of nuclear facilities participating in any deferred premium or similar plan required under Applicable Law, by more than $40 million
Aggregate Liability means the aggregate maximum amount of claims admissible under the policy and shall be the amount specified as such in the schedule subject to any enhancement thereof by an endorsement attached to the policy.

Examples of Aggregate Liability in a sentence

  • Per Project Aggregate Liability Limit or, where not available, the aggregate limit shall be $2,000,000.

  • The General Aggregate Liability limit and the Products/Completed Operations Liability Aggregate limit shall be in the amount of $2,000,000 each.

  • Per Project Aggregate Liability Limit or, where not available, the aggregate limit shall be $2,000,000 c.

  • This clause operates independently to (and to the exclusion of) the aggregate liability limitation detailed in the clause entitled Aggregate Liability.

  • The clause entitled CPE Liability operates independently to and to the exclusion of the aggregate liability limitation detailed in the clause entitled Aggregate Liability.

  • If the liability of the Company for all Losses under this Policy reaches the Maximum Aggregate Liability, the total premium under this Policy is due and payable and shall remain due and payable; provided, however, that the premium shall continue to be calculated and paid in the manner specified on the face hereof.

  • Clause 16.4 (Limitations on Liability) other than Clause 16.4.6 (Transporter Aggregate Liability for Certain Events) of this Agreement shall apply to this Schedule 2.

  • The General Aggregate Liability limit (except for Products/Completed Operations) shall be in the amount of $2,000,000.

  • The provisions of this Section 20 shall survive the Close of Escrow and the indemnity obligations hereunder expressly fall outside of the Maximum Aggregate Liability Cap (as defined below) and are not capped by Buyer’s full Deposit amount.

  • Per Project Aggregate Liability Limit or, where not available, the aggregate limit shall be $2,000,000 d.


More Definitions of Aggregate Liability

Aggregate Liability means, with respect to each Equity Participant, the sum in Dollars indicated as the Aggregate Liability (plus interest) and set forth opposite that Person's name in Schedule A, which is annexed to and made a part of this Note.
Aggregate Liability means Seller’s aggregate liability for breach of all representations, warranties and indemnities of Seller set forth in this Agreement shall in no event exceed Four Million Dollars ($4,000,000) (the “Liability Cap”). Notwithstanding the foregoing, the Aggregate Liability shall not be applicable to insured third party claims, revenue and expense allocations under Section 7.6 of this Agreement (including sales and use tax and occupancy tax liability), any type of employee liability claims or claims under Section 8.3 of this Agreement.
Aggregate Liability. Chartwell's aggregate liability to the Licensee whether for negligence, breach of contact, misrepresentation or otherwise shall in respect of a single occurrence or a series of occurrences shall in no circumstances exceed the $50,000 aggregate cash payments actually made to Chartwell as the initial license fee under Paragraph 5.1 of this Agreement.
Aggregate Liability means all liability, whether such liability arises from one or more claims, events, circumstances, acts, representations, defaults or omissions and whether such liability is owed by or to more than one party to which this clause applies.
Aggregate Liability. [Amount in Guarantee Currency] Clause 11A. Annual Premium Rate: [ ]% Clause 11B. Total Premium for the First Contract Period: [Amount in Guarantee Currency], calculated as follows: [ ], payable on or before the Initial Premium Due Date Clause 12A. Annual Standby Option Fee Rate: [ ]% [Not applicable] Clause 12B. Standby Option Fee for the First Contract Period: [[Amount in Guarantee Currency], calculated as follows: [ ], payable on or before the Initial Premium Due Date] [Not applicable] Clause 13. Deductible: Transfer Restriction: Inconvertibility Inability to Transfer [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] Expropriation: Expropriation of the Project Enterprise Expropriation of Lender Rights Expropriation of Funds Expropriation of Collateral Rights [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] [Amount in Guarantee Currency][None] War and Civil Disturbance: Loss of Assets Permanent Loss of Use [Amount in Guarantee Currency per Loss][None] [Amount in Guarantee Currency][None] Arbitral Award Default: [Amount in Guarantee Currency][None] Clause 14A. Total Premium Amount Due for the First Contract Period: [Amount in Guarantee Currency], calculated as follows: Clause 11B [+ Clause 12B] less the application fee of [Amount in Guarantee Currency] paid to MIGA on [ ], payable on or before the Initial Premium Due Date
Aggregate Liability means $10,000,000 less the aggregate amount of gross proceeds received by Borrower from investors other than the Guarantors pursuant to one or more Qualified Equity Financings.

Related to Aggregate Liability

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

  • Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.

  • 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.

  • 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.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.