Examples of General Cap in a sentence

Deposits placed and received through a “deposit placement network” that are not “covered deposits” under Section 337.6(b)(2)(ii)(e)(2)(ii) of the FDIC’s regulations must be reported as brokered deposits in this Memorandum item 1.b. General Cap Under the general cap, an agent institution may except reciprocal deposits from treatment as brokered deposits up to the lesser of $5 billion or an amount equal to 20 percent of the agent institution’s total liabilities.
Each party’s total cumulative liability for all other claims arising out of or relating to this Agreement will not be more than the General Cap Amount.
Each party’s entire liability arising out of or related to this Agreement will not exceed the General Cap.
If the General Cap was already used up, deductions to the guarantee apply.
The General Cap on Noneconomic Damages — Not the Cap in CDARA — Applies to Warembourg’s Damage Award¶ 114 Based on the plain language of CDARA, we hold that its cap on noneconomic damages does not apply to Warembourg’s judgment because this is not a construction defects case.

More Definitions of General Cap

General Cap has the meaning set forth in Section 12(d)(i)(A) below.

General Cap means amounts paid or payable by Customer to Provider under this Agreement in the 12 months immediately preceding the first incident giving rise to liability.

General Cap shall have the meaning assigned to it in Section 8.2(f)(ii).

General Cap means the product of (i) the Purchase Price, as adjusted by Section 2.5, multiplied by (ii) 15%. For the avoidance of doubt, the Escrow Amount, the Hold Back Escrow Amount and $25,000,000 shall be deemed to be a portion of the Purchase Price for purposes of this paragraph.

General Cap has the meaning set forth in Section 5.2(d)(i)(B).

General Cap has the meaning given to such term in Section 9.5(b).

General Cap has the meaning set forth in Section 9.4(c)(i).