Initial Liability Amount definition

Initial Liability Amount means C$10.8 million;
Sample 1
Initial Liability Amount. The value is determined by adding together the per gallon assessment and the per day assessment. For this case, the total is $$6,699,000 + $10,000 for a total initial liability amount of $6,700,000.
Sample 1
Initial Liability Amount. The value is determined by the per day assessment for a total initial liability amount of $15,000.
Sample 1

Examples of Initial Liability Amount in a sentence

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount determined in Step 2.

  • Step 5 - Determination of Total Base Liability Amount The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount determined in Step 2.

  • The Per Gallon Assessment and the Per Day Assessment are added together to become the Initial Liability Amount for Violation 2.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Total Initial Liability Amount determined in Step 3.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount determined in Step 3.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount determined in Step 2 for discharge violations and in Step 3 for non- discharge violations.

  • The efforts should rather be directed at in-country harmonisation of the individual sectoral legislation and between the general and sectoral legislation for environmental protection.

  • At the Effective Time, but conditional upon the payment of the Initial Liability Amount by the Offeror to New Hydrogenics, the Offeror shall be obligated to pay all Algonquin Costs and such obligation shall remain with the Offeror and shall not be transferred to or paid by New Hydrogenics.

  • Violation No. 2 - Initial Liability Amount The initial liability amounts for the violations calculated on a per-gallon and per-day basis, are as follows: Per Gallon Liability: (0.1) x (109,700 gallons) x ($10/gallon) = $109,700 Per Day Liability:(0.1) x (7 days) x ($10,000/day) = $7,000 Total Initial Liability = $116,700Step 3 – Per Day Assessment for Non-Discharge Violation This factor does not apply for because Violation No. 2 is a discharge violation.


More Definitions of Initial Liability Amount

Initial Liability Amount. Daily: $217,000 62 collapsed days x $10,000/day x 0.35 = $217,000 Total Base Liability Amount: Daily: $310,310 Initial liability amount x 1.3 (culpability) x 1 (cleanup and cooperation) x 1.1 (history of violations) = $217,000 x 1.3 x 1 x 1.1 = $310,310
Sample 1

Related to Initial Liability Amount

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

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.

  • Consolidated Current Liabilities means, as at any date of determination, the total liabilities of Holdings and its Subsidiaries on a consolidated basis that may properly be classified as current liabilities in conformity with GAAP, excluding the current portion of long term debt.