Liability Cap definition

Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;
Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9; "Local Output" has the meaning ascribed to it in Part L of the Network Code;
Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9; "Licensing Regulations" means the Railways (Licensing of Railway Undertakings) Regulations 2005;

Examples of Liability Cap in a sentence

  • The cooperation obligations of the Purchaser shall only apply if and to the extent the personal liability of the Seller exceeds the Liability Cap or the Seller or any Affiliate of the Seller is directly liable for Taxes vis-à-vis the Tax Authorities.


More Definitions of Liability Cap

Liability Cap for the purposes of Clause 11.1, means £100,000 per occurrence and an overall annual cap of £1,000,000 in any period of twelve consecutive calendar months during the term of this Agreement;
Liability Cap means the sum calculated in accordance with Clause 10.4.2;
Liability Cap has the meaning specified in Section 8.05(c).
Liability Cap has the meaning set forth in Section 10.2(a)(v).
Liability Cap means, in respect of each Relevant Year, the greater of:
Liability Cap has the meaning set forth in Section 12.3.
Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 5; “Network” has the meaning ascribed to it under section 83(1) of the Act;