Liability Component definition

Liability Component or "L" means the amount of compensation / penalties incurred prior to the Termination Date in accordance with the Agreement and has not been paid to the GCA which for the avoidance of doubt shall include without limitation penalties due to performance failure, penalties due to completion delay, and compensation due to indemnity. "Komponen Tanggung Jawab" atau "L" adalah jumlah kompensasi / penalti yang timbul sebelum Tanggal Pengakhiran sesuai dengan Perjanjian dan belum dibayarkan kepada PJPK, yang untuk menghindari keragu-raguan mencakup tanpa terbatas pada penalti-penalti pembatasan oleh karena kelalaian kinerja, penalti-penalti oleh karena keterlambatan penyelesaian, dan kompensasi oleh karena penggantian kerugian.
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Examples of Liability Component in a sentence

  • The $60,000,000 maximum potential aggregate amount of the Settlement Amounts will be allocated among the Notional ADCR Recovery Component, Minimum Recovery Component, Final ADCR Liability Component, Final DCRS Liability Component, and Visa Third-Party Expenses Amount, and the actual amounts of the Settlement Amounts will be determined, as set forth in Sections 3.1-3.5 and Section 4.3 below.

  • In the event that the Opt-In Threshold Condition is not met, but is waived as provided in Section 9.3, the maximum potential aggregate amount of the Final ADCR Liability Component shall increase to an amount equal to the aggregate amount of the Actual Final ADCR Recovery Amounts for each of the Eligible Visa Issuers that is not an Accepting Issuer.

  • The Settlement Amounts will consist of five parts, including the Notional ADCR Recovery Component, the Minimum Recovery Component, the Final ADCR Liability Component, the Final DCRS Liability Component, and the Visa Third-Party Expenses Amount.

  • If the calculation of the Termination Cost that must be paid by the GCA to IBE based on this Appendix is a negative result because of the inclusion of material Liability Component (L), the net amount of the calculation shall be paid by the IBE to the GCA and such payments will relieve the IBE's obligations related to the compensation owed to the GCA under the Agreement.

  • Thus, the liability of HPS and the HPS Acquirers under this Settlement Agreement with respect to the maximum potential aggregate amount of the Final ADCR Liability Component will be reduced from the maximum amount of that component, dollar for dollar, to the extent such maximum amount exceeds the amount calculated by subtracting the Maximum Final ADCR Recovery Amount of each Accepting Issuer from the Final ADCR Liability Amount.

  • The maximum potential aggregate amounts of the Notional ADCR Recovery Component and of the Minimum Recovery Component assume 100% acceptance of the Alternative Recovery Offers by the Eligible Visa Issuers, and the maximum potential aggregate amount of the Final ADCR Liability Component assumes the Alternative Recovery Offers are accepted by Eligible Visa Issuers that issued, in the aggregate, exactly 80% of the aggregate number of Eligible Visa Issuers’ U.S.

  • The “Final ADCR Liability Component” will be funded in the maximum amount of $5,309,058.65, unless the Opt-In Threshold Condition is not met and is waived pursuant to Section 9.3. The actual amount of the Final ADCR Liability Component shall be the aggregate amount of the Actual Final ADCR Recovery Amounts for each of the Eligible Visa Issuers that is not an Accepting Issuer.

  • The actual amount of the Final DCRS Liability Component shall be the aggregate amount of the Actual Final DCRS Recovery Amounts for all the DCRS-Eligible Visa Issuers.