Operator Liability Limit definition

Operator Liability Limit is defined in Section 5.1.

Examples of Operator Liability Limit in a sentence

  • As of January 1 of each calendar year (commencing with January 1, 2016), the Operator Liability Limit will be increased by an amount equal to the sum of (i) the then applicable Operator Liability Limit plus (ii) the product of the Annual Escalation Factor multiplied by the then applicable Operator Liability Limit.