Shared Limit definition

Shared Limit means the Credit Limit which you have elected to be shared by all Cardholders, without assigning any specific Sub-Limit to any Cardholder, provided that the total amount incurred by all Cardholders does not exceed the Credit Limit at any time.
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Shared Limit means the Credit Limit which you have elected to be shared by all Cardmembers, without assigning any specific Sub-Limit to any Cardmember, provided that the total amount incurred by all Cardmembers does not exceed the Credit Limit at any time.
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Shared Limit means the Credit Limit which you have elected to be shared by all Card members, without assigning any specific Sub-Limit to any Card member, provided that the total amount incurred by all Card members does not exceed the Credit Limit at any time.
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Examples of Shared Limit in a sentence

  • Such Supplemental Personal Indemnification Limit of Liability will not exceed the amount set forth in ITEM 5 of the Declarations, which amount is in addition to and not part of the Liability Coverage Limit of Liability or Liability Coverage Shared Limit of Liability, if applicable.

  • If ITEM 5 of the Declarations indicates that coverage for Supplemental Personal Indemnification Coverage has been purchased, and if the Liability Coverage Limit of Liability under this Liability Coverage or a Liability Coverage Shared Limit of Liability, if applicable, has been exhausted, the Company will provide the Insured Persons with an additional Supplemental Personal Indemnification Limit of Liability under Insuring Agreement A.

  • The Shared Limit of Insurance will be reduced, and may be exhausted, by payment: (i) of Loss; or (ii) for Covered Events; under any Scheduled Coverage Section.

  • Occ.-1,000,000 Employee Benefits Liability Agg-1,000,000 Shared Directors & Officers and Employment Practices Liability: 2,000,000 Shared Limit Ded.

  • Annual Reinstatement of the Shared Limit of Insurance means, if Annual Reinstatement of the Shared Limit of Insurance is marked “ Applicable” in ITEM 4 of the Declarations, the reinstatement of the Shared Limit of Insurance for Scheduled Coverage Sections and of each applicable Coverage Section or Insuring Agreement Limit of Insurance for each Policy Year during the Policy Period.

  • The Underwriter’s maximum limit of liability for all civil fines and penalties resulting from all Claims for violations of EMTALA shall be $150,000, which amount shall be part of, and not in addition to, the Policy Aggregate Limit of Liability and any Separate Limit of Liability or Shared Limit of Liability applicable to this Coverage Section.

Related to Shared Limit

  • Lead Limits means the maximum concentrations of lead and lead compounds (“Lead”) by weight specified in Section 3.2.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Bag limit means the maximum number of game animals, game

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;