Uncapped Liability Contract definition

Uncapped Liability Contract means any Contract for the provision of goods, equipment or other products (together with associated services, if applicable) related to the Power Transmission business of the Company and its Subsidiaries with reasonably anticipated revenues over the life of such Contract in excess of $500,000 that contains an indemnification obligation of the Company or any of its Subsidiaries which is uncapped or unlimited in time, scope or amount.
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Related to Uncapped Liability Contract

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Related Liability Amount with respect to any Related Liability on the books of the Assuming Institution, means the amount of such Related Liability as stated on the Accounting Records of the Assuming Institution (as maintained in accordance with generally accepted accounting principles) as of the date as of which the Related Liability Amount is being determined. With respect to a liability that relates to more than one asset, the amount of such Related Liability shall be allocated among such assets for the purpose of determining the Related Liability Amount with respect to any one of such assets. Such allocation shall be made by specific allocation, where determinable, and otherwise shall be pro rata based upon the dollar amount of such assets stated on the Accounting Records of the entity that owns such asset.

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Guarantee/Warranty/ Defect Liability Period (DLP) means the period and other conditions governing the warranty/guarantee/defect liability period of the services as provided in the Contract.

  • Retained Liabilities has the meaning set forth in Section 2.4.