Limit of Liability definition

Limit of Liability means, with respect to any Insuring Agreement, the limit of liability of the Underwriter for any Single Loss covered by such Insuring Agreement as set forth under the heading “Limit of Liability” in Item 3 of the Declarations or in any Rider for such Insuring Agreement.

Limit of Liability means the limit of liability identified in the Award Letter;

Limit of Liability means, with respect to any Insuring Agreement, the limit of liability of the Underwriter for any

Examples of Limit of Liability in a sentence

• The coverage is to include Contractual liability, Per Project Limit of Liability, losses caused by Explosion, Collapse and Underground (“xcu”) perils, the “City of Stonecrest” is to be added as an Additional Insured and Products and Completed Operations coverage is to be maintained for three (3) years following completion of work.

• Contractor shall provide Town with a current Certificate of Insurance or a certified copy of the insurance policy naming Town as an additional insured in not less than the following amount: One Million Dollars ($1,000,000.00) Combined Single Limit of Liability per Occurrence.

• Such Sub-limit of Liability shall be subject to, part of, and not in addition to, the Limit of Liability applicable to this Liability Coverage Part.

• Liability Policy for a minimum Limit of Liability $1,000,000 each occurrence or per claim.

• Attention is directed to the Warranty, Limit of Liability and Other Conditions on both sides.

More Definitions of Limit of Liability

Limit of Liability means the amount specified in the Schedule.

Limit of Liability means the Limit of Liability specified in the Schedule.

Limit of Liability means the amount specified as such in the Schedule.

Limit of Liability. The total amount that We will pay for repairs made in connection with all claims that You make pursuant to this Service Agreement shall not exceed the original purchase price of Your Product (including taxes). In the event We make payments for repairs; which in the aggregate are equal to the original purchase price of Your Product, or We replace Your Product (all pieces if a matching set), We will have no further obligations under this Service Agreement. IN NO EVENT SHALL THE TOTAL OF ALL CLAIMS OR REPLACEMENT EXCEED THE ORIGINAL PRICE PAID BY YOU FOR THE COVERED PRODUCT. WE ARE NOT LIABLE FOR ANY INCIDENTAL OR CONSEQUENTIAL DAMAGES; INCLUDING BUT NOT LIMITED TO, PROPERTY DAMAGE, LOST TIME OR LOST DATA RESULTING FROM THE FAILURE OF ANY PRODUCT OR FROM DELAYS IN SERVICE OR THE INABILITY TO RENDER SERVICE. WE ARE NOT LIABLE FOR ANY AND ALL PRE‐EXISTING CONDITIONS THAT OCCUR PRIOR TO THE EFFECTIVE DATE OF THIS SERVICE AGREEMENT, INCLUDING ANY INHERENT PRODUCT FLAWS. SERVICE AGREEMENT TERMS: Coverage begins on the date of Product purchase or date of installation by the selling retailer (proof of installation date will be required if different from Product purchase date), and continues for the period of time defined on Your sales receipt. This Service Agreement is inclusive of the manufacturer’s warranty; it does not replace the manufacturer’s warranty but provides certain benefits during the term of the manufacturer’s warranty. During the manufacturer’s warranty period, any parts, labor or on‐site service or shipping costs covered by that warranty are the sole responsibility of the manufacturer; upon expiration of the manufacturer’s original warranty, this Service Agreement continues to provide many of the manufacturer’s benefits as well as certain additional benefits listed within this Service Agreement, and will furnish replacement parts and/or labor necessary to restore Your covered Product to standard manufacturer’s operating condition.

Limit of Liability means the maximum amount payable by us as stated in the Schedule in respect of each claim or loss.

Limit of Liability means:The amount stated in Item 3 of the Schedule.

Limit of Liability means the amount specified in item 5 of the Schedule.