Risk Limits Clause Samples

Risk Limits. Clearing Broker and Executing Broker hereby agree that the risk-based limits set forth in Exhibit A (“Risk Limits”) shall apply to each Customer that executes an order through Executing Broker that is given up to Clearing Broker for clearing. The Risk Limits may be modified from time to time upon the agreement of Executing Broker and Clearing Broker. Nothing herein shall prevent the Executing Broker from applying a limit more stringent than the Risk Limits to a particular Customer.
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Risk Limits. (i) The Contracting Party’s Risk Limit is equal to the Contracting Party’s Margin Limit, established in accordance with Section 3 of this Schedule “C”.
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Risk Limits. Compliance with ratios and magnitudes. The Grupo's head entity is responsible for ensuring that risk policies, financial or otherwise, are designed in accordance with prevailing prudential standards and national and international best practices and are implemented with the utmost rigour. In particular, the above paragraph shall apply to the following risks: a) credit, credit default and counterparty, both at the origination, monitoring and recovery stages. This shall also apply to risk exposures in fixed income, equity, derivative and other off- balance sheet contingent exposures; b) concentration;
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Risk Limits. (i) Exchange shall set risk limits that prevent a Contracting Party’s Margin Requirement from exceeding two times the Contracting Party’s net worth, or two times the net worth of the Specified Entity where such entity has provided Exchange with financial statements, as adjusted by Exchange in its sole discretion (the “Risk Limit”). Exchange shall provide the Contracting Party with notification of its Risk Limit and any related updates that Exchange determines in its sole discretion are appropriate from time to time. (ii) Exchange may allow the Contracting Party to exceed the Risk Limit in an amount to be determined in Exchange’s sole discretion, relative to the Collateral and in accordance with certain standards to be set by Exchange from time to time (the “Adjusted Risk Limit”).
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Related to Risk Limits

  • Liability Limits Notwithstanding anything to the contrary set forth herein, no Purchaser Indemnified Party shall be indemnified by the Shareholder under this Article X for any Purchaser Losses (i) with respect to any claim unless such claim involves Purchaser Losses in excess of $75,000 (the “Single Claim Amount”) and (ii) unless and until the aggregate amount of such Purchaser Losses exceeds three-fourths of one percent (0.75%) of the Purchase Price (the “Deductible”), but only if such Purchaser Losses also meet the requirements of clause (i) of this Section 10.5(a), after which the Shareholder shall only be obligated for such aggregate Purchaser Losses in excess of the Deductible. (a) The total aggregate amount of the liability of the Shareholder for Purchaser Losses shall be limited to ten percent (10%) of the Purchase Price (the “Cap”). (b) Neither the Single Claim Amount nor the Deductible shall apply to any Purchaser Losses (i) pursuant to Section 10.1(b), Section 10.1(c), Section 10.1(d), Section 10.1(e) or Section 10.1(f), or (ii) in respect of any fraud claim or any claim related to a breach of Section 4.1, Section 4.2, Section 4.3, Section 4.4, Section 4.14 or Section 4.25. The Cap shall not apply to any Purchaser Losses (i) pursuant to Section 10.1(b), Section 10.1(c), or Section 10.1(d) or (ii) in respect of any fraud claim or any claim related to a breach of Section 4.1, Section 4.2, Section 4.3, Section 4.4, Section 4.14 or Section 4.25. (c) Payments by an Indemnifying Party pursuant to Section 10.1 or Section 10.2 in respect of any Purchaser Loss or Shareholder Loss shall be limited to the amount of any liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other similar payment received by the Indemnified Party (or the Company or any of its Subsidiaries) in respect of any such claim. The Indemnified Party shall use its commercially reasonable efforts to recover under insurance policies or indemnity, contribution or other similar agreements for any Losses before seeking indemnification under this Agreement. (d) In no event shall any Indemnifying Party be liable to any Indemnified Party for any punitive, incidental, exemplary, consequential, special or indirect damages, including loss of future revenue or income, loss of business reputation or opportunity relating to the breach or alleged breach of this Agreement, or diminution of value or any damages based on any type of multiple (except to the extent such types of damages constitute losses to a third party as a result of any claim).

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • Aggregate Limits of Liability The basic coverage limits of liability may be subject to annual aggregate limits. If this is the case the annual aggregate limits of liability must be at least two (2) times the limits required for each policy, or the aggregate may equal the limits required but must apply separately to this Agreement.

  • Coverage Types and Policy Limits The types of coverage and policy limits required from the Contractor are specified in Paragraph B Insurance Requirements below.

  • Risks and Limits of Liability Contractor shall maintain the following insurance coverages in the following amounts: