Additional Liability definition

Additional Liability means in relation to a Liability, any liability which arises or is incurred as a result of or in connection with:
View Source
Additional Liability means the percentage increase, the insurance premium, or the additional amount in respect of provision made by a membership organisation, as the case may be;
View Source
Additional Liability means an amount that, when added to the amount on deposit, will provide the remaining portion of the pension reserve for the period of service that corresponds to the contributions made by or on behalf of a member.
View Source

Examples of Additional Liability in a sentence

  • In the event that a University department or division is the sole User pursuant to this Agreement, then the provisions as to Insurance, Indemnification, and Additional Liability of User shall not apply.

  • Lessee is required to carry bonding for the Additional Liability in the amount determined by regulatory authorities for each area to be bonded.

  • Benefit Payments, as referred to in this Agreement, means the Quota Share of the sum of (i) Claims, as described in ▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇, (▇▇) Cash Surrender Values and cancellation proceeds, as described in ▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇, (▇▇▇) Partial Withdrawals, as described in ▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇, (▇▇) Annuity Payments, as described in Paragraph 6 below, and (v) Additional Liability, as described in Paragraph 7 below.

  • Liability for your share of any loss assessments charged against all members of an association, corporation or community of property owners, except as provided under Additional Liability Coverages, 4.

  • In the event that a UA department or division is the User pursuant to this Agreement, then the provisions as to Insurance (¶ 7), Indemnity (¶ 16), and Additional Liability of User (¶ 17) shall not apply.

  • Lessee will be responsible for the reclamation of all added construction and infrastructure, and will maintain bonds with the appropriate agencies in an amount adequate to cover the entire cost of such Additional Liability reclamation.

  • The Parties agree that either Party may terminate the Agreement for convenience, if the Liability Cap or Additional Liability Cap becomes exhausted by the Customer successfully bringing claims against DataTools (which are determined by a Court, or agreed between the Parties, as owing) for at least the total amount of the Liability Cap or the Additional Liability Cap.

  • In the event that a UA department or division is the user pursuant to this Agreement, then the provisions as to Insurance (¶ 6), Indemnity (¶ 13), and Additional Liability (¶ 14) shall not apply.

  • In the event that a University department or division is the User pursuant to this Agreement, then the provisions as to Indemnity (Section 16) and Additional Liability of User (Section 17) shall not apply.

  • Also known as SLI (Supplemental Liability Insurance), ALI (Additional Liability Insurance), and LIS (Liability Insurance Supplement).


More Definitions of Additional Liability

Additional Liability means, with respect to any taxable year, an amount equal to 80% of any Tax Savings realized by a Subgroup for such year. 1.2 Affiliated Group means an "affiliated group" as defined in Section 1504(a) of the Code. 1.3 Code means the Internal Revenue Code of 1954, as amended and in effect from time to time and any law which may be a successor thereto. A reference to any section of the Code means such section as in effect from time to time and any comparable provision of any successor law. 1.4 Combined Group means any Affiliated Group in which Lane is the common parent corporation and GBC is an includible corporation.
View Source
Additional Liability means, except as otherwise provided herein, with respect to any taxable year, an amount equal to 80% of any Tax Savings realized by a Group for such year. 1.2 Affiliated Group means an "affiliated group" as defined in Section 1504(a) of the Code.1 1.3 Code means the Internal Revenue Code of 1954, as amended and in effect from time to time and any law which may be a successor thereto. A reference to any section of the Code means such section as in effect from time to time and any comparable provision of any successor law. 1.4 Combined Group means the combination of the members of the GBC Group and the Lane Group included in any Unitary Return.
View Source

Related to Additional Liability

  • Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • General Liability means any and all liability which may be insured under the laws of the State of New Jersey, excluding workers’ compensation, and employer’s liability. The exact definition of a “general liability” or similar terms is the definition used in the insurance policy issued by the Commission.