Maximum Liability Amount definition
Examples of Maximum Liability Amount in a sentence
The Maximum Liability Amount that applies to the Loss shall include the referenced $25,000.
If CUSTOMER declines Excess Liability Coverage, liabilities covered under this Agreement are limited to the Maximum Liability Amount.
If the JBE’s Participating Addendum indicates a Maximum Liability Amount greater than $200,000 per day, Contractor will invoice an additional charge of $0.50 per $1,000 excess liability.
Subject to the terms, conditions, and limitations of this Agreement, XLIB agrees to indemnify XLFA on an aggregate excess of loss basis for Aggregate Adverse Development up to the Maximum Liability Amount on the Subject Business (as each such term is defined in Article V).
LOOMIS reserves the right to refuse tender of any shipment in excess of the Maximum Liability Amount.