Maximum Liability Amount definition

Maximum Liability Amount has the meaning set forth in Section 8.2.
Maximum Liability Amount shall have the meaning set forth in Section 17.2.
Maximum Liability Amount means $1.00 less than the amount of ------------------------ the lowest claim on this Guaranty which would render it void or voidable under any Debtor Relief Law as against Guarantor.

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.


More Definitions of Maximum Liability Amount

Maximum Liability Amount means the aggregate of the amounts at a given time calculated as follows:
Maximum Liability Amount means $300,000,000.
Maximum Liability Amount means the total liability assumed by ▇▇▇▇▇’▇ for Loss of a Shipment, as specified in this Agreement.
Maximum Liability Amount has the meaning set forth in Article 32.
Maximum Liability Amount means US$ 2,450,000;
Maximum Liability Amount means $20,000,000.00.
Maximum Liability Amount shall initially equal the First Liability Amount. The "First Liability Amount" shall mean an amount equal to the sum of (i) the product of the number of Siblings Escrow Shares multiplied by the Parent Share Deemed Value (as defined below), plus (ii) the Siblings Escrow Cash, plus (iii) the JL Escrow Cash, plus (iv) 20% of the JL Deferred Cash. The "Parent Share Deemed Value" shall mean the last reported sale price of the Parent Common Stock at the most recent close of daily trading prior to the Closing as reported by the Nasdaq Stock Market.