Maximum Liability Limit definition
Examples of Maximum Liability Limit in a sentence
The Customer also agrees to indemnify the Company for any claims by a third party relating to or for the Loss of the Bullion (including legal fees), that is in excess of the Maximum Liability Limit.
The Customer agrees that the liability of the Company, while the Bullion is being stored under the responsibility of the Company, shall not exceed the Maximum Liability Limit under any circumstances.
For any one Shipment, the lesser of the applicable Maximum Liability Limit and four times the Destination Limit.
To the extent that the total amount of expenses incurred by LANXESS or a company affiliated with it for fulfillment of Antitrust Claims arising out of or in connection with Antitrust Proceedings exceeds the Maximum Liability Limit, BAG shall be fully liable for this part of the Antitrust Claims and shall reimburse LANXESS for all expenses incurred by it and companies affiliated with it as necessary to fulfill the Antitrust Claims to the extent the expenses exceed the Maximum Liability Limit.
Maximum Liability Limit: has the meaning given in clause 12.4. MIP: has the meaning given to it in the Shareholders' Agreement.
The duty of LANXESS to assume external cost of conducting Antitrust Proceedings is not limited to a maximum amount and shall not be included in the Maximum Liability Limit set out in § 8.2.