Aggregate Liability means all liability, whether such liability arises from one or more claims, events, circumstances, acts, representations, defaults or omissions and whether such liability is owed by or to more than one party to which this clause applies.

Nov 16, 2008 · The aggregate product liability limit is the maximum payout an insurance company will make during the life or term of an insurance product. It is one of the six different limits listed in a...

Aggregate Liability Cap means, in relation to each Contract Year, an amount calculated in accordance with the following formula:where:ALC is the aggregate liability cap in relation to the relevant Contract Year;LC is the Liability Cap under this contract in relation to the relevant Contract Year; andCCLC means:for the purposes of determining in accordance with paragraph …

The second most important limit on the policy or certificate is the General Aggregate, a general liability policy that will typically be two times the occurrence limit, or in this example, $2,000,000. The General Aggregate is the most the policy will pay for ALL claims during any one policy term, usually 12 months.

Definition Aggregate Limit of Liability — an insurance contract provision limiting the maximum liability of an insurer for a series of losses in a given time period—for example, a year or for the entire period of the contract. Sometimes called "annual aggregate limit." Links for IRMI Online Subscribers Only: CLI V.I; RF I.B

The aggregate limit of liability is the maximum total amount your insurer will pay out for all such claims over the course of your policy term. It is a cumulative total, combining the sum of all payouts for all individual claims. Think of it as the ceiling on coverage you can get over the duration of your policy term.

Maximum Aggregate Issuer Liability has the meaning set forth in clause (j) of Section 9.1.1.3. Sample 1 Based on 1 documents Remove Advertising Maximum Aggregate Issuer Liability means $40,000,000, plus any increases in accordance with Section 2.24. Aggregate Amount Aggregate Excess Funding Amount Revolving Credit Aggregate Commitment

A separate clause provided that the "aggregate liability of the Contractor under or in connection with the Contract (whether or not as a result of the Contractor's negligence and whether in contract, tort, or otherwise at law) ... shall not exceed 20% (twenty per cent) of the sum of the Contract Price".