Amount of Insurance Depends on Base Hourly Rate Sample Clauses

Amount of Insurance Depends on Base Hourly Rate. (a) Amounts of Life, Extra Accident, Sickness and Accident and Extended Disability Benefit Insurance are determined by the base hourly rate on the date the employee becomes insured under the Plan. (b) Base hourly rate, as used in this Article, shall not include overtime or night shift premiums or any Cost-of- Living Allowance. (c) An employee retired prior to January 1, 2017 under The General Motors Canadian Hourly-Rate Employees Pension Plan, other than on disability retirement, prior to age 65 who returns to work prior to age 65 while still insured, shall have insurance determined on the employee’s base hourly rate on the date the employee returns to work, but in no event shall the amount of the employee's Life and Extra Accident Insurance be less than the employee had prior to retirement. (d) An employee retired prior to January 1, 2017 under The General Motors Canadian Hourly-Rate Employees Pension Plan who is reemployed by the Company after age 65 shall have the same Life Insurance as if the employee had not returned to active service. In addition, Extra Accident and Sickness and Accident Insurance shall be reinstated for this period of active service. (e) An employee retired on or after January 1, 2017 under The General Motors Canadian Hourly-Rate Employees Pension Plan, who is reemployed by the Company shall have the same Life Insurance as if the employee had not returned to active service. In addition, Extra Accident and Sickness and Accident Insurance shall be reinstated for this period of active service.
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Related to Amount of Insurance Depends on Base Hourly Rate

  • Amount of Insurance Coverage shall be provided with a limit of not less than $1,000,000.

  • Cost of Insurance The cost of all insurance required herein to be secured and maintained by Engineer shall be borne solely by Engineer, with certificates of insurance evidencing such minimum coverage in force to be filed with County. Such Certificates of Insurance are evidenced as Exhibit F herein entitled “Certificates of Insurance.”

  • Minimum scope of coverage Commercial general coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001 (ed. 11/88) or Insurance Services Office form number GL 0002 (ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability. Automobile coverage shall be at least as broad as Insurance Services Office Automobile Liability form CA 0001 (ed. 12/90) Code 1 (“any auto”). No endorsement shall be attached limiting the coverage.

  • Minimum Scope of Insurance Coverage shall be at least as broad as the latest version of the following: (1)

  • Period of Insurance Period of insurance means the period shown as such on the e-certificate and validation card, which time is taken as Greenwich Mean Time unless otherwise stated.

  • Minimum Scope and Limits of Insurance Contractor shall provide coverage with limits of liability not less than those stated below.

  • Insurance Report As soon as practicable and in any event by the last day of each Fiscal Year, a report in form and substance satisfactory to Administrative Agent outlining all material insurance coverage maintained as of the date of such report by Holdings and its Subsidiaries and all material insurance coverage planned to be maintained by Holdings and its Subsidiaries in the immediately succeeding Fiscal Year;

  • Xxxx Xxxxx Insurance (a) If an Employee is in receipt of an Incolink benefit and suffers a disability for a period of more than 14 days, they will have access to a benefit under a policy procured by Incolink to reimburse domestic bills which the worker receives and pays during their disablement. (b) This policy will reimburse up to $300 per bill up to a maximum of $6,000 for all bills for any one period of disablement. (c) The Employer will pay a contribution on behalf of each Employee of $1.50 per week per Employee in accordance with the relevant Incolink trust deed or other governing documents.

  • Minimum Limits of Insurance Consultant shall maintain limits no less than: (1) General Liability: $1,000,000 per occurrence for bodily injury, personal injury, advertising injury and property damage. If Commercial General Liability Insurance or other form with general aggregate limit is used including, but not limited to, form CG 2503, either the general aggregate limit shall apply separately to this Agreement/location or the general aggregate limit shall be twice the required occurrence limit; (2)

  • Certificate of Insurer – Insurance Coverage Concurrently with any delivery of financial statements under Section 8.01(a), a certificate of insurance coverage from each insurer with respect to the insurance required by Section 8.07, in form and substance satisfactory to the Administrative Agent, and, if requested by the Administrative Agent or any Lender, all copies of the applicable policies.