Calculation of Years of Coverage Sample Clauses

Calculation of Years of Coverage. For each Participating Class Member, Blue Cross will calculate the number of years that the Participating Class Member purchased a fully insured contract during the Class Period. The years do not need to be consecutive. A consecutive twelve-month period cannot count toward more than one year. For example, if several subgroups have been combined into a single entity for purposes of Distribution Eligibility, as described in Paragraph 20(A), above, then the Participating Class Member cannot claim the same calendar year as counting toward more than one year of purchase. For purposes of weighting the calculation of distribution, Participating Class Members will be placed into one of three categories: (a) those Participating Class Members that have contracted with Blue Cross for at least one full day but less than one year, as of the Eligibility Date; (b) those Participating Class Members that have contracted with Blue Cross for one year but less than three years, as of the Eligibility Date; and (c) those Participating Class Members that have contracted with Blue Cross for three or more years, as of the Eligibility Date. Groups that have contracted with Blue Cross for one year but less than three years, will receive four times more than groups of the same size category that contracted with Blue Cross for at least one full day but less than one year, but subject to the maximum distribution provision in subparagraph G, below. Groups that have contracted with Blue Cross for three or more years will receive nine times more than groups of the same size category that contracted with Blue Cross for at least one full day but less than one year, but subject to the maximum distribution provision in subparagraph G, below. See Exh. 1.
AutoNDA by SimpleDocs

Related to Calculation of Years of Coverage

  • Hours of Coverage The TAM Service is offered during local Red Hat Support Standard Business Hours as set forth at xxxxx://xxxxxx.xxxxxx.xxx/support/contact/technicalSupport.html (based on the physical location of the TAM representative).

  • Termination of Coverage This Contract may be terminated as follows:

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year

  • Special Coverages Tenant shall carry “Builder’s All Risk” insurance in an amount approved by Landlord covering the construction of the Tenant Improvements, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Tenant pursuant to the Lease immediately upon completion thereof. Such insurance shall be in amounts and shall include such extended coverage endorsements as may be reasonably required by Landlord, and in form and with companies as are required to be carried by Tenant as set forth in the Lease.

  • Effective Date of Coverage An eligible employee is entitled to benefits provided he is actively at work on the first day the Long Term Disability Benefit Plan becomes effective. An eligible employee absent from work due to sickness or accident at the effective date of the Plan, shall only be eligible for Long Term Disability Plan benefits upon the return to continuous active full-time employment for a period of more than four consecutive weeks. The Company shall have the right to give medical examinations to employees returning from such lay-off to determine their eligibility under the Plan.

  • Dual Coverage No City employee or eligible dependent may be insured under more than one City medical, dental, or vision insurance plan. Employees whose spouses/domestic partners/children up to age 26 are eligible for medical insurance benefits through the City will share the costs of insurance as follows: 6.4.1 Employees Choosing the Same Plan – One spouse/domestic partner will be placed on the other’s medical, dental, or vision insurance, and the primary spouse/domestic partner will pay the appropriate premium cost for family coverage.

  • Duration of Coverage Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the work hereunder by Xxxxxxxxxx, his/her agents, representatives, employees, or subconsultants.

  • Interest Coverage The Company will not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Interest Expense (in each case for the Company’s then most recently completed four fiscal quarters) to be less than 2.50 to 1.00 at any time.

  • Payment of Earnings The Borrower undertakes with each Creditor Party to ensure that throughout the Security Period (subject only to provisions of the relevant General Assignment), all the Earnings of each Ship are paid to the Earnings Account for that Ship.

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!