Covered Event. This term means any one storm declared to be a hurricane by the National Hurricane Center which causes insured losses in Florida. A Covered Event begins when a hurricane causes damage in Florida while it is a hurricane and continues throughout any subsequent downgrades in storm status by the National Hurricane Center regardless of whether the hurricane makes landfall. Any storm, including a tropical storm, which does not become a hurricane is not a Covered Event.
Covered Event a single Event covered by at least one United States patent, that is commercialized, either as a standalone single Event product or as a component of a stacked (combined Event) product in the United States, and the Last Sale has not occurred more than 4 years before Patent Expiration of the last United States patent having claims that read on the Event; provided that the Event is not subject to an agreement in existence prior to execution by the Signatory of this Agreement that prevents inclusion of the Event under this Agreement. In-licenses of the gene or genetic elements in the Event or of the Event, out-licenses of the Event and commercial stacks incorporating the Event will not prevent an Event from becoming a Covered Event unless the terms of such licenses or the document permitting such commercial stacking prevent the Proprietary Regulatory Property (PRP) Holder from performing its obligations under this Agreement. If the ownership or control of the PRP or Authorizations is split and some part is owned or controlled by a non-Signatory and no Signatory or combination of Signatories can grant the necessary rights under this Agreement, then the Event is not a Covered Event.
Covered Event. Services provided by Savvy to Client hereunder include management of the diagnosis and repair of mechanical breakdown events that occur when the Aircraft is away from home base (“Covered Events”). However, Services shall not be provided hereunder for:
i. Inspections, oil changes, and other routine, scheduled, preventive maintenance, and other maintenance events not related to mechanical breakdown of the Aircraft;
ii. Events occurring when the aircraft is within 50 statute miles of the Aircraft’s home base(s). For purposes of this provision, any airport at which the Aircraft is parked, hangared or stored for at least 25% of the term of this Agreement shall be deemed to be the Aircraft’s home base;
iii. Events resulting in damage to the Aircraft that is a covered risk under the Client’s aircraft hull insurance policy.
Covered Event. For purposes of this Section 13, the term “Covered Event” shall mean any (i) Condemnation that would reasonably be expected to result in the permanent loss of more than $250,000,000 in the aggregate of the fair market value of the Real Property or (ii) Casualty in which the cost of the repair or restoration of the Real Property, whether or not covered in whole or in part by insurance, would reasonably be expected to equal or exceed $250,000,000 in the aggregate.
Covered Event. A "Covered Event" is any event or occurrence related to ------------- the fact that Indemnitee is or was a director, officer, employee, agent or fiduciary of OSI, or any subsidiary of OSI, or is or was serving at the request of OSI as a director, officer, employee, agent or fiduciary of any other corporation, partnership, joint venture, trust or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in that capacity.
Covered Event. Quarterly Proof of Loss Reports are due by September 30 and quarterly thereafter from an insurer a Company whose lossesLosses exceed, or are expected to exceed, its FHCF Retention for a specific Loss Occurrence(s)
Covered Event. Services provided by Savvy to Client hereunder include management of the diagnosis and repair of mechanical breakdown events that occur when the Aircraft is away from home base (“Covered Events”). However, Services shall not be provided hereunder for:
a. Inspections, oil changes, and other routine, scheduled, preventive maintenance, and other maintenance events not related to mechanical breakdown of the Aircraft;
b. Events occurring when the aircraft is within 50 statute miles of the Aircraft’s home base(s). For purposes of this provision, any airport at which the Aircraft is parked, hangared or stored for at least 25% of the term of this Agreement shall be deemed to be the Aircraft’s home base;
c. Events resulting in damage to the Aircraft that is a covered risk under the Client’s aircraft hull insurance policy.
d. Events occurring prior to 24 hours after the Start Date. Savvy may waive this exclusion at its sole discretion.
Covered Event. This term means any one storm declared to be a hurricane by the National Hurricane Center which causes insured losses in Florida. A Covered Event begins when a hurricane causes damage in Florida while it is a hurricane and continues throughout any subsequent downgrades in storm status by the National Hurricane Center regardless of whether the hurricane makes landfall. Any storm, including a tropical storm, which does not become a hurricane is not a Covered Event. 3 FHCF-2014K (10) Covered Policy or Covered Policies
(a) Covered Policy, as defined in Section 215.555(2)(c), Florida Statutes, is further clarified to mean only that portion of a binder, policy or contract of insurance that insures real or personal property located in the State of Florida to the extent such policy insures a Residential Structure, as defined in definition (27) herein, or the contents of a Residential Structure, located in the State of Florida.
(b) Due to the specialized nature of the definition of Covered Policies, Covered Policies are not limited to only one line of business in the Company's annual statement required to be filed by Section 624.424, Florida Statutes. Instead, Covered Policies are found in several lines of business on the Company's annual statement. Covered Policies will at a minimum be reported in the Company's statutory annual statement as:
1. Fire
2. Allied Lines
3. Farmowners Multiple Peril
4. Homeowners Multiple Peril
5. Commercial Multiple Peril (non liability portion, covering condominiums and apartments)
6. Inland Marine Note that where particular insurance exposures, e.g., mobile homes, are reported on an annual statement is not dispositive of whether or not the exposure is a Covered Policy.
(c) This definition applies only to the first-party property section of a policy pertaining strictly to the structure, its contents, appurtenant structures, or ALE coverage.
(d) Covered Policy also includes any collateral protection insurance policy covering personal residences which protects both the borrower's and the lender's financial interest, in an amount at least equal to the coverage for the dwelling in place under the lapsed homeowner's policy, if such policy can be accurately reported as required in Section 215.555(5), Florida Statutes. A Company will be deemed to be able to accurately report data if the required data, as specified in the Premium Formula adopted in Section 215.555(5), Florida Statutes, is available.
(e) See Article VI of this Contract for spe...
Covered Event. For purposes of this Section, a “Covered Event” means you experience an injury, illness, or other medical condition that reasonably prevents you from performing the Host Services on the schedule described in the Trip, as diagnosed by a licensed medical professional. Written notice must be provided to the Company within 48 hours of diagnosis and be accompanied by documentation from the diagnosing medical professional.
