Insured Injury or Illness Sample Clauses

Insured Injury or Illness. When a Team agrees to insure, in whole or in part, the Cash Compensation provided for by a Uniform Player Contract in the event such Contract is terminated by the Team, pursuant to paragraphs 7(c), 16(b) and/or 16(c) thereof, by reason of the player’s disability or unfitness to play skilled basketball resulting from an insured injury or illness, such agreement shall mean that, subject to any conditions or limitations set forth in Exhibit 2 and/or Exhibit 3 to the Uniform Player Contract (in addition to the conditions and limitations set forth in this Section 4(f)), the Team has procured (or will procure forthwith) an insurance policy (specifically designated in Exhibit 2 to such Contract) for the benefit of the player or his estate or beneficiary that, subject to the conditions and limitations contained in the policy, would pay a benefit in the event of the player’s disability or unfitness to play skilled basketball resulting from an injury or illness in an amount equal to or less than the Cash Compensation remaining to be paid to the player under Exhibit 1 of his Player Contract at the time of his termination; provided, however, that (i) such injury or illness does not result from the player’s participation in activities prohibited by paragraph 12 of the Uniform Player Contract (as such paragraph may be modified by Exhibit 5 to the Player Contract), attempted suicide, the abuse of alcohol, or the use of any controlled substance; and (ii) at the time of the player’s termination, the player is not in material breach of such Contract.