Maximum Coverage Sample Clauses

Maximum Coverage. It is contemplated that all of the aforementioned insurance benefits and plans will be coordinated and construed to the extent possible under the terms and conditions.of each policy so as to afford the employees in the bargaining unit the maximum coverage obtainable under any available combination or application of said benefits and plans, and any insurance carrier may be substituted for any named herein, providing the coverage is comparable.
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Maximum Coverage. Notwithstanding anything in this Agreement to the contrary, the maximum aggregate liability of the Seller for indemnification under this Article 9 shall not exceed the Indemnity Escrow Amount and the then remaining balance of the Indemnity Escrow shall be the sole source of recovery for any claim by the Buyer Indemnitees hereunder; provided, notwithstanding the foregoing, the maximum aggregate liability of the Seller for indemnification with respect to Company Fundamental Representations or claims for Fraud shall not exceed $49,000,000.
Maximum Coverage. Regular part-time seniority employees may draw sick pay of up to forty hours per calendar year, or a lesser pro rata amount for employees hired during the year. This sick bank shall be at the higher level of sixty hours for regular part-time employees with more than five years of seniority. These hours do not accumulate from year to year. The Employer reserves the right to require medical verification of the need to be absent as a condition of payment and to disallow sick pay where an employee demonstrates any type of pattern of Saturday or Sunday absences. No sick pay will be payable during a period of pregnancy leave or if an employee is in receipt of any form of sick pay or indemnity from any other employer for the same day. ARTICLE
Maximum Coverage. The current maximum reimbursement amount of $1,200 per employee shall be increased by $100 per year through the term of the agreement to a new maximum of $2,000. The current maximum reimbursement amount of $1,200 per employee shall be increased by $100 per year through the term of the agreement to a new maximum of $2,000. The reimbursement amount of $670 per dependent shall be increased by $55 per year through the term of the agreement to a new maximum of $1,100. Effective July 1, 2005, the employee rollover provision of $400 shall decline by $100 per year until the new maximum reimbursement amount of $2,000 is reached. Effective July 1, 2005, the amount of the unused employee balance that can be applied to the outstanding dependent balance shall increase to $530 per fiscal year.
Maximum Coverage. The maximum open/fair market aggregate value of the repairs Seller must provide or pay for with respect to any single Covered Failure during the Warranty Term is the wholesale value of the Vehicle (per the regional N.A.D.A. Guide for the month of the claim) or $3,000.00, whichever is less. Seller’s aggregate obligation for covered warranty claims under this limited warranty (under any terms or combination of terms) shall not exceed $15,000.00 fair market value (before all deductibles are applied). What is Not Covered: The following are not covered under the terms of this limited warranty: • Failures Caused (In Whole or in Part) by Lack of Preventive Maintenance, Checks and Services (PMCS): Any otherwise covered failure that is caused (in whole or in part) by Buyer’s failure to properly and/or timely perform PMCS that is recommended or required by the manufacturer. • Aftermarket Equipment/Item: Any failure of an otherwise covered item where the failed item is an aftermarket or “custom” item that was not installed by the manufacturer or manufacturer’s factory authorized dealer at time Vehicle was “new” and for which the Seller’s records do not show to have been installed on the Vehicle at time of Seller’s sale to Buyer. • Noises: “Rattles,” squeaks, wind noises, and any other noises/annoyances attributable to an otherwise covered item. What is Not Covered (continued from page 1): • Miscellaneous Items and Circumstances: o Any otherwise covered failure that is the subject of the Vehicle manufacturer’s warranty, manufacturer’s recall program, or the subject of manufacturer’s Technical Service Bulletin. o Failures caused (in whole or in part) by the failure of a non-warranted item, part, or system. o Failures caused (in whole or in part) by Xxxxx’s lack of proper maintenance (as reasonably determined by Seller), including lack of appropriate fluid levels. o Failures caused (in whole or in part) by continued operation of the Vehicle after the occurrence of a mechanical breakdown or warning light/gauge notice. o Failures caused (in whole or in part) by a faulty repair made post sale which was not made by Seller (or Seller’s agent/subcontractor). o Failures caused by post sale accident, collision, theft, tampering, misuse, abuse, negligence, vandalism, weather, improper or contaminated fuel, or so called “acts of God.” o Failures caused by road hazards/road debris. o Repairs for otherwise Covered Failures that are made by third parties without advance written appr...

Related to Maximum Coverage

  • Cash Flow Coverage The Borrower shall maintain at all times a Cash Flow Coverage of not less than one hundred twenty five percent (125%), calculated at the end of each fiscal quarter (using a rolling four quarters of Net Income).

  • Minimum Interest Coverage The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense as at any fiscal quarter end for the four fiscal quarters then ending to be less than 3.00 to 1.0.

  • Continuing Coverage If a letter of assurance is obtained from any insurer under a Hazard Insurance policy or a Flood Insurance policy that the insurance coverage shall continue in full force and effect, the Servicer shall deposit such letter in the appropriate Servicer Mortgage Loan File.

  • Excess Liability Insurance $___________________ minimum required insurance policy for anything other than General Liability or Automobile coverage. ☐ - Additional Insurance Requirement: Client, Contractor, and any other entity which the Contractor is required to name as an additional insured under the Prime Contract shall be named as additional insureds under the General Liability Insurance required by this Section and any such insurance afforded to the additional insureds shall apply as primary insurance. Any other insurance maintained by the Client or Contractor shall be excess insurance and shall not be called upon to contribute to Subcontractor’s primary or excess insurance carrier’s duty to defend or indemnify unless required by law. The excess insurance required above shall also afford additional insured protection to Client and Contractor. This Section shall in no event be construed to require that additional insured insurance coverage be provided to a greater extent than permitted under the statutes or public policy governed under State law. Certificates of Insurance. Certificates of insurance, and the required additional insured and other endorsements, including waivers of subrogation shall be furnished to Contractor before the performance of any Services.

  • Required Coverage Commercial General Liability - The Vendor/Contractor shall maintain coverage issued on the most recent version of the ISO form as filed for use in Florida or its equivalent, with a limit of liability of not less than $1,000,000 per occurrence. Vendor/Contractor further agrees coverage shall not contain any endorsement(s) excluding or limiting Product/Completed Operations, Contractual Liability, or Separation of Insureds. The General Aggregate limit shall either apply separately to this contract or shall be at least twice the required occurrence limit. Required Endorsements: Additional Insured- CG 20 26 or CG 20 10/CG 20 37 or their equivalents. Note: CG 20 10 must be accompanied by CG 20 37 to include products/completed operations Waiver of Transfer of Rights of Recovery- CG 24 04 or its equivalent. Note: If blanket endorsements are being submitted please include the entire endorsement and the applicable policy number. Business Automobile Liability - The Vendor/Contractor shall maintain coverage for all owned; non-owned and hired vehicles issued on the most recent version of the ISO form as filed for use in Florida or its equivalent, with limits of not less than $500,000 (five hundred thousand dollars) per accident. In the event the Vendor/Contractor does not own automobiles the Vendor/Contractor shall maintain coverage for hired and non-owned auto liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Business Auto Liability policy.

  • Coverage i) It is expected that both job sharers will cover each other's incidental illnesses. If, because of unavoidable circumstances, one cannot cover the other, the unit supervisor must be notified to book coverage. Job sharers are not required to cover for their partner in the case of prolonged or extended absences.

  • Interest Coverage As of the end of any fiscal quarter, the Borrowers will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense for the four (4) consecutive fiscal quarters then ending to be less than 4.25:1.

  • Required Coverages Without in any way limiting Contractor’s liability pursuant to the “Indemnification” section of this Agreement, Contractor must maintain in force, during the full term of the Agreement, insurance in the following amounts and coverages:

  • Medical Coverage The Executive shall be entitled to such continuation of health care coverage as is required under, and in accordance with, applicable law or otherwise provided in accordance with the Company’s policies. The Executive shall be notified in writing of the Executive’s rights to continue such coverage after the termination of the Executive’s employment pursuant to this Section 3(d)(iv), provided that the Executive timely complies with the conditions to continue such coverage. The Executive understands and acknowledges that the Executive is responsible to make all payments required for any such continued health care coverage that the Executive may choose to receive.

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