Policy Limits Sample Clauses

Policy Limits. Required limits may be satisfied by a combination of primary and umbrella or excess liability policies. Engineer agrees to endorse City and its agents, officers, officials, and employees as an additional insured, unless the Certificate states the Umbrella or Excess Liability provides coverage on a pure “True Follow Form” basis.

Policy Limits. There is a maximum aggregate lifetime benefit per Account Holder of $60,000 for all TD Credit Cards of the Account Holder. The Account Holder will be entitled to receive no more than the full Purchase Price of the Insured Item as recorded on the Account receipt or Account statement. Claims for items belonging to a pair or set will be paid for at the Purchase Price of the pair or set provided the parts of the pair or set are unusable individually and cannot be replaced individually. The Administrator, at its sole option, may elect to: (a) Repair, rebuild or replace the item lost or damaged (whether wholly or in part), upon notifying the Account Holder of its intention to do so within forty-five (45) days following receipt of the required Loss Report; or (b) Pay cash for said item, not exceeding the full Purchase Price thereof paid using the Account and subject to the exclusions, terms and limits of liability as stated in this Certificate.

Policy Limits. There is a maximum aggregate lifetime benefit per Account Holder of $60,000 for all TD Credit Cards of the Account Holder. The Account Holder will be entitled to receive no more than the full Purchase Price of the protected Item as recorded on the Account receipt or Account statement. Claims for items belonging to a pair or set will be paid for at the Purchase Price of the pair or set provided the parts of the pair or set are unusable individually and cannot be replaced individually. Subject to the exclusions, terms and limits of liability as stated in this Certificate, the Administrator, at its sole option, may elect to: (a) Repair, rebuild or replace the item lost or damaged (whether wholly or in part), upon notifying the Account Holder of its intention to do so within forty-five (45) days following receipt of the required Loss Report; or (b) Pay cash for said item, not exceeding the full Purchase Price thereof paid using the Account.

Policy Limits. Regardless of the number of persons or entities insured or included in Part I. E. Covered Persons and Entities, or the number of claimants or Claims made against the Insured: 1. The maximum liability of the Company for Damages and Claim Expenses resulting from each Claim first made against the Insured during the Policy Period and the Extended Reporting Period, if purchased, shall not exceed the amount shown in the Declarations as each Claim; 2. The maximum liability of the Company for all Damages and Claim Expenses as a result of all Claims first made against the Insured during the Policy Period and the Extended Reporting Period, if purchased, shall not exceed the amount shown in the Declarations as Aggregate. The Company shall not be obligated to pay any Claim for Damages or defend any Claim after the applicable Limit of Liability has been exhausted by payment of judgments, settlements, Claim Expenses or any combination thereof. Claim Expenses are part of and not in addition to the applicable Limits of Liability. Payment of Claim Expenses by the Company reduces the applicable Limits of Liability. The inclusion of more than one Insured, or the making of Claims by more than one person or organization, does not increase the Company’s Limit of Liability. In the event two or more Claims arise out of a single negligent act, error or omission, or a series of related negligent acts, errors or omissions, all such Claims shall be treated as a single Claim. Whenever made, all such Claims shall be considered first made and reported to the Company during the Policy Period in which the earliest Claim arising out of such negligent act, error or omission was first made and reported to the Company, and all such Claims shall be subject to the same Limit of Liability.

Policy Limits. Most Sections of your Policy have limits on the amount we will pay under that Section. Some Sections also have specific inner limits: for example, for Baggage. Please check your Policy to ensure that the cover is adequate for your needs. These claims are settled based on the value of the property at the time of the loss and not the cost of buying new items. Your Policy details the claims procedure that must be followed for a claim to be accepted, in particular the requirement to obtain Police reports within 24 hours. You must take all reasonable care to protect yourself and your property as if you were not insured.

Policy Limits. Any Energy Covered Person, Industrial Covered Person or Shipbuilding Covered Person entitled hereunder to make or pursue a claim for insurance coverage under a Claims-Made Policy may claim for such insurance as and to the extent that such insurance is available up to the full extent of the applicable limits of liability under such Claims-Made Policy. Notwithstanding the foregoing, each of Tenneco, Industrial Company and Shipbuilding Company shall, to the extent any of its respective Covered Persons shall have exhausted all or any portion of the limits of liability, if any, under any Claims-Made Policy, use its best efforts to either (i) obtain and comply in full with the conditions required to effect the reinstatement of the full limits of liability under such Claims-Made Policy for all claims which would be covered thereby absent such exhaustion (including any pending or known claims) and be responsible for and pay all costs and expenses, including the amount of any resultant increase in the premium charged in respect of such Claims-Made Policy or any renewal thereof, in connection therewith, or (ii) obtain and maintain in full force and effect at its own cost a Policy in replacement of the limits of liability exhausted under such Claims-Made Policy for all claims which would be covered thereby absent such exhaustion (including any pending or known claims), and be responsible for and pay all costs and expenses in connection therewith, which Policy shall provide at least the same coverage, and contain terms and provisions which are no less favorable to the insured parties, as existed under the Claims-Made Policy in respect of which such replacement is obtained, provided, however, that no party hereto shall be required to expend more than an amount equal to 350% of the original premium paid with respect to the portion of the limits of liability under such Claims-Made Policy (determined on a pro rata basis) exhausted by such party's respective Covered Persons to obtain reinstatement or a replacement Policy as contemplated hereby, it being understood that each party hereto shall nonetheless be required to obtain the maximum amount of reinstatement or replacement coverage available for such 350% premium amount in accordance with the terms and provisions of clauses (i) or (ii) hereof, as applicable. If at any time an Impairing Party becomes aware (such party being deemed to be aware whenever any of the directors or executive officers of such party or any other ...

Policy Limits. The insurance coverage and limits required of the Engineer under this Contract are designed to meet the minimum requirements of the City and its participating trusts. Such coverage and limits are not designed as a recommended insurance program for the Engineer. The Engineer alone shall be responsible for the sufficiency of its own insurance program. Should the Engineer have any question concerning its exposures to loss under this Contract or the possible insurance coverage needed therefore, the Engineer should seek professional assistance. Except for professional liability insurance, all policies shall be in the form of an “occurrence” insurance coverage or policy. If any insurance is written in a “claims-made” form, the Engineer shall also provide tail coverage that extends a minimum of two year from the expiration of this Contract. The minimum aggregate limits of such insurance policies and continuing coverage shall be:

Policy Limits. Required limits may be satisfied by a combination of primary and umbrella or excess liability policies. Recipient agrees to endorse City of Xxxxx and its agents, officers, officials, and employees as an additional insured, unless the Certificate states the Umbrella or Excess Liability provides coverage on a pure “True Follow Form” basis.

Policy Limits. There is a maximum aggregate lifetime benefit per Account Holder of $60,000 for all TD Credit Cards of the Account Holder. The Account Holder will be entitled to receive no more than the full Purchase Price of the Insured Item as recorded on the Account receipt or Account statement. Claims for items belonging to a pair or set will be paid for at the Purchase Price of the pair or set provided the parts of the pair or set are unusable individually and cannot be replaced individually. Subject to the exclusions, terms and limits of liability as stated in this Certificate, the Administrator, at its sole option, may elect to:

Policy Limits. Tenant’s insurance required under this Section 7 shall be written for not less than the following limits of liability (collectively the “Policy Limits”): A. Worker’s Compensation Insurance As Required by the Laws of the State of California B. Commercial General Liability Insurance* 1. Each Occurrence $1,000,000.00 2. General Aggregate $5,000,000.00 3. Products and Completed Operations Aggregate $5,000,000.00 4. Personal Injury $1,000,000.00 5. Fire Damage Legal -Per Fire $100,000.00 * Note: May Be Covered By Not Less Than $500,000.00 of Direct Coverage and the Balance Through Excess Liability or Umbrella Coverage Satisfactory to Landlord C. Automobile Liability Insurance $1,000,000.00** Bodily Injury and Property Damage - Per Accident. ** Note: May Be Covered By Not Less Than $200,000.00 of Direct Coverage and the Balance Through Excess Liability or Umbrella Coverage Reasonably Satisfactory to Landlord. D. Property Insurance In an amount equal to the full insurable replacement value of the System and other fixtures, improvements and structures of Tenant in, on or under the Premises, and also Tenant’s business and personal property located on the Premises. Use of actual cash value valuations for insurance purposes on Landlord’s property is prohibited unless expressly approved in advance by Landlord. Any deductible or self-insured retention as respects the above coverages shall be disclosed to Landlord. The cost and expense of any claim payment falling within the deductible shall be the sole and exclusive responsibility of Tenant.