Single Policy Sample Clauses

Single Policy. Eight percent (8%) of the premium rate of whichever health insurance plan is selected by the employee.
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Single Policy. Notwithstanding anything to the contrary contained in this Article 7, any insurance coverage required to be provided by Landlord under this Article 7 may be provided by Tenant on behalf of Landlord under a single policy, and any insurance required to be provided by Tenant under this Article 7 may be provided by Landlord on behalf of Tenant under a single policy, provided that (i) any such coverage shall otherwise comply with the foregoing provisions of this Article 7, including with respect to the naming of loss payees, named insureds and additional insureds, (ii) in the result of an insured claim, any such coverage shall result in the same allocation of proceeds as would have been made had the policies been maintained separately, and (iii) notwithstanding the fact that one party may maintain insurance coverage for the benefit of the other party, the cost of insurance under this Article 7 shall be allocated such that each party shall pay for its respective share of such insurance.
Single Policy. Effective July 1, 2016, the School District shall contribute five hundred forty and 00/100 dollars ($540.00) per month premium of the current Comprehensive Major Medical (CMM) Plan (or its equivalent) for single coverage for all teachers who qualify for and are enrolled in the School District group health and hospitalization plan. The School District shall contribute a pro-rata amount for part-time teachers. For any teacher who participates in the single coverage of the Comprehensive Major Medical (CMM) Plan (or its equivalent) the School District will contribute one hundred twelve and 00/100 dollars ($112.00) per month and a pro-rata portion of that amount for part-time teachers to a Section 105/HRA Plan. The School District contribution toward the single Double Gold Plan (or its equivalent) will be five hundred sixty-two and 00/100 dollars ($562.00) per month and a pro-rata portion of that amount for part-time teachers.
Single Policy. This Policy is a single contract of insurance and if more than one Insured is covered this Policy shall nevertheless be, and remain, a single contract of insurance for the benefit of all Insureds as joint Insureds and, accordingly, without limitation: (i) the Policyholder shall act for itself and for all Insureds for all purposes under this Policy, including but not limited to the giving and receiving of notice, the giving of notice of Loss, the payment of premiums that may become due and the receipt and acceptance of any endorsements issued to form a part of this Policy; (ii) payment of any Loss under this Policy to the Policyholder shall fully release the Insurer with respect to such Loss; (iii) if there is more than one Insured under this Policy and any such entity other than the Policyholder ceases for any reason to be covered by this Policy, then the remaining Insureds shall continue to be Insureds for all purposes under this Policy; (iv) knowledge possessed or Discovery made by any director, partner, officer, trustee, departmental director, senior manager or equivalent thereof of any Insured shall for all purposes constitute knowledge possessed or Discovery made by every Insured; (v) the Insurer’s liability for Loss sustained by any or all of the Insureds shall not exceed the amount for which the Insurer would be liable had all such Loss been sustained by any one of the Insureds; (vi) in calculating Loss covered by this Policy, where another Insured receives a benefit corresponding or relating to such Loss, that benefit will be set off against the value of such Loss.

Related to Single Policy

  • Insurance Policies Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a "General Policyholders Rating" of at least B+, V, as set forth in the most current issue of "Best's Insurance Guide", or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything which invalidates the required insurance policies. Lessee shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. No such policy shall be cancelable or subject to modification except after thirty (30) days prior written notice to Lessor. Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with evidence of renewals or "insurance binders" evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one year, or the length of the remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance required to be carried by it, the other Party may, but shall not be required to, procure and maintain the same.

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