Aggregate Claim Limit definition

Aggregate Claim Limit. The maximum amount We will pay for all claims during the term of this Agreement is $5,000. • If You Meet or Exceed the Aggregate Limit: We will be responsible for informing You, at the time of the claim, if You have reached the Aggregate Claim Limit. In the event You reach the Aggregate Claim Limit and the Covered Product requires additional repairs, We will provide You with information on how get the Covered Product repaired, however, We will not be responsible for any costs related to these repairs. If You make a claim and the cost to repair or replace Your Covered Product will exceed the remaining balance of Your Aggregate Claim Limit, We will complete the final repair or replacement of Your Covered Product, after which this Agreement will terminate. Upon replacement, there is no longer any obligation for the replaced product under this Agreement. SERVICE COSTS, TRIP CHARGES, BREAKDOWN CHARGES, INSPECTION FEES, DIAGNOSTIC FEES OR ESTIMATE CHARGES FOR REPAIRS NOT COVERED UNDER THIS AGREEMENT ARE YOUR RESPONSIBILITY.
Aggregate Claim Limit. The maximum amount We will pay for all claims made in any twelve (12) month rolling period is $5,000.00. The twelve (12) month rolling period begins on the date of Your first claim. If You reach the $5,000 aggregate claim limit, this Agreement will be cancelled. • If You Meet or Exceed the Aggregate Limit: In the event You reach the aggregate claim limit and the Covered Product requires additional repairs, We may be able to provide You with information on how to get the Covered Product repaired, however, We will not be responsible for any costs related to these repairs. In such an event, Your Agreement will terminate, and no future monthly charges will be due. A covered claim will apply to Your aggregate claim limit for twelve (12) months after the claim is completed, at which point that claim will roll off Your account and that claim, or the associated costs will be added back to Your available aggregate claim limit balance. Upon replacement, there is no longer any obligation for the replaced product under this Agreement. SERVICE COSTS, TRIP CHARGES, BREAKDOWN CHARGES, INSPECTION FEES, DIAGNOSTIC FEES OR ESTIMATE CHARGES FOR REPAIRS NOT COVERED UNDER THIS AGREEMENT ARE YOUR RESPONSIBILITY.
Aggregate Claim Limit. The maximum amount We will pay for all claims made in any twelve (12) month rolling period is $5,000.00. The twelve (12) month rolling period begins on the date of Your first claim. If You reach the $5,000 aggregate claim limit, this Agreement will be cancelled. • If You Meet or Exceed the Aggregate Limit: In the event You reach the aggregate claim limit and the Covered Product requires additional repairs, We may be able to provide You with information on how to get the Covered Product repaired, however, We will not be responsible for any costs related to these repairs. In such an event, Your Agreement will terminate, and no future monthly charges will be due. A covered claim will apply to Your aggregate claim limit for twelve

Examples of Aggregate Claim Limit in a sentence

  • In the aggregate, the total amount We will pay for ALL Claims pursuant to this Service Contract shall not exceed the Aggregate Claim Limit shown on the Confirmation Page.

  • The amount of any payment in lieu of repair or replacement will not exceed the available balance of funds under the Aggregate Claim Limit.

  • Only dead and dying trees would have any elevated potential to fall (above the potential in any regular forest).

  • Shlonsky, 1997).„She has sewn it.‟(2b) Elle lui donne un cadeau she 3S-DAT gives a present„She gives her/him a present.‟ (2c) Donne -lui un cadeau! give -3S a present„Give him/her a present!‟ However, Semitic CLs are attached to almost all lexical categories as in (3) and even to some functional categories as well, as illustrated in (4).

  • Should the sum of the amount paid for all claims reach the Aggregate Claim Limit of Liability in a Contract Term, no further coverage is provided for any Covered Product for the remainder of that Contract Term.

  • The contract is also subject to an Aggregate Claim Limit of Liability as shown on the Confirmation Page.

  • In the event that Purchaser reaches the Aggregate Claim Limit and the Covered Equipment requires additional repairs, EnviCor will provide Purchaser with repair or replacement at EnviCor’s then current rates for service upon mutual written agreement.

  • The relevant stakeholders for this project are key informants at ASML and the CT project team leaders and members.

  • EnviCor will notify Purchaser at the time of any claim if Purchaser has reached the Aggregate Claim Limit.

  • IF YOU RE-ENROLL OR MAKE CHANGES TO YOUR PLAN: If You enroll in a different service plan offered by the Seller for which we are the Obligor, the cost of any Claims made under this Plan will carry forward and apply to the Aggregate Claim Limit of the new Plan.

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