Air Bag definition

Air Bag means an unaltered factory-installed supplemental restraint system designed to inflate upon impact to protect a person from bodily Injury during an accident.

Air Bag means an Automobile safety device consisting of a bag designed to inflate automatically especially in front of an occupant in case of collision. We will pay an Air Bag Benefit for an Insured Person if:

Air Bag means a device which cradles the body and which uses an air release breather system to dissipate the energy due to a fall, thereby allowing the person to land without an abrupt stop or bounce.

Examples of Air Bag in a sentence

• If the Underlying Stock rises by 15% or more (“Air Bag Trigger Price”) during the trading day (which represents approximately 75% loss after a 5 times inverse leverage), the Air Bag Mechanism is triggered and the Leverage Inverse Strategy is adjusted intra-day.

• Trading of Certificates is suspended for at least 30 minutes after the Air Bag is triggered.

• If the Underlying Stock falls by 15% or more (“Air Bag Trigger Price”) during the trading day (which represents approximately 75% loss after a 5 times leverage), the Air Bag Mechanism is triggered and the Leverage Strategy is adjusted intra- day.

• Air Bag Mechanism: The “Air Bag Mechanism” refers to the mechanism built in theLeverage Inverse Strategy and which is designed to reduce the Leverage Inverse Strategy exposure to the Underlying Stock during extreme market conditions.

• Air Bag Benefit: The amount of the Air Bag Benefit is the lesser of (1) $5,000; or (2) the amount of AD&D Insurance Benefit payable for Loss of your life.

More Definitions of Air Bag

Air Bag means a motor vehicle inflatable occupant restraint system that operates in the event of a crash and is designed in accordance with federal motor vehicle safety standards for the specific make, model, and year of the motor vehicle in which it is or will be installed. “Air bag” includes all component parts to a motor vehicle inflatable occupant restraint system, including but not limited to the cover, sensors, controllers, inflators, wiring, and seat belt systems.

Air Bag means a flexible bag that is designed to be filled with a gas under pressure, and is:

Air Bag means a device that cradles the body by using an air release breather system to dissipate the energy due to a fall, thereby allowing the jumper to land without an abrupt stop or bounce.

Air Bag means a flexible bag that is designed to be filled with a gas under pressure, and is: 2.7.1. Designed to protect the vehicle driver in an impact against the steering control; 2.7.2. Inflated by a device which is actuated in case of vehicle's impact;

Air Bag means a device which cradles the body using an air release breather system to dissipate the energy due to a fall.

Air Bag means any inflatable restraint system installed in a motor vehicle to comply with safety standards established for the motor vehicle by federal law or regulation.

Air Bag means an inflatable restraint installed at the driver or front outboard passenger seating position to provide occupant protection in frontal crashes.