Amount Payable for Each Valid Claim definition

Amount Payable for Each Valid Claim means the amount prescribed in section E.3 and E.4 below.

Examples of Amount Payable for Each Valid Claim in a sentence

  • The Amount Payable for Each Valid Claim and the claims process for making such payment shall be in accordance with the terms set forth below.

Related to Amount Payable for Each Valid Claim

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.