Annual aggregate definition
Annual aggregate means the total amount of financial responsibility available to cover all obligations that might occur in one year.
Annual aggregate means the total amount of awards that an owner or operator may obtain during a program year under this chapter.
Annual aggregate means the maximum financial responsibility requirement that an owner or operator is required to demonstrate annually.
Examples of Annual aggregate in a sentence
Annual aggregate limit shall not be less than $2,000,000 and filed on a “claims-made” form.
Annual aggregate limits shall not be less than $2,000,000 $4,000,000 10,000,000.
Annual aggregate limit shall not be less than $3,000,000 and filed on a “claims-made” form.
Annual aggregate limit for multiple occurrences and multiple claimants: $3,000,000.
Annual aggregate limit for multiple occurrences and multiple claimants: $2,000,000.
More Definitions of Annual aggregate
Annual aggregate means the total remediation costs incurred within a single year for all discharges from underground storage tank systems covered by a single financial instrument.
Annual aggregate means the maximum liability of the Insurer under this policy for all losses in each policy period
Annual aggregate means a “Limit of Liability” up to which “We” will pay during each “ Term” of this “Memorandum” regardless of the number of claims submitted.
Annual aggregate means the dollar amount of all benefits available to a fund participant for the period of time stated on the declarations page of each participation agreement issued by the board, regardless of how many separate occurrences, releases, or third party claims may occur during this same period. State law establishes the annual aggregate at two (2) million dollars.
Annual aggregate means the dollar amount of all benefits available to a fund par- ticipant for the period of time stated on the declarations page of each participation agree- ment issued by the board, regardless of how many separate occurrences, releases or third party claims may occur during this same peri- od. State law establishes the annual aggre- gate at two (2) million dollars.
Annual aggregate means the maximum financial responsibility requirement that an owner
Annual aggregate means the limit of liability within the period of one year immediately following the inception of this policy, or, any anniversary, or, if the time between inception or any anniversary and the termination of this policy, is less than one year, the lesser period.