Applicable Policy Limit definition
Applicable Policy Limit means, in respect of each Insurance, the applicable policy indemnity limits for such Insurance as set out in paragraphs [cross reference redacted] and [cross reference redacted] of the Approved Insurance Schedule (excluding any individual sub-limits specified other than the Tunnelling Limit), or such amended or varied policy indemnity limit as may have been agreed (with the prior written consent of the Secretary of State) by IP OpCo with the relevant Insurer(s) or as required in accordance with clause 8.4;
Applicable Policy Limit means $42,000,000, consisting of: (a) $2,000,000 under the GIC Policy for Claims arising from the Bridge Collapse, subject to a $10,000 per occurrence deductible which deductible has been satisfied by the Debtor; (b) $25,000,000 under the XLIA Policy; (d) $5,000,000, subject to a $50,000 self-insured retention, under the IHIC Policy; and (e) $10,000,000 under the Excess Liability Policy.
Applicable Policy Limit means the limit(s) or sub-limit(s) of insurance that are applicable to the facts of a particular loss, or portion thereof, under a particular Mid- Century Insurance Policy as of the relevant date of loss.
More Definitions of Applicable Policy Limit
Applicable Policy Limit means $42,000,000, consisting of: (a)