Claim Amount definition

Claim Amount means the amount calculated in accordance with Section 6.2 of this Policy.

Claim Amount means the actual loss incurred by the Insured with respect to a Loan as calculated in accordance with Section V., B., (Calculation of Claim Amount) giving effect to adjustments made by the Company due to failure of the Insured to mitigate loss.

Claim Amount has the meaning set forth in Section 11.3.

Examples of Claim Amount in a sentence

• Settlement Class Members who are Former AdvancePay Accountholders are entitled to recover the Claim Amount if they timely submit a complete and Valid Claim Form to the Settlement Administrator (either electronically or in paper form) that sets forth the phone number(s) associated with their account(s) and their current address.

• If any Former AdvancePay Accountholder who is a Class Member does not submit a timely and Valid Claim Form but reactivates his or her AdvancePay Account during the Extended Automatic Credit Period, GTL shall provide such Class Member’s Claim Amount in the form of credit for future use of services in a form of credit equivalent to the amount such Class Member otherwise would have received had the Class Member filed a timely claim.

• For Settlement Class Members who are Current AdvancePay Accountholders, GTL shall undertake best efforts to, within twenty-one (21) days of the Effective Date, but in no event later than thirty (30) days from the Effective Date, pay such Settlement Class Member’s Claim Amount by automatically crediting the Claim Amount to the Class Member’s account without the need for such Settlement Class Member to submit a Claim Form or otherwise demonstrate his or her entitlement to the Claim Amount.

More Definitions of Claim Amount

Claim Amount means the amount used to determine the Insurance Benefit payable for a Claim, calculated in accordance with Sections 70 and 71.

Claim Amount has the meaning set forth in Section 5.3(b).

Claim Amount has the meaning set forth in Section 7.5(a)(i).

Claim Amount has the meaning set forth in Section 6.6(a).

Claim Amount shall have the meaning set forth in Section 8.8(a).

Claim Amount means the Eligible Expenses in excess of the benefits payable under the corresponding item(s) of Section A of the Benefits Provisions

Claim Amount shall have the meaning set forth in Section 10G(i).