Examples of Claims and Expenses in a sentence
The indemnity contemplated by this Article 24 does not apply to the extent Claims and Expenses are reimbursed by insurers.
The Archdiocese, however, shall adjust premiums payments to the GIF to the extent necessary to pay GIF Claims and Expenses and the minimum GIF Tort Claim Contribution Amount as set forth below.
The Archdiocese shall not reduce premiums to the GIF prior to July 1, 2017 and shall not increase premiums prior to June 30, 2017 except to the extent necessary to pay GIF Claims and Expenses and the minimum GIF Tort Claim Contribution Amount as set forth below.
Funds in the GIF not required to pay GIF Claims and Expenses will be held in reserve and will be paid to the Plan Implementation Account (if paid on the Effective Date) or the Trust (if paid after the Effective Date) in satisfaction of claims of participants related to Tort Claims and as additional consideration for the Channeling Injunction set forth in this Plan (“GIF Tort Claim Contribution Amount”).
The indemnity contemplated by this Article 25 does not apply to the extent Claims and Expenses are reimbursed by insurers.