Claims Deductible definition

Claims Deductible shall have the meaning set forth in Section 8.4(a).
Sample 1
Claims Deductible has the meaning set forth in Section 10.4(a).
Sample 1

Examples of Claims Deductible in a sentence

  • Deductible 4.2 With regard to each and every Claim which is not an Investigation, the Insurer shall only be liable for that part of Loss which is in excess of the applicable Claims Deductible stated in Item 4 of the Schedule.

  • The areas with notable overage are:• Building Maintenance - $2,816 over• HVAC Repairs and Maint - $2,480 under• Water and Sewer - $1,111 over• Snow Removal - $3,001 under• Insurance Claims Deductible - $5,000 under• Pool and Hot Tub Expense - $1,037 over• Landscaping Expense - $1,278 over All reserve contributions have been made to date.

  • Ken Jones was elected chairman and thus commenced a period of twenty five continuous years of leadership for this organisation.

  • Notwithstanding the foregoing, the Claims Deductible shall not apply to any claim made under Section 10.3(a) in respect of any breach of representation or warranty by Buyer under Section 5.1, 5.2 or 5.5.

  • Notwithstanding the foregoing, the Claims Deductible shall not apply to (i) any claim made under Section 10.2(a) in respect of any breach of representation or warranty by Seller under Section 3.1, 3.2, 3.4, 3.8, 3.18, 3.22 (but only to the extent such breach relates to Taxes), 3.29 or 3.30 or by any Shareholder under Article 4, or (ii) any claim made under Section 10.2(c) in respect of a breach of covenant under Article 2.

  • With regard to Mitigation Costs or Subpoena Defence Costs the Insurer shall pay that part of Mitigation Costs or Subpoena Defence Costs which is in excess of the applicable Claims Deductible stated in Item 4 of the Schedule.

  • With regard to Mitigation Costs, the Insurer shall pay that part of Mitigation Costs which is in excess of the applicable Claims Deductible stated in Item 4 of the Schedule.

  • With regard to Mitigation Costs or Ombudsman Awards the Insurer shall pay that part of Mitigation Costs or Ombudsman Awards which is in excess of the applicable Claims Deductible stated in Item 3 of the Schedule.

  • KLOE1:Review community engagement processes and consultation arrangements to ensure the Broads Plan Vision and long-term aims are clearly communicated and understood by March 2012.Review and update the State of the Park Report and identify a robust set of relevant and proportionate performance indicators by December 2012.Review e-Broads Plan performance monitoring system in liaison with delivery partners by October 2012.

  • The Company Stockholders will not have any liability under Section 8.1(a)(vi) (and such Losses shall not reduce the Indemnity Deductible) until Parent Indemnitees have suffered Losses in excess of $2,200,000 (the “Existing IP Claims Deductible”) in the aggregate arising from Claims under Section 8.1(a)(vi), and then the Company Stockholders will only be liable under Section 8.1(a)(vi) to the extent Losses arising from Claims under Section 8.1(a)(vi) exceed the Existing IP Claims Deductible.

Related to Claims Deductible

  • Deductible has the meaning set forth in Section 11.1(e).

  • Insured Claims means those Liabilities that, individually or in the aggregate, are covered within the terms and conditions of any of the Company Policies, whether or not subject to deductibles, co-insurance, uncollectability or retrospectively-rated premium adjustments, but only to the extent that such Liabilities are within applicable Company Policy limits, including aggregates.

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Covered Losses has the meaning set forth in Section 9.2(b).

  • Insured Claim means any Claim arising from an incident or occurrence alleged to have occurred prior to the Effective Date that is covered under an insurance policy applicable to the Debtors or their businesses.

  • Fraud Loss Coverage Amount As of the Closing Date, $2,748,787, subject to reduction from time to time, by the amount of Fraud Losses allocated to the Certificates. In addition, on each anniversary of the Cut-off Date, the Fraud Loss Coverage Amount will be reduced as follows:

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Bankruptcy Loss Coverage Amount As of any date of determination, the Bankruptcy Loss Coverage Amount shall equal the Initial Bankruptcy Loss Coverage Amount as reduced by (i) the aggregate amount of Bankruptcy Losses allocated to the Certificates since the Cut-off Date and (ii) any permissible reductions in the Bankruptcy Loss Coverage Amount as evidenced by a letter of each Rating Agency to the Trustee to the effect that any such reduction will not result in a downgrading, qualification or withdrawal of the then current ratings assigned to the Classes of Certificates rated by it.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Special Hazard Loss Coverage Amount With respect to the first Distribution Date, $5,000,000. With respect to any Distribution Date after the first Distribution Date, the lesser of (a) the greatest of (i) 1% of the aggregate of the principal balances of the Mortgage Loans, (ii) twice the principal balance of the largest Mortgage Loan and (iii) the aggregate of the principal balances of all Mortgage Loans secured by Mortgaged Properties located in the single California postal zip code area having the highest aggregate principal balance of any such zip code area and (b) the Special Hazard Loss Coverage Amount as of the Closing Date less the amount, if any, of Special Hazard Losses allocated to the Certificates since the Closing Date. All principal balances for the purpose of this definition will be calculated as of the first day of the calendar month preceding the month of such Distribution Date after giving effect to Scheduled Payments on the Mortgage Loans then due, whether or not paid.

  • Buyer Losses shall have the meaning set forth in Section 11.1 hereof;

  • Claims Period means the period during which a claim for indemnification may be asserted hereunder by an Indemnified Party.

  • Fraud Losses Realized Losses on Mortgage Loans as to which a loss is sustained by reason of a default arising from fraud, dishonesty or misrepresentation in connection with the related Mortgage Loan, including a loss by reason of the denial of coverage under any related Primary Insurance Policy because of such fraud, dishonesty or misrepresentation.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Indemnifiable Damages shall have the meaning set forth in Section 9.1 herein.

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

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

  • Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Covered Loss or “Covered Losses” means an accidental death, dismemberment, or other Injury covered under the Policy.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Claims Bar Date means the applicable bar date by which Proofs of Claim must be Filed, as established by: (a) the Bar Date Order; (b) a Final Order of the Bankruptcy Court; or (c) the Plan.