Commercial coverage definition

Commercial coverage means mine subsidence insurance for a commercial building;
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Commercial coverage means mine subsidence insurance for a
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Commercial coverage means the coverage against direct loss to real and tangible personal property having economic value, at a fixed location, which is provided in the Building and Personal Property Coverage Form.
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Examples of Commercial coverage in a sentence

  • Commercial coverage is available from an insurance agent or carrier.

  • If You have selected Commercial coverage as indicated in the Declarations Section, You have coverage in accordance with the applicable terms of this Contract even when the Vehicle is utilized for a Commercial Use as defined in the Definitions Section of this Contract.

  • Commercial coverage is carried by the City for property and liability coverage.

  • Commercial coverage includes: Property and contents, business interruption, general liability, automotive, inland marine, workers’ compensation, cyber risk, crime, commercial umbrella, directors and officers, fiduciary and dishonesty.

  • Commercial coverage shall be provided by insurance carriers with a minimum A rating by A.M. Best, and each party shall be named on the other party’s general liability insurance as an additional insured.

  • Commercial coverage includes: Property and contents, business interruption, general liability, automotive, inland marine, workers’ compensation, cyber risk, crime, commercial umbrella, directors and officers, fiduciary and dishonesty and may include other applicable insurance products when relevant and reasonable.

  • Commercial coverage increases these limits to $500,000, respectively.17 Many insureds who purchase policies through the NFIP do not fully understand the limited nature of the coverage of which they are purchasing.

  • Commercial coverage concentrates coverage (and capacity) where the most demand for service is.

  • The Company has not made a distribution of stock of a controlled corporation within the meaning of the Section 355 of the Code.

  • Commercial coverage is typically unavailable with respect to labor disputes risk since having coverage brings the “moral hazard” risk into play.

Related to Commercial coverage

  • Minimum Essential Coverage has the meaning given in the Affordable Care Act, 26 U.S.C. §5000A(f).

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • Debt Service Coverage means that for every $1.00 of debt service required to be paid there must be $1.15 of Net Operating Income available. A worksheet for the calculation of Debt Service Coverage is found in the Report of Operations attached hereto as Exhibit "H" and incorporated herein by this reference.

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Initial Covered Debt means the Corporation’s 6.25% Notes due 2036, CUSIP No. 000000XX0.

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Coverage Area means the area described in the Website for which Nearmap has available Products, which may cover part or all of that area and which may cover part (but not all) of the area covered by the Survey.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated May 5, 2023, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Recipient shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.

  • Required Insurance shall have the meaning provided in Section 9.03.

  • Force-Placed Insurance shall have the meaning set forth in Section 4.4.

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • Collateral Coverage Ratio means (i) the aggregate value of any relevant collateral security, including the pro rata value of any shared collateral, divided by (ii) the outstanding aggregate principal amount of the relevant debt.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Evidence of Insurability means a statement of proof of your medical history upon which acceptance for insurance will be determined by Lincoln.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Debt Service Coverage Ratio means a ratio for the applicable period in which:

  • Financial Covenant has the meaning specified in Section 7.08.

  • Residential child care facility means a twenty-four-hour residential facility where children live together with or are supervised by adults who are not their parents or relatives;