Coverage Limit definition

Coverage Limit means the maximum that the Obligor will pay You for any one Claim and Power Surge event.
Coverage Limit means the maximum amount prescribed in terms of section 40, and payable to a depositor in accordance with this Act in respect of guaranteed deposits placed with a member institution whose deposits are unavailable;
Coverage Limit means the amount that is payable on a per depositor – per member institution basis, as determined under section 23;

Examples of Coverage Limit in a sentence

  • The policies of insurance maintained by CONTRACTOR shall provide the following minimum coverage: Coverage Limit (occurrence form) Bodily Injury and Property Damage (combined single limit): $1,000,000 per occurrence and Personal Injury: $1,000,000 per occurrence and Bodily Injury: $1,000,000 per person and Property Damage: $1,000,000 per accident or combined single limit of $2,000,000.

  • Our duty to defend or settle ends when the Liability Coverage Limit of Insurance has been exhausted by payment of judgments or settlements.

  • Our duty to defend or settle ends when the Covered Autos Liability Coverage Limit of Insurance has been exhausted by payment of judgments or settlements.

  • Payments made for these drugs will not count toward your Initial Coverage Limit (ICL) or total out-of-pocket costs.

  • Minimum Coverage Limit required (not deductible amount): $1,000,000 Each Claim, $2,000,000 Aggregate.


More Definitions of Coverage Limit

Coverage Limit of a Broncus Insurance Policy means the total dollar amount of insurance coverage available under such policy as of the Effective Date of this Agreement.
Coverage Limit has the meaning set forth in Article 2.C.
Coverage Limit means the limitation on WPC’s indemnification of NLOP Group under Section 4.2 described in Appendix C.
Coverage Limit means the Outstanding Principal Amount of the Notes in support of the Coverage provided under this Reinsurance Agreement.
Coverage Limit means the limitation on WPC’s indemnification of NLOP Group under Section 4.2 described in Appendix C. “Coverage Period” has the meaning set forth in Appendix C.
Coverage Limit. A sum equal to NIS 20,000,000 per incident and cumulatively under the policy.
Coverage Limit. The most "we" pay per occurrence under this endorsement for Additional Advertising Expense is the Additional Advertising Expense Limit shown in the Schedule above.