Coverage Policy definition

Coverage Policy means a determination by a Third Party Payor to pay or not pay for an item or service under the terms of the Third Party Payor’s health benefits plan. A Coverage Policy may be disseminated through a policy statement, article, notice, or other form of written communication.
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Coverage Policy means the coverage policy of the Borrower and its Subsidiaries with respect to the holding of Hedging Contracts, a current copy of which is attached as Exhibit “4” to this Agreement and as it is periodically modified with the approval of Borrower’s board or committee of the board concerned.
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Examples of Coverage Policy in a sentence

  • At the Close of Escrow, the Title Company will issue to Buyer at Buyer's sole cost and expense an ALTA Standard Coverage Policy (1990) with coverage in an amount equal to the appraised value of the Real Property as determined by Buyer in its sole discretion, showing title to the Real Property vested in Buyer, subject only to the Permitted Exceptions and the standard printed exceptions and conditions in the policy of title insurance ("TITLE POLICY").

  • Escrow Agent is authorized to prepare, obtain, record and deliver the necessary instruments to carry out the terms and conditions of this Escrow and, to the extent that Escrow Agent is also the Title Company, to issue the ALTA Extended Coverage Policy at Closing, subject to and in accordance with the Purchase Agreement or pursuant to separate written instructions to Escrow Agent executed by Seller.

  • Builders Risk/Installation Coverage Policy shall be written on an all-risk basis and that covers the work to be performed under this Agreement for direct physical loss or damage while in the course of transportation, erection, installation, and completion with limits of liability equal to the final completed value of the project.

  • Buyer may, at Buyer's option and at Buyer's expense, direct Escrow Holder to procure an ALTA Extended Coverage Policy of Title Insurance or endorsements which expand coverage in excess of that which is described above.

  • A New Title Exception shall be deemed to have been cured if Seller causes such item to be removed from record title to the Real Property and not listed as a title exception in Schedule B of the ALTA Extended Coverage Policy prior to the Closing or otherwise cures such New Title Exception as determined by Buyer in Buyer's sole and absolute discretion.

  • A Disapproved Title Exception shall be deemed to have been cured if Seller causes such item to be removed from the record title of the Real Property and not listed as a title exception in Schedule B of the ALTA Extended Coverage Policy prior to the Closing or otherwise cures such Disapproved Title Exception as determined by Buyer in Buyer's sole and absolute discretion.

  • All contents and Lessee's trade fixtures, machinery, equipment, furniture and furnishings in the leased premises to the extent of at least ninety percent (90%) of their replacement cost under Standard Fire and Extended Coverage Policy and all other risks of direct physical loss as insured against under Special Form ("all risk" coverage).

  • Provider shall make Services covered under this Contract available twenty-four (24) hours a day, seven (7) days a week, including holidays, when medically necessary, and/or in accordance with the applicable Clinical Coverage Policy, and offer hours of operation to Alliance Members that are no less than the hours offered to commercial enrollees or comparable to NC Medicaid Direct, if the provider serves only Medicaid beneficiaries.

  • The title company shall have unconditionally committed to issue, at the Closing, an ALTA Owner’s Extended Coverage Policy of Title Insurance, insuring the RDC’s interest in the Land and Improvements with liability in the amount of the Purchase Price subject only to the Permitted Exceptions (“Title Policy”).

  • Providers of ambulance services agree to comply with State Program’s Clinical Coverage Policy No. 15, NC Medicaid Ambulance Services.

Related to Coverage Policy

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • 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:

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • 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.