Denial of Liability definition

Denial of Liability means a determination made by BCIDA that it is not obligated to purchase the guaranteed portion of the BCIDA Loan. A Denial of Liability may be for the full amount of the guaranteed portion of the loan or any part thereof.
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Denial of Liability means a determination made by SBA pursuant to 13 C.F.R. § 120.520 and 13 C.F.R. § 120.524 that it is not obligated to purchase the guaranteed portion of the 7(a) Loan. A Denial of Liability may be for the full amount of the guaranteed portion of the loan or any part thereof.
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Examples of Denial of Liability in a sentence

  • A Denial of Liability may be for the full amount of the guaranteed portion of the loan or any part thereof.

  • Notwithstanding Rule 6(a)(i), where a Member provides information later, having made a genuine error of disclosure, which would normally give rise to an Exclusion or Denial of Liability, the Trustee may impose such an Exclusion or Denial of Liability retrospectively.

  • Provision of medical data and supporting medical information requested by the Fund is received, assessed and is available for the Trustee to consider imposition of an Exclusion or Denial of Liability.

  • Without limiting Rule 11(f), if a Member gives the Trustee incorrect information or does not give the Trustee complete and relevant information about a Pre-Existing Medical Condition, the Trustee may apply the provisions of Rule 11(d) or, retrospectively apply a Denial of Liability for that Pre-Existing Medical Condition, and so will not be liable to pay any Benefits in respect of a Suspension or Cancellation of the Member’s Class 1 Medical Certificate resulting from that Pre-Existing Medical Condition.

  • Upon requesting an increase in the Standard Capital Benefit and/or application for the Premium Capital Benefit a Denial of Liability or Exclusion for the Pre-Existing Medical Condition may be applied on the increase in the Standard Capital Benefit and/or the Premium Capital Benefit.

  • Listed below are examples of common Lender deficiencies that justify BCIDA Denial of Liability in full or in part.

  • Any Exclusion or Denial of Liability imposed by the Trustee in accordance with this Rule, must normally be imposed within 60 days of the effective date of the application or such a time as required by the Trustee to enable it to obtain all relevant information and consult with the Fund’s medical advisers.

  • The Proposed Order Is Deficient in Including a Denial of Liability 2412 III.

  • Denial of Liability (Denial): A total denial of any cover for the stated medical condition(s) imposed at the time of first joining or when applying for an increase in cover.

  • Example of When Full or Partial Denial of Liability is Not Justified A partial Denial of Liability is not justified based on the Lender’s failure to liquidate personal property collateral if the Lender abandoned it pursuant to prudent lending practices and BCIDA Loan Program Requirements.

Related to Denial of Liability

  • Limitation of Liability Insert the following Section 15, after Section 14:

  • Limit of Liability means, with respect to any Insuring Agreement, the limit of liability of the Underwriter for any Single Loss covered by such Insuring Agreement as set forth under the heading “Limit of Liability” in Item 3 of the Declarations or in any Rider for such Insuring Agreement.

  • Denial of Service Attack means an attack intended by the perpetrator to overwhelm the capacity of a "computer system" by sending an excessive volume of electronic data to such "computer system" in order to prevent authorized access to such "computer system".

  • Loss of Limb means loss by physical severance of a hand at or above the wrist or of a foot at or above the ankle.

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Express warranty means an express warranty as set forth in sections 4-2-313 and 4-2.5-210, C.R.S. An express warranty shall cover every part of a new facilitative device.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Injury/Injured means a bodily injury caused by an accident occurring while the Insured’s coverage under this Policy is in force and resulting directly and independently of all other causes of Loss covered by this Policy. The injury must be verified by a Physician.

  • Indemnification Claim has the meaning set forth in Section 12.3.

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Litigation support contractor means a contractor (including its experts, technical consultants, subcontractors, and suppliers) providing litigation support under a contract that contains the clause at 252.204-7014, Limitations on the Use or Disclosure of Information by Litigation Support Contractors.

  • Complications of Pregnancy means conditions whose diagnoses are distinct from pregnancy but are adversely affected by pregnancy or are caused by pregnancy. These conditions include acute nephritis, nephrosis, cardiac decompensation, missed abortion and similar medical and surgical conditions of comparable severity. Complications of pregnancy also include nonelective cesarean section, ectopic pregnancy which is terminated and spontaneous termination of pregnancy, which occurs during a period of gestation in which a viable birth is not possible.

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Catastrophic Damage as used hereunder is major change or damage to In- cluded Timber on Sale Area, to Sale Area, to access to Sale Area, or a combination thereof:

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Fraud Claim means any claim based in whole or in part upon fraud, willful misconduct or intentional misrepresentation.

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • General relief means money payments and other forms of relief made to those persons mentioned

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Errors shall have the meaning specified in Section 8.2(c) of the Sale and Servicing Agreement.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.