Designated Named Windstorm Annual Aggregate Limit means an amount equal to the product of the Designated Named Windstorm Occurrence insurance limit per occurrence for the Named Insured and a factor1 to be determined by the Board of Directors prior to the end of any calendar year as respects the following calendar year(s).
Designated Named Windstorm Annual Aggregate Limit means an amount equal to the product of the Designated Named Windstorm Occurrence insurance limit per occurrence for the Named Insured and a factor to be determined by the Board of Directors prior to the end of any calendar year as respects the following calendar year(s).
Designated Named Windstorm Annual Aggregate Limit means an amount equal to the product of the policy limit per Occurrence specified on the Policy Declaration in respect of Designated Named Windstorm Occurrences and a factor4 to be determined by the Board of Directors prior to the end of any calendar year as respects the following calendar year(s).
Examples of Designated Named Windstorm Annual Aggregate Limit in a sentence
On December 10, 2009 the Board of Directors resolved that effective January 1, 2010 the factor used to determine the Designated Named Windstorm Annual Aggregate Limit shall be two (2).