Designated Named Windstorm Occurrence definition

Designated Named Windstorm Occurrence means an Occurrence attributable directly or indirectly to a Designated Named Windstorm (and is applicable for all losses, damages, and sums covered under this Policy arising from such Designated Named Windstorm irrespective of the period or area over which such losses occur), whether arising out of measures undertaken in preparation for possible impact of a specific storm or to wind, rain, flood, storm surge or other physical phenomena, and including, without limitation, any ensuing fire, explosion or collapse which is a consequence of such preparatory steps or physical impact. Any such Designated Named Windstorm Occurrence shall be deemed to commence at the time the Responsible Meteorological Service first advises meteorologists in the private sector and/or makes a public announcement of the naming of the pertinent weather system.
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Designated Named Windstorm Occurrence means personal injury or bodily injury, including death, or loss of use of or damage to property, or a condition covered by insuring agreement 2b, 2c or 2d, attributable directly or indirectly to a Designated Named Windstorm (and includes all offshore and onshore losses arising from such system irrespective of the period or area over which such losses occur), whether arising out of measures undertaken in preparation for possible impact of a specific storm or to wind, rain, flood, storm surge or other physical phenomena, and including, without limitation, any ensuing fire, explosion or collapse which is a consequence of such preparatory steps or physical impact. Any such Occurrence shall be deemed to commence at the time the Responsible Meteorological Service first advises meteorologists in the private sector and/or makes a public announcement of the naming of the pertinent weather system.
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Designated Named Windstorm Occurrence means an Occurrence attributable directly or indirectly to a Designated Named Windstorm (and is applicable for all losses, damages, and sums covered under this policy arising from such Designated Named Windstorm irrespective of the period or area over which such losses occur), whether arising out of measures undertaken in preparation for possible impact of a specific storm or to wind, rain, flood, storm surge or other physical phenomena, and including, without limitation, any ensuing fire, explosion or collapse which is a consequence of such preparatory steps or physical impact. Any such Designated Named Windstorm Occurrence shall be deemed to commence at the time the Responsible Meteorological Service first advises meteorologists in the private sector and/or makes a public announcement of the naming of the pertinent weather system.
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Examples of Designated Named Windstorm Occurrence in a sentence

  • As respects any Designated Named Windstorm Occurrence only the portion of Named Windstorm Losses exclusive of any amount within any Quota Share Retention or subject to Retrospective Premium shall be taken into account as respects the Aggregation Limit.

  • Such Aggregation Limit may be set by the Board of Directors at different amounts in respect of any Designated Named Windstorm Occurrence and any other Occurrence.

  • Each Named Insured shall initially have the option of selecting a deductible greater or equal to the Minimum Deductible (in multiples of five million dollars ($5,000,000)) as the Underwriter may offer from time to time with respect to each occurrence, except as otherwise provided in Condition F.4a of the Policy, either generally or with respect to one or more specific Sectors or, as respects any Designated Named Windstorm Occurrence, any Geographic Regions.

  • Occurrence Limits With respect to any Occurrence, The insurance limit per occurrence other than a Designated Named Windstorm Occurrence, the insurance limit per occurrence shall be the lesser of: (a1) ten percent (10%) of Unmodified Gross Assets rounded to the nearest ten thousand dollars ($10,000), or (b2) the Maximum Insurance Limit Per Occurrence.

  • With respect to any Designated Named Windstorm Occurrence the insurance limit per occurrence shall be the lesser of:(a1) ten percent (10%) of Unmodified Gross Assets rounded to the nearest ten thousand dollars ($10,000), or (b2) the Maximum Designated Named Windstorm Insurance Limit Per Occurrence.

  • Each Named Insured shall have the option of selecting a deductible greater or equal to the Minimum Deductible (in multiples of five million dollars ($5,000,000)) with respect to each occurrence, except as otherwise provided in Condition F.4a of the Policy, either generally or with respect to one or more specific Sectors or, as respects any Designated Named Windstorm Occurrence, any Geographic Regions.

  • With respect to any Designated Named Windstorm Occurrence the insurance limit per occurrence shall be the lesser of: (1) ten percent (10%) of Unmodified Gross Assets rounded to the nearest ten thousand dollars ($10,000), or (2) the Maximum Designated Named Windstorm Insurance Limit Per Occurrence.

  • Any such Designated Named Windstorm Occurrence shall be deemed to commence at the time the Responsible Meteorological Service first advises meteorologists in the private sector and/or makes a public announcement of the naming of the pertinent weather system.

  • The Board of Directors resolved on July 20, 2011 that effective January 1, 2012 the Aggregation Limit in respect of any Designated Named Windstorm Occurrence shall be seven hundred fifty million dollars ($750,000,000) and further resolved on July 22, 2021 that effective January 1, 2022 the Aggregation Limit for any other Occurrence shall be one billion three hundred fifty million dollars ($1,350,000,000).


More Definitions of Designated Named Windstorm Occurrence

Designated Named Windstorm Occurrence means an Occurrence attributable directly or indirectly to a Designated Named Windstorm (and is applicable for all losses, damages, and sums covered under this policy arising from such Designated Named Windstorm irrespective of the period or area over which such losses occur), whether arising out of measures undertaken in
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Related to Designated Named Windstorm Occurrence

  • Catastrophic injury or illness means a life-threatening injury or illness of an employee or a member of an employee's immediate family that totally incapacitates the employee from work, as verified by a licensed physician, and forces the employee to exhaust all leave time earned by that employee, resulting in the loss of compensation from the state for the employee. Conditions that are short-term in nature, including, but not limited to, common illnesses such as influenza and the measles, and common injuries, are not catastrophic. Chronic illnesses or injuries, such as cancer or major surgery, that result in intermittent absences from work and that are long-term in nature and require long recuperation periods may be considered catastrophic.

  • Catastrophic illness or “injury” means an illness or injury that is expected to incapacitate the employee for an extended period of time, or that incapacitates a member of the employee’s family which incapacity requires the employee to take time off from work for an extended period of time to care for that family member, and taking extended time off work creates a financial hardship for the employee because he or she has exhausted all of his or her sick leave and other paid time off.

  • Expected week of childbirth means the week, starting on a Sunday, during which the mother's doctor or midwife expects her to give birth.

  • 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".

  • Relevant Force Majeure Event means a Force Majeure Event in relation to which an Affected Party is claiming relief under this Clause 17; and

  • Terrorist Incident means an act of violence by any person acting on behalf of or in connection with any organization which is generally recognized as having the intent to overthrow or influence the control of any government, that is deemed terrorism by the United States Government other than civil disorder or riot, that is not an act of war, declared or undeclared, that results in Loss of life or major damage to property.

  • Attack directed against any civilian population means a course of conduct involving the multiple commission of acts referred to in paragraph 1 against any civilian population, pursuant to or in furtherance of a State or organizational policy to commit such attack;

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Contractor under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.

  • Force Majeure Event means an event, or a series of related events, that is outside the reasonable control of the party affected (including failures of the internet or any public telecommunications network, hacker attacks, denial of service attacks, virus or other malicious software attacks or infections, power failures, industrial disputes affecting any third party, changes to the law, disasters, explosions, fires, floods, riots, terrorist attacks and wars);

  • Noise Control Measures means measures to reduce the noise emissions from the Facility and/or Equipment

  • Catastrophic illness or injury means one of the following:

  • Force Majeure Events means acts of war, domestic and/or international terrorism, civil riots or rebellions, quarantines, embargoes and other similar unusual governmental actions, extraordinary elements of nature or acts of God.

  • COVID-19 Pandemic means the SARS-Cov2 or COVID-19 pandemic, including any resurgence or evolutions or mutations thereof and/or any related or associated outbreaks, epidemics and/or pandemics.

  • Eligible Crisis or Emergency means an event that has caused, or is likely to imminently cause, a major adverse economic and/or social impact to the Recipient, associated with a natural or man-made crisis or disaster.