Equivalent Insurance definition

Equivalent Insurance has the meaning set out in Section 6.6;

Equivalent Insurance has the meaning ascribed thereto in Section 3.2(a);

Equivalent Insurance means an insurance policy that is substantially equivalent in terms of amount, scope, exclusions, deductibles and limitations to the Target’s current directors’ and officers’ liability insurance policy;

Examples of Equivalent Insurance in a sentence

• Equivalent Insurance Coverage - When an equivalent insurance coverage is submitted to satisfy the minimum insurance requirements, the Contractor's insurance representative must submit written verification of the equivalency for the required minimum insurance coverage.

• The Variable Fee Component of the Operations Fee is determined by calculating the sum of the product of the daily census for each type of Resident in the Veterans Home for the preceding month (i.e., either (i) Medicare Part A, or Equivalent Insurance, or (ii) all other Residents of the Veterans Home) and the applicable variable fee rate (as shown on SCHEDULE 8.02) that is effective for the relevant period.

• EU: Method of Calculation in the Member States of the Financial Guarantee and Equivalent Insurance pursuant to Art.6 of Regulation (EC) No 1013/2006 on shipments of waste (2016) A compilation of methods used in EU Member States was published in 2016.

More Definitions of Equivalent Insurance

Equivalent Insurance means an equivalent insurance policy to Storm's current directors' and officers' insurance policy, on a "trailing" or "run off" basis, subject in either case to terms and conditions no less advantageous to the directors and officers of Company than those contained in the directors' and officers' policy in effect as of the date of the Arrangement Agreement;

Equivalent Insurance an insurance policy that is substantially equivalent in terms of amount, scope, exclusions, deductibles and limitations to the Corporation's current directors' and officers' liability insurance policy;

Equivalent Insurance has the meaning ascribed thereto in Section 5.8;

Equivalent Insurance has the meaning ascribed thereto in Section 8.2.

Equivalent Insurance means an insurance plan that provides substantially the same benefits for skilled nursing facility care, ancillary services, and therapy services as Medicare Part A or Medicare Part B, as applicable, but does not include the enhanced per diem for SCD residents.