Excess definition

Excess means an amount of money paid in a calendar year towards the cost of each hospital episode of care up to an annual maximum before fund benefits are payable.
Excess has the meaning specified therefor in Section 2.14 of the Agreement.
Excess means the amount as stated in the rental agreement that you are responsible for in the event of damage.

Examples of Excess in a sentence

  • Upon completion of each Asset Sale Offer, the amount of Excess Proceeds will be reset at zero.

  • The Company may satisfy the foregoing obligation with respect to any Excess Proceeds by making an Asset Sale Offer prior to the expiration of the relevant 365-day period or with respect to Excess Proceeds of $50.0 million or less.

  • Upon completion of each Asset Sale Offer, the amount of Excess Proceeds shall be reset at zero.

  • Accordingly, Restricted Payments made during the Suspension Period will not reduce the amount available to be made as Restricted Payments under Section 3.3. On the Reversion Date, the amount of Collateral Excess Proceeds and Excess Proceeds shall be reset at zero.

  • Excess liability coverage shall be issued with limits of liability which, when combined with the primary insurance, will equal the minimum limits for general liability and automobile liability.


More Definitions of Excess

Excess means the first amount you must contribute to any claim you make under this Policy.
Excess means the amount the Takaful Participant must pay towards a claim before the Company pays. The amount will be stated on the Schedule or in any selected Optional Perils.
Excess means any property under the control of any Federal agency which is not required for its needs and the discharge of its responsibilities, as determined by the head thereof.
Excess means the amount You must pay towards a claim before We pay. The amount will be stated on the Schedule or in any selected Optional Benefits.
Excess means:the first amount of each claim or series of claims arising out of any one Occurrence for which You are responsible. The Excess applicable to this insurance appears in the Schedule. The Excess applies to all amounts for which We will be liable, including the indemnity provided by Insuring Clause 2.2 (Defence Costs and Supplementary Payments).
Excess has the meaning specified in Section 2.12(b).
Excess means the amount which you must first pay for each claim Arising from the one event before a claim can be made under your policy.