Examples of Excess Value in a sentence
After such payment to such beneficiary, the balance, if any, of the Policy death benefit (the Excess Value) shall be paid to the Company.
The excess, if any, by which the Aggregate Principal Balance of all CCC Assets exceeds 7.5% of the Collateral Principal Balance; provided that, in determining which of the CCC Assets shall be included in the CCC Excess Value, the CCC Assets with the lowest current Market Value shall be deemed to constitute such CCC Excess Value.
For excess value shipments duly accepted by the Carrier, the following additional charges shall be applicable to the Payer of the freight charges:6.1 Excess Value Charge – $75.00 per each additional $100.00 of declared valuation Carrier.
To secure the right of the Company to the Excess Value and/or the Company's Cost (both as hereafter defined), the Executive will, contemporaneously herewith, assign the Policy to the Company as collateral, using a form substantially similar to that attached hereto as Exhibit B.
Excess Value Item 6Excess value provisions made a part of any BOL contract executed by Carrier's driver without other prior notification and written acknowledgement shall not be considered to be prior notification; and any shipment thereby accepted by Carrier shall be considered to be an inadvertently accepted shipment.