General Liability Claims definition

General Liability Claims. LifePoint is subject to claims and suits arising in the ordinary course of business, including claims for personal injuries or wrongful restriction of, or interference with, physicians' staff privileges. In certain of these actions claimants may ask for punitive damages against LifePoint, which are usually not covered by insurance. It is management's opinion that the ultimate resolution of pending claims and legal proceedings will not have a material adverse effect on LifePoint's results of operations or financial position. Physician Commitments LifePoint has committed to provide certain financial assistance pursuant to recruiting agreements with various physicians practicing in the communities it serves. In consideration for a physician relocating to one of its communities and agreeing to engage in private practice for the benefit of the respective community, LifePoint may loan certain amounts of money to a physician normally over a period of one year to assist in establishing his or her practice. Amounts committed to be advanced approximated $11.9 million at December 31, 1998. The actual amount of such commitments to be subsequently advanced to physicians often depends upon the financial results of a physician's private practice during the guaranteed period. Generally, amounts advanced under the recruiting agreements may be forgiven prorata over a period of 48 months contingent upon the physician continuing to practice in the respective community. It is management's opinion that amounts actually advanced and not repaid will not have a material adverse effect on LifePoint's results of operations or financial position. NOTE 12--OTHER CURRENT LIABILITIES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS A summary of other current liabilities as of December 31 follows (in millions): 1998 1997 ----- ----- Employee benefit plans.......................................... $ 7.0 $ 7.0 Taxes other than income......................................... 3.6 3.2 Other........................................................... 4.3 2.2 ----- ----- $14.9 $12.4 ===== ===== LIFEPOINT HOSPITALS, INC. NOTES TO COMBINED FINANCIAL STATEMENTS--(Continued) NOTE 12--OTHER CURRENT LIABILITIES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS (Continued) A summary of activity in LifePoint's allowances for doubtful accounts follows (in millions): Additions Accounts Balances at Charged to Written off, Balance Beginning Costs and Net of at end of Period Expenses Recoveries of Period ----------- ---------- -----...
Sample 1Sample 2
General Liability Claims. LifePoint is subject to claims and suits arising in the ordinary course of business, including claims for personal injuries or wrongful restriction of, or interference with, physicians staff privileges. In certain of these actions the claimants have asked for punitive damages against LifePoint, which are usually not covered by insurance. It is management's opinion that the ultimate resolution of these pending claims and legal proceedings will not have a material adverse effect on LifePoint's results of operations or financial position. NOTE 12--OTHER CURRENT LIABILITIES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS A summary of other current liabilities follows (in millions): SEPTEMBER 30, DECEMBER 31, 1998 1997 ------------- ------------ Employee benefit plans............................ $10.0 $ 5.7 Taxes other than income........................... 4.9 3.2 Other............................................. 0.9 2.2 ----- ----- $15.8 $11.1 ===== ===== A summary of activity in LifePoint's allowances for doubtful accounts follows (in millions): ADDITIONS ACCOUNTS BALANCES AT CHARGED TO WRITTEN OFF, BALANCE BEGINNING COSTS AND NET OF AT END OF PERIOD EXPENSES RECOVERIES OF PERIOD ----------- ---------- ------------ --------- Allowances for doubtful accounts: Year ended December 31, 1996...................... $12.7 $28.0 $(11.1) $29.6 Year ended December 31, 1997...................... 29.6 34.6 (26.7) 37.5 Nine months ended September 30, 1998.................. 37.5 28.3 (23.2) 42.6 F-15 LIFEPOINT HOSPITALS, INC. NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED) NOTE 13--UNAUDITED INTERIM FINANCIAL INFORMATION The statements of income and changes in cash flows for the nine months ended September 30, 1997 and the quarterly financial information shown below (interim financial information) have been prepared by LifePoint and are unaudited. The interim financial information includes all adjustments consisting of only normal recurring adjustments necessary for a fair statement of the results of the interim periods. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted from the interim financial information. The interim financial information should be read in conjunction with the audited combined financial statements appearing herein.
Sample 1
General Liability Claims. Triad is subject to claims and suits arising in the ordinary course of business, including claims for personal injuries or wrongful restriction of, or interference with, physicians staff privileges. In certain of these actions the claimants have asked for punitive damages against Triad, which are usually not covered by insurance. It is management's opinion that the ultimate resolution of these pending claims and legal proceedings will not have a material adverse effect on Triad's results of operations or financial position. NOTE 12--OTHER CURRENT LIABILITIES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS A summary of other current liabilities follows (in millions): SEPTEMBER 30, DECEMBER 31, 1998 1997 ------------- ------------ Employee benefit plans............................ $37.6 $20.8 Taxes, other than income.......................... 13.8 9.1 Other............................................. 4.0 10.9 ----- ----- $55.4 $40.8 ===== ===== TRIAD HOSPITALS, INC. NOTES TO COMBINED FINANCIAL STATEMENTS--(CONTINUED) NOTE 12--OTHER CURRENT LIABILITIES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS (CONTINUED) A summary of activity in Triad's allowances for doubtful accounts follows (in millions): ACCOUNTS BALANCES AT ADDITIONS WRITTEN OFF, BALANCES BEGINNING CHARGED TO NET OF AT END OF PERIOD EXPENSE RECOVERIES OF PERIOD ----------- ---------- ------------ --------- Allowances for doubtful accounts: Year ended December 31, 1996...................... $ 62.1 119.9 $ (74.7) $107.3 Year ended December 31, 1997...................... 107.3 162.4 (116.4) 153.3 Nine months ended September 30, 1998.................. 153.3 130.2 (118.0) 165.5 NOTE 13--UNAUDITED INTERIM FINANCIAL INFORMATION The statement of operations and changes in cash flows for the nine months ended September 30, 1997 (interim financial statements) have been prepared by Triad and are unaudited. The interim financial statements have been prepared in conformity with the accounting principles applied in the audited combined financials for the nine months ended September 30, 1998. In the opinion of management, the interim financial information includes all material adjustments necessary for a fair presentation. The interim financial statements should be read in conjunction with the audited combined financial statements appearing herein. Quarterly results of operations information follows (in millions): 1998 ---------------------- FIRST SECOND THIRD ------ ------ ------ Revenues............................. $470.7 $456.7 $...
Sample 1

Examples of General Liability Claims in a sentence

  • One of the following forms is required: Commercial General Liability (Occurrence); or Commercial General Liability (Claims Made).

  • Subcontractor shall not provide a Commercial General Liability (Claims Made) policy without the express written consent of Contractor.

  • The man is looking at the reindeer and holding its horn, which creates an assumption that he knows what he is doing in terms of taking care of the animal in the right way.

  • Your proposal must adhere to all the requirements outlined in the RFP and the CSAC EIA General Liability Claims Administration Guidelines.

  • If CONTRACTOR maintains higher limits than the specified minimum limits above, the City shall be entitled to coverage for the higher limits maintained by CONTRACTOR.6.4.d. Special Claims Made Policy Form Provisions:CONTRACTOR shall not provide a Commercial General Liability (Claims Made) policy without the express prior written consent of CITY, which consent, if given, shall be subject to the following conditions:1.

  • Net of expected recoveries from various state guaranty funds in connection with a commercial general and professional insurance company’s (PHICO) liquidation in 2002 (see Professional and General Liability Claims and Property Insurance).

  • Addendum No. 1RFP # 10-10260-2756Third Party Administration (TPA) Services for the Commission’s Self-Insured Auto and General Liability Claims Following are the answers to questions submitted in response to the above referenced RFP as of November 4, 2010.

  • Section 5.1 of the Code requires that two (2) parking space per residential unit, plus 1/4 space per unit for guest parking.

  • If I sent an e- mail to my supervisors they would answer me within three days and the same was followed from my side too.

  • Each link_order structure should either be handled specially, or it should be passed to the function _bfd_default_link_order which will do the right thing (_bfd_default_link_order is defined in linker.c).For efficiency, a link_order of type bfd_indirect_link_order whose associated section belongs to a BFD of the same format as the output BFD must be handled specially.


More Definitions of General Liability Claims

General Liability Claims. Triad is subject to claims and suits arising in the ordinary course of business, including claims for personal injuries or wrongful restriction of, or interference with, physicians staff privileges. In certain of these actions claimants may ask for punitive damages against Triad, which are usually not covered by insurance. It is management's opinion that the ultimate resolution of pending claims and legal proceedings will not have a material adverse effect on Triad's results of operations or financial position. NOTE 12--OTHER CURRENT LIABILITIES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS A summary of other current liabilities as of December 31 follows (in millions): 1998 1997 ----- ----- Employee benefit plans.......................................... $20.7 $20.6 Taxes, other than income........................................ 9.3 8.5 Other........................................................... 8.7 10.1 ----- ----- $38.7 $39.2 ===== ===== A summary of activity in Triad's allowances for doubtful accounts follows (in millions): Accounts Balances at Additions Written off, Balances Beginning Charged to Net of at End of Period Expense Recoveries of Period ----------- ---------- ------------ --------- Allowances for doubtful accounts: Year ended December 31, 1996..................... $ 59.9 $106.5 $ (63.3) $103.1 Year ended December 31, 1997..................... 103.1 138.5 (104.7) 136.9 Year ended December 31, 1998..................... 136.9 138.4 (119.4) 155.9 NOTE 13--EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share from continuing operations (dollars and shares in millions, except per share amounts):
Sample 1
General Liability Claims. Triad is subject to claims and suits arising in the ordinary course of business, including claims for personal injuries or wrongful restriction of, or interference with, physicians staff privileges. In certain of these actions claimants may ask for punitive damages against Triad, which are usually not covered by insurance. It is management's opinion that the ultimate resolution of pending claims and legal proceedings will not have a material adverse effect on Triad's results of operations or financial position. NOTE 12--OTHER CURRENT LIABILITIES AND ALLOWANCES FOR DOUBTFUL ACCOUNTS A summary of other current liabilities as of December 31 follows (in millions): 1998 1997 ----- ----- Employee benefit plans.......................................... $20.7 $20.6 Taxes, other than income........................................ 9.3 8.5 Other........................................................... 8.7 10.1 ----- ----- $38.7 $39.2 ===== ===== A summary of activity in Triad's allowances for doubtful accounts follows (in millions): Accounts Balances at Additions Written off, Balances Beginning Charged to Net of at End of Period Expense Recoveries of Period ----------- ---------- ------------ --------- Allowances for doubtful accounts: Year ended December 31, 1996..................... $ 59.9 $106.5 $ (63.3) $103.1 Year ended December 31, 1997..................... 103.1 138.5 (104.7) 136.9 Year ended December 31, 1998..................... 136.9 138.4 (119.4) 155.9 F-30 TRIAD HOSPITALS, INC. NOTES TO COMBINED FINANCIAL STATEMENTS--(Continued) NOTE 13--EARNINGS PER SHARE Triad expects to issue 42,888,940 shares of Triad common stock on the distribution date. Earnings per share information has been presented as if 42,888,940 shares had been outstanding for all periods presented. NOTE 14--UNAUDITED QUARTERLY FINANCIAL INFORMATION The quarterly interim financial information shown below has been prepared by the Company's management and is unaudited. It should be read in conjunction with the audited combined financial statements appearing herein (dollars in millions, except per share amounts).
Sample 1

Related to General Liability Claims

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Bodily injury means bodily injury, sickness or disease sustained by a person, including death resulting from any of these at any time.

  • Personal Injury means injury, other than "bodily injury", arising out of one or more of the following offenses:

  • Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

  • Accidental Bodily Injury means an Injury sustained as the result of an Accident and independently of all other causes by an outside traumatic event or due to exposure to the elements.

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Loss in excess of policy limits means 90.0% of any amount paid or payable by the Company in excess of its policy limits, but otherwise within the terms of its policy, such loss in excess of the Company’s policy limits having been incurred because of, but not limited to, failure by the Company to settle within the policy limits or by reason of the Company’s alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of an action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such an action.

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Defects Liability Period means the warranty period following the taking over, during which the Contractor is responsible for making good, defects and damage in Goods and Services provided, under the Contract.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Property Insurance is defined in Section 6.10(a).