Hurricane Deductible definition

Hurricane Deductible means a Deductible applicable to an event which is a Hurricane. This term does not include traditional all perils deductibles.
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Hurricane Deductible means a percentage wind deductible applicable during an event which is a Hurricane.
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Hurricane Deductible means the amount of loss that a policyholder shall be responsible for before the insurer will pay, up to the limits of a policy, in the event of a covered loss resulting from a hurricane;
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Examples of Hurricane Deductible in a sentence

  • The Hurricane Deductible applies regardless of any other cause or event contributing concurrently or in any sequence to the loss.

  • The Hurricane Deductible does not apply to coverage provided under 7.

  • Hurricane DeductibleIn the event of direct physical loss to property covered under this policy caused directly or indirectly by a hurricane, the Hurricane Deductible listed on your Declarations is the amount of the covered loss for dwelling, other structures and contents that you will pay.

  • In the event a Hurricane Deductible does not apply to a loss, an insurer may apply the all perils deductible as included in the policy to the loss.

  • If a Hurricane Deductible is not included in the policy or is not applicable to a particular loss the policy may provide for application of a policy deductible.

  • To compute the premium for this provision, multiply the BASE PREMIUM by the factorselected from the following table for the deductible amount desired: Hurricane Deductible Amount All Coverage Limits: NOTES:406.

  • Base DeductibleAll Perils Deductible = $1,000 Hurricane Deductible = No Coverage2.

  • Base DeductibleAll Other Perils Deductible = $1,000 Hurricane Deductible = 2% (Minimum $500)2.

  • Država treba da nastavi poboljšanje sveukupnog infrastrukturnog ambijenta...

  • The Concessionaire will also develop and maintain the competence of the network and will provide the services in compliance with the conditions set in its License.The Concessionaire will also take further steps such as capital investments, improvements, reparations and additions to the network which are necessary or appropriate in order to succeed and maintain the aforementioned quality of services or other basic targets that might be set by the Concessionaire, in compliance with the legislation in force.


More Definitions of Hurricane Deductible

Hurricane Deductible means the deductible applicable to loss or damage caused by a “hurricane”. The “hurricane deductible” applies to covered loss or damage to Covered Property caused directly or indirectly by a “hurricane”, regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage.
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Hurricane Deductible means a policy provision, specifically applicable to losses resulting from a hurricane, that defines the amount of covered loss the insured must bear.
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Related to Hurricane Deductible

  • Deductible has the meaning set forth in Section 11.1(e).

  • windstorm means straight line winds of at least 80 miles per

  • Nonrecourse Deductions has the meaning set forth in Section 1.704-2(b)(1) of the Regulations.

  • Covered Losses means any and all losses, assessments, fines, penalties, administrative orders, obligations, judgments, amounts paid in settlement, costs, expenses, liabilities and damages (whether actual, consequential or punitive), including interest, penalties, reasonable court costs and attorney’s fees, disbursements and costs of investigations, deficiencies, levies, duties and imposts.

  • Economic loss means any of the following types of pecuniary harm:

  • Covered Loss or “Covered Losses” means an accidental death, dismemberment, or other Injury covered under the Policy.

  • Member Nonrecourse Deductions has the meaning of “partner nonrecourse deductions” set forth in Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(i)(2).

  • Partner Nonrecourse Deductions has the meaning set forth in Regulations Section 1.704-2(i)(2), and the amount of Partner Nonrecourse Deductions with respect to a Partner Nonrecourse Debt for a Partnership taxable year shall be determined in accordance with the rules of Regulations Section 1.704-2(i)(2).

  • Excess Contribution means a contribution that exceeds the

  • Member Nonrecourse Deduction means “partner nonrecourse deduction” as defined in Treasury Regulations Section 1.704-2(i), substituting the term “Member” for the term “partner” as the context requires.

  • Nonrecourse Built-in Gain means with respect to any Contributed Properties or Adjusted Properties that are subject to a mortgage or pledge securing a Nonrecourse Liability, the amount of any taxable gain that would be allocated to the Partners pursuant to Section 6.2(b) if such properties were disposed of in a taxable transaction in full satisfaction of such liabilities and for no other consideration.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Earthquake insurance, if the Leased Property is currently, or at any time in the future, located within a major earthquake disaster area, in amount, and in such form and substance and with such limits and deductibles as are satisfactory to Landlord; and

  • Accidental Damage means physical damage, breakage or failure of Your Covered Equipment due to an unforeseen and unintentional event occurring either due to handling (e.g., dropping the Covered Equipment or through liquid contact) or due to an external event (e.g., extreme environmental or atmospheric conditions). The damage must affect the functionality of Your Covered Equipment, which includes cracks to the display screen that affect the visibility of the display.

  • Electrical Losses means all electrical losses associated with the transmission of Product to the Delivery Point, including if applicable, but not limited to, any transmission or transformation losses between the CAISO revenue meter and the Delivery Point.

  • 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.