Insurance Cap definition

Insurance Cap has the meaning set forth in Section 7.4(c).

Insurance Cap has the meaning set forth in Section 6(e)(ii) below.

Insurance Cap has the meaning set forth in Section 8.7(d).

Examples of Insurance Cap in a sentence

• The defined Cost Pass-through Events with this materiality threshold are: Insurance Cap Event; insurer credit risk event; natural disaster event; regulatory change event; service standard event; tax change event; and terrorism event.

• If at any time during the Lease Term during which Landlord is the Insuring Party, the annual premiums and related fees for the insurance carried by Landlord pursuant to Paragraph 8.1, above, exceeds the "Insurance Cap Amount" (as defined herein), Tenant shall not be required to pay any portion of such premiums and related fees exceeding the Insurance Cap Amount.

• The court found that the purpose of the rule was to inject fatigue into the game, but that Martin experiences more fatigue than the other golfers, even if he uses a cart, and would not gain a competitive advantage.Enforcement/Litigation Fifth Circuit Upholds AIDS Insurance Cap-- In McNeil v.

• In the event that the annual premium for terrorism coverage in an amount equal to the Full Replacement Cost coverage exceeds the Terrorism Insurance Cap, Borrower shall be required to maintain as much terrorism coverage as is available for a premium equal to the Terrorism Insurance Cap.

• For the purposes of this Lease, the Insurance Cap Amount for any Policy Year shall be an amount equal to two and one-half (2-1/2) times the Annual Insurance Base Amount, as adjusted by any increases in the "CPI" (as defined in Lease Rider No. 1) from the date of this Lease to the date of the Policy Year in question.

More Definitions of Insurance Cap

Insurance Cap has the meaning given in Section 4.18(b).

Insurance Cap has the meaning specified in Section 7.2(b).

Insurance Cap has the meaning set forth in Section 7.10(d) . (ddd) “Knowledge” means, as to a party, the knowledge of an Officer of such party and Officers of such party’s subsidiaries, and includes a fact or other matter of which an individual is actually aware of or a prudent individual could be expected to discover or otherwise become aware of such fact or other matter in the course of conducting a reasonably comprehensive investigation concerning the existence of such fact or matter.

Insurance Cap means an amount equal to one hundred three percent (103%) of the actual expenses for Insurance in calendar year 2012, and, for each calendar year thereafter, such cap shall increase by (i) for each calendar year during the initial term of the Lease, three percent (3%) over the Insurance Cap applicable to the immediately preceding calendar year, and (ii) for each calendar year during any Renewal Term of the Lease, four percent (4%) over the Insurance Cap applicable to the immediately preceding calendar year. It is agreed and acknowledged that the foregoing provisions apply to Insurance only and shall in no event limit Tenant’s obligation to pay Tenant’s proportionate share of Taxes as required under Article XVII.

Insurance Cap means each relevant cap or maximum liability amount as determined in each Credit Insurance Contract.

Insurance Cap means £25,000,000;

Insurance Cap shall have the meaning specified in Section 10.4 of the Agreement.