Loss Settlement definition

Loss Settlement has the meaning set forth in Section 10.02.
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Loss Settlement means Covered Benefits, fees and expenses of the Impartial Party (as defined in the Group Contract) and Mandated Benefits, in each case, paid by the Company less Indemnification Amounts.
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Loss Settlement. The amount shown for PART D: UNINSURED BOATER COVERAGE on the Declarations Page is the most we will pay under PART D, regardless of the number of Covered Persons, claims made or vessels involved in any Occurrence. This coverage will not apply directly or indirectly to the benefit of any Covered Person under any state or federal compensation law or act. Payment made for this coverage to or for a Covered Person will reduce the amount that person is entitled to recover from the PART B: LIABILITY COVERAGE and PART C: MEDICAL PAYMENTS COVERAGE of this policy.
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Examples of Loss Settlement in a sentence

  • This policy provides three methods of settling losses: Replacement Cost, Special Loss Settlement, and Actual Cash Value.

  • Loss Settlement, provided you notify us of your intent to do so within 180 days after the date of loss.

  • This policy provides three methods of set- tling losses: Replacement Cost, Special Loss Settlement, and Actual Cash Value.

  • Introduction This policy provides three methods of settling losses: Replacement Cost, Special Loss Settlement, and Actual Cash Value.

  • Use Replacement Cost Loss Settlement For Certain Non-building Structures On The Residence Premises Endorsement HO 04 43.

  • This Policy provides three methods of settling losses: “Replacement Cost”, Special Loss Settlement, and “Actual Cash Value”.

  • Loss Settlement Terms -- Subject to paragraphs 1., 2., 4., 5., and 6.

  • The policy with the later effective date must be canceled.V. Loss Settlement.

  • Notwithstanding anything to the contrary contained in Section 6 of the Agreement, no swap termination payments will be due to any party as a result of the redemption of Securities in connection with the determination of a Loss Settlement Amount or the payment of Adjusted Cash Settlement Amounts (as defined in the conditions of the Securities) or delivery in lieu of Charged Assets (as defined in the conditions of the Securities).

  • Use Functional Replacement Cost Loss Settlement Endorsement HO 05 30.


More Definitions of Loss Settlement

Loss Settlement has the meaning attributable to such term in the Policy.
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Related to Loss Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Combination Settlement shall have the meaning specified in Section 14.02(a).

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Mandatory Settlement Date means the earliest of:

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers’ compensation claim.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

  • Purchase Contract Settlement Date means [ ].

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Net Settlement Fund means the Settlement Fund, plus accrued interest, less any award of attorneys’ fees or reimbursement of expenses and less applicable taxes, tax preparation expenses, and costs of notice and administration, that may be awarded or approved by the Court.