Major Casualty Amount definition

Major Casualty Amount means, in relation to a Ship, the amount specified as such against the name of that Ship in Schedule 2 (Ship information) or the equivalent in any other currency.

Major Casualty Amount means Five hundred thousand Dollars ($500,000) or the equivalent in any other currency;

Major Casualty Amount means the amount specified as such in Schedule 2 (Ship information) or the equivalent in any other currency.

Examples of Major Casualty Amount in a sentence

• NOTE 2 – As one suggestion on ensuring public input influences decision making, it is suggested proponents use public feedback from questionnaires or other documented public input to influence / determine priorities or weighting of criteria used in scoring the options in a decision matrix.

• Major Casualty means any casualty to a Ship for which the total insurance claim, inclusive of any deductible, exceeds or may exceed the Major Casualty Amount.

• Repairers' liens Except with approval of the Required Lenders, a Ship shall not be put into any other person's possession for work to be done on such Ship if the cost of that work will exceed or is likely to exceed the Major Casualty Amount unless the Obligors have sufficient funds to meet the cost of such work or the Obligors can evidence to the Administrative Agent that the cost of such work will be met by the insurers of such Ship.

• Our main identifying assumption is that pollution is assigned as good as randomly to umpires after controlling for spatial and temporal fixed effects.18As already noted in the description of dataset construction in Section 4, concern about measurement error on the top and bottom edges of the strike zone mean that our central specifications exclude pitches within 20% of those edges.

• Except with approval (which approval shall not be unreasonably withheld or delayed), the Ship shall not be put into any other person's possession for work to be done on the Ship if the cost of that work will exceed or is likely to exceed the Major Casualty Amount for such Ship unless that person gives the Security Agent a written undertaking in approved terms not to exercise any lien on the Ship or its Earnings for any of the cost of such work.

More Definitions of Major Casualty Amount

Major Casualty Amount means one million US Dollars (US$1,000,000) or the equivalent in any other currency or currencies.

Major Casualty Amount means initially Two Million Dollars ($2,000,000), provided that such amount shall be increased on the fifth (5th) anniversary of the Commencement Date and on each fifth (5th) anniversary of the Commencement Date thereafter occurring during the Term, by the percent increase, if any, in the Consumer Price Index for the month in which the applicable anniversary date occurs over the Consumer Price Index for the month in which the Commencement Date occurs.

Major Casualty Amount means $3,000,000 (or the equivalent in any other currency).

Major Casualty Amount means any casualty to the Vessel in respect whereof the claim or the aggregate of the claims against all insurers, before adjustment for any relevant franchise or deductible, exceeds five hundred thousand Dollars ($500,000) or the equivalent in any other currency;

Major Casualty Amount means, in relation to each Ship or any ‘Substitute Ship’ for a Ship in accordance with clause 25.15 (Substitution of a Mortgaged Ship) three million five hundred thousand dollars ($3,500,000) (or the equivalent in any other currency).

Major Casualty Amount means USD 100,000.00 (one hundred thousand United States Dollars) or the equivalent thereof in any other currency;

Major Casualty Amount means ten million US Dollars (US$10,000,000) or the equivalent in any other currency or currencies.