Examples of Minimum Loss in a sentence
For the purposes of distributing any potential rebates received under the Minimum Loss Ratio rules, the County will use any such rebates to reduce the premium share for members covered by the benefit plan or option generating the rebate.
Minimum Loss Amount As respects each lease agreement, we will not pay for any loss or damage if the amount of loss or damage does not exceed the applicable Minimum Loss Amount shown in thePolicy Schedule.
After the Minimum Loss is exceeded, the Indemnified Party shall be entitled to indemnification for the entire amount of its Damages in excess of the Minimum Loss, subject to the limitations on recovery and recourse set forth in this Article XI.
We will pay the total amount of loss or damage if the amount of loss or damage is in excess of the applicable Minimum Loss Amount shown in the Policy Schedule.If two or more lease agreements, for one or more lessees, are involved in the same occurrence, the applicable Minimum Loss Amount shown in the Policy Schedule will apply toward each lease agreement.
After the Minimum Loss is exceeded, Purchaser shall be entitled to be paid the entire amount of any Losses pursuant to Section 9.2 in excess of (but not including) the Minimum Loss.