Nominal Deductibles definition

Nominal Deductibles means the amount of any deductible or excess to be paid by the Contractor as described in clause 3.5.5.
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Examples of Nominal Deductibles in a sentence

  • Any damage to contents caused by the Contractor will result in the Contractor being liable for payment to the Principal for any specified Nominal Deductibles.

  • Damage to Principal owned property caused by the Contractor will result in the Contractor being liable for payment to the Principal of Nominal Deductibles.

  • The Nominal Deductibles are (subject to clause 6.5 Schedule 2): For damage arising out of the works: $5,000 or $25,000 for loss arising from testing and commissioning For other claims $5,000 The existing structures to be insured by the Principal are: [None] • [[{.

  • Nominal deductibles are specified amounts equal to, or less than, the sum of any excess required to be applied under the policy (Nominal Deductibles).

  • Other structures in the vicinity are: [None] • [[{…}]] [{…}] ] Lead insurer is: Vero Insurance New Zealand Limited The Nominal Deductibles are (subject to clause 6.5 Schedule 2): $25,000 for damage arising out of the Works and for other claims.

  • The Nominal Deductibles are (subject to clause 6.5 Schedule 2): For damage arising out of the works: $5,000 or $25,000 for loss arising from testing and commissioning For other claims $5,000 The existing structures to be insured by the Principal are: [None] • [[{…}]] [{…}] ] Lead insurer is: Vero Insurance New Zealand Limited The Nominal Deductibles are (subject to clause 6.5 Schedule 2): $25,000 for damage arising out of the Works and for other claims.

Related to Nominal Deductibles

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

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

  • Developed exclusively at private expense means development was accomplished entirely with costs charged to indirect cost pools, costs not allocated to a government contract, or any combination thereof.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

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  • Coverage territory means the United States of America (including its territories and possessions), Puerto Rico and Canada.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Disabled parking license plate means a license plate that displays the international symbol of access

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • State average current expense appropriations per student means the most

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Salvage Yard means any non-residential property used for the storage, collection, and/or recycling of any type of equipment, and including but not limited to vehicles, appliances and related machinery.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Net direct written premiums means direct gross premiums written in this state on insurance policies subject to this chapter, less return premiums and dividends paid or credited to policyholders on such direct business. “Net direct written premiums” does not include premiums on a contract between insurers or reinsurers.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and