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.

Examples of Nominal Deductibles in a sentence

  • 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 [None] • [[{.

  • Finally, the concluding chapter IV adds on conclusions and recommendations drawn and conservation implication for the area.

  • 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.

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.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

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

  • Medical malpractice settlement means any written agreement and release entered into by or on

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • insurance period means a contribution period or an equivalent period;

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

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.

  • Continuous period of creditable coverage means the period during which an individual was covered by creditable coverage, if during the period of the coverage the individual had no breaks in coverage greater than sixty-three (63) days.

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

  • Maximum Generation Emergency Alert means an alert issued by the Office of the Interconnection to notify PJM Members, Transmission Owners, resource owners and operators, customers, and regulators that a Maximum Generation Emergency may be declared, for any Operating Day in either, as applicable, the Day-ahead Energy Market or the Real-time Energy Market, for all or any part of such Operating Day.

  • 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.

  • Minimum Generation Emergency means an Emergency declared by the Office of the Interconnection in which the Office of the Interconnection anticipates requesting one or more generating resources to operate at or below Normal Minimum Generation, in order to manage, alleviate, or end the Emergency.

  • Dental laboratory means a person, firm or corporation

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Net Insurance Proceeds Insurance Proceeds, to the extent such proceeds are not to be applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the express requirements of the Mortgage or Note or other Loan Documents included in the Mortgage File or in accordance with the Servicing Standard, or with respect to the environmental insurance policy, applied to pay any costs, expenses, penalties, fines or similar items; provided that, in the case of an Outside Serviced Mortgage Loan, “Net Insurance Proceeds” under this Agreement shall be limited to any related Insurance Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

  • Terminal Illness means a person is diagnosed by a Physician to have a prognosis of 12 months or less to live.

  • 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 to which this Act applies, less return premiums thereon and dividends paid or credit to policyholders on such direct business. “Net direct written premiums” does not include premiums on contracts 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

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Paid sick leave – means paid leave under the Emergency Paid Sick Leave Act.