Policy Aggregate Limit definition

Policy Aggregate Limit means the “Policy Aggregate Limit” as such term is defined in, and determined in accordance with the provisions of, the Reinsurance Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Policy Aggregate Limit means the aggregate Limit of Liability set forth in Item 4.A.i. of the Declarations. Aggregate Limit means the aggregate Limit of Liability set forth in Item 4.A.ii. for each Insured/Member.

Policy Aggregate Limit means the Policy Aggregate Limit stated in Item 5 of the Declarations.

Examples of Policy Aggregate Limit in a sentence

Such amount is the aggregate amount payable under this Policy pursuant to such insuring agreement and is part of, and not in addition to, the Policy Aggregate Limit of Liability.
The limit of liability payable under each insuring agreement will be an amount equal to the Policy Aggregate Limit of Liability unless another amount is listed in the Declarations.
The purchase of the Optional Extension Period will in no way increase the Policy Aggregate Limit of Liability or any sublimit of liability.
The amount is part of and not in addition to the Policy Aggregate Limit.
The Policy Aggregate Limit of Liability listed in the Declarations (the “Policy Aggregate Limit of Liability”) is the Underwriters’ combined total limit of liability for all Loss payable under this Policy.
Each sublimit will be part of, and not in addition to, this Policy’s Combined Policy Aggregate Limit of Liability and will in no way serve to increase or supplement such limit of liability.
All Dependent Business Loss payable under this Policy is part of and not in addition to the The Underwriters will not be obligated to pay any Loss, or to defend any Claim, after the Policy Aggregate Limit of Liability has been exhausted, or after deposit of the Policy Aggregate Limit of Liability in a court of competent jurisdiction.
The insurance under this Policy shall apply in excess of any other valid and collectible insurance available to any Insured, including any self-insured retention or deductible portion thereof unless such other insurance is written only as specific excess insurance over the Policy Aggregate Limit of Liability or any other applicable Limit of Liability of this Policy.
The Limit of Liability for the Optional Extension Period shall be part of, and not in addition to, the applicable Limit of Liability of the Underwriters for the Policy Period and the exercise of the Optional Extension Period shall not in any way increase the Policy Aggregate Limit of Liability or any sublimit of liability.
The Limit of Liability for the Optional Extension Period shall be part of and not in addition to the Policy Aggregate Limit of Liability.

More Definitions of Policy Aggregate Limit

Policy Aggregate Limit means $350,000,000.

Policy Aggregate Limit means the amount set forth in Item 6 of the Declarations and described in Section III (C) of the Policy.