Retained Limits definition

Retained Limits means the amount stated on the applicable Declarations or certificate of coverage, which will be paid by the Participant or covered party before the Authority is obligated to make any payment from the pooled funds.
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Retained Limits means the dollar amount of loss retained by a facility or provider.
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Examples of Retained Limits in a sentence

  • Climate change is now widely recognised as one of the most significant environmental challenges facing the world today.

  • If, as a result of an occurrence that is a single accident, incident or exposure, employees from two or more Covered Members incur bodily injury, illness, or disease, then the Retained Limits of the involved Covered Members will be adjusted as provided in this provision.

  • If losses for the multiple-Covered Member accident, incident or exposure remain payable after the five year period, the adjusted Retained Limits for the involved Covered Members will continue to apply to the calculation of Authority reimbursement until the employees’ claims are closed and the Authority will not again readjust the involved Covered Members’ Retained Limits.

  • If losses for the multiple-Covered Member accident, incident or exposure remain payable after the five year period, the adjusted Retained Limits for the involved Covered Members will continue to apply to the calculation of Authority reimbursement until the employees’ claims are closed and theAuthority will not again readjust the involved Covered Members’ Retained Limits.

  • A summary of the Limits of Coverage and Retained Limits provided in Program Years is set forth in Appendix B.

  • First, ACE issued to Oak Lawn Public Entity Retained Limits Policy number PEP G2488529A, covering a policy period of March 15, 2010 to March 15, 2011 (the “ACE Policy”).

  • If, as a result of an occurrence that is a single accident, incident or exposure, employees from two or more Covered Members incur bodily injury, illness or disease, then the Retained Limits of the involved Covered Members will be adjusted as provided in this provision.

  • The PEPLP shall provide various Retained Limits from which the Members may choose, subject to the approval of the Board of Directors.

  • The Administrator shall consider, among other factors, the financial needs of the Members when establishing the choices of Retained Limits.

  • To any one employee for bodily injury or death by disease; and If, an employee of two or more Covered Parties incurs a cumulative injury or illness as defined in General Section A(10) then the Retained Limits of the involved Covered Parties will be adjusted by applying the pro-rata percentage of exposure for the Cumulative Trauma period to each Member’s SIR.

Related to Retained Limits

  • Retained limit means the greater of:

  • Indemnity Cap has the meaning set forth in Section 8.4.3.

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Excluded Matters shall have the meaning given such term in Section 13.3 hereof.

  • Sub-Limit Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.

  • Retained Obligations shall have the meaning set forth in Section 2.6.

  • Liability Cap has the meaning ascribed to it in paragraph 1 of Schedule 9;

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Retained Environmental Liabilities means all Environmental Liabilities of Seller or its Affiliates arising out of or relating to operations or activities that are not primarily related to the Business, whether arising or related to the period before or after Closing.

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Bag limit means the maximum number of game animals, game

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Buyer Losses shall have the meaning set forth in Section 8.2.

  • MREL Eligible Liabilities means “eligible liabilities” (or any equivalent or successor term) which are available to meet any MREL Requirement (however called or defined by then Applicable MREL Regulations) of the Issuer under Applicable MREL Regulations;

  • Retained Assets has the meaning set forth in Section 2.2.

  • Schedule of Retained Causes of Action means the schedule of certain Causes of Action of the Debtors that are not released, waived, or transferred pursuant to the Plan, as the same may be amended, modified, or supplemented from time to time.

  • Excluded Environmental Liabilities means any and all Environmental Liabilities whether arising before, at or after the Effective Time, to the extent relating to, resulting from, or arising out of the past, present or future operation, conduct or actions of Xxxxxxx Retained Business.

  • Seller Losses shall have the meaning set forth in Section 9.1(b).

  • 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.

  • SpinCo Assets shall have the meaning set forth in Section 2.2(a).

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnity Threshold has the meaning set forth in Section 9.3.