Settlement Opportunity definition

Settlement Opportunity means an Insurer recommended settlement that is within the Policy Aggregate Limit of Liability, Separate Limit of Liability or Shared Limit of Liability, if any, and that is acceptable to the claimant.
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Settlement Opportunity means a settlement that is within the policy Limit of Insurance, is recommended by us and is agreed to by the claimant.
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Settlement Opportunity means the potential opportunity of the FTCP Business to settle, in full or in part, the matter identified in Item 3 of Section 3.9 of the Disclosure Schedule, discussions with respect to which have occurred prior to the date hereof with the assistance of Honeywell and certain of its Affiliates.
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Examples of Settlement Opportunity in a sentence

  • Notwithstanding the foregoing, this paragraph shall not apply until the Settlement Opportunity Amount exceeds the Retention amount stated in Item 5 of the Declarations.

  • Notwithstanding the foregoing, this paragraph shall not apply until the Settlement Opportunity Amount exceeds the applicable Retention amount stated in Item 3 of the Declarations.

  • Where you want to settle by agreement within the terms of the Settlement Opportunity, the settlement will be based on the position if we were to litigate.

  • Notwithstanding the foregoing, this paragraph shall not apply unless the Settlement Opportunity Amount exceeds the remaining applicable Retention amount.

  • No. The EBT Settlement Opportunity parameters are consistent with the LSS and means all customers are clear about how their liabilities arise and how cases can be settled consistently across HMRC.

  • So we would encourage you to contact us to discuss how the factsof your particular case fit within the terms of the Settlement Opportunity.

  • However, if a Settlement Opportunity arises and the Insureds do not consent to the settlement within the time prescribed above, the Retention amount shall remain the applicable amount set forth in Item 3 of the Declarations even if consent is given to a subsequent Settlement Opportunity.

  • If you are concerned with how your arrangements will be affected by the new legislation, you can respond to the Settlement Opportunity to obtain certainty now about your tax liabilities.

  • Only in exceptional circumstances will HMRC seek to apply any penalties on cases which are settled as part of the EBT Settlement Opportunity.

  • Under the EBT Settlement Opportunity, cases may be settled by way of contract settlement or closure notice.


More Definitions of Settlement Opportunity

Settlement Opportunity means an Insurer recommended settlement that is within any applicable Limit of Liability and that is acceptable to the claimant.
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Related to Settlement Opportunity

  • Investment opportunity means anything, tangible or intangible, that is offered, offered for sale, sold, or traded based wholly or in part on representations, either express or implied, about past, present, or future income, profit, or appreciation.

  • Equal Employment Opportunity For any federally assisted construction contract, as defined in 41 CFR 60-1.3, the contractor, subcontractor, subrecipient shall follow all of the requirements of the Equal Opportunity Clause as stated in 41 CFR 60-1.4.

  • EEOC means the United States Equal Employment Opportunity Commission.

  • Energy Market Opportunity Cost means the difference between (a) the forecasted cost to operate a specific generating unit when the unit only has a limited number of available run hours due to limitations imposed on the unit by Applicable Laws and Regulations, and (b) the forecasted future Locational Marginal Price at which the generating unit could run while not violating such limitations. Energy Market Opportunity Cost therefore is the value associated with a specific generating unit’s lost opportunity to produce energy during a higher valued period of time occurring within the same compliance period, which compliance period is determined by the applicable regulatory authority and is reflected in the rules set forth in PJM Manual 15.

  • NLRB means the United States National Labor Relations Board.

  • Government Agency means the government of the Commonwealth of Australia or an Australian State, Territory or local government and includes their authorities, agencies, government owned corporations and authorised officers, courts and tribunals;

  • Settlement Procedures means the Settlement Procedures attached hereto as Exhibit A.

  • EPA means the United States Environmental Protection Agency.

  • Authority or Housing Authority (HA) means the Housing Authority.

  • Nuclear Regulatory Commission (NRC) means the U.S. Nuclear Regulatory Commission or its duly authorized representatives.

  • ASX Settlement Operating Rules means the rules of ASX Settlement Pty Ltd which apply while the Company is an issuer of CHESS approved securities;

  • Water Authority means the body corporate known as the Water Authority of Western Australia established by the Water Authority Xxx 0000;

  • Best management practice or "BMP" means schedules of activities, prohibitions of practices, including both structural and nonstructural practices, maintenance procedures, and other management practices to prevent or reduce the pollution of surface waters and groundwater systems from the impacts of land-disturbing activities.

  • NYSDEC means the New York State Department of Environmental Conservation.

  • Settlement Procedures Timetable For offers to purchase Certificated Notes accepted by the Company, Settlement Procedures A through F set forth above shall be completed as soon as possible following the trade but not later than the respective times (New York City time) set forth below: Settlement Procedure Time ---------- ----

  • Criminal justice agency means (i) a court or any other governmental agency or subunit thereof

  • FTC means the United States Federal Trade Commission.

  • Commission means the Securities and Exchange Commission.

  • Best management practices (BMP) means schedules of activities, prohibitions of practices, maintenance procedures, and other management practices to prevent or reduce the pollution of waters of the United States. BMPs include treatment requirements, operation procedures, and practices to control plant site runoff, spillage or leaks, sludge or waste disposal, or drainage from raw material storage.

  • National Labor Relations Act means the National Labor Relations Act, as amended.

  • Government Authority means any foreign or domestic federal, state, provincial, municipal, county, city or local legislative, administrative or regulatory authority, agency, court, body or other governmental or quasi-governmental entity with competent jurisdiction, including any supranational body.

  • Virginia Stormwater Management Program authority or "VSMP authority" means an authority approved by the State Board after September 13, 2011, to operate a Virginia Stormwater Management Program.

  • Free appropriate public education means special education and related services that are provided at public expense and under public supervision and direction, and without charge, meet the standards of the Department of Public Instruction, include an appropriate preschool, elementary or secondary school education; and are provided in conformity with an IEP.

  • Health Authority means the regional health board designated under the Health Authority Act, RSBC 1996, c.180, or the Provincial Health Services Authority, to which the Participant is designated under Schedule 1 (Return of Service Placement Process) of this Contract, unless designated otherwise by the Province;

  • Civil union means a civil union established pursuant to Act 91 of the 2000 Vermont Legislative Session, entitled “Act Relating to Civil Unions”.

  • Federal Awarding Agency means a Federal agency providing a Federal Award to a Recipient as described in 2 CFR §200.37