Significant claim definition

Significant claim means a claim whose total value or maximum claim value, whichever is lower, will be greater than the employer's total limited losses (TLL) as defined in rule 4123-17-03 of the Administrative Code.
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Significant claim means a claim whose total value or maximum claim value, whichever is lower, will be greater than the employer's total limited losses (TLL) as defined in rule 4123-17-03 of the Administrative Code. For Effective July 1, 2020, for private employers whose expected losses fall below the minimum expected loss provided in appendix A to rule 4123-17-05.1 of the Administrative Code, a TLL of seven three hundred dollars shall be used.; for public employer taxing districts whose expected losses fall below the minimum expected loss provided in Appendix A of rule 4123-17-33.1, a TLL of five hundred and fifty dollars shall be used.
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Significant claim means a claim whose total value or maximum claim value, whichever is
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Examples of Significant claim in a sentence

  • Significant claim" means a claim whose total value or maximum claim value, whichever is lower, will be greater than the employer's total limited losses (TLL) as defined in rule 4123-17-03 of the Administrative Code.

  • Significant claim" means a claim whose total value or maximum claim value, whichever is lower, will be greater than the employer's total limited losses (TLL).(B) Application and withdrawal processes.An employer's participation in the OCP is voluntary and shall be for a maximum of four policy years in relationship to a specific significant claim.


More Definitions of Significant claim

Significant claim means a claim whose total value or maximum claim value, whichever is lower, will be greater than the employer's total limited losses (TLL).
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Significant claim means product warranty claims involving a single product line for which the warranty claims exceed in the aggregate $5,000. Buyer and Seller agree to cooperate in first seeking recovery from the product vendors. If unsuccessful, Seller's indemnification obligation on each Significant Claim shall be for 50% of the loss, and Seller's maximum liability per Significant Claim shall be $10,000. Seller's obligation under this Section shall lapse as of September 30, 2001.
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Significant claim means product warranty claims involving a single product line for which the warranty claims exceed in the aggregate $5,000. Buyer and Seller agree to cooperate in first seeking recovery from the product vendors. If unsuccessful, Seller's indemnification obligation on each Significant Claim shall be for 50% of the loss, and Seller's maximum liability per Significant Claim shall be $10,000. Seller's obligation under this Section shall lapse as of September 30, 2001.
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Related to Significant claim

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Significant change means a major decline or improvement in the tenant’s status which does not normally resolve itself without further interventions by staff or by implementing standard disease-related clinical interventions that have an impact on the tenant’s mental, physical, or functional health status.

  • Significant tree means a tree:

  • Tax Proceeding has the meaning set forth in Section 5.2(a).

  • Significant emissions unit means an emissions unit that emits or has the potential to emit a PAL pollutant in an amount that is equal to or greater than the significant level (as defined in section 140 or in the Act, whichever is lower) for that PAL pollutant, but less than the amount that would qualify the unit as a major emissions unit as defined in section 079.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Allegation means any written or oral statement or other indication of possible scholarly misconduct made to an institutional official.

  • Significant Subsidiary means any Restricted Subsidiary that would be a “significant subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in effect on the Issue Date.