Single Loss definition

Single Loss means all Loss arising from each Claim.

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Single Loss means: (1) all loss resulting from any one actual or attempted Theft committed by one person, or (2) all loss caused by any one act (other than a Theft or a Dishonest or Fraudulent Act) committed by one person, or (3) all loss caused by Dishonest or Fraudulent Acts committed by one person, or (4) all expenses incurred with respect to any one audit or examination, or (5) all loss caused by any one occurrence or event other than those specified in subsections (1) through (4) above.

Single Loss has the meaning set forth in section VI. CONDITIONS, D.

Examples of Single Loss in a sentence

• Coordination Among Coverage Parts, if a Single Loss is covered under more than one Coverage Part and if more than one retention applies to such Single Loss, the maximum total retention amount applicable to such Single Loss shall be the highest of such applicable retentions.

• Each Single Loss Limit on an Insured Buyer under this Policy and preceding or future Policies / approvals issued by us for you is non-cumulative.

• We shall not be liable for payment of any loss if at the time of dispatch, there was NIL Single Loss Limit on the buyer.

• If a Single Loss is covered under more than one Insuring Agreement or Coverage, the Single Loss Limit of Insurance for each applicable Insuring Agreement or Coverage will apply separately to that part of the loss covered under such Insuring Agreement or Coverage, provided that the maximum payable for such Single Loss will not exceed the largest applicable Single Loss Limit of Insurance, or the remaining Aggregate Limit of Insurance, whichever is less.

• The Single Loss Limit of Liability set forth in ITEM 3(a) of the Declarations shall be the Insurer’s maximum liability under this Bond for any one loss.

• The Company's total liability for any loss discovered during such additional period of time is part of, and not in addition to, the Single Loss Limit of Insurance or the Aggregate Limit of Insurance, whichever is less, of the Bond Period that terminates immediately preceding the effective date of such additional period.

• No more than one Single Loss Limit / Policy shall be in effect for any one buyer regardless of the number of years this limit/policy or any prior, replacement or renewal Policy is in force.

• Where an application is made by you and we have approved and communicated to you in writing an amount, the amount so specified shall be the Single Loss Limit in respect of that Insured Buyer and the limit so approved shall cease to be in force on its cancellation/termination or the date of expiry/cancellation/termination of the Policy, whichever is earlier.

• When more than one Single Loss Limit / Policy is issued/renewed for an Insured buyer to you, the applicable limit in effect for the Insured buyer will be the maximum among all the limits available (and not cumulative) and the respective limits in force as on the relevant shipment date(s) in claim in a chronological order are also to be taken, for arriving at the Insured loss.

• A Limit so approved by us shall always be subject to the terms and conditions including the terms of payment specified in or appended to our relevant Single Loss Limit approval and will also be subject to such modifications as we may make and communicate to you from time to time, including its cancellation.

More Definitions of Single Loss

Single Loss means all covered loss, including court costs and attorneys' fees incurred by the Underwriter under General Agreement F, resulting from which no Employee is implicated, or

Single Loss means all loss covered under this Bond resulting from:

Single Loss means a covered claim payable by the Company arising out of a single negligent act, error, or omission or series of related negligent acts, errors, or omissions by the Insured.

Single Loss means, in respect of Insuring Agreement VII (d) only, a "loss" resulting from telephone long-distance toll- call charges incurred over a period of not more than thirty (30) days inclusive of the date on which the first such telephone long-distance toll-call charge was incurred.

Single Loss will mean any one act or omission (or any series of related acts or omissions) that results in liability referred to in SECTION 8.2, unless such term is used in connection with a loss covered by Customer's Financial Institution Bond Insurance Policy (or its substitute), if Customer elects to maintain such policy, in which case it will mean all losses covered by such policy resulting from: (a) any one act or series of related acts of burglary, robbery, or attempted thereat, in which no employee (as such term is defined in such policy) is implicated, or (b) any one act or series of related unintentional or negligent acts or omissions on the part of any person, whether an employee (as such term is defined in such policy) or not, resulting in the damage to or destruction or misplacement of property (as such term is defined in such policy), or (c) all acts or omissions other than those specified in the preceding subsections (a) and (b) caused by any person or in which such person is implicated, or (d) any one casualty or event not specified in the preceding subsections (a), (b), or (c).