Statutory definition

Statutory means officially written down in a law. “Liable/liability” means legally responsible.
Statutory means conferred by an enactment.
Statutory means arising by virtue of an Act;

Examples of Statutory in a sentence

  • General Liability: $1,000,000 each Occurrence/Aggregate Automobile Liability: $300,000 Includes owned, hired & non-owned Workers' Compensation: Statutory limits for the jurisdiction in which the Vendor performs under this Agreement.

  • General Liability: $1,000,000 each Occurrence/Aggregate Automobile Liability: $300,000 Includes owned, hired & non‐owned Workers' Compensation: Statutory limits for the jurisdiction in which the Vendor performs under this Agreement.

  • The minimum limits of insurance required of the Contractor by MPS shall be: Workers’ Compensation Statutory Limits Employers’ Liability $100,000 per occurrence General Liability $1,000,000 per occurrence/$2,000,000 aggregate Auto Liability $1,000,000 per occurrence Umbrella (excess) Liability $1,000,000 per occurrence The Milwaukee Board of School Directors shall be named as an additional insured under Contractor’s and subcontractors’ general liability insurance and umbrella liability insurance.

  • For the purposes of calculating the bonus set out by this letter of understanding, only the following hours will be utilized: Regular hours worked, Overtime hours (paid at the regular premium rate), Worked Statutory Holidays (paid at the regular premium rate), Paid sick leave, Paid bereavement leave and other paid leaves of absence.

  • Unless we receive your written instruction to the contrary, BNL shall treat receipt of payment from you and of any claim payment and/or refund of premium which fall due to you, as being with your informed consent to the payment of those monies into a BNL Non Statutory Trust bank account.


More Definitions of Statutory

Statutory means contained in, or in an instrument made under, any Act or any Northern Ireland legislation.
Statutory. Provision” In this Agreement where appropriate, reference to a statutory provision (including for the avoidance of doubt a reference to an FCA rule) includes a reference to the same as modified, re-enacted or both from time to time before or after the date of this Agreement and any subordinate legislation made under the same before or after the date of this Agreement.
Statutory. , in relation to any function, means conferred by virtue of this Act or any other enactment,”
Statutory means enacted, regulated, or authorized by legislation or regulation.‌
Statutory means having effect by virtue of an enactment.
Statutory means that the grant comes from the Government or a local body such as the Council, Health Authority, or Education Authority. Money is given to voluntary groups for work that the Government or local agencies have identified as necessary.
Statutory body” means—