Sub-Limit. Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.
Sub-Limit means a cost sharing requirement under a health insurance policy in which an Insurer would not be liable to pay any amount in excess of the pre-defined limit.
Sub-Limit means a cost sharing requirement under a policy in which an insurer would not be liable to pay any amount in excess of the pre-defined limit. As specified in the Certificate of Insurance a sublimit can also be interpreted in time – hours/days
Examples of Sub-Limit in a sentence
This Sub-Limit forms part of, and is not payable in addition to the INDEMNITY LIMIT.
This Sub-Limit forms part of, and is not payable in addition to, the INDEMNITY LIMIT.
The maximum liability of the Insurer during the Policy Period under this Extension shall be the lesser of 10% of the Limit of Liability or the maximum aggregate Sub-Limit of £100,000.
In the event of a Sub-Limit not being stated in this Policy the Insurer(s) liability shall be limited to the amount as described in sub-paragraph (a) of this provision.
The maximum payable by RSA during the Period of Insurance under this extension shall be the lesser of 10% of the Fidelity Limit of Indemnity or the maximum aggregate Sub-Limit of £25,000.
More Definitions of Sub-Limit
Sub-Limit means the sub-limit which you have assigned to the Cardholder, if applicable, from the Credit Limit, provided the aggregate of all Sub-Limits does not exceed the Credit Limit.
Sub-Limit. With respect to the characteristics of the Mortgage Assets or Purchased Assets, as applicable:
Sub-Limit means any credit sub-limit which you have assigned to a Cardholder’s Sub-Card Account, which forms part of the Credit Limit;
Sub-Limit means a cost sharing requirement under a health insurance policy in which an insurer wouId not be Iiable to pay any amount in excess of the pre-defined Iimit.
Sub-Limit. The composition of Purchased Assets transferred to Buyer shall at all times meet the following sublimit caps, and no Market Value shall be ascribed to any Purchased Assets:
Sub-Limit means any of the Web-Ink Sub-Limit, the Second Lien --------- Sub-Limit, the Second Lien CLTV Sub-Limit, the Mortgage Loan Sub-Limit, the Jumbo Sub-Limit, the Jumbo(500) Sub-Limit, the Jumbo(750) Sub-Limit at any time, and the C/C- Credit Sub-Limit.
Sub-Limit means the maximum amount the Insured(s) can collect under a specified section of the Policy.