We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Sublimits definition

Sublimits shall have the meaning as set forth in Section 2.1.4.
Sample 1Sample 2Sample 3
Sublimits means the L/C Sublimit, the Swing Line Sublimit, the Multicurrency Sublimit and the UK Borrowers Sublimit.
Sample 1Sample 2Sample 3
Sublimits means any limit or limits of insurers' liability in the Primary Policy imposed in respect of a particular category of loss or liability (as applicable) and which specifies that the maximum liability of the insurer shall be less than the otherwise generally applicable limit of liability of the Primary Policy.
Sample 1Sample 2Sample 3

Examples of Sublimits in a sentence

  • Sublimits: Flood - Income values - BI and Boiler & Machinery $100 mil., Earthquake - $100 PML, fire protection mil., $10 mil extra expense.

  • Sub-limits below the policy limits for sexual misconduct coverage are acceptable solely at the discretion of the District.

  • The Limits of Liability and Sublimits of Liability apply regardless of the number of Claims made or the number of persons or organizations making Claims against the Insured.

  • All other persons or organizations included under the definition of Insured share such Limits of Liability and Sublimits of Liability with the Licensee.

  • The Declarations sets forth the Company’s Limits of Liability and Sublimits of Liability for the Licensee.


More Definitions of Sublimits

Sublimits shall have the meaning assigned to that term in Section 2.6.1.
Sample 1Sample 2
Sublimits means, collectively, the Bid Loan Sublimit, each Borrowing Subsidiary Sublimit, the Aggregate Borrowing Subsidiary Sublimit, the Letter of Credit Sublimit and the Swing Line Sublimit. Each Sublimit is part of, and not in addition to, the Aggregate Commitments.
Sample 1
Sublimits means the Conforming/Government Advance Sublimit, the Jumbo Advance Sublimit, the Alt A Advance Sublimit, the Subprime Advance Sublimit, the Co-Op Advance Sublimit, the Second Mortgage Loan Advance Sublimit, and the Wet Advance Sublimit.
Sample 1Sample 2
Sublimits means, collectively, the Repurchase Sublimit, the Capital Expenditure Sublimit and the Working Capital Sublimit.
Sample 1
Sublimits is defined in Section 1.1.
Sample 1
Sublimits. Part A Aggregate Sublimit: The maximum amount of Part A Covered Losses indemnified under this Agreement shall be limited to Two Hundred Seventy Five Million Dollars ($275,000,000), LESS the aggregate amount of Mortality Cover Purchase Charges paid or due to be paid by the Company to the Reinsurer. However, the Part A Aggregate Sublimit shall never be less than zero. 5 This Part A Aggregate Sublimit is the maximum amount payable by the Reinsurer for Part A Covered Losses under this Agreement. Under no circumstances will the Reinsurer be obligated to pay more than this amount in respect of Part A Covered Losses. Part B Sublimit The maximum amount of Part B Covered Losses indemnified under this Agreement shall be limited to Two Million Five Hundred Thousand Dollars ($2,500,000) for any individual insured.
Sample 1
Sublimits means those sublimits set forth in the Pricing Side Letter.
Sample 1