Total Loss definition

Total Loss means, in relation to a Ship:

Total Loss means any actual or constructive or arranged or agreed or compromised total loss or Compulsory Acquisition of the Vessel;

Total Loss means Your Vehicle is the subject of accidental or malicious damage, fire or theft to the extent that Your Vehicle is beyond economical repair and has been recorded and registered as salvage categories A, B, C or D and a claim is paid as full and final settlement under the Motor Insurance, or third party motor insurance company.

Examples of Total Loss in a sentence

• If you submit a claim online, you will need the unique Claim ID found on the Claim Form attached to this Notice or the claim number associated with the Total Loss.

• TAVT is determined by applying the applicable TAVT percentage rate to the fair market value of the Total Loss Vehicle set by the DOR for TAVT at the time of the loss.

• Cover Benefit Limit In the event of a Total Loss within the Territorial Limits, the Policy will pay the following benefits.

• Unless you request exclusion from the Settlement Class, you give up the right to individually sue GEICO and claim you are owed TAVT as part of your Covered Total Loss Claim, even if you do not submit a Claim for payment as part of this Settlement.

• ADDITIONAL EXCESS COVER Cover Benefit Limit In the event of a successful claim under Your Comprehensive Motor Insurance that does not relate to a Total Loss, or for glass repair or replacement, and where Your Excess cannot be recovered from a liable third party, We will provide a reimbursement for the applicable Excess payable by You.

More Definitions of Total Loss

Total Loss means the actual or constructive total loss (as a result of theft or material damage to the motor vehicle) resulting in a payment under your motor insurance policy.

Total Loss means any loss or damage that is not repairable or that would cost more to repair than the market value of the Equipment.

Total Loss means in relation to a Ship:

Total Loss means, in relation to each Vessel:

Total Loss means, in relation to each Ship:

Total Loss means, in relation to each Vessel, the actual or constructive or compromised or arranged total loss of that Vessel, requisition for title or other compulsory acquisition of that Vessel (otherwise than by requisition for hire) or capture, seizure, arrest, detention or confiscation of that Vessel by any Governmental Agency or by persons acting or purporting to act on behalf of any Governmental Agency unless that Vessel be released and restored to the relevant Borrower from such capture, seizure, arrest, detention or confiscation within one month after the occurrence thereof.

Total Loss means an actual or constructive or arranged total loss as a result of the Vehicles being lost, destroyed, stolen, confiscated, damaged beyond economic repair or otherwise rendered unfit for or unable to be used and the date of such Total Loss shall be the date of the loss, destruction, theft, confiscation or damage beyond economic repair.