Total Loss Valuation definition

Total Loss Valuation means the value of Your Vehicle at the date of the incident which caused Your Vehicle to be declared a Total Loss. This will exclude any contents or any compensation for third party claims, personal injury, vehicle rental charges or any other out of pocket expenses as assessed by the insurer of the Comprehensive Motor Vehicle Insurance policy.
Sample 1Sample 2

Examples of Total Loss Valuation in a sentence

  • Failure to do this may result in Your Claim being settled based on the Glass’s Guide Retail Transacted Value and not the Total Loss Valuation applied by Your Asset Insurer.

  • If You fail to do so, Your claim amount could be reduced to the extent your failure has prejudiced Us.• Before You accept any Total Loss Valuation from an Asset Insurer, You must notify the AWN Claims Team on (07) 3802 5577.

  • Both of these values will be included when we refer to the Agreement for Materials and Intellectual Property.November 2, 2005, Mitchell released its product to the market under the name Total Loss Valuation (“TLV”).

  • Failure to do this may result in Your claim being settled based on the Glass’s Guide Retail Transacted Value and not the Total Loss Valuation applied by Your Comprehensive Motor Vehicle Insurance provider.

  • Following a valid Claim, where Your Asset is declared a Total Loss by Your Comprehensive Asset Insurance provider, We will pay the difference, up to the Sum Insured shown on Your Policy Schedule, between the Total Loss Valuation of Your Asset and the Purchase Price of Your Asset or, if greater,the Early Settlement Amount that You owe Your Finance Company.

  • As demonstrated by Paragraph 21 of JEV Affidavit, Paragraphs 6-8 of SM Affidavit and Paragraphs 2-4 of the Affidavit submitted by Peter LaPlaca, the CARFAX Total Loss Valuation Service does not, and does not allow an insurance company to, make arbitrary deductions from the retail value of the loss vehicle.

  • What prices would you be prepared to pay for cassava-based products (range of price depending on quality).

  • CARFAX Total Loss Valuation Service meets the three part test established by DBR for the approval of a claims valuation product: 1) the applicant is a nationally recognized compilation of retail values; 2) commonly used in the automotive industry; 3) without arbitrary deductions.CARFAX respectfully requests the Hearing Officer grant CARFAX’s petition for the approval of the CARFAX Total Loss Valuation Service based on the documents submitted by CARFAX.

  • Non-participants attending the training received the same instruction and all attendees of the advocacy trainings used in the study were provided the opportunity to receive a free video tape or DVD with the worked examples formatted video segment at the conclusion of the study.

  • Not only does the CARFAX Total Loss Valuation Service help provide the fair market value of a loss vehicle immediately prior to the total loss event, as described in Paragraph 5 of Peter LaPlaca’s Affidavit, the CARFAX Total Loss Valuation Report includes information on vehicles of like kind and quality available for sale.

Related to Total Loss Valuation

  • Total Loss Date means, in relation to a Ship:

  • Excess valuation assets for a valuation period means, with

  • Total Loss means, in relation to a Ship:

  • Stipulated Loss Value is the value of each unit of Hardware at various times during the Lease as specified in the applicable Schedule; however, in no event will the Stipulated Loss Value of a Hardware unit exceed its fair market value.

  • Total Loss Proceeds means the proceeds of any insurance or any compensation or similar payment arising in respect of a Total Loss.

  • SPS Valuation Date means the SPS FR Barrier Valuation Date or the Strike Date, as applicable.

  • Fair Valuation means the determination of the value of the consolidated assets of a Person on the basis of the amount which may be realized by a willing seller within a reasonable time through collection or sale of such assets at market value on a going concern basis to an interested buyer who is willing to purchase under ordinary selling conditions in an arm’s length transaction.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of applicable building codes, ordinances or laws, and without deduction for depreciation.

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • ST Valuation Date means the Redemption Valuation Date.

  • Gross Value means the wholesale price, or, if there be no such price, the estimated value, with, in either case, freight, landing charges, and duty paid beforehand; provided that, in the case of goods or merchandise customarily sold in bond, the bonded price is deemed to be the gross value. “Gross proceeds” means the actual price obtained at a sale where all charges on sale are paid by the sellers.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • full insurable value means one hundred percent (100%) of the actual replacement cost of the Property (excluding foundation and excavation costs and costs of underground flues, pipes, drains and other uninsurable items).

  • Total Value means either the fair market value or the actual price paid for a covered animal part or product, whichever is greater.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Total Intrinsic Loss Estimate means the sum of the SF1-4 Intrinsic Loss Estimate in the Single Family Shared-Loss Agreement, and the Commercial Intrinsic Loss Estimate in the Commercial Shared-Loss Agreement, expressed in dollars.

  • Approved Valuation Firm means (a) each of (i) Xxxxxxxx Xxxxx Xxxxxx & Xxxxx, (ii) Lincoln International LLC (f/k/a Lincoln Partners LLC), (iii) Duff & Xxxxxx Corp. and (iv) Valuation Research Corporation, and (b) any other nationally recognized valuation firm approved by each of the Borrower and the Administrative Agent in their sole reasonable discretion.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Contractor under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.