Windstorm deductible definition

Windstorm deductible means a deductible applicable to an event involving damage to property as a result of wind which is not a Hurricane. This term does not include traditional all perils deductibles.
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Windstorm deductible means the Deductible applicable in any one occurrence of loss or damage caused directly or indirectly by "windstorm".
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Windstorm deductible means the amount of loss that a policyholder shall be responsible for before the insurer will pay, up to the limits of a policy, in the event of a covered loss resulting from wind, including a tornado, cyclone, or high winds; and
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Examples of Windstorm deductible in a sentence

  • For Tier 1 and Tier 2, Named Windstorm deductible shall not exceed 2% of the Project values in place at the time of the loss.

  • Enter minimum Windstorm deductible for each occurrence for Insured Locations.

  • Not Applicable/%Percent of the Total Project Value at risk at the time of the loss,subject to $ minimum per OccurrenceIt is understood that the Named Windstorm deductible shall apply to all loss or damage that is Named Windstorm related, including but not limited to loss or damage caused by or resulting from wind, hurricane, hail, tornado, Flood, Water Damage, wave wash, wind driven rain, sewer backup, and mudslide.

  • The greater of (Enter numeric %) % of the total PD and TE values at the insured location(s) where the loss occurs, or $Enter minimum Windstorm deductible for each occurrence for Insured Locations.

  • The Port desires to maintain this protection with comparable or higher limits.The policy contains the following deductibles: The Name Windstorm deductible will be determined based on the value of each building and its contents that are damaged.

  • The Windstorm or Hail Deductible applies whenever there is an occurrence of Windstorm or Hail except in the event loss or damage is the result of a Named Windstorm, as defined below and at the location(s) identified, in which case the Named Windstorm deductible shall apply.

  • Except for the peril of fire and lightning, each item of insurance is subject to a minimum 1% All Perils Deductible ($250 minimum) and, in Tiers 2 and 3*, a 2% Named Windstorm deductible.

  • Proposal I Proposal I, State Administration and State Imposition of Tax, is patterned after Virginia’s communications reform legislation.

  • The Named Windstorm deductible will not be determined based on the Port’s Total Insured Values.

  • For Tier 1 and Tier 2, Named Windstorm deductible shall not exceed 2% of the project values in place at the time of the loss.

Related to Windstorm deductible

  • Deductible has the meaning set forth in Section 11.1(e).

  • windstorm means straight line winds of at least 80 miles per

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Earthquake insurance, if the Leased Property is currently, or at any time in the future, located within a major earthquake disaster area, in amount, and in such form and substance and with such limits and deductibles as are satisfactory to Landlord; and

  • Catastrophic Damage as used hereunder is major change or damage to In- cluded Timber on Sale Area, to Sale Area, to access to Sale Area, or a combination thereof:

  • Exclusions means that certain things are deliberately not covered in a particular policy type

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • Minimal risk means that the probability and magnitude of harm or discomfort anticipated in the research are not greater in and of themselves than those ordinarily encountered in daily life or during the performance of routine physical or psychological examinations or tests.

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Fund which are stock, including all Outstanding Series A Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • Insured Casualty has the meaning set forth in Section 5.1(x)(iv)(B).

  • Tail risk means a risk that occurs either where the frequency of low probability events is higher than expected under a normal probability distribution or where there are observed events of very significant size or magnitude.

  • Property damage means physical injury to, destruction of, or loss of use of tangible property.

  • Coverage Area means the area described in the Website for which Nearmap has available Products, which may cover part or all of that area and which may cover part (but not all) of the area covered by the Survey.

  • Covered Loss or “Covered Losses” means an accidental death, dismemberment, or other Injury covered under the Policy.

  • Covered Losses means any and all losses, assessments, fines, penalties, administrative orders, obligations, judgments, amounts paid in settlement, costs, expenses, liabilities and damages (whether actual, consequential or punitive), including interest, penalties, reasonable court costs and attorney’s fees, disbursements and costs of investigations, deficiencies, levies, duties and imposts.

  • Electrical Losses means all applicable losses, including the following: (a) any transmission or transformation losses between the CAISO revenue meter(s) and the Delivery Point; and

  • REASONABLY SAFE FROM FLOODING Means base flood waters will not inundate the land or damage structures to be removed from the floodplain and that any subsurface waters related to the base flood will not damage existing or proposed buildings.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Collision means the upset of "your covered auto" or a "non-owned auto" or their impact with another vehicle or object. Loss caused by the following is considered other than "collision":