Per Occurrence Limit definition

Per Occurrence Limit means the maximum amount payable under a specific Coverage per incident during the Policy / Cover Period.
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Per Occurrence Limit means maximum amount that can be reimbursed for ANY ONE ILLNESS covered under the scope of the policy.
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Per Occurrence Limit means the maximum amount payable under a specific Coverage per incident during thePolicy / Cover Period.
Sample 1

Examples of Per Occurrence Limit in a sentence

  • At a minimum, the limits of the insurance shall be: $2,000,000 General Aggregate $2,000,000 Products/Completed Operations Aggregate $1,000,000 Per Occurrence Limit $1,000,000 Personal and Advertising Injury Limit $100,000 Fire Legal Liability $10,000 Medical Payments The policy shall also be endorsed to provide the State with 30-day prior written notice of cancellation or material change to the policy.

  • That he and Polycarp were fellow-disciples under St. John, is a tradition by no means inconsistent with anything in the Epistles of either.

  • Covered Purchases that are a pair or a set will be limited to the cost of repair or replacement of the specific item if repairable or replaceable; otherwise, the value of the pair or set will be covered, not to exceed the Per Occurrence Limit.

  • The Insurer will pay for loss of Covered Purchases due to Accidental Damage or Theft, occurring within one hundred eighty (180) days from the date of purchase as indicated on the store receipt, up to the Per Occurrence Limit, and subject to the Annual Aggregate Limit per Cardholder.• Covered Purchases given as gifts are covered.• Covered Purchases include internet purchases.• Covered Purchases do not have to be registered.

  • At a minimum, the limits of the insurance shall be: $ 2,000,000 General Aggregate $ 2,000,000 Products/Completed Operations Aggregate $ 1,000,000 Per Occurrence Limit $ 1,000,000 Personal and Advertising Injury Limit $ 100,000 Fire Legal Liability $ 10,000 Medical Payments The policy shall also be endorsed to provide the State with 30-day prior written notice of cancellation or material change to the policy.

  • Contractors Pollution Liability (CPL) Per Occurrence Limit $50,000,000 Aggregate Limit for all Pollution Conditions $50,000,000 Insurer is as follows; Ironshore Specialty Insurance The Contractors Pollution Policy covers Bodily Injury and Property Damage arising from a Pollution Condition.

  • The Insurer will pay for loss of Covered Purchases due to Accidental Damage or Theft, occurring within ninety (90) days from the date of purchase as indicated on the store receipt, up to the Per Occurrence Limit, and subject to the Annual Aggregate Limit per Cardholder.• Covered Purchases given as gifts are covered.• Covered Purchases include internet purchases.• Covered Purchases do not have to be registered.

  • The Insurer will pay for loss of Covered Purchases due to Accidental Damage or Theft, occurring within ninety (90) days from the date of purchase as indicated on the store receipt, up to the Per Occurrence Limit, and subject to the Annual Aggregate Limit per Cardholder. Covered Purchases given as gifts are covered. Covered Purchases include internet purchases. Covered Purchases do not have to be registered.

  • At a minimum, the limits of the insurance must be: $ 2,000,000 General Aggregate $ 2,000,000 Products/Completed Operations Aggregate $ 1,000,000 Per Occurrence Limit $ 1,000,000 Personal and Advertising Injury Limit $ 100,000 Fire Legal Liability $ 10,000 Medical Payments The policy must be endorsed to provide the State with 30-days prior written notice of cancellation or material change to the policy.

  • At a minimum, the limits of the insurance must be: $ 1,000,000 General Aggregate $ 1,000,000 Products/Completed Operations Aggregate $ 500,000 Per Occurrence Limit $ 500,000 Personal and Advertising Injury Limit The policy shall also be endorsed to provide the State with 30-day prior written notice of cancellation or material change to the policy.


More Definitions of Per Occurrence Limit

Per Occurrence Limit means themaximum amount of benefit availableTata AIG General Insurance Company Limited under Rideshare Insurance for a Covered Trip
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Per Occurrence Limit means the maximum amount payable under the Policy for any single covered loss occurrence.
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Per Occurrence Limit means maximum amount that can be paid to the Hospital/ Nursing Home for ANY ONE ILLNESS covered under the scope of the policy.
Sample 1

Related to Per Occurrence Limit

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Fully Diluted Outstanding means, when used with reference to Common Stock, at any date as of which the number of shares thereof is to be determined, all shares of Common Stock Outstanding at such date and all shares of Common Stock issuable in respect of this Warrant, outstanding on such date, and other options or warrants to purchase, or securities convertible into, including without limitation the shares of Common Stock outstanding on such date which would be deemed outstanding in accordance with GAAP for purposes of determining book value or net income per share.

  • Canadian Availability means, at any time, an amount equal to (a) the lesser of (i) the aggregate Canadian Revolving Commitments at such time and (ii) the Canadian Borrowing Base at such time, minus (b) Commitment Reserves established with respect to the Canadian Loan Parties and/or the Canadian Collateral at such time minus (c) the Aggregate Canadian Credit Exposure at such time.

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • Dollar Equivalent Amount means (i) with respect to any amount of Alternate Currency on any day, the equivalent amount in Dollars of such amount of Alternate Currency as determined by the Administrative Agent using the applicable Exchange Rate on such day and (ii) with respect to any amount of Dollars, such amount.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Total Outstanding Amount means at any time the aggregate outstanding principal amount of the Loans at such time after giving effect, if one or more Loans are being made at such time, to any substantially concurrent application of the proceeds thereof to repay other Loans.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Network Availability means the capability of the equipment to resume functions after a remotely initiated trigger has been detected by a network port;

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Total Required Payment means, for a Payment Date, the sum of

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.