Expenses Incurred definition

Expenses Incurred means a charge, which shall be deemed to be incurred on the day the purchase is made, or on the day the service is rendered for which a charge is made. "Experimental or Investigational" means a service, supply or Treatment that is deemed experimental or investigational by any technological assessment body established by any state or federal government; or meets one or more of these conditions:
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Expenses Incurred means expenses that are incurred at the time the related treatment, service or supply is provided.
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Expenses Incurred means (a) if the calculation is made as at the last day of the first three fiscal quarters of a RIC, the amount of other underwriting expenses incurred for the four fiscal quarters of such RIC ended as at such last day, computed using the same information and in the same manner (except that such computation shall be for the preceding four fiscal quarters) as was utilized in preparing page 4, line 4 of the September 30, 2004 quarterly regulatory financial statement of such RIC, utilizing the format promulgated by NAIC and filed with the applicable Insurance Regulator, or if such format is changed after the Agreement Date, the same type of information, computed in the same manner (except that such computation shall be for the preceding four fiscal quarters), as contained on page 4, line 4 of such regulatory financial statement of such RIC dated September 30, 2004, or (b) if the calculation is made as at the last day of the fiscal year of a RIC, other underwriting expenses incurred for the period of calculation as shown on page 4, line 4 of the regulatory financial statement of such RIC as would be prepared for such period utilizing the identical format promulgated by NAIC and utilized by such RIC in preparing the December 31, 2004 annual statements filed with the applicable Insurance Regulator, or if such format is changed after the Agreement Date, the same type of information, computed in the same manner, as contained on page 4, line 4 of such regulatory financial statement of such RIC dated December 31, 2004.
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Examples of Expenses Incurred in a sentence

  • Expenses Incurred by an individual eligible for benefits in any Plan Year will be the amount that must be satisfied before the individual is entitled to benefits.


More Definitions of Expenses Incurred

Expenses Incurred. Any fee corresponding to a professional procedure already performed. Expenses are considered to be incurred only when treatment has actually been given, even if a treatment plan has been submitted to and approved by the insurer. For dentures, expenses are considered to be incurred only on the date such dentures are installed. DENTAL EXPENSES ---------------
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Expenses Incurred outside Canada are limited to the normal rate suggested for general practitioners of the insured person's province of residence. These expenses are reimbursed according to the Fee Guide of the year indicated in the Summary of Benefits. The following expenses are covered if so stated in the Summary of Benefits: Preventive Care ---------------
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Expenses Incurred with respect to any B Loan or the Washington Center Junior Loans shall be allocated in accordance with the related A/B Intercreditor Agreement. The applicable Master Servicer shall keep and maintain a separate accounting for each Mortgage Loan, B Loan and Washington Center Junior Loans for the purpose of justifying any withdrawal or transfer from its Collection Account and any A/B Loan Pair Custodial Account. The applicable Master Servicer shall not be permitted to withdraw any funds from the portion of its Collection Account that does not constitute the A/B Loan Pair Custodial Account unless there are no remaining funds in the related A/B Loan Pair Custodial Account available and amounts are required to be paid in accordance with the related A/B Intercreditor Agreement. If the applicable Master Servicer is entitled to make any payment or reimbursement described above and such payment or reimbursement relates to a B Loan or the Washington Center Junior Loans but is not limited to a specific source of funds (other than the requirement that it must be made by withdrawal from the A/B Loan Pair Custodial Account insofar as it relates to a B Loan or any Washington Center Junior Loan and is permitted pursuant to the related A/B Intercreditor Agreement), the applicable Master Servicer shall, if funds on deposit in such A/B Loan Pair Custodial Account are insufficient therefor, request the B Loan Holder or the Washington Center Junior Holders to make such payment or reimbursement to the extent the B Loan Holder or the Washington Center Junior Holders are obligated to make such payment or reimbursement pursuant to the related A/B Intercreditor Agreement. If the B Loan Holder or any Washington Center Junior Holder fails to make such payment or reimbursement that it is obligated to make and the applicable Master Servicer deems the payment or reimbursement necessary to protect the related Mortgaged Property from a default, delinquency or other anticipated event that is imminent with respect to the related Mortgage Loan in its reasonable judgment and in accordance with the Servicing Standard, the applicable Master Servicer shall be entitled to make such payment or reimbursement from its Collection Account. If such payment or reimbursement is subsequently recovered from the B Loan Holder or any Washington Center Junior Holder (including, if permitted by the related A/B Intercreditor Agreement, by offsetting against subsequent amounts payable to the B Loan Holder or the ...
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Expenses Incurred means those Charges made for services and supplies which a prudent person would consider to be reasonably priced and reasonably necessary in the light of the injury or sickness being treated. Expenses Incurred are deemed to be incurred on the day the purchase is made or the service is rendered unless specifically stated in this booklet and/or the Schedule of Benefits. Expenses Incurred do not include any charge for a service or supply which is not covered by this Plan; or which is in excess of the Allowed Amount for a service or supply; or not approved by the Board of Trustees. Expenses Incurred as a result of an intentionally self-inflicted injury or illness are excluded under this Plan.
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Related to Expenses Incurred

  • Expenses shall include all direct and indirect costs, fees and expenses of any type or nature whatsoever, including, without limitation, all reasonable attorneys’ fees and costs, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, fees of private investigators and professional advisors, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, fax transmission charges, secretarial services and all other disbursements, obligations or expenses in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, settlement or appeal of, or otherwise participating in, a Proceeding (as defined below), including reasonable compensation for time spent by Indemnitee for which he or she is not otherwise compensated by the Company or any third party. Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding (as defined below), including without limitation the principal, premium, security for, and other costs relating to any cost bond, supersedeas bond, or other appeal bond or its equivalent. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Company Expenses has the meaning provided in Section 8.3.

  • Allowable Expenses means any necessary, reasonable and customary item of expense at least a portion of which is covered under at least one of the Health Benefit Plans covering the person for whom claim is made. When a Health Benefit Plan provides benefits in the form of coverage for services, the reasonable cash value of each service rendered shall be deemed to be both an Allowable Expense and a benefit paid.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.