Cause of Action/ Currency for payments Sample Clauses

Cause of Action/ Currency for payments. No Claims shall be payable under this Policy unless the cause of action arises in India, unless otherwise specifically provided in Policy. All Claims shall be payable in India and shall be in Indian Rupees only.
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Cause of Action/ Currency for payments. Claims under this Policy shall be payable if the cause of action arises anywhere in the world accept for the below mentioned covers wherein the cause of action shall be restricted to India only:
Cause of Action/ Currency for payments. Claims under this Policy shall be payable if the cause of action arises anywhere in the world. For the below mentioned covers, the cause of action shall be restricted to India: Benefit 1: Accidental Hospital Daily Cash Benefit, Benefit 2: Accidental Hospitalization Expenses Reimbursement, Benefit 3: Convalescence Benefit, All Claims shall be payable in India and shall be in Indian Rupees only.

Related to Cause of Action/ Currency for payments

  • Interest; Penalties In the event the Company or any Sponsor Affiliate should fail to make any of the payments to the County required under this Fee Agreement, then the item or installment so in default shall continue as an obligation of the Company or such Sponsor Affiliate until the Company or such Sponsor Affiliate shall have fully paid the amount, and the Company and any Sponsor Affiliates agree, as applicable, to pay the same with interest thereon at a rate, unless expressly provided otherwise herein and in the case of FILOT payments, of 5% per annum, compounded monthly, to accrue from the date on which the payment was due and, in the case of FILOT payments, at the rate for non-payment of ad valorem taxes under State law and subject to the penalties the law provides until payment.

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