Claim Handling Sample Clauses
Claim Handling. The Borrower will
(a) diligently pursue any valid claim under any insurance,
(b) promptly notify the Security Agent and the insurers of any matter for which it may be entitled to a claim under any insurance,
(c) keep the Security Agent informed on a regular basis regarding progress towards settling any such claim,
(d) take account of any representations made by the Security Agent in relation to any such claim, and
(e) not negotiate, compromise or settle any claims with a potential value in excess of EUR 5 million without the written consent of the Security Agent, such consent not to be reasonably withheld or delayed.
Claim Handling. If a party believes the other is liable for a loss or damage, they must promptly inform the other party and allow them a fair chance to investigate and respond to the claim.
Claim Handling. (i) 95% of all claims registration forms and continuing claims forms received will be assessed and the proper response issued by GEFA within 5 Business Days of receipt. 100% of all claims registration forms and continuing claims forms received will be assessed and the proper response issued by GEFA within 10 Business Days of receipt.
(ii) The average elapsed time for assessing and responding to claims registration forms and continuing claims forms will be not more than 3 Business Days from receipt.
(iii) At the end of a Processing Month, no more than 5% of claims which have not been assessed shall be claims which were received by GEFA more than 10 Business Days prior to the end of that Processing Month.
(iv) GEFA will respond to 100% of all incoming claims correspondence within 5 Business Days of receipt.
(v) Claims assessment shall result in one of the following:
(a) decision to decline;
(b) decision to accept/pay; or
(c) decision to request further information from a customer/third party, and, where appropriate, GEFA shall generate any documentation associated with the assessment.
(vi) Decline process: A system generated letter is issued explaining the decision as part of the assessment process.
(vii) Decision to accept/pay process:
(a) A letter will be sent to the customer confirming the acceptance of the claim and the payment to be made, clarifying any continuing duty on the customer (e.g. monthly provision of evidence) and including a continuing claim form.
(b) A payment run will be executed at least weekly, unless otherwise stated in an Existing Local Agreement.
(viii) Further information required:
(a) Where further information is required from a third party it will be notified to that third party by mail with a pre-paid business reply envelope. A letter informing the customer of this action will be issued at the same time.
(b) Where further information is required from a customer he/she will be notified by mail with a pre-paid business reply envelope.
(c) 21-day follow up will occur if there is no response received back from the third party.
Claim Handling. 5.1. All disputes arising under or relating to this Agreement shall be rendered to the Moscow Arbitration Court or, if the dispute is not subordinate to the arbitration, to other courts in accordance with the current legislation of the Russian Federation.
5.2. Prior to applying to a court the User registered on the Site as a legal entity or a sole proprietor shall comply with the extrajudicial procedure for resolving disputes by submitting a written claim to Getloc with the attached documents confirming the circumstances and requirements referred to by the User. The time for consideration of such claims shall not exceed thirty (30) days from the receipt of the claim by Getloc. Should the User not receive a response to the claim from Getloc within the specified period, or should Getloc fail to satisfy the User's reasonable claims, the User shall be entitled to apply to the court.
Claim Handling. (i) the remedy shall be repair or replacement of the non-conforming hardware Product or non-conforming part(s) of a hardware Product or the Smart Extruder in a commercially reasonable time by MakerBot or its authorized representative as solely determined by MakerBot or its authorized representative; (ii) MakerBot shall bear the cost of repair and/or replacement and the shipping costs incurred therein provided, however, that the return is authorized via an RMA number and return instructions are followed; (iii) replacement parts or Products or Smart Extruders will either be new or refurbished and will be furnished on an exchange basis. If defective Parts, Products, or Smart Extruders are not returned, MakerBot shall bill for the unreturned hardware. All replaced parts, Products, Smart Extruders become the property of MakerBot. Consumable parts not covered are: MakerBot filament, SD card, and build plate. (“Consumables”, defined as disposable items, parts or components of the Product which are inherently subject to deterioration and wear out during the normal operation of the Product.)
Claim Handling. (i) the remedy shall be repair or replacement of the non-conforming hardware Product or non-conforming part(s) of a hardware Product in a commercially reasonable time by MakerBot or its authorized representative as solely determined by MakerBot or its authorized representative; (ii) MakerBot shall bear the cost of repair and/or replacement and the shipping costs incurred therein provided, however, that the return is authorized via an RMA number and return instructions are followed;
Claim Handling. The Examiners reviewed the Companies’ policies and procedures for completeness to determine compliance with the RSA Standards of this section. Testing the Companies’ Claims Handling Policies and Procedures involved selecting random claim samples and testing those claim files selected with the applicable Standards. The Companies’ claim handling was satisfactory to comply with the terms of the RSA. The examination period for which the Examiners tested other Claim Handling Standards was January 1, 2010 through December 31, 2010. A claims population comprised of 1,531,915 MEGA, Mid-West and Chesapeake claims was provided by the Companies for the period January 1, 2010 through December 31, 2010. There was one sample of 111 claims selected which included MEGA, Midwest and Chesapeake claims. The sample was weighted based on each Company’s claim population. In addition, the Examiners obtained and reviewed the Claim Handling Policies and Procedures for the period January 1, 2010 through December 31, 2010. The table below summarizes the Claims Handling review results: