Ex-gratia Payments. 5. Loss or damage occasioned by war, invasion, revolution, bombardment, hostilities, acts of foreign enemies, civil war, rebellion, insurrection, military or usurped power, martial law, or confiscation by order of any government or public authority, but not excluding loss or damage which would be covered under a standard form of Policy containing a standard war exclusion clause.
Ex-gratia Payments. Part B Covered Losses under this Agreement shall exclude any Ex Gratia Payments except to the extent consented to by the Reinsurer. "Ex Gratia Payments" as used herein means a claim payment not required by the terms of the underlying insurance policies covered by this Agreement.
Ex-gratia Payments. Why is this important?
Ex-gratia Payments. 65.1 The Government agrees to pay an ex-gratia award to ALL non-established workers who are members of the St. Lucia Civil Service Association.
Ex-gratia Payments. In the event of the Underlying Agreement Companies repudiating liability for a claim in terms of the Underlying Agreement, but granting payment of the claim on an “ex gratia” basis, provided such settlement is 100% (one hundred per cent) of the total amount claimed, the Participant will be indemnified in terms of this Agreement.
Ex-gratia Payments. Ex gratia payments" will mean all settlements of losses tendered but not covered under the Company's policies, which policies are
Ex-gratia Payments. 4. Loss or damage occasioned by war, invasion, revolution, bombardment, hostilities, acts of foreign enemies, civil war, rebellion, insurrection, military or usurped power, martial law, or confiscation by order of any government or public authority, but not excluding loss or damage which would be covered under a standard form of Policy containing a standard war exclusion clause. 5. Insolvency Funds as per the attached Insolvency Funds Exclusion Clause, which is made part of this Agreement. 6. Pool, Syndicate and Association business as per the attached Pools, Associations and Syndicates Exclusion Clause, which is made part of this Agreement. EFFECTIVE: JULY 1, 2018 8. POR1238172 P18-0057 7/6/2018 11:54 AM.v3
Ex-gratia Payments. 4. Loss or damage occasioned by war, invasion, revolution, bombardment, hostilities, acts of foreign enemies, civil war, rebellion, insurrection, military or usurped power, martial law, or confiscation by order of any government or public authority, but not excluding loss or damage which would be covered under a standard form of Policy containing a standard war exclusion clause. 5. Insolvency Funds as per the attached Insolvency Funds Exclusion Clause, which is made part of this Agreement. 6. Pool, Syndicate and Association business as per the attached Pools, Associations and Syndicates Exclusion Clause, which is made part of this Agreement. 7. Any statutory or regulatory fine or penalty imposed upon the Company on account of any unfair trade or claim practice. B. THE FOLLOWING PERILS 1. Flood and/or Earthquake when written on a stand-alone basis. 2. Pollution and Seepage as per the attached Pollution and Seepage Exclusion Clause which is made part of this Agreement. 3. Nuclear Incident Exclusion Clauses which are attached and made part of this Agreement: a. Nuclear Incident Exclusion Clause - Physical Damage - Reinsurance - U.S.A. b. Nuclear Incident Exclusion Clause - Reinsurance - No. 4. 4. a. Loss, damage or expense of whatsoever nature caused directly or indirectly by any of the following, regardless of any other cause or event contributing concurrently or in any other sequence to the loss: nuclear reaction or radiation, or radioactive contamination, however caused. b. However, if nuclear reaction or radiation, or radioactive contamination results in fire it is specifically agreed herewith that this Agreement will pay for such fire loss or damage subject to all of the terms, conditions and limitations of this Agreement. c. This exclusion shall not apply to loss, damage or expense originating from and occurring at risks using radioactive isotopes in any form where the nuclear exposure is not considered by the Company to be the primary hazard. EFFECTIVE: JULY 1, 2021 10. FIN_5166.4 5. Terrorism as per the attached Terrorism Exclusion Clause (USA) – Reinsurance (Property), which is made part of this Agreement. 6. Loss, damage or expense of whatsoever nature arising from Named Windstorms. II. AS RESPECTS CASUALTY BUSINESS COVERED UNDER THIS AGREEMENT THIS AGREEMENT DOES NOT COVER: 1. All Lines of Business not specifically listed in Article I - Business Covered. 2. Ex-gratia payments. 3. Loss or damage caused directly or indirectly by: (a) enemy attack by ...
Ex-gratia Payments. The Target Group Company is not making, and will not before Completion make, any voluntary or ex gratia payments of any Applicable Benefits to or in respect of any Relevant Employee.
Ex-gratia Payments. 10. Risks excluded under the provisions of the “Total Insured Value Clause” attached to and forming part of this Contract.
