Supplementary Coverage Sample Clauses

Supplementary Coverage. The College shall offer to an employee eligible for insurance under sections 5 and 6 of this article, additional Accidental Death & Dismemberment Insurance and Life Insurance coverage at cost, provided the plan allows it and subject to the provisions of the plan.
AutoNDA by SimpleDocs
Supplementary Coverage. In case of the participation of a certain fund, such as the National Social Security Fund (Co-NSSF Plan) or any other scheme (e.g. Civil Servants Cooperative, Mutual Fund, Workmen Compensation Program, etc) determined per Insured in the (T.B. & P.), the Company shall only cover the portion that is supplementary to the cover provided by the scheme even if the approved Provider is not contracting with these schemes and irrespective of whether or not the Insured has been successful in receiving such Benefits. All amounts will be determined and calculated by the T.P.A. and such calculations and determinations shall be deemed valid unless the Insured and/or the Contract Owner prove(s) otherwise.
Supplementary Coverage. The provisions of Article VII of the Bylaws of the Company (relating to indemnification and advances) shall be deemed to be in addition to, separate from, and shall not be limited or affected in any manner whatsoever by the provisions of this Agreement. Indemnitee shall be free to pursue any rights or claims under this Agreement and/or under Article VII of the Bylaws either concurrently or separately. The Company agrees that so long as Indemnitee is covered by this Agreement in accordance with Section 4 hereof, Article VII of the Bylaws, as existing on the date hereof, shall not be amended, repealed, or modified in any manner whatsoever as applied to Indemnitee, and such Bylaws shall remain in full force and effect and shall be fully enforceable by and for the benefit of the Indemnitee. The provisions of this paragraph are intended to constitute supplementary coverage authorized by 15 Pa.C.S.A. § 1746. 4.

Related to Supplementary Coverage

  • Cash Flow Coverage The Borrower shall maintain at all times a Cash Flow Coverage of not less than one hundred twenty five percent (125%), calculated at the end of each fiscal quarter (using a rolling four quarters of Net Income).

  • Continuation Coverage Consistent with state and federal laws, certain employees, former employees, dependents, and former dependents may continue group health, dental, and/or life coverage at their own expense for a fixed length of time. As of the date of this Agreement, state and federal laws allow certain group coverages to be continued if they would otherwise terminate due to:

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Coverage i) It is expected that both job sharers will cover each other's incidental illnesses. If, because of unavoidable circumstances, one cannot cover the other, the unit supervisor must be notified to book coverage. Job sharers are not required to cover for their partner in the case of prolonged or extended absences.

  • Additional Insurance Contractor may obtain additional insurance not required by this Contract.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Insurance Coverages The Contractor shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City:

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Exception for Amounts Covered by Insurance Notwithstanding the foregoing, the Company shall not be obligated to indemnify the Indemnitee for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties and amounts paid in settlement) to the extent such have been paid directly to the Indemnitee by D&O Insurance.

Time is Money Join Law Insider Premium to draft better contracts faster.