What We Cover You For - Standard Benefits Sample Clauses

What We Cover You For - Standard Benefits. You are covered for: General Liability Subject to the terms and conditions of this Policy, You are covered for General Liability • caused by or arising from an Occurrence; • in the ordinary course of Your Business, and • happening during the Period of Insurance. Product Liability Subject to the terms and conditions of this Policy, You are covered for Product Liability • caused by or arising from an Occurrence; • in the ordinary course of Your Business, and • happening during the Period of Insurance. Costs & Expenses Subject to the terms and conditions of this Policy, You are covered for Costs & Expenses relating directly to a General Liability or Product Liability covered under this Policy. If to dispose of or settle a Claim, Compensation is payable in excess of the Limit of Liability, then Our liability for Costs & Expenses will be limited to the same proportion of the Costs & Expenses as the Limit of Liability bears to the total Compensation payable to dispose of or settle the Claim. Our liability to pay Costs & Expenses is in addition to the Limit of Liability but in no case to exceed an amount equivalent to the Limit of Liability. Removal of Wreck Expenses Subject to the terms and conditions of this Policy, You are covered for Removal of Wreck Expenses incurred • in the ordinary course of Your Business, and • where the removal order is first served on You during the Period of Insurance. If the Occurrence causing or giving rise to Removal of Wreck Expenses also gives rise to General Liability and/or Product Liability then Our liability to pay for Removal of Wreck Expenses is in addition to the Limit of Liability but in no case to exceed an amount equivalent to the Limit of Liability.
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What We Cover You For - Standard Benefits. This 'Material Damage to Your Marina' Section of this Policy covers You for: Loss of or Damage to Your Marina Subject to the terms and conditions of this Policy, You are covered for Damage to Your Marina provided that such Damage is caused by or arises from an Occurrence and happens during the Period of Insurance.
What We Cover You For - Standard Benefits. This 'Marina Liability' Section of this Policy covers You for: General Liability Subject to the terms and conditions of this Policy, You are covered for General Liability • caused by or arising from an Occurrence; • involving Your Marina, and • happening during the Period of Insurance. Costs & Expenses Subject to the terms and conditions of this Policy, You are covered for Costs & Expenses relating directly to a General Liability or Product Liability claim covered under this Policy. If to dispose of or settle a Claim, Compensation is payable in excess of the Limit of Liability, then Our liability for Costs & Expenses will be limited to the same proportion of the Costs & Expenses as the Limit of Liability bears to the total Compensation payable to dispose of or settle the Claim. Our liability to pay Costs & Expenses is in addition to the Limit of Liability but in no case to exceed an amount equivalent to the Limit of Liability.

Related to What We Cover You For - Standard Benefits

  • PAY, HOURS AND BENEFITS III.A. WAGES

  • Leave of Absence for Employees Who Serve as Local Coordinators for the Ontario Nurses' Association An employee who serves as Local Coordinator for the Ontario Nurses' Association shall be granted leave of absence without pay up to a total of thirty-five (35) days annually. Leave of absence for Local Coordinators for the Ontario Nurses' Association will be separate from the Union leave provided in (a) above.

  • SHORT-TERM ILLNESS AND INJURY AND LONG-TERM DISABILITY Employees shall be entitled to coverage for short term illness and injury and long term disability in accordance with agreed upon regulations which will be subject to review and revision during the period of this Agreement by negotiations between the Parties and included as Appendix A to this Agreement.

  • Workplace Safety Insurance Benefits (WSIB) Top Up Benefits If the employee is in a class of employees that, on August 31, 2012, was entitled to use unused sick leave credits for the purpose of topping up benefits received under the Workplace Safety and Insurance Act, 1997;

  • Public Benefits This Agreement provides assurances that the Public Benefits identified below will be achieved and developed in accordance with the Applicable Rules and Project Approvals and with the terms of this Agreement and subject to the City’s Reserved Powers. The Project will provide Public Benefits to the City, including without limitation:

  • Synopsis and Benefit to Xxxxxxx County The Agreement continues the contractual relationship between the Oregon State Marine Board and Xxxxxxx County through its Sheriff’s Office. The Sheriff’s Office will be reimbursed for marine law enforcement patrols, boater education, and boat inspections conducted throughout Xxxxxxx County.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Benefits While on Leave An employee will continue to receive her/his salary and benefits while on paid leave under this Article. An employee on unpaid leave may arrange to pay the costs required to maintain benefit coverage in accordance with the local provisions of the collective agreement.

  • REASONS FOR AND BENEFITS OF THE DISPOSAL The Board considers that the online media advertising agency business operated by Xxxx Media is not the core business that the Group is focusing on. The disposal of Xxxx Media will allow the Group to concentrate its financial and management resources on its core business, hence would effectively reduce the Group’s operating risks outside its main business. The Directors (including the independent non-executive Directors but excluding Xx. Xxx who has abstained from voting in the Board), are of the view that the terms of the Equity Transfer Agreement are fair and reasonable and the transaction contemplated thereunder is on normal commercial terms or better and is in the interests of the Company and its shareholders as a whole. FINANCIAL EFFECTS OF THE DISPOSAL AND USE OF PROCEEDS Upon completion of the Disposal, Xxxx Media will cease to be a subsidiary of the Company and the Group will cease to have any interest in Xxxx Media. The financial results of Xxxx Media will no longer be consolidated into the financial statements of the Group. With reference to the net assets of Xxxx Media of approximately RMB57.9 million as at 30 April 2021, the Group is expected to record a net gain of approximately RMB10.3 million from the Disposal after deducting expenses in relation to the Disposal. The actual gain or loss from the Disposal may be different from the above and subject to the review and final audit by the Company’s auditor. It is expected that the net proceeds from the Disposal will be used for re-investment for other potential investments and/or business opportunities that may arise and as general working capital of the Group. INFORMATION OF THE PARTIES The Group The Company is a company incorporated in the Cayman Islands with limited liability, and the shares of which are listed on the Main Board of the Stock Exchange. The Group is principally engaged in (i) the construction and operation of B2B e-commerce platforms for the trading of, among others, consumer goods, agricultural products, chemicals, plastic raw materials, and black and non-ferrous metals; and (ii) the provision of related services such as finance, logistics, cross-border trading, warehousing and supply chain management in the PRC. The Group is also engaged in the development and operation of large-scale, consumer product-focused wholesale shopping malls in the PRC. The Purchaser Xxxx Venture is a company established under the laws of the PRC with limited liability and principally engages in the provision of venture capital consulting services and venture management services for venture enterprises. As at the date of this announcement, the Purchaser is held as to 99.95% by Xx. Xxx, who is the ultimate beneficial owner of the Purchaser. Xxxx Media Xxxx Media is a company established in the PRC with limited liability and is an indirect non- wholly-owned subsidiary of the Company. Xxxx Media principally engages in the provision of online advertising and integrated marketing solutions consulting services in the PRC. As at the date of this announcement, Xxxx Media is owned as to 86%, 3.6324%, 3.6324%, 3.6317%, 1.7414% and 1.3621% by the Company, Xxx Xxx (劉焱), Xxxx Xxxxxxxxx (趙向東), Xxxx Xxxxxx (陳作濤), Xxxx Xxxxx (陳程) and Xx Xxxxxxx (齊志平), respectively. Set out below is the unaudited financial information of Xxxx Media for the year ended 31 December 2019 and the financial information of Xxxx Media for the year ended 31 December 2020 which is obtained from the Group’s audited consolidated financial statements: For the year ended 31 December 2020 2019 RMB’000 RMB’000 Revenue 32,486 10,711 Net profit before taxation 8,334 2,050 Net profit after taxation 6,210 1,967 The net asset value of Xxxx Media as at 30 April 2021 was approximately RMB57,871,000. LISTING RULE IMPLICATIONS As at the date of this announcement, Xx. Xxx holds 99.95% equity interest in the Purchaser. Xx. Xxx is an executive Director, co-chairman of the Board, co-chief executive officer and a controlling shareholder (as defined under the Listing Rules) of the Company. Accordingly, the Purchaser is a connected person of the Company and the Disposal constitutes a connected transaction of the Company. As one or more of the applicable percentage ratios in respect of the Disposal is higher than 0.1% but less than 5%, the Disposal is subject to the reporting and announcement requirements and is exempt from the circular, independent financial advice and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

  • COBRA/Rhode Island Extended Benefits (XXXX) If this plan is provided to you under COBRA or XXXX, and you are covered under another plan as an employee, retiree, or dependent of an employee or retiree, the plan covering you as an employee, retiree or dependent of an employee or retiree will be primary and the COBRA or XXXX plan will be the secondary plan.

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