ACCUMULATION LIMIT definition

ACCUMULATION LIMIT means the maximum amount payable by the Underwriters under this Insurance due to a sudden, unexpected, unusual and specific event occurring at an identifiable time and place.
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ACCUMULATION LIMIT means the total maximum amount the COMPANY will pay in the aggregate under this and any other ACCIDENT insurance policy issued by the COMPANY for INJURIES suffered by all INSURED PERSONS in the same ACCIDENT or series of accidents contributed to, caused by or consequent upon the same original cause, event or circumstance
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Examples of ACCUMULATION LIMIT in a sentence

  • The following schedule is based upon the years of service to the District: DISTRICT YEARS OF SERVICE RATE OF ANNUAL DAYS OF EARNED VACATION EARNED VACATION ACCUMULATION LIMIT 6-10 Years 15 Days 30 Days I I - 15 Years 17-1/2 Days 40 Days 16-19 Years 20 Days 55 Days 20+ years 22 Days 70 Days The maximum vacation, which may be scheduled or taken in any calendar year shall be twenty-five (25) days.

  • The following schedule is based upon the years of service to the District: EARNED VACATION ACCUMULATION LIMIT The maximum vacation, which may be scheduled or taken in any calendar year shall be twenty-five (25) days.

Related to ACCUMULATION LIMIT

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Controlled Accumulation Period Factor means, for each Monthly Period, a fraction, the numerator of which is equal to the sum of the series invested amounts as of the last day of the prior Monthly Period of all outstanding Series, and the denominator of which is equal to the sum (without duplication) of (a) the Series Invested Amount as of the last day of the prior Monthly Period, (b) the series invested amounts as of the last day of the prior Monthly Period of all outstanding Series (other than Series 2022-2) that are not expected to be in their revolving periods, and (c) the series invested amounts as of the last day of the prior Monthly Period of all other outstanding Series that are not Principal Sharing Series and are in their revolving periods.

  • Return Accumulation Period means the period from (and including) a Periodic Distribution Date (or, in the case of the first Return Accumulation Period, the Issue Date) to (but excluding) the next (or, in the case of the first Return Accumulation Period, the first) Periodic Distribution Date;

  • Accumulation Period Factor means, for any Collection Period, a fraction with: