Aggregate Benefit definition

Aggregate Benefit means the sum of:
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Aggregate Benefit shall be an amount equal to the Employee’s Monthly Benefit multiplied by 240.
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Aggregate Benefit means the sum of the present values of the Participant’s vested benefits under this Plan and all other Aggregated Plans, but excluding benefits that are grandfathered for purposes of Code Section 409A.
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Examples of Aggregate Benefit in a sentence

  • See Health and Safety Code section 1385.045(c)(3)(B) and Insurance Code section 10181.45(c)(3)(B)Projected Medical Allowed Trend by Aggregate Benefit Category Trend attributable to: Allowed Trend: (Current Year + 1) / (Current Year) Please provide an explanation if any of the categories above are zero or have no value.

  • Aggregate Benefit Maximum: The amount shown as the Aggregate Benefit Maximum on the Application, which is the maximum amount We will pay for the Aggregate Benefit as provided by this Policy.

  • If required by Exhibit D, Special Conditions, the TCF Aggregate Benefit Report (Form D8) must be submitted one year after the Certificate of Construction Completion’s (COCC) (Form A709) final inspection date.

  • This reimbursement is not included in the Aggregate Benefit Limit.

  • The amount of the daily benefit for all Home Health Care Services for any one day will be the lesser of: (i) the Daily Maximum Aggregate Benefit shown below; or (ii) the amount set forth opposite the Home Health Care Services listed below.

  • The Maximum Aggregate Benefit is shown in the Aggregate Benefit Schedule.

  • The policy provides for these terms: Commencement Date: day of Disability Funding Method: Lump Sum Benefit Limit: $ Monthly Benefit Limit: $ Aggregate Benefit Limit: $ These benefit limits will be multiplied by the applicable percentage from the table below to determine the benefit limit for Total Disability starting on or after your 61st birthday.

  • The total of all payments we make may not exceed the lesser of the total Buy-Out Expense or the Aggregate Benefit Limit.

  • The Aggregate Benefit Maximum Eligible Expenses per Covered Person is shown on the above Schedule of Benefits of this Policy under the Benefits Specifications for Aggregate Benefit.

  • If the Aggregate Benefit Amount has not been paid during the Benefit Period, the Benefit Period may be extended for a specified period of time (up to a period of 6 months) beyond the maximum Benefit Period stated in the policy.


More Definitions of Aggregate Benefit

Aggregate Benefit means the sum of: -----------------
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Aggregate Benefit means the amount that Alliant agrees to pay the Insured after the end of the Policy Year for Eligible Claim Expenses as set forth in Section 1. Declarations and pursuant to the terms, conditions, and limitations of this Policy.
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Aggregate Benefit means the combined total Benefits available to a Member and his or her beneficiaries.
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Aggregate Benefit means the sum of: (1) the present value of the accrued benefit under each and all defined benefit plans in the Aggregation Group determined on each plan's individual Determination Date as if there were a termination of employment on the most recent date the plan is valued by an actuary for purposes of computing plan costs under Section 412 of the Code within the twelve (12) month period ending on the Determination Date of each such plan, but with respect to the first plan year of any such plan determined by taking into account the estimated accrued benefit as of the Determination Date; provided (A) the method of accrual used for the purpose of this Paragraph (1) shall be the same as that used under all plans maintained by all Employers and Commonly Controlled Entities if a single method is used by all stock plans or, otherwise, the slowest accrual method permitted under Section 411(b)(1)(C) of the Code, and (B) the actuarial assumptions to be applied for purposes of this Paragraph (1) shall be the same assumptions as those applied for purposes of determining the actuarial equivalents of optional benefits under the particular plan, except that the interest rate assumption shall be five percent (5%);
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Aggregate Benefit. The amount that HHSI agrees to pay the Contract Holder after the end of the Contract Period for Eligible Claims Payments Paid under the Contract Holder’s Employee Benefit Plan, as set forth in the Schedule. Aggregate Benefit Maximum: The maximum dollar amount, shown on the Schedule of Benefits that HHSI will pay for the Aggregate Benefit. Aggregate Contract Basis: The dates during which Employee Benefit Plan expenses must be Incurred and must be Paid under the Contract Holder’s Employee Benefit Plan to be considered eligible for reimbursement as Aggregate Benefits. Aggregate Monthly Factor per Covered Unit: An amount determined by HHSI that represents the average expected claims multiplied by the Aggregate Payable Percentage, as specified in the Schedule. Aggregate Attachment Point Per Month: The Aggregate Monthly Factor per Covered Unit shown in the Schedule multiplied by the Number of Covered Units during the month. Annual Aggregate Attachment Point: The Aggregate Monthly Factor per Covered Unit shown in the Schedule multiplied by the total Number of Covered Units during the Contract Period.
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Aggregate Benefit means an amount equal to the Executive’s Adjusted Monthly Benefit multiplied by the number of months in the Aggregate Benefit Period, calculated on a gross basis without any discount to present value.
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Related to Aggregate Benefit

  • Aggregate Payments as defined in Section 7.2.

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Excess Aggregate Contributions means, with respect to any Plan Year, the excess of:

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Aggregate Certificate Balance when used with respect to Certificates, means, at any time of determination, the aggregate of the Certificate Balances of any two or more Principal Balance Certificates or of all the Certificates of any particular Class or Classes of Principal Balance Certificates, or, when used with respect to an EX XXXXX III Regular Interest, shall have the same meaning as “Certificate Balance”, or, when used with respect to a Class PST Component, shall mean the Class A-S-PST Percentage Interest of the Certificate Balance of the Class A-S REMIC III Regular Interest, the Class B-PST Percentage Interest of the Certificate Balance of the Class B REMIC III Regular Interest or the Class C-PST Percentage Interest of the Certificate Balance of the Class C REMIC III Regular Interest, as applicable.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Aggregate Funded Spread means, as of any date, the sum of:

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Allowed Amount means the total amount of reimbursement allocated to a covered Service and includes both the BCBSAZ payment and the Member Cost-share payment. BCBSAZ calculates deductible and Coinsurance based on the Allowed Amount, less any access fees or Precertification Charges. BCBSAZ uses the Allowed Amount to accumulate toward any Out-of-pocket Coinsurance Maximum or Out-of-pocket Maximum that applies to the member’s Benefit Plan. The Allowed Amount does not include any balance bills from noncontracted Providers. The Allowed Amount is neither tied to, nor necessarily reflective of, the amounts Providers in any given area usually charge for their services. The table below shows how BCBSAZ determines the Allowed Amount:

  • Aggregate Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the aggregate of the Principal Remittance Amounts for each Mortgage Pool for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amounts for such Distribution Date is applied on such date in reduction of the aggregate Certificate Principal Amount of the Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of all unpaid obligations owing by such Lender to Agent and other Lenders under the Loan Documents, including such Lender’s Ratable Share of Loans.

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Aggregate Reserves means, on any date of determination, the sum of the Loss Reserve, the Dilution Reserve and the Servicing and Yield Reserve.

  • Aggregate Loss Severity Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred on any Mortgage Loans from the Cut-off Date to the last day of the preceding calendar month and the denominator of which is the aggregate principal balance of such Mortgage Loans immediately prior to the liquidation of such Mortgage Loans.

  • Safe Harbor Amount means 2.99 times the Executive’s “base amount,” within the meaning of Section 280G(b)(3) of the Code.