An aggregate definition

An aggregate half-life value", Vh, of the overhaul and hot section inspection shall be determined by taking one-half (1/2) of the sum of the current cost of overhaul and hot section inspection. Thereafter an amount, Vi, shall be calculated with respect to each overhaul and hot section inspection as follows: Vi = t * Vo tTOT Where Vi = the portion of the current cost of overhaul or hot section inspection consumed to date; t = hours, calendar time or number of landings, as the case may be, since the last overhaul or hot section inspection of each Engine or WestAir Engine; tTOT= the FAA mandated time between overhaul or hot section inspection, as the case may be, under Sublessee's then FAA approved maintenance program; Vo = the then current cost of overhaul or hot section inspection of that component. If the aggregate total of Vi with respect to the overhaul and hot section inspection is greater than the half-life value of the overhaul and hot section inspection, Sublessee shall pay Sublessor they difference. If the aggregate total of Vi with respect to the overhaul and hot section inspection is equal or less than the half-life value, Vh, then Sublessee shall have no obligation to make any payment to Sublessor with respect thereto."
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An aggregate. – which means that the limit is an aggregate limit for the policy period and any claim made during the period of insurance will deplete the limit insured remaining to cover other possible claims or circumstances. Your policy does however provide for one reinstatement of the limit for a subsequent claim should the aggregate be exhausted.
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Examples of An aggregate in a sentence

  • An aggregate of [**] Gene Targets (the “[**] Maximum Number”) may be the subject of the [**] Engineered T-Cell Research during the Research Program Term (the “[**] Engineered T-Cell Targets”).

  • An aggregate of five hundred (500) hours per fiscal year shall be available without loss of pay for use by the BMA President.

  • An aggregate of 1,674,505 shares of Common Stock are held for the benefit of participants in the Hampton Roads Bankshares, Inc.

  • An aggregate principal amount of $500,000,000 of Notes will be issued on the Issue Date.

  • An aggregate of up to 1 week of unused vacation time may be carried over at the end of a calendar year.

  • An aggregate of 31,996,667 shares of Common Stock has been reserved for issuance upon conversion of the Series A Convertible Preferred Stock, the Series B Convertible Preferred Stock and the Series C Convertible Preferred Stock.

  • An aggregate limit of $15,000,000 (or $20,000,000, if so required by any Transaction Document or material contract) shall be attached and in excess of the underlying general liability, automobile liability, employers liability policies on a following form basis with drop down provisions.

  • An aggregate per pay deduction of $100 or more is deemed a sufficient dollar amount.

  • An aggregate year of experience on a part-time basis shall be recognized as a full year of experience.

  • An aggregate volume of Fresh Water in the applicable calendar year equal to the number of Days in such calendar year multiplied by the Minimum Daily Fresh Water Volume Commitment with respect to such calendar year.