Auto Claim definition

Auto Claim is defined as any claim resulting from a disabled Auto or Non-Recreational Vehicle.
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Examples of Auto Claim in a sentence

  • If the annual average cost per Auto Claim for the period is less than $[ ] per claim, RA and AGI will split equally the difference between the average guaranteed Auto Claim cost and the actual average Auto Claim cost.

  • If the annual average cost per Auto Claim for the second year of the contract is less than $[ ] per claim, AGI will reimburse RA for [ ] ([ ] %) of the difference between the average guaranteed Auto Claim cost and the actual average Auto Claim cost.

  • If the annual average cost per Auto Claim for the third year of the contract and thereafter is less than $[ ] per claim, AGI will reimburse RA for [ ] ([ ] %) of the difference between the average guaranteed Auto Claim cost and the actual average Auto cost.

Related to Auto Claim

  • D&O Claim means any right or claim of any Person against one or more of the Directors and/or Officers howsoever arising on or before the D&O Bar Date, for which the Directors and/or Officers, or any of them, are by statute liable to pay in their capacity as Directors and/or Officers or which are secured by way of any one of the Directors’ Charges;

  • Fraud Claim means any claim based in whole or in part upon fraud, willful misconduct or intentional misrepresentation.

  • 503(b)(9) Claim means a Claim or any portion thereof entitled to administrative expense priority pursuant to section 503(b)(9) of the Bankruptcy Code.

  • third party proceeding means any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).