Claims limit definition

Claims limit means $1,000,000.00 per release. Two or more claims arising out of the same, interrelated, associated, repeated, or continuous releases or a series of related releases shall be subject to 1 claims limit. Any claim that takes place over 2 or more claim periods shall be subject to 1 claims limit.
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Claims limit is specified in Schedule 12.
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Claims limit. Means the maximum amount payable as stated under each section of cover including call out charges, labour, parts and materials (including) VAT and subject to prior agreement. Commencement Date - means the start date of service agreement.
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Examples of Claims limit in a sentence

  • Except as specifically provided in Section 3(a)(i), nothing in this Agreement shall prevent or limit the Executive’s continuing or future participation in any plan, practice, policy or program provided by the Company or a Subsidiary for which the Executive may qualify, nor shall anything in this Agreement or the accompanying Waiver and Release of Claims limit or otherwise affect any rights the Executive may have under any contract or agreement with the Company or a Subsidiary.


More Definitions of Claims limit

Claims limit shall have the meaning set forth in Section 10.04 hereof.
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Claims limit. The total amount payable that you are covered under this policy, including any applicable VAT, will not exceed the market value of your vehicle (according to motor- trade guides) at the time of purchasing
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Claims limit means two hundred fifty thousand Dollars ($250,000) or its equivalent in any other currency.
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Related to Claims limit

  • Lead Limits means the maximum concentrations of lead and lead compounds (“Lead”) by weight specified in Section 3.2.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Claims Bar Date means the applicable bar date by which Proofs of Claim must be Filed, as established by: (a) the Bar Date Order; (b) a Final Order of the Bankruptcy Court; or (c) the Plan.

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Vote Limit means the percentage interest specified in a Vote Limit Certificate by a Vote Limited Member pursuant to which such Member (together with such Vote Limited Member’s affiliates) will be irrevocably limited to such Vote Limit in any vote taken under Sections 2.1, 2.8, 2.9 and 8.2.