Common Claim definition
Common Claim means a claim for breach of any of the General Warranties;
Common Claim means any Claim that:
Common Claim means any claim (i) made with respect or relating to a Store pursuant to Section 12.1(a)(i) or 12.2(a)(i) and involving an amount in excess of $20,000 and (ii) arising from the same cause that results in the same claim being made with respect to at least 99 other Stores in an amount in excess of $20,000 per Store.
Examples of Common Claim in a sentence
Day only and Overnight Stay Certification must be provided on the Common Claim Form (known as the National Private Patient Hospital Claim Form), or the data elements required by the Common Claim Form may be submitted electronically if electronic billing is used.
Great Lakes may elect to implement such a practice by precertifying compliant lenders and/or lender servicers who have implemented the industry standard Common Claim Initiative to submit claims to Great Lakes and who submit their requests for default aversion assistance by the 70th day of delinquency.