Ex Gratia Payments definition

Ex Gratia Payments means a payment that is both (a) outside the terms and conditions of the applicable Covered Insurance Policy and (b) made by or on behalf of the Ceding Company, not as a good faith settlement, adjustment, or compromise of a dispute over coverage or the amount of a claim or loss, but, rather, as a business accommodation to the beneficiary.
Ex Gratia Payments means payments made as an accommodation by the Company in settlement of a claim for which no coverage exists under the Policy reinsured hereunder, subject to the prior approval of the Reinsurer. The phrase "claim-specific declaratory judgment expenses," as used in this Contract will mean all expenses incurred by the Company in connection with declaratory judgment actions brought to determine the Company's defense and/or indemnification obligations that are allocable to specific Policies and claims subject to this Contract. Declaratory judgment expenses will be deemed to have been incurred by the Company on the date of the original loss (if any) giving rise to the declaratory judgment action. All salvages, recoveries or payments recovered or received subsequent to loss settlements hereunder shall be applied as if recovered or received prior to the aforesaid settlement, and all necessary adjustments shall be made by the parties hereto. For purposes of this definition, the phrase "becomes liable to pay" shall mean the existence of a judgment, which the Company does not intend to appeal, or a release has been obtained by the Company, or the Company has accepted a proof of loss. Nothing in this clause shall be construed to mean that losses are not recoverable hereunder until the Company's Ultimate Net Loss has been ascertained.
Ex Gratia Payments will mean all settlements of losses tendered but not covered under the Company's policies, which policies are

Examples of Ex Gratia Payments in a sentence

  • Against this background, several practical problems arising in the daily lives of citizens in cross-border situations could be solved by facilitating recognition of the effects of civil status records legally established in other EU Member states.As noticable, these means are related to each other.

  • Where the payment of retrospective Inflation costs are concered, (i.e. for payments made on or after 01 January 2022 up to the date of the Agreement), one half ( 50%) of the retrosepctive amount of the Ex Gratia Payment will be paid upon entering the Agreement, and the remainder apportioned and paid in installments with subsequent Ex Gratia Payments.

  • Any Ex Gratia Payments made under the Agreement on public investment projects must be met by the Departments or Agencies from within the existing capital ceilings in 2022 and beyond.

  • The following steps are taken to define and operate the searching of the database: • To search for a particular record you need to first enter the text string in the “Enter Text” box (Figure 1).

  • Applicants will need to provide documentation to substantiate that they were the primary caregiver(s)—the adult who was ordinarily living with the worker at the time of the worker’s death and was primarily responsible for providing care to the worker without remuneration and who was alive at the date the Order Respecting Ex Gratia Payments to Workers Involved in Chalk River Nuclear Decontamination was made.


More Definitions of Ex Gratia Payments

Ex Gratia Payments means a payment or otherwise as defined by section 106 of the Charities Act 2011.
Ex Gratia Payments as used herein means a claim payment not required by the terms of the underlying insurance policies covered by this Agreement.
Ex Gratia Payments means payments made as an accommodation by the Company in settlement of a claim for which no coverage exists under the Policy reinsured hereunder, subject to the prior approval of the Reinsurer. The phrase "claim-specific declaratory judgment expenses," as used in this Contract will mean all expenses incurred by the Company in connection with declaratory judgment actions brought to determine the Company's defense and/or indemnification obligations that are allocable to specific Policies and claims subject to this Contract. Claim-specific declaratory judgment expenses will be deemed to have been incurred by the Company on the date of the original loss (if any) giving rise to the declaratory judgment action. For purposes of this definition, the phrase "becomes liable to pay" shall mean the existence of a judgment, which the Company does not intend to appeal, or a release has been obtained by the Company, or the Company has accepted a proof of loss. Nothing in this clause shall be construed to mean that losses are not recoverable hereunder until the Company's Ultimate Net Loss has been ascertained.
Ex Gratia Payments as used herein with respect to Part B Covered Losses means a claim payment not required by the terms of the underlying insurance policies covered by this Agreement. "Ex Gratia Payments" as used herein with respect to Part C Covered Losses means a claim payment not required by the terms of the Settlement Order.
Ex Gratia Payments as used herein with respect to Part C Covered Losses means
Ex Gratia Payments means any voluntary payment by the Ceding Company in response to a claim for benefits for which it is not contractually liable under, or without regard to, the express terms of a Reinsured Policy, or any waiver of surrender charges or other terms of a Reinsured Policy solely as an accommodation without regard to the express terms of a Reinsured Policy and which claim for benefits or waiver is not being contested or denied by the Ceding Company pursuant to Section 6.02(b) or otherwise.
Ex Gratia Payments as used herein with respect to Part C Covered Losses means a claim payment not required by the terms of the Settlement Order.