Excess definition
Excess means an amount of money paid in a calendar year towards the cost of each hospital episode of care up to an annual maximum before fund benefits are payable.
Excess has the meaning specified therefor in Section 2.14 of the Agreement.
Excess means the first amount you must contribute to any claim you make under this Policy.
Examples of Excess in a sentence
As soon as reasonably practicable after the issuance of the Excess Shares has been deemed null and void, the Company shall return to the Holder the exercise price paid by the Holder for the Excess Shares and the Holder shall return the Excess Shares to the Company.
Without limiting the foregoing, any utility or other service consumption attributable to any second or third shift operations at the Premises shall be conclusively deemed to be Excess Consumption.
More Definitions of Excess
Excess means the amount as stated in the rental agreement that you are responsible for in the event of damage.
Excess means the amount You must pay towards a claim before We pay. The amount will be stated on the Schedule or in any selected Optional Benefits.
Excess means the amount the Takaful Participant must pay towards a claim before the Company pays. The amount will be stated on the Schedule or in any selected Optional Perils.
Excess has the meaning specified in Section 2.12(b).
Excess means the amount which you must first pay for each claim arising from any one event before a claim can be made under your
Excess means the amount You are responsible for/have to pay under the terms of Your Motor Insurance Policy.
Excess means the amount you, or the person making the claim, must pay towards the claim unless we state that an excess does not apply. The amount of the excess is set out in your current schedule. You are only required to pay one excess in respect of any single claim: