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.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

Buyer shall pay fifty percent (50%) of the administrative fees and expenses of the Escrow Agent in connection with the Indemnity Escrow Amount, and the remainder of the administrative fees and expenses of the Escrow Agent in connection therewith will be treated as Excess Adjustment Items of the Company in accordance with Section 9.5(b) and Section 11.2(a)(v).
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.
Mechanic (and without double counting in circumstances where such adjustment has already been made pursuant thereto), where in this Clause 11.3 (Excess Cashflow Sweep) an amount is expressed to be required to be applied in repayment of any Loans, the relevant amount shall be applied by the Company in prepayment of the principal amount of such Loans, any accrued interest and any associated Repayment Costs, but without increasing the total amount required to be so applied.
Dealer shall notify Counterparty if, at any time, an Excess Section 13 Ownership Position or Excess Regulatory Ownership Position has occurred or would occur as the result of a delivery by Counterparty to Dealer.
The Shareholder shall be deemed to hold and be entitled to cast only such number of votes as equals the Threshold, and the Excess Voting Power shall be sterilized in accordance with Section 10.

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: