Flood occurrence definition

Flood occurrence means all flooding which occurs within any 168 consecutive hours commencing during the policy period on or after the effective date of this endorsement. The expiration of this policy will not reduce the 168 hour period.
Sample 1Sample 2Sample 3
Flood occurrence means the sum of all "direct physical loss by or from inland flood" and all expenses covered under this endorsement arising from all instances of "inland flood" occurring during one consecutive 168 hour time period.
Sample 1Sample 2Sample 3
Flood occurrence means all flooding which occurs within any 168 consecutive hours commencing during the policy period on or after the effective date of this endorsement.
Sample 1

Examples of Flood occurrence in a sentence

  • DEDUCTIBLE: IT IS UNDERSTOOD AND AGREED, THAT the Insured shall bear the portion of the loss or damage caused by Flood to each affected item of insured property equivalent to 2% of its actual cash value at the time of loss, for each claim or series of claims arising out of any one Flood occurrence, the duration and extent of which shall be limited to 168 consecutive hours.

  • The Company will not pay for loss or damage caused by or resulting from any Flood occurrence that begins before the inception of this insurance.

  • Due to any tidal waves or tsunamis that occur within any 168 hour period; will constitute a single Flood occurrence.

  • If Flood loss commences prior to the expiration date of this Policy and the Flood occurrence, as defined above, extends beyond the expiration date of this Policy, the expiration of the policy will not reduce the Flood occurrence period.

  • Due to any tidal waves or tsunamis that occur within any 168 hour period; will constitute a single Flood occurrence.If Flood loss commences prior to the expiration date of this policy and the Flood occurrence, as defined above, extends beyond the expiration date of this policy, the expiration of the policy will not reduce the Flood occurrence period.

  • DEDUCTIBLE IT IS UNDERSTOOD AND AGREED THAT the Insured shall bear the portion of the loss or damage caused by flood to each affected item of insured property equivalent to 2% of its actual cash value at the time of loss, for each claim or series of claims arising out of any one Flood occurrence the duration and extent of which shall be limited to 168 consecutive hours.

  • DEDUCTIBLE IT IS UNDERSTOOD AND AGREED THAT the Insured shall bear the portion of the loss or damage caused by flood to each affected item of insured property equivalent to nil of the loss of its actual cash value at the time of loss, for each claim or series of claims arising out of any one Flood occurrence the duration and extent of which shall be limited to 168 consecutive hours.

  • It is understood and agreed that the Insured shall bear that portion of the loss or damage caused by flood to each affected item of insured property equivalent to 2% of its actual cash value at the time of loss, for each claim or series of claims arising out of any one Flood occurrence the duration and extent of which shall be limited to 168 consecutive hours.

  • La loro posizione in Classifica War sarà dal 33° posto in giù, secondo la loro media punti e di seguito il loro posizionamento in Stile.

  • Consequential loss or damage of any kind or description whatsoever.DEDUCTIBLE:IT IS UNDERSTOOD AND AGREED, THAT the Insured shall bear the portion of the loss or damage caused by Flood to each affected item of insured property equivalent to 2% of its actual cash value at the time of loss, for each claim or series of claims arising out of any one Flood occurrence, the duration and extent of which shall be limited to 168 consecutive hours.


More Definitions of Flood occurrence

Flood occurrence means all flooding which occurs within any 168 consecutive hours commending during the Policy Period on or after the effective date of this endorsement. The expiration of this Policy will not reduce the 168 hour period. Except as otherwise provided in this form, all terms, provisions and conditions of the Policy shall have full force and effect. EQUIPMENT BREAKDOWN COVERAGE This endorsement modifies insurance provided under the following: COMPREHENSIVE COMMERCIAL PROPERTY INSURANCE POLICY The following is added to Section I – Coverages: COVERAGE D: EQUIPMENT BREAKDOWN COVERAGE Insuring Agreement
Sample 1

Related to Flood occurrence

  • Loss Occurrence means the sum of all individual losses directly occasioned by any one disaster, accident or loss or series of disasters, accidents or losses arising out of one event which occurs within the area of one state of the United States or province of Canada and states or provinces contiguous thereto and to one another. However, the duration and extent of any one "loss occurrence" shall be limited to all individual losses sustained by the Company occurring during any period of 168 consecutive hours arising out of and directly occasioned by the same event, except that the term "loss occurrence" shall be further defined as follows:

  • Loss Event means (A) an annual pre-tax loss at GS Inc. or (B) annual negative revenues in one or more reporting segments as disclosed in the Firm’s Form 10-K other than the Investing & Lending segment, or annual negative revenues in the Investing & Lending segment of $5 billion or more, provided in either case that you are employed in a business within such reporting segment.

  • Date of occurrence in these Regulations means the date of contract signing, date of payment, dates of boards of directors resolutions, or other date that can confirm the counterparty and monetary amount of the transaction, whichever date is earlier.

  • Co-occurring disorder (COD) means any combination of mental health symptoms and substance use disorder symptoms or diagnoses that affect a consumer and are typically determined by the current Diagnostic and Statistical Manual of Mental Disorders.

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).

  • Environmental Event shall have the meaning set forth in Section 12.2.1.

  • Condemnation Event means any act of taking by a public or quasi-public authority through condemnation, reverse condemnation or eminent domain.

  • Relief Event means any of the following:

  • Insured Environmental Event As defined in Section 3.07(d).

  • Property Loss Event means any loss of or damage to property of Group or any Subsidiary thereof that results in the receipt by such Person of proceeds of insurance in excess of $2,000,000 or any taking of property of Group or any Subsidiary thereof that results in the receipt by such Person of a compensation payment in respect thereof in excess of $2,000,000.

  • Co-occurring disorder specialist means an individual

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Occurrence means an accident, including continuous or repeated exposure to substantially the same general harmful conditions.

  • Actionable Default means the occurrence of any of the following:

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Specified Event of Default means any Event of Default pursuant to Section 9.01(a), Section 9.01(f) or Section 9.01(g).

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Landlord Default shall have the meaning given such term in Article 14.

  • Home occupation means an occupation permitted in a dwelling unit and which:

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Contractor under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.

  • Event of Insolvency means, for any Person:

  • Emergency Event means any situation arising from sudden and reasonably unforeseen natural disaster such as earthquake, flood, fire, or other acts of God, or other unforeseen events beyond the control of drayage truck owners and operators that threatens public health and safety or the reasonable flow of goods movement.

  • Event of Loss means, with respect to any Property, any of the following: (a) any loss, destruction or damage of such Property; (b) any pending or threatened institution of any proceedings for the condemnation or seizure of such Property or for the exercise of any right of eminent domain; or (c) any actual condemnation, seizure or taking, by exercise of the power of eminent domain or otherwise, of such Property, or confiscation of such Property or the requisition of the use of such Property.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Lender Insolvency Event means that (i) a Lender or its Parent Company is insolvent, or is generally unable to pay its debts as they become due, or admits in writing its inability to pay its debts as they become due, or makes a general assignment for the benefit of its creditors, or (ii) such Lender or its Parent Company is the subject of a bankruptcy, insolvency, reorganization, liquidation or similar proceeding, or a receiver, trustee, conservator, intervenor or sequestrator or the like has been appointed for such Lender or its Parent Company, or such Lender or its Parent Company has taken any action in furtherance of or indicating its consent to or acquiescence in any such proceeding or appointment.