Incurred Claim definition
Examples of Incurred Claim in a sentence
Merck shall retain any Assets (including, without limitation, Medicare reimbursements, pharmaceutical rebates, and similar items) that are not associated with any specific Incurred Claim.
For the avoidance of doubt, Emergent shall be responsible for the Incurred Claims of any Aptevo Employee for long-term disability benefits to the extent the claim was incurred prior to the Distribution Date and any Aptevo Employee with such an Incurred Claim for long-term disability benefits shall be eligible to receive benefits under the applicable Emergent long term disability plan notwithstanding his or her having become a Transferred Employee.
Notwithstanding any other provision hereof, ▇▇▇▇▇▇ ▇▇ shall be responsible for Incurred Claims (including ongoing benefit payments) of Abbott Retained Employees and ▇▇▇▇▇▇ LTD Participants for short-term and long-term disability, disability healthcare and disability life insurance benefits, regardless of when the applicable Incurred Claim was incurred.
The date of the Incurred Claim shall be defined as the date the individual becomes disabled.