Loss Period definition
Examples of Loss Period in a sentence
The first expense must be incurred within the Loss Period stated on the Schedule of Benefits.
Temporary Loss Period — Period in which an enrollee loses eligibility and regains it, allowing the recipient to be re-enrolled in the Managed Care Plan in which the recipient was enrolled prior to the eligibility loss.
Bank will be responsible for all Merchant Losses that relate to: (i) a transaction; or (ii) an act or omission of the Merchant pursuant to the Merchant Agreement which is dated after the Company Loss Period.
If the Special Force Majeure Projection is produced before it is reasonably practicable to do so in accordance with Clause 10.5.2, assumptions will be made by the Concessionaire as to the likely duration of both the Special Force Majeure Event and the Special Loss Period, which assumptions it is acknowledged may not be reasonably reliable.
Borrower must forward a certificate of insurance to the District prior to the Risk of Loss Period evidencing the required insurance coverage.
If such Credit Extension is being requested during a Restricted Period, the Borrower shall not have incurred any Debt during the applicable Excess Loss Period other than Debt under either this Agreement, a Contingent Catastrophe Debt Agreement or both, provided the aggregate principal amount outstanding under all such Contingent Catastrophe Debt Agreements cannot exceed $300,000,000.
The results of the VAR models are as follows: Maximum Loss Period ============================================================================ Foreign currency $0.4 million two weeks Interest Rate $ 12 million six months Commodity $ 1 million one month ============================================================================ At no time during the year did the change in market value of these instruments exceed the VAR measure stated above.
If Injury to the Covered Person results in any of the Covered Losses shown below, within the Loss Period as shown in the Schedule of Benefits from the date of the Covered Accident that caused the Injury, the Company will pay the percentage of the Principal Sum/Amount of Insurance shown below for that Loss.
After reaching the Stop Loss Deductible, Physician Group shall be reimbursed for one hundred per cent (100%) of the value of Capitated Services provided to that Enrollee by Physician Group, calculated in accordance with this Section, for the remainder of the Stop Loss Period.
If the Item at any time during the Risk of Loss Period equals or exceeds $2,000, Borrower shall insure the Item for its full value under an all-risk, in-transit, wall to wall insurance policy, including but not limited to packing, loading, shipping, unloading and unpacking the Item, and actions of the special packers, subject to standard policy exclusions, that is in full force and effect during the Risk of Loss Period and that has been approved by the District in its sole discretion.