Loss Settlement definition

Loss Settlement has the meaning set forth in Section 10.02.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Loss Settlement means Covered Benefits, fees and expenses of the Impartial Party (as defined in the Group Contract) and Mandated Benefits, in each case, paid by the Company less Indemnification Amounts.

Loss Settlement. The amount shown for PART D: UNINSURED BOATER COVERAGE on the Declarations Page is the most we will pay under PART D, regardless of the number of Covered Persons, claims made or vessels involved in any Occurrence. This coverage will not apply directly or indirectly to the benefit of any Covered Person under any state or federal compensation law or act. Payment made for this coverage to or for a Covered Person will reduce the amount that person is entitled to recover from the PART B: LIABILITY COVERAGE and PART C: MEDICAL PAYMENTS COVERAGE of this policy.

Examples of Loss Settlement in a sentence

Loss Settlement, provided you notify us of your intent to do so within 180 days after the date of loss.
To receive reimbursement for any Documented Extraordinary Loss, Settlement Class Members must submit supporting documentation of the loss and a description of how the loss is fairly traceable to the Data Breach, if not readily apparent from the documentation.
This Policy provides three methods of settling losses: “Replacement Cost”, Special Loss Settlement, and “Actual Cash Value”.
To receive reimbursement for any Documented Extraordinary Loss, Settlement Class Members must submit supporting documentation of the loss and a description of how the loss is fairly traceable to the Incident, if not readily apparent from the documentation.
Only the Loss Settlement Provisions shown in the Dec- larations apply.
Only the Loss Settlement Provision shown in the Decla- rations applies.
To receive 19 reimbursement for any documented Extraordinary Loss, Settlement Class 20 Members must submit supporting documentation of the loss and a description 21 of how the loss is fairly traceable to the Data Security Incident, if not readily apparent from the documentation.
Not insured for Replacement Cost Loss Settlement as outlined in Section I - Conditions, Loss Settlement, and we give you written notice within 30days after we receive your signed, sworn proof of loss, we may repair or replace any part of the damaged property with material or property of like kind and quality.
To receive reimbursement for any Documented Extraordinary Loss, Settlement Class Members must submit supporting documentation of the loss and a description of how the loss is fairly traceable to the Data Incident, if not readily apparent from the documentation.
The Quarterly Loss Settlement Report shall also set forth the Loss Settlement Payment Date for such calendar quarter.

More Definitions of Loss Settlement

Loss Settlement has the meaning attributable to such term in the Policy.