Non-contributory basis definition

Non-contributory basis means that the limits of insurance apply to insured "loss" on behalf of the "additional insured" prior to limits of insurance from other insurance in which the "additional insured" is a named insured.
View Source
Non-contributory basis means that the limits of insurance of the Coverage Part to which this endorsement is attached apply to insured "loss" on behalf of the "non- contributory additional insured" prior to limits of insurance from other insurance in which the "non-contributory additional in- sured" is a named insured.
View Source

Related to Non-contributory basis

  • contributory means a person liable to contribute towards the assets of the company in the event of its being wound up.

  • extended reduction (qualifying contributory benefits) means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • contributory employment and support allowance means an allowance under Part 1 of the Welfare Reform Act 2007 as amended by the provisions of Schedule 3, and Part 1 of Schedule 14, to the Welfare Reform Act 2012 that remove references to an income-related allowance and a contributory allowance under Part 1 of the Welfare Reform Act 2007 as that Part has effect apart from those provisions;

  • Contributory drainage area means the area from which stormwater runoff drains to a stormwater management measure, not including the area of the stormwater management measure itself.

  • Bankruptcy Loss Coverage Amount As of any date of determination, the Bankruptcy Loss Coverage Amount shall equal the Initial Bankruptcy Loss Coverage Amount as reduced by (i) the aggregate amount of Bankruptcy Losses allocated to the Certificates since the Cut-off Date and (ii) any permissible reductions in the Bankruptcy Loss Coverage Amount as evidenced by a letter of each Rating Agency to the Trustee to the effect that any such reduction will not result in a downgrading, qualification or withdrawal of the then current ratings assigned to the Classes of Certificates rated by it.