Plan Losses definition
Plan Losses as used herein shall mean the amount calculated by multiplying the Premiums Earned for the Profit Sharing Plan Period by the Plan loss ratio of [***]%.
Plan Losses as used herein shall mean the amount calculated by multiplying the Premiums Earned for the Accounting Period by the Plan Loss Ratio of 52%.
Plan Losses means all losses actually paid within the Amounts Retained By You layer applicable to a Policy. The Amounts Retained By You section of the applicable Program Exhibit denotes whether Allocated Loss Adjustment Expense or Defense Expenses are included in or are in addition to Plan Losses.
Examples of Plan Losses in a sentence
The right of the FBC Indemnified Parties to be indemnified under this Article XV applies to the full extent that the Bank Pension Plan Losses exceed $1,000,000, and is not subject to any cap amount.