Required Deductible definition

Required Deductible has the meaning set forth in Section 6.1(a)(i) hereof.
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Required Deductible. As defined in Section 3.01(a)(i) hereof.Required Rating: A rating by S&P of not less than “A-1” if the term of the related Letter of Credit, bond or other instrument is no longer than three (3) months or if S&P does not rate the issuer of such Letter of Credit, bond or other instrument, a comparable rating from the other Rating Agencies or if the term of such Letter of Credit, bond or other instrument is in excess of three (3) months, a rating by the applicable Rating Agencies of not lower than “A”, “A” and “A2” by S&P, Fitch and/or Xxxxx’x, respectively, provided, however, that, in each case, such rating shall not be qualified by a “negative” rating outlook by any of S&P, Xxxxx’x or Fitch or, if a Securitization has not occurred, such other rating that is reasonably acceptable to Mortgagee or, if a Securitization shall have occurred, such other rating that the Rating Agencies shall have confirmed in writing will not, in and of itself, result in a downgrade, withdrawal or qualification of the then‑current ratings assigned in connection with such Securitization.Requirements: All laws, ordinances, orders, covenants, conditions, restrictions regulations and other requirements, now or hereafter enacted, that pertain to or affect Borrower, the Property or any part of the Property or the Use, including, without limitation, planning, zoning, subdivision, environmental, air quality, flood hazard, fire safety, handicapped facilities, building, health, fire, traffic, safety, wetlands, coastal and other governmental or regulatory rules, laws, ordinances, statutes, codes, regulations and requirements applicable to Borrower or the Property, including permits, licenses, certificates of occupancy and/or other certificates that may be necessary from time to time to comply with any of the these requirements.Requirements of Environmental Laws: As defined in Section 6.06 hereof.Restoration: As defined in Section 7.02 hereof.S&P: Standard & Poor’s Ratings Services, a division of The McGraw‑Hill Companies, Inc., and its successors.Secured Indebtedness: As defined in the Recitals hereof.Securities: Any certificates, notes or other securities issued in connection with a Securitization.Securitization: Any transaction in which all or any portion of the Loan is deposited into a trust or other entity (including a REMIC trust) and such trust or other entity issues Securities to xxxxxxxxx.Xxxxxxxx Instrument: As defined in the Preamble hereof.
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Required Deductible shall have the meaning set forth in Section 2.2(d).
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Examples of Required Deductible in a sentence

  • The Plan covers non-emergency ambulance service, including air ambulance service, if it is medically necessary and is precertified.Copay Required: Deductible applies, and your payment is 20% Coinsurance per ambulance service.

  • When the procedure is non-surgical, such as laser treatment, the only exclusion would be pulsed die laser treatment.Copay Required: Deductible applies.

  • No. 1) The all-risk property insurance may contain a deductible of $250,000 (the “Required Deductible”) or such higher deductible if the Mortgagor provides the lender with cash or a letter of credit in an amount equal to the difference between the actual deductible and the Required Deductible.

  • In addition, the borrower is permitted to maintain a retention amount in addition to the Required Deductible, so long as (A) the retention amount is aggregated annually, (B) the retention amount remains pre-funded at all times during the term of the loan, and (C) the borrower has submitted evidence satisfactory to the lender and rating agencies of such pre-funded arrangement at the request of the lender or rating agency: $10,000,000 aggregate deductible, subject to a $5,000,000 per occurrence deductible.

  • The Plan covers unilateral or bilateral cochlear implantation of an FDA-approved cochlear implant device when considered medically necessary in patients who meet these criteria:• Age 12 months and older;• Bilateral severe to profound pre- or post-lingual (sensorineural) hearing loss, defined as a hearing threshold of pure-tone average of 70dB (decibels) hearing loss or greater at 500 Hz (hertz), 1000 Hz, and 2000 Hz; and• Limited or no benefit from hearing aids.Copay Required: Deductible applies.

  • NETWORK ARCHITECTUREIn this section, we describe the DTN architecture and define the security model.Fig.

  • No Referrals Required Deductible: $2,000 Individual, $4,000 Two or More In Network Coinsurance 100% Lifetime Maximum In-Network- Unlimited Out-of-Network Benefits Coinsurance 80% / 20% Out-of-pocket Maximum $4,000 Individual; $6,850 (in network) $8,000 (Out of network) Two or More PREVENTIVE CARE ..

  • The Plan covers unilateral or bilateral cochlear implantation of an FDA approved cochlear implant device when considered medically necessary in patients who meet these criteria:• Age 12 months and older; and• Bilateral severe-to-profound pre- or post-lingual (sensorineural) hearing loss, defined as a hearing threshold of pure- tone average of 70dB (decibels) hearing loss or greater at 500 Hz (hertz), 1000 Hz and 2000 Hz; and• Limited or no benefit from hearing aids.Copay Required: Deductible applies.

  • In addition, the related Mortgagor is permitted to utilize a retention amount (up to a $10,000,000 aggregate deductible and subject to a $5,000,000 per occurrence deductible) in addition to the Required Deductible, so long as (1) the retention amount is aggregated annually, (2) the retention amount remains pre-funded at all times during the term of the Mortgage Loan, and (3) such Mortgagor has submitted evidence satisfactory Rep.

  • Borrower hereby acknowledges and agrees that it shall deliver evidence of insurance coverage required by the Agreement Regarding Required Insurance, including evidence of the Required Deductible, in a form reasonably satisfactory to Lender, using commercial standards customarily applied by prudent institutional mortgage lenders for similar loans, on or before the date that is sixty (60) calendar days after the date hereof.


More Definitions of Required Deductible

Required Deductible means a deductible amount of Indemnifiable Damages to be borne by any of the Cirrus Indemnitees before such indemnitees are able to collect under the Indemnifiable Damages Insurance. In accordance with the terms of the Escrow Agreement, on the date fifteen months following the Closing Date (or, if such date is not on a Business Day, the first Business Day thereafter), the Escrow Agent will deliver all shares of Cirrus Common Stock remaining in the Indemnity Fund to the Shareholders in proportionate amounts reflecting the number of shares of Cirrus's Common Stock initially withheld from each Shareholder and originally delivered to the Escrow Agent pursuant to this Section 2.2(d) at the addresses listed on the Company's stock records or to an address or account designated by any such Shareholder to the Escrow Agent in writing at least ten (10) Business Days prior to such date. Subject to and in accordance with the terms of the Escrow Agreement, the Escrow Agent may withhold from such delivery the equivalent of any amounts then in dispute relating to indemnification obligations arising under this Agreement, provided that the withheld amount, to the extent not applied in satisfaction of indemnification obligations, shall be delivered to the Shareholders as described above promptly upon resolution of such dispute.
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Related to Required Deductible

  • Deductible has the meaning set forth in Section 11.1(e).

  • Maximum Program Amount means Common Shares with an aggregate Sales Price of the lesser of (a) the number or dollar amount of Common Shares registered under the effective Registration Statement (defined below) pursuant to which the offering is being made, (b) the number of authorized but unissued Common Shares (less Common Shares issuable upon exercise, conversion or exchange of any outstanding securities of the Company or otherwise reserved from the Company’s authorized capital stock), (c) the number or dollar amount of Common Shares permitted to be sold under Form S-3 (including General Instruction I.B.6 thereof, if applicable), or (d) the number or dollar amount of Common Shares for which the Company has filed a Prospectus (defined below).

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Covered Loss or “Covered Losses” means an accidental death, dismemberment, or other Injury covered under the Policy.