Single Occurrence definition

Single Occurrence means an event pursuant to which losses resulting from a single action or inaction do not exceed the average monthly compensation paid to date by the Servicer to the Subservicer during the term of this Agreement. the Subservicer shall pay to the Servicer any amounts owed under this subsection (g) within 90 days of the date on which a final determination is made regarding the Servicer’s right to indemnification hereunder.

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Single Occurrence means all events that occur within any 72 consecutive hours commencing during the term of this Policy. The single occurrence must have occurred on or after the effective date of the addition of water escape coverage. The expiration of this Policy will not reduce the 72 consecutive hour period.

Single Occurrence means all causes or events which occur within 96 consecutive hours of the first cause or event causing loss or damage, shall be considered as one occurrence. Provided that the first cause or event occurs before policy expiration, policy termination will not interrupt the 96 hour period.

Examples of Single Occurrence in a sentence

• The minimum Single Occurrence limit is $500,000.00 and the General Aggregate limit must be at least two times the Single Occurrence limit.

• General liability insurance with a Single Occurrence limit of at least $1,000,000.00, and a General Aggregate limit of at least two times the Single Occurrence limit.

• Product liability insurance with a Single Occurrence limit of at least $1,000,000.00, and a General Aggregate limit of at least two times the Single Occurrence limit for all Products except Automotive Fire Apparatus.

• The minimum Single Occurrence limit is ,000.00 and the General Aggregate limit must be at least two times the Single Occurrence limit.

• General Aggregate limit of at least two times the Single Occurrence limit for all Products except Automotive Fire Apparatus.

• The Subservicer’s maximum liability for a Single Occurrence (as defined below) shall be limited to an amount equal to the average of monthly compensation paid to date during the term of this Agreement.

• General liability insurance with a Single Occurrence limit of at least $1,000,000, and a General Aggregate limit of at least two times the Single Occurrence limit.

• General liability insurance with a Single Occurrence limit of at least ,000,000.00, and a General Aggregate limit of at least two times the Single Occurrence limit.

• Product liability insurance with a Single Occurrence limit of at least ,000,000.00, and a General Aggregate limit of at least two times the Single Occurrence limit for all Products except Automotive Fire Apparatus.

• Single Occurrence medical certifications will not count for determining whether “Initial Review” or “Repeat Certification” conditions apply if the employee is subsequently put under continuing requirement (but will count as an occurrence of absence).

More Definitions of Single Occurrence

Single Occurrence means all events for which coverage is provided by this endorsement that occur within any 72 consecutive hours commencing during the term of the policy on or after the effective date of this endorsement. The expiration of the policy will not reduce the 72-hour period.

Single Occurrence means all causes or events covered by this endorsement that occur within 168 consecutive hours of the first cause or event. Each is considered as one (1) occurrence happening during the term of the Policy on or after the effective date of this endorsement. The expiration of the Policy will not reduce the 168 hour period.

Single Occurrence. ’ means all causes or events which occur within 96 consecutive hours of the first cause or event causing loss or damage, shall be considered as one occurrence. Provided that the first cause or event occurs before policy expiration, policy termination will not interrupt the 96 hour period.