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.
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.

  • Unless otherwise stipulated in Section B, Offeror/Contractor must have the following insurance and coverage minimums: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.

  • 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.

  • Single Occurrence or Accident Liability - In an amount not less than one million dollars ($1,000,000) for any number of claims arising out of a single occurrence or accident.

  • This simulation code runs software for two strokes of the diesel engine i.e. compression stroke and expansion stroke.

  • InsuranceUnless otherwise stipulated in another section of this Solicitation, Contractor must have the following insurance and coverage minimums: 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.

  • Unless otherwise stipulated in another section of this Solicitation, Contractor must have the following insurance and coverage minimums: 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.

  • Accident/Occurrence/Advertising Injury 9-36.9 [1] Accident Policies 9-36.9 [2] Occurrence Policies 9-36.15 [a] Expected or Intended 9-36.15 [b] Single Occurrence vs.

  • Violations are divided into the following categories: Single Occurrence, Cumulative Violation of different rules, Ongoing Occurrence of the same violation, and Exceptional Violation of a grievous nature.

  • An example of the effect of including channelling in the determination of the an- nual modulation region, when the A1 model for the DF is taken, is explicitly displayed in Fig.


More Definitions of Single Occurrence

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. All the statutory and additional conditions of the policy also apply to this endorsement DAY CARE COVERAGE — FORM 0113‌ If the Coverage Summary indicates that Liability is extended to Day Care, you are insured under Coverage ELegal Liability and Coverage F — Voluntary Medical Payments for claims made or actions brought against you for bodily injury or property damage arising out of the use of your residence premises for day care. You are not insured for claims made or actions brought against you for bodily injury or property damage arising out of sexual molestation, corporal punishment, or physical or mental abuse inflicted upon any person by you or at your direction, by your employees or by any other person involved in any capacity in the day care enterprise. GUARANTEED REPLACEMENT COST (BUILDING) — FORM 0115‌ Subject to the conditions stated below, if the Coverage Summary page indicates that Guaranteed Replacement Cost — Building (Form GRC–1) is included, we agree to pay any loss under Coverage ADwelling Building on the basis of the following:
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. All the statutory and additional conditions of the policy also apply to this endorsement SPECIAL LIMITATIONS — FORM 0118‌ It is understood and agreed that all loss or damage arising from the coverage provided by the Water Damage Extension Endorsement is subject to a $1,000 deductible for each occurrence. It is further understood and agreed that all such loss or damage shall be adjusted on the basis of Actual Cash Value on Personal Property and carpets (whether or not permanently installed).
Single Occurrence means all causes or events which occur within 168 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 168 hour period. All the statutory and additional conditions of the policy also apply to this endorsement.
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.

Related to Single Occurrence

  • Specified Event of Default means any Event of Default pursuant to Section 9.01(a), Section 9.01(f) or Section 9.01(g).

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • Potential Default means the occurrence of any event or condition which, with the giving of notice, the passage of time, or both, would constitute an Event of Default.