Subrogate definition

Subrogate means that the Plan will have the same right as a Member to get back money paid for treatment of an injury or illness for which another person or organization is legally liable.
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Subrogate means that the Plan will have the same right as a Member to recover expenses for treatment of an injury or illness for which another person or organization is legally liable.
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Subrogate means to substitute a third party to a creditor pursuant to a Subrogation Payment from such third party to the creditor.
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Examples of Subrogate in a sentence

  • In addition, the Participant and his or her dependents will do nothing to prejudice the right of the Plan to Subrogate.

  • Subrogate agreements shall be the sole responsibility of the primary Sponsor.

  • Such payment will constitute a Subrogation Payment as a consideration of which the Company shall Subrogate the Factor in all the rights, actions, securities and mortgages of the Company against the Debtors up to the amount so paid by the Factor in relation to the Transferred Receivables.


More Definitions of Subrogate

Subrogate means to substitute one creditor for another (such as an insurance company sues the person who caused an accident for the insured).
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Related to Subrogate

  • Subrogation means the Plan's right to pursue and place a lien upon the Covered Person's claims for medical or dental charges against the other person.

  • Reinstatement means the process as outlined in 645—11.31(272C) by which a licensee who has had a license suspended or revoked or who has voluntarily surrendered a license may apply to have the license reinstated, with or without conditions. Once the license is reinstated, the licensee may apply for active status.

  • Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 10.13.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Primary Obligations shall have the meaning provided in Section 7.4(b) of this Agreement.