Time Excess definition

Time Excess means the Excess Period opted by You for which We shall not be liable for any claim payment. Claim Payment shall be considered for the number of days exceeding Time Excess Period after the Date of First Loss Assessment up to the maximum eligible number of days opted or date on which vehicle is ready for delivery whichever is earlier.
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Time Excess means the time period, as shown in the Schedule, We will not pay any loss of Business Income for.
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Time Excess means the time after which insurer’s claim liability triggers. This refers to specified time period which needs to elapse/pass, to make insurer liable for benefit payment under the policy.
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Examples of Time Excess in a sentence

  • Pursuant to the TWX Excess Benefit Pension Plan, at all times prior to the Distribution Date, Time and its Subsidiaries have been responsible for all Liabilities with respect to the Time Excess Pension Participants under the TWX Excess Benefit Pension Plan, and pursuant to the Time Excess Benefit Pension Plan, Time and its Subsidiaries shall continue to be responsible for such Liabilities.

  • Time and its Subsidiaries shall make payments to Time Excess Pension Participants who previously had rights under the TWX Excess Benefit Pension Plan in accordance with the terms of the Time Excess Benefit Pension Plan, as in effect from time to time.

  • Effective as of the Distribution Date, TWX and its Subsidiaries shall be responsible for all Liabilities with respect to the TWX Excess Benefit Pension Plan relating to Former Time Employees (other than any Former Time Employee who is a Time Excess Pension Participant), and, from and after the Distribution Date, TWX and its Subsidiaries shall be solely liable for all payments to any such Former Time Employee pursuant to the TWX Excess Benefit Pension Plan.

  • The Time Group shall be solely responsible for all obligations relating to reporting of Taxes to the appropriate Governmental Authority and remitting the amounts of any such Taxes required to be withheld (including any Employment Taxes) to the appropriate Governmental Authority in connection with payments to Time Excess Pension Participants.

  • TWX and its Subsidiaries shall be solely responsible for all obligations relating to reporting of Taxes to the appropriate Governmental Authority and remitting the amounts of any such Taxes required to be withheld (including any Employment Taxes) to the appropriate Governmental Authority in connection with payments to Former Time Employees (other than any Former Time Employee who is a Time Excess Pension Participant) with rights under the TWX Excess Benefit Pension Plan.

  • The indemnity is reduced in the same proportion as the Time Excess bears to the Indemnity Period.

  • The insured shall bear that proportion of each claim, which corresponds to the Time Excess agreed.

  • Sum Insured Means and denotes the maximum amount of cover available as stated in Part I of the Schedule Time Excess Means the period of time that has to elapse post the commencement of Period of Insurance, after which the coverage under the Policy will become effective in respect of the Insured Asset.

  • Should the agreed maximum restoration time be exceeded as defined in the customer contract, Computerline shall issue credit as follows: Restoration Time Excess Credit Issued as Percentage of Monthly Fee from > 0% to 50% 10% from > 50% to 100% 25% from > 100% to 200% 50% from > 200% to 300% 75% from > 300% 100% All datacenters are secured with physical access control (such as badges, which record every access) and every rack has its own lock.

  • For the purpose of this Policy, Period of Insurance shall mean a period commencing post the completion of the Manufacturer’s warranty or any other warranty as specified in clause 5 of Part I of the Schedule to this Policy, for the specific Insured Asset, subject to Time Excess as applicable.


More Definitions of Time Excess

Time Excess means the number of days specified in the Policy Schedule during which You must bear the loss.
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Time Excess means that period which is not insured; beginning with the occurrence of the insured damage and continuing for the duration specified in the Schedule.
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Time Excess means the prescribed period of time that must elapse before Great American will be liable to indemnify the Insured for Damage to the Insured Property. Great American will be not liable to indemnify the Insured for any loss, damage or destruction that is suffered during the period of time stipulated as the Time Excess.
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Time Excess of 5 days means that insurer will not bear any loss of profit (including all standing charges) which may have occurred for the first five days after machinery breakdown
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Time Excess used in this Section shall mean - the period stated in the column under the heading "TIME EXCESS" of the list under the heading "LIST OF MACHINERY AND PLANT" in the schedule of this Section
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Time Excess means that the insurer will not bear any loss of ‘gross profit (including all standing charges), which may have occurred for the first 21 days after machinery breakdown.
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Related to Time Excess

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • CCC Excess The amount equal to the excess, if any, of the Aggregate Principal Balance of all S&P CCC Collateral Obligations over an amount equal to 17.5% of the Collateral Principal Amount as of such date of determination; provided that in determining which of the S&P CCC Collateral Obligations shall be included in the CCC Excess, the S&P CCC Collateral Obligations with the lowest Market Value (expressed as a percentage of the Principal Balance of such Collateral Obligations as of such date of determination) shall be deemed to constitute such CCC Excess.

  • Remaining Excess Spread With respect to any Distribution Date, the Excess Spread less any Extra Principal Distribution Amount, in each case for such Distribution Date.

  • Allocable Excess Proceeds will mean the product of:

  • Net Excess Spread With respect to any Distribution Date, (A) the fraction, expressed as a percentage, the numerator of which is equal to the product of (i) the amount, if any, by which (a) the aggregate of the Interest Remittance Amounts for each Mortgage Pool for such Distribution Date (as reduced by the Credit Risk Manager’s Fee) exceeds (b) the Current Interest payable with respect to the Certificates for such date and (ii) twelve, and the denominator of which is the Aggregate Pool Balance for such Distribution Date, multiplied by (B) a fraction, the numerator of which is thirty and the denominator of which is the greater of thirty and the actual number of days in the immediately preceding calendar month.