Total Loss definition

Total Loss means, in relation to a Ship:

Total Loss means any actual or constructive or arranged or agreed or compromised total loss or Compulsory Acquisition of the Vessel;

Total Loss means Your Vehicle is the subject of accidental or malicious damage, fire or theft to the extent that Your Vehicle is beyond economical repair and has been recorded and registered as salvage categories A, B, C or D and a claim is paid as full and final settlement under the Motor Insurance, or third party motor insurance company.

Examples of Total Loss in a sentence

• When a Constructive Total Loss occurs during or after Your Vehicle has been repossessed by the Financial Institution or placed in the Financial Institution’s employee’s or agent’s possession.

• When a Constructive Total Loss results directly or indirectly from any fraudulent, deceptive, illegal, or criminal act by You, whether acting alone or in collusion with others.

• When a Constructive Total Loss occurs outside of the United States of America or its territories, or possessions, Canada, or while being transported between any of the previously stated locations.2) Benefits shall not be provided and a full refund of the GAP charges will be made if:a) You purchased this Addendum after the effective date of the Financing Contract.b) Your Vehicle is any of the following excluded vehicles: Any vehicle in excess of 12,500 lbs.

• When a Constructive Total Loss occurs during or after confiscation of Your Vehicle by a government body or public official.

• With respect to the third Rule 23(e)(2) factor, the Court could not “conclude that the Settlement is fair and adequate based on the current arrangement.” (Order at 24.) The Court took issue with the fact that the maximum reimbursement amounts for a Total Loss and a Partial Loss were capped at $6,125 and $3,375, respectively, regardless of when the Class Vehicle was manufactured between 2011 and 2022.

More Definitions of Total Loss

Total Loss means the actual or constructive total loss (as a result of theft or material damage to the motor vehicle) resulting in a payment under your motor insurance policy.

Total Loss means any loss or damage that is not repairable or that would cost more to repair than the market value of the Equipment.

Total Loss means, in relation to a Vessel, (a) actual, constructive, compromised, agreed or arranged total loss of that Vessel; or (b) requisition for title or other compulsory acquisition of that Vessel, otherwise than by requisition for hire; or (c) capture, seizure, arrest, detention or confiscation of that Vessel by any government or by any persons acting or purporting to act on behalf of any government, unless the Vessel be released and restored to its owner within 30 days thereafter;

Total Loss means, in relation to each Vessel:

Total Loss means any of the following in relation to the Aircraft, Airframe or any Engine and "TOTAL LOSS DATE" means the date set forth in parenthesis after each Total Loss:

Total Loss means an actual or constructive or arranged total loss as a result of the Vehicles being lost, destroyed, stolen, confiscated, damaged beyond economic repair or otherwise rendered unfit for or unable to be used and the date of such Total Loss shall be the date of the loss, destruction, theft, confiscation or damage beyond economic repair.

Total Loss means that You have claimed under Your Motor Insurance, Your claim has been agreed, Your Vehicle has been forfeited (title of the Vehicle transferred to the Motor Insurer or bona fide VAT registered salvage agent) and a payment made following the incident that rendered Your Vehicle beyond economic repair.