Prior Coverage Sample Clauses

Prior Coverage. (i) With respect to Litigation or other liabilities against a Party and its Representatives (such Party, an “Exposed Entity”) that are or may be, in the reasonable judgment of the Principal that is affiliated with such Exposed Entity, covered by insurance policies held by an unaffiliated Party or by indemnification otherwise available to an unaffiliated Party (a “Covered Entity”) in respect of periods prior to the Distribution Date (“Prior Coverage”), such Exposed Entity may pursue, or, to the extent possible, such Covered Entity shall be authorized to pursue, claims in respect of such Litigation or other liabilities on behalf of the Exposed Entity in the amounts and in accordance with the terms of such Prior Coverage, provided that such claims relate to matters that arose on or prior to the Distribution Date. Each Principal affiliated with a Covered Entity agrees that it will not, and will not permit any affiliate (including any Covered Entity) to, terminate any Prior Coverage without the other Principal’s consent. Promptly upon receipt of the proceeds of any such Prior Coverage resulting from such claims, the Covered Entity shall cause such proceeds to be paid to the Exposed Entity; provided that the amount of such proceeds paid by the Covered Entity to the Exposed Entity shall be, without duplication, (i) reduced by the amount of any fees and expenses reasonably incurred, or incurred with the Exposed Entity’s written consent, by the Covered Entity in pursuit of such claims, (ii) adjusted in good faith by the Covered Entity to reflect the present value of any increased fees and expenses associated with continuing to maintain the policy or indemnity from which the Prior Coverage arises that is attributable to the pursuit of such claim and (iii) adjusted in good faith by the Covered Entity to reflect any likely benefit to the Covered Entity attributable to the pursuit of such claim including, without limitation, any estimated benefits associated with the satisfaction of a deductible under any policy or indemnity providing the Prior Coverage.
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Prior Coverage. If a member is confined as an inpatient in a hospital on the effective date of this agreement, and prior coverage terminating immediately before the effective date of this agreement furnishes benefits for the hospitalization after the termination of prior coverage, then services and benefits will not be covered under this agreement for that member until the member is discharged from the hospital or benefits under the prior coverage are exhausted, whichever is earlier. If there is no prior coverage or no continuation of inpatient coverage after the effective date, your Ambetter of Illinois insured by Celtic Insurance Company coverage will apply for covered services related to the inpatient coverage after your effective date. Ambetter of Illinois insured by Celtic Insurance Company coverage requires you notify Ambetter of Illinois insured by Celtic Insurance Company within two days of your effective date so we can review and authorize medically necessary services. If services are at a non-contracted hospital, claims will be paid at the Ambetter of Illinois insured by Celtic Insurance Company allowed amount and you may be billed for any balance of costs above the Ambetter of Illinois insured by Celtic Insurance Company allowed amount.
Prior Coverage. If a member is confined as an inpatient in a hospital on the effective date of this agreement, and prior coverage terminating immediately before the effective date of this agreement furnishes benefits for the hospitalization after the termination of prior coverage, then services and benefits will not be covered under this agreement for that member until the member is discharged from the hospital or benefits under the prior coverage are exhausted, whichever is earlier. “
Prior Coverage. If a member is confined as an inpatient in a hospital on the effective date of this agreement, and prior coverage terminating immediately before the effective date of this agreement furnishes benefits for the hospitalization after the termination of prior coverage, then services and benefits will not be covered under this agreement for that member until the member is discharged from the hospital or benefits under the prior coverage are exhausted, whichever is earlier. Out of Service Area Dependent Member Coverage A dependent member’s coverage will not cease should the dependent member live outside the service area if a court order requires the member to cover such dependent member. Open Enrollment There will be an open enrollment period for coverage on the Health Insurance Marketplace. The open enrollment period begins November 1, 2018 and extends through December 15, 2018. Qualified individuals who enroll on or before December 15, 2018 will have an effective date of coverage on January 1, 2019. The Health Insurance Marketplace may provide a coverage effective date for a qualified individual earlier than specified in the paragraphs above, provided that either:
Prior Coverage. During the last 5 years, the General Accounting Office (GAO) issued two reports discussing the Mentor Protégé Program. Unrestricted GAO reports can be accessed over the Internet at xxxx://xxx.xxx.xxx.
Prior Coverage. There shall be no interruption of coverage as a result of the transition from the Prior Self-Insurance Agreement. The Member’s share of unexpended funds in the prior self-insurance agreement as of May 31, 1993, will be transferred by Metropolitan Library System (formerly Suburban Library System) to the Member’s share under this LIMRiCC agreement. The period of time of the member’s participation in the prior Self-Insurance Agreement shall be credited to the Member under this LIMRiCC agreement. (Article II- k.2)

Related to Prior Coverage

  • COBRA Coverage Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

  • Continuing Coverage If a letter of assurance is obtained from any insurer under a Hazard Insurance policy or a Flood Insurance policy that the insurance coverage shall continue in full force and effect, the Servicer shall deposit such letter in the appropriate Servicer Mortgage Loan File.

  • Coverage i) It is expected that both job sharers will cover each other's incidental illnesses. If, because of unavoidable circumstances, one cannot cover the other, the unit supervisor must be notified to book coverage. Job sharers are not required to cover for their partner in the case of prolonged or extended absences.

  • Tail Coverage If any of the required insurance is on a claims made basis and does not include an extended reporting period of at least 24 months, Grantee shall maintain either tail coverage or continuous claims made liability coverage, provided the effective date of the continuous claims made coverage is on or before the effective date of this Grant Agreement, for a minimum of 24 months following the later of (i) Grantee’s completion and Agency’s acceptance of all Services required under this Grant Agreement, or, (ii) Agency or Grantee termination of this Grant Agreement, or, iii) The expiration of all warranty periods provided under this Grant Agreement.

  • Continuation Coverage Consistent with state and federal laws, certain employees, former employees, dependents, and former dependents may continue group health, dental, and/or life coverage at their own expense for a fixed length of time. As of the date of this Agreement, state and federal laws allow certain group coverages to be continued if they would otherwise terminate due to:

  • COBRA Premiums If Executive timely elects continued coverage under COBRA, the Company will pay Executive’s COBRA premiums to continue Executive’s coverage (including coverage for Executive’s eligible dependents, if applicable) (“COBRA Premiums”) through the period starting on the termination date and ending twelve (12) months after the termination date (the “COBRA Premium Period”); provided, however, that the Company’s provision of such COBRA Premium benefits will immediately cease if during the COBRA Premium Period Executive becomes eligible for group health insurance coverage through a new employer or Executive ceases to be eligible for COBRA continuation coverage for any reason, including plan termination. In the event Executive becomes covered under another employer’s group health plan or otherwise ceases to be eligible for COBRA during the COBRA Premium Period, Executive must immediately notify the Company of such event.

  • Liability Insurance and Funding For the duration of Indemnitee’s service as a director and/or officer of the Company and for a reasonable period of time thereafter, which such period shall be determined by the Company in its sole discretion, the Company shall use commercially reasonable efforts (taking into account the scope and amount of coverage available relative to the cost thereof) to cause to be maintained in effect policies of directors’ and officers’ liability insurance providing coverage for directors and/or officers of the Company, and, if applicable, that is substantially comparable in scope and amount to that provided by the Company’s current policies of directors’ and officers’ liability insurance. Upon reasonable request, the Company shall provide Indemnitee or his or her counsel with a copy of all directors’ and officers’ liability insurance applications, binders, policies, declarations, endorsements and other related materials. In all policies of directors’ and officers’ liability insurance obtained by the Company, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits, subject to the same limitations, as are accorded to the Company’s directors and officers most favorably insured by such policy. Notwithstanding the foregoing, (i) the Company may, but shall not be required to, create a trust fund, grant a security interest or use other means, including, without limitation, a letter of credit, to ensure the payment of such amounts as may be necessary to satisfy its obligations to indemnify and advance expenses pursuant to this Agreement and (ii) in renewing or seeking to renew any insurance hereunder, the Company will not be required to expend more than 2.0 times the premium amount of the immediately preceding policy period (equitably adjusted if necessary to reflect differences in policy periods).

  • Cash Flow Coverage The Borrower shall maintain at all times a Cash Flow Coverage of not less than one hundred twenty five percent (125%), calculated at the end of each fiscal quarter (using a rolling four quarters of Net Income).

  • Premiums The premiums for insurance policies required pursuant to this Article must be paid as a common expense by the Owners' Association.

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