Eligible Class definition

Eligible Class means the class of Employees designated by the Employer in the Adoption Agreement. See Article 13.
Eligible Class means the group of individuals who are eligible for coverage under the Master Policy as shown in the Group Information Schedule.
Eligible Class means an employment classification defined by the Employer and specified in the “Schedule of Benefits”. You must be a member of an Eligible Class in order to be eligible for insurance under the Group Policy. Eligible Person is defined in Section II. Elimination Period means the period of time that you must be continuously Disabled before LTD Benefits become payable. No LTD Benefits are payable during the Elimination Period. Your Elimination Period is specified in the “Schedule of Benefits”. Employee is defined in Section II. Employer means an employer (including approved affiliates and subsidiaries) participating in Schools Insurance Fund of Wisconsin and to which we have assigned a Plan Number and issued a Joinder Agreement. Evidence of Insurability is defined in Section III. Group Policy with respect to the Policyowner means the group LTD insurance policy issued by us to the Policyowner. Group Policy with respect to an Employer means only those provisions of the Group Policy, including the options and variables requested by the Employer, that we have approved for that Employer with respect to its eligible employees. The Employer’s coverage under the Group Policy is described in the Joinder Agreement provided by us to the Employer and identified by the Plan Number. Gross LTD Benefit is defined in Section XIII. Guarantee Issue is the amount of coverage provided, up to the Maximum Monthly Benefit, which is not subject to Evidence of Insurability. Hospital means a legally operated hospital providing full-time medical care and treatment under the direction of a full-time staff of licensed physicians. Rest homes, nursing homes, convalescent homes, homes for the aged and facilities primarily affording custodial, educational, or rehabilitative care are not Hospitals. Indexed Predisability Earnings means your Predisability Earnings adjusted annually by the rate of increase in the CPI-W. During the first year of Disability, Indexed Predisability Earnings are the same as the Predisability Earnings. Thereafter, your Indexed Predisability Earnings are determined on each anniversary of your Disability using the above method. The maximum adjustment in any year is 10%. Your Indexed Predisability Earnings may increase or remain the same, but will never decrease, even if the CPI-W decreases. Injury means a bodily injury that is the direct result of an accident, that is not related to any other cause, and which in and of itself results in your Disability within 90 days. Be...

Examples of Eligible Class in a sentence

  • In the event that any Rights Offering Purchase Price Proceeds are repaid or otherwise returned to any Person (including any holder of an Eligible Class A5 Claim, Eligible Class A6-A Claim or Eligible Class A6-B Claim) making such payment, such Rights Offering Purchase Price Proceeds shall be returned together with any simple interest actually earned thereon after the Subscription Expiration Time.

  • The Rights Offering shall have been consummated and the aggregate Rights Offering Purchase Price Proceeds of the subscribing holders of Eligible Class A5 Claims, Class A6-A Claims and Class A6-B Claims pursuant to the Rights Offering shall have been deposited in the Rights Offering Account in accordance with the terms of the Subscription Documents.

  • The Holders of the majority (by Certificate Balance) of an Appraised-Out Class shall have the right, at their sole expense, to require the Special Servicer to order a second Appraisal of the Mortgaged Property securing any Serviced Loan (or, in the case of a Class of 000 Xxxxx Xxxxxx Control Eligible Class that is an Appraised-Out Class, the related Serviced Loan Combination) as to which there exists an Appraisal Reduction Amount or a Collateral Deficiency Amount (such Holders, the “Requesting Holders”).

  • On or as soon as reasonably practicable after the Effective Date, but no later than the Initial Distribution Date, Reorganized OCD shall issue the Rights Offering Shares to those holders of Eligible Class A5 Claims, Eligible Class A6-A Claims and Eligible Class A6-B Claims that properly exercised their Rights pursuant to the Subscription Documents, subject, in each case, to acceptance of the Plan by the applicable Class pursuant to Sections 3.3(c)(ii), 3.3(d)(ii) and 3.3(e)(ii) above.

  • Each holder of an Eligible Class A5 Claim, Eligible Class A6-A Claim and Eligible Class A6-B Claim as of the Rights Offering Record Date shall be entitled to participate in the Rights Offering as and to the extent provided in the Subscription Documents.


More Definitions of Eligible Class

Eligible Class. A group of people who are eligible for Coverage under the Policy. Each person of the Eligible Class will qualify for insurance on the date he or she completes the required Eligibility Waiting Period, if any. Eligible Dependent: Includes:
Eligible Class. Eligible Class" shall mean any Employee who is not excluded from participation under the Adoption Agreement.
Eligible Class means any of Utility, Major Industry, Light Industry or Business and Other;
Eligible Class means any of the Class 2 - Utility, Class 4 - Industry, Class 5 - Light Industry, and Class 6 - Business and Other property classes prescribed in the Assessment Act and the Classes Property Regulation, B.C. Reg. 438/81, as amended or re-enacted from time to time;
Eligible Class. All Full-Time Active Administrators, Teachers, Nurses, Part-Time Certified Employees and Salaried Non-Certified Employees Hourly Non-Certified Employees excluding Paraprofessionals, Food Service Employees and Employees in Class 1’ • Furthermore, any and all references to ‘01 All Full-Time Active Administrators, Teachers and Nurses’ and ‘02 All Other Full-Time Active Employees and Part-Time Certified Staff excluding Full-Time Administrators, Nurses, Teachers, Paraprofessionals and Food Service Employees’ should in effect pertain to ‘01 All Full-Time Active Administrators, Teachers, Nurses, Part-Time Certified Employees and Salaried Non-Certified Employees’ and ‘02 Hourly Non-Certified Employees excluding Paraprofessionals, Food Service Employees and Employees in Class 1’
Eligible Class means the class of Employees eligible for participation in the Plan, as described in Section 2.2 of this Appendix.
Eligible Class. All Employees of The A.B.C. Company.] [With respect to The A.B.C. Company,] the Group Contracts [will be] treated as one, [GT-XXXXX], for this purpose: to determine the share, if any, of Prudential's divisible surplus allocable to the Group Contracts. [Under that one, the financial experience of the coverage of this group will be considered separately from that of all others: All Employees of The A.B.C. Company classified as Hourly Employees.] -------------------- APPLICATION TO THE PRUDENTIAL INSURANCE COMPANY OF AMERICA (PRUDENTIAL) FOR GROUP CONTRACT NO. [GV-XXXXX] APPLICANT: [PRUDENTIAL GROUP LIFE INSURANCE TRUST] ADDRESS: [Wilmington, DE] The Group Contract is approved and its terms are accepted. This Application is made in duplicate. One is attached to the Group Contract. The other is to be returned to Prudential. It is agreed that this Application replaces any prior Application for the Group Contract. [PRUDENTIAL GROUP LIFE INSURANCE TRUST] -------------------------------------------- (Full or Corporate Name of Applicant) Dated at [Wilmington, DE] By [John Doe, President] ----------------- ---------------------------------------- (Signature and Title) On [January 1, 19 XX] Witness [Richard Roe] ----------------------- ---------------------------------- (To be signed by Resident Agent where required by law) [This copy is to be returned to Prudential.] AMENDMENT TO GROUP CONTRACT NO. [GV-XXXXX] [EFFECTIVE DATE: June 1, 19XX] [By their signatures below, the] Contract Holder and Prudential agree that the Group Contract is changed as follows: