Excess definition

Excess means an amount of money paid in a calendar year towards the cost of each hospital episode of care up to an annual maximum before fund benefits are payable.
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Excess has the meaning specified therefor in Section 2.14 of the Agreement.
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Excess means the first amount you must contribute to any claim you make under this Policy.
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Examples of Excess in a sentence

  • The sale of the Excess Shares by the Exchange Agent shall be executed on the NYSE and shall be executed in round lots to the extent practicable.

  • As soon as practicable after the First Effective Time, the Exchange Agent, as agent for such holders of Certificates or Book-Entry Shares, shall sell the Excess Shares at then prevailing prices on the NYSE, all in the manner provided herein.

  • The Issuer will commence a Collateral Asset Sale Offer with respect to Collateral Excess Proceeds within 20 Business Days after the date that Collateral Excess Proceeds exceed $100,000,000 by delivering the notice required pursuant to the terms of the Indenture, with a copy to the Trustee or otherwise in accordance with the procedures of DTC.

  • The Issuer will commence an Asset Sale Offer with respect to Excess Proceeds within 20 Business Days after the date that Excess Proceeds exceed $100,000,000 by delivering the notice required pursuant to the terms of this Indenture, with a copy to the Trustee or otherwise in accordance with the procedures of DTC.

  • The net proceeds of any such sale or sales of Excess Shares to be distributed to the holders of Certificates or Book-Entry Shares shall be reduced by any and all commissions, transfer Taxes and other out-of-pocket transaction costs, as well as any expenses, of the Exchange Agent incurred in connection with such sale or sales.


More Definitions of Excess

Excess means the amount as stated in the rental agreement that you are responsible for in the event of damage.
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Excess means the amount You must pay towards a claim before We pay. The amount will be stated on the Schedule or in any selected Optional Benefits.
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Excess means the amount the Takaful Participant must pay towards a claim before the Company pays. The amount will be stated on the Schedule or in any selected Optional Perils.
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Excess has the meaning specified in Section 2.12(b).
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Excess means the amount which you must first pay for each claim arising from any one event before a claim can be made under your
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Excess means the amount You are responsible for/have to pay under the terms of Your Motor Insurance Policy.
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Excess means the amount you, or the person making the claim, must pay towards the claim unless we state that an excess does not apply. The amount of the excess is set out in your current schedule. You are only required to pay one excess in respect of any single claim:
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