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.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Excess has the meaning specified therefor in Section 2.14 of the Agreement.

Excess means the first amount you must contribute to any claim you make under this Policy.

Examples of Excess in a sentence

Any amount deemed not to constitute Excess Proceeds may be used by the Company or any of its Restricted Subsidiaries for any purpose not prohibited by this Indenture.
As soon as reasonably practicable after the issuance of the Excess Shares has been deemed null and void, the Company shall return to the Holder the exercise price paid by the Holder for the Excess Shares.
The Company may satisfy the foregoing obligations with respect to any Net Available Cash from an Asset Disposition by making an Asset Disposition Offer with respect to all Net Available Cash prior to the expiration of the relevant 450 days (or such longer period as provided above) or with respect to any unapplied Excess Proceeds.
On each Business Day that the Collected Balance in the Swing Line Account exceeds the Target Balance (such amount, the “Target Balance Excess Amount”), the Swing Line Lender shall, without any further authorization from or prior notice to the Company, to the extent any Swing Line Loans are outstanding, apply the Target Balance Excess Amount to the payment of such outstanding Swing Line Loans up to the Outstanding Amount thereof.
Upon completion of each Asset Sale Offer, the amount of Excess Proceeds will be reset at zero.

More Definitions of Excess

Excess means the amount as stated in the rental agreement that you are responsible for in the event of damage.

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.

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.

Excess has the meaning specified in Section 2.12(b).

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

Excess means the amount You are responsible for/have to pay under the terms of Your Motor Insurance Policy.

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: