Examples of Excess Portion in a sentence
Excess Portion of the loss left to be paid by the Insured provided for in the policy in the event of indemnity following a loss.
British Psychological Society’s Psychology of Women Section Conference, Windsor, UK.2014 Professionals’ Responses to Women in Abusive Relationships.
Conversely, if the Value of amounts paid in respect of any NCR Exclusive Contingent Liability or Related Exclusive Contingent Liabilities exceeds $100 million, NCR will be entitled to reimbursement from AT&T and Lucent of 50%, in the aggregate, of the Excess Portion, notwithstanding the fact that the Exclusive Contingent Liability or Related Exclusive Contingent Liabilities do not relate to the business and operations of AT&T or Lucent or the members of their Groups.
As a result of the foregoing provisions, if the Value of amounts paid in respect of any Exclusive Contingent Liability or Related Exclusive Contingent Liabilities of AT&T or Lucent exceeds $100 million, NCR will be required to pay 3% of the Excess Portion, notwithstanding the fact that the Exclusive Contingent Liability or Related Exclusive Contingent Liabilities do not relate to the business and operations of NCR or any other member of the NCR Group.
Events covered for insurance ✓ Cancellation ✓ Late arrival ✓ Interruption of stay Excess Portion of the claim left to be paid by the Insured provided for in the policy in the event of indemnity following a claim.