Insurance settlement definition

Insurance settlement means the payment amount you receive under your motor insurance policy following the total loss of the motor vehicle.

Insurance settlement means, individually, a settlement between the Archdiocese or the Archdiocese Parties and a Settling Insurer or a Catholic Entity and a Settling Insurer, and, collectively, the settlements between the Archdiocese and the Settling Insurers or the Catholic Entities and the Settling Insurers.

Insurance settlement means that certain agreement among Delphi,

Examples of Insurance settlement in a sentence

• If You accept a Motor Insurance Settlement from the Motor Insurance Policy before contacting the Administrator, We reserve the right to contact the Motor Insurer in Your name to assess the offer of settlement and where necessary seek settlement in-line with the Market Value (Glass’s Guide Retail) at time of Your Vehicle being declared a Total Loss.

• Total Loss A claim under the Motor Insurance Policy for Your Vehicle or through an Accident Management Company, as a result of accidental damage, fire or theft, or adverse weather conditions, where Your Vehicle is beyond economic repair resulting in a Motor Insurance Settlement.

• Any actions We take in Your name in relation to the Motor Insurance Settlement will not affect the payment of a claim under Your Asset Protection Policy.

• Salvage Value The amount deducted by the Motor Insurer from a Motor Insurance Settlement, to enable You to keep ownership of Your Vehicle.

• Motor Insurance Settlement The provision of a replacement vehicle by Your Motor Insurer, or money You receive from the Motor Insurer for Your Vehicle or from a third party through an Accident Management Company following a Total Loss claim of Your Vehicle.

More Definitions of Insurance settlement

Insurance settlement means that certain agreement among Delphi, certain insured officers and directors, and certain insurance carriers resolving certain insurance claims related to the MDL Actions, a copy of which is attached hereto as Exhibit 7.19(c).

Insurance settlement means, individually, a settlement between the Archdiocese and a Settling Insurer.

Insurance settlement means the settlement embodied by the Insurance Settlement Agreement.

Insurance settlement means the payment amount you receive under your motor insurance policy following the total loss of themotorhome.

Insurance settlement means any settlement or receipt of funds by the Borrower in connection with (i) insurance proceeds with respect to destruction or impairment of any Property, (ii) awards of compensation with respect to the destruction or condemnation of all or part of such Property, or (ii) compensation with respect to the exercise of eminent domain or a similar action by any Governmental Authority.

Insurance settlement means, individually, a settlement between the Archdiocese and a Settling Insurer, and, collectively, the settlements between the Archdiocese and the Settling Insurers.

Insurance settlement means the insurance settlement entered into in 1993 by Fibreboard, Continental Casualty Company and Pacific Indemnity Company, which became effective in 1999.