Amount Payable. Except where provided for specifically in any section, the amount payable under this agreement/section for each and every loss, damage or liability shall be reduced by the first amount payable shown in the statement of cover for the applicable defined event.
Appears in 2 contracts
Sources: Participation Agreement, Personal Lines Participation Agreement
Amount Payable. Except where provided for specifically in any section, the amount payable under this agreement/section for each and every loss, damage or liability shall be reduced by the first amount payable shown in the statement table of cover benefits for the applicable defined event.
Appears in 2 contracts
Sources: Takaful Commercial Agreement, Takaful Commercial Agreement
Amount Payable. Except where provided for specifically in any section, the amount payable under this agreement/agreement/ section for each and every loss, damage or liability shall be reduced by the first amount payable shown in the statement of cover for the applicable defined event.
Appears in 2 contracts
Sources: Takaful Body Corporate Agreement, Takaful Body Corporate Agreement