VOLUNTARY PAYMENT COVERAGE D Clause Samples

VOLUNTARY PAYMENT COVERAGE D a. The Insurer will reimburse the “Named Insured” for voluntary payments to which this form applies. The reimbursement will be made regardless of fault. The payments must arise from an accident happening during the normal course of an Insured’s business activities. b. The voluntary payments must be incurred and reported to the Insurer by the “Named Insured” within 12 consecutive months of the accident date. c. The amount the Insurer will reimburse is limited as described in IV. LIMITS OF INSURANCE.
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Related to VOLUNTARY PAYMENT COVERAGE D

  • Interest Coverage The Company will not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Interest Expense (in each case for the Company’s then most recently completed four fiscal quarters) to be less than 2.50 to 1.00 at any time.

  • Minimum Interest Coverage The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense as at any fiscal quarter end for the four fiscal quarters then ending to be less than 3.00 to 1.0.

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.