Coverage Limit definition

Coverage Limit means the maximum amount prescribed in terms of section 40, and payable to a depositor in accordance with this Act in respect of guaranteed deposits placed with a member institution whose deposits are unavailable;
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Coverage Limit of a Broncus Insurance Policy means the total dollar amount of insurance coverage available under such policy as of the Effective Date of this Agreement.
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Coverage Limit means the amount that is payable on a per depositor – per member institution basis, as determined under section 23;
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Examples of Coverage Limit in a sentence

  • The policies of insurance maintained by CONTRACTOR shall provide the following minimum coverage: Coverage Limit (occurrence form) Bodily Injury and Property Damage (combined single limit): $1,000,000 per occurrence and Personal Injury: $1,000,000 per occurrence and Bodily Injury: $1,000,000 per person and Property Damage: $1,000,000 per accident or combined single limit of $2,000,000.

  • Minimum Coverage Limit required (not deductible amount): $1,000,000 Each Claim, $2,000,000 Aggregate.

  • The SBA shall make adjustments to the Projected Payout Multiple in order to reimburse the optional Temporary Increase in Coverage Limit (TICL) Options coverage based on the SBA's ongoing evaluation of potential losses and capacity.

  • The SBA shall make adjustments to the Projected Payout Multiple in order to reimburse the optional Temporary Increase in Coverage Limit (TICL) Options coverage based on the SBA’s ongoing evaluation of potential losses and capacity.

  • The full reimbursement amount due from the FHCF for coverage under the Mandatory Layer and the additional coverage option available to Limited Apportionment Companies, based on statutory limits of coverage as of June 1, including any reimbursement pursuant to the Temporary Increase in Coverage Limit (TICL) shall be deemed recovered by the Company, whether or not actually received from the FHCF and whether or not reduced because of the FHCF’s inability to pay.


More Definitions of Coverage Limit

Coverage Limit means the limitation on WPC’s indemnification of NLOP Group under Section 4.2 described in Appendix C.
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Coverage Limit has the meaning set forth in Article 2.C.
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Coverage Limit means the Outstanding Principal Amount of the Notes in support of the Coverage provided under this Reinsurance Agreement.
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Coverage Limit means the limitation on WPC’s indemnification of NLOP Group under Section 4.2 described in Appendix C. “Coverage Period” has the meaning set forth in Appendix C.
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Coverage Limit means the Outstanding Principal Amount of the Tranche of Loans in support of the particular Coverage provided under an Endorsement to this Reinsurance Agreement. ‘‘Covered Area’’ with respect to Hurricane Events shall mean the following States: Alabama, Arkansas, Connecticut, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, and West Virginia. ‘‘Covered Area’’ with respect to Earthquake Events shall mean the State of California. ‘‘Covered Event’’ shall mean an Earthquake Event or a Hurricane Event. ‘‘Covered Event Net Payments’’ shall have the meaning ascribed to it in Section 7.1. ‘‘Credit Agreement’’ shall mean the Credit Agreement dated as of July [ ], 2006, by and among the Reinsurer, the Lenders party thereto and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Credit Partners L.P., as Syndication Agent and Administrative Agent. ‘‘Default’’ shall have the meaning ascribed to it in Section 15.1(a). ‘‘Effective Date’’ shall mean August 1, 2006. ‘‘Endorsement’’ shall mean one or more endorsements to this Reinsurance Agreement executed from time to time between the Reinsurer and the Ceding Insurer setting forth the Coverages under this Reinsurance Agreement in the form of Exhibit A hereto. ‘‘Event of Default’’ shall have the meaning ascribed to it in Section 15.1(b).
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Coverage Limit. A sum equal to NIS 20,000,000 per incident and cumulatively under the policy.
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Coverage Limit. The most "we" pay per occurrence under this endorsement for Additional Advertising Expense is the Additional Advertising Expense Limit shown in the Schedule above.
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