Policy Aggregate Limit definition

Policy Aggregate Limit means the “Policy Aggregate Limit” as such term is defined in, and determined in accordance with the provisions of, the Reinsurance Agreement.
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Policy Aggregate Limit means the aggregate Limit of Liability set forth in Item 4.A.i. of the Declarations. Aggregate Limit means the aggregate Limit of Liability set forth in Item 4.A.ii. for each Insured/Member.
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Policy Aggregate Limit means the Policy Aggregate Limit stated in Item 5 of the Declarations.
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Examples of Policy Aggregate Limit in a sentence

  • Such amount is the aggregate amount payable under this Policy pursuant to such insuring agreement and is part of, and not in addition to, the Policy Aggregate Limit of Liability.

  • The limit of liability payable under each insuring agreement will be an amount equal to the Policy Aggregate Limit of Liability unless another amount is listed in the Declarations.

  • The purchase of the Optional Extension Period will in no way increase the Policy Aggregate Limit of Liability or any sublimit of liability.

  • The amount is part of and not in addition to the Policy Aggregate Limit.

  • The Policy Aggregate Limit of Liability listed in the Declarations (the “Policy Aggregate Limit of Liability”) is the Underwriters’ combined total limit of liability for all Loss payable under this Policy.

  • Each sublimit will be part of, and not in addition to, this Policy’s Combined Policy Aggregate Limit of Liability and will in no way serve to increase or supplement such limit of liability.

  • All Dependent Business Loss payable under this Policy is part of and not in addition to the The Underwriters will not be obligated to pay any Loss, or to defend any Claim, after the Policy Aggregate Limit of Liability has been exhausted, or after deposit of the Policy Aggregate Limit of Liability in a court of competent jurisdiction.

  • The insurance under this Policy shall apply in excess of any other valid and collectible insurance available to any Insured, including any self-insured retention or deductible portion thereof unless such other insurance is written only as specific excess insurance over the Policy Aggregate Limit of Liability or any other applicable Limit of Liability of this Policy.

  • The Limit of Liability for the Optional Extension Period shall be part of, and not in addition to, the applicable Limit of Liability of the Underwriters for the Policy Period and the exercise of the Optional Extension Period shall not in any way increase the Policy Aggregate Limit of Liability or any sublimit of liability.

  • The Limit of Liability for the Optional Extension Period shall be part of and not in addition to the Policy Aggregate Limit of Liability.


More Definitions of Policy Aggregate Limit

Policy Aggregate Limit means $350,000,000.
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Policy Aggregate Limit means the amount set forth in Item 6 of the Declarations and described in Section III (C) of the Policy.
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Related to Policy Aggregate Limit

  • Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Loss in Excess of Policy Limits means 90.0% of any amount paid or payable by the Company in excess of its policy limits, but otherwise within the terms of its policy, such loss in excess of the Company’s policy limits having been incurred because of, but not limited to, failure by the Company to settle within the policy limits or by reason of the Company’s alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of an action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such an action.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Plan Limit means the maximum aggregate number of Shares that may be issued for all purposes under the Plan as set forth in Section 5(a) of the Plan.