Speed contest definition

Speed contest means an organized activity of a competitive nature in which speed is a determining factor in the outcome of the event.
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Speed contest means an activity of a competitive nature in which speed is a determining factor in the outcome of the event and “Motorized Vehicle” means any form of transportation which is propelled or driven by a motor and includes, but is not restricted to, an automobile, truck, motorcycle, moped, snowmobile, or boat.
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Speed contest means a competition or race formally or otherwise arranged between the driver of a motor vehicle covered by the insurance policy and the driver of another vehicle, without regard to whether the competition or race is for compensation. The term does not include operation of a vehicle at a speed that exceeds the legal speed limit if the driver is not engaged in such a competition or race.
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Examples of Speed contest in a sentence

  • Speed contest, drag racing, or attempts to flee from an officer of the law.

  • Speed contest, drag racing, or attempting to elude an officer of the law.


More Definitions of Speed contest

Speed contest means a contest where a vehicle is raced on a highway against another vehicle, a clock, or other timing device. In order to constitute a speed contest under this section, at least two vehicles must be assembled, or spectators must be present at the event. An event where the vehicles traveling over a prescribed route do not exceed the speed limit, is not a speed contest.
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Related to Speed contest

  • Permitted Contest means a contest maintained in good faith by appropriate proceedings promptly instituted and diligently conducted and with respect to which such reserve or other appropriate provision, if any, as shall be required in conformity with GAAP shall have been made; provided that compliance with the obligation that is the subject of such contest is effectively stayed during such challenge.

  • Contest means the contest, game, sweepstake, promotion, marketing activity or other event specified in the Contest Summary (see Rule 15, below);

  • Good Faith Contest means the contest of an item as to which: (a) such item is contested in good faith, by appropriate proceedings, (b) reserves that are adequate are established with respect to such contested item in accordance with GAAP and (c) the failure to pay or comply with such contested item during the period of such contest could not reasonably be expected to result in a Material Adverse Effect.

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Tax Proceeding has the meaning set forth in Section 5.2(a).