Attachment Point

Attachment Point. Means (i) with respect to a single Event, US$75,000,000 and (ii) with respect to multiple Events, US$210,000,000; provided, however, at the beginning of each Agreement Year, starting on the one year anniversary of the Effective Date, the Attachment Point shall be increased by a dollar amount equal to the result obtained by multiplying (x) the percentage increase, if any, in excess of five percent (5%), in the number of property units insured by the HM Insurance Subsidiaries in the calendar year... immediately preceding the relevant Agreement Year, compared to the calendar year second preceding the relevant Agreement Year times (y) the Attachment Point then in effect. The number of property units insured by the HM Insurance Subsidiaries in calendar year 2001 was 283,411. View More