Common use of Indemnification level Clause in Contracts

Indemnification level. Subject to a deductible as specified as the case may be in the Special Terms, We shall pay You the covered Collection Expenses up to the insured percentage applicable to the concerned Debts. The covered Collection Expenses shall correspond to the Collection Expenses up to the cover ratio defined below. The cover ratio is the ratio where: • the numerator is the lowest of the Net Debt or the Credit Decision • the denominator is the amount of the Debt. The cover ratio shall be calculated when indemnification is triggered. When the Debt is fully paid before indemnification, the cover ratio shall be equal to 1.

Indemnification level. Subject to a deductible as specified as the case may be in the Special TermsSchedule, We shall pay You the covered Collection Expenses up to the insured percentage applicable to the concerned Debts. . The covered Collection Expenses shall correspond to the Collection Expenses up to the cover ratio defined below. The cover ratio is the ratio where: • ▪ the numerator is the lowest of the Net Debt or the Credit Decision • ▪ the denominator is the amount of the Debt. The cover ratio shall be calculated when indemnification is triggered. When the Debt is fully paid before indemnification, the cover ratio shall be equal to 1.

Indemnification level. Subject to a deductible as specified as the case may be in the Special TermsSchedule, We shall pay You the covered Collection Expenses up to the insured percentage applicable to the concerned Debts. . The covered Collection Expenses shall correspond to the Collection Expenses up to the cover ratio defined below. The cover ratio is the ratio where: •  the numerator is the lowest of the Net Debt or the Credit Decision •  the denominator is the amount of the Debt. The cover ratio shall be calculated when indemnification is triggered. When the Debt is fully paid before indemnification, the cover ratio shall be equal to 1.

Indemnification level. Subject to a deductible as specified as the case may be in the Special Terms, We shall pay You the covered Collection Expenses up to the insured percentage applicable to the concerned Debts. . The covered Collection Expenses shall correspond to the Collection Expenses up to the cover ratio defined below. The cover ratio is the ratio where: • - the numerator is the lowest of the Net Debt or the Credit Decision • - the denominator is the amount of the Debt. The cover ratio shall be calculated when indemnification is triggered. When the Debt is fully paid before indemnification, the cover ratio shall be equal to 1.

Indemnification level. Subject to a deductible as specified as the case may be in the Special Terms, We shall pay You the covered Collection Expenses up to the insured percentage applicable to the concerned Debts. The covered Collection Expenses shall correspond to the Collection Expenses up to the cover ratio defined below. below The cover ratio is the ratio where: • the numerator is the lowest of the Net Debt or the Credit Decision • the denominator is the amount of the Debt. The cover ratio shall be calculated when indemnification is triggered. When the Debt is fully paid before indemnification, the cover ratio shall be equal to 1.