Common use of Uncovered Amount Clause in Contracts

Uncovered Amount. You shall keep for your own account any portion of the Debt excluded from cover under article 1.2 above or for which no indemnification is due by Us pursuant to article 3.2.1 below. Such portion may not be insured or covered separately by any third party, except with our prior written consent.

Uncovered Amount. You shall keep for your own account any portion of the Debt excluded from cover under article 1.2 above or for which no indemnification is due by Us pursuant to article 3.2.1 below. Such portion may not only be insured or covered separately by any a third party, except with our prior written consent.. 3 – Indemnification