Cover Amount definition

Cover Amount means, [redacted] for delivery in any hour during the applicable Summer Seasonal Performance Period.

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Cover Amount means the amount of Cover specified in the Member Smart Contract Data by the Covered Member at purchase of the Cover.

Cover Amount means, in respect of (x) a Seller who is a Non-performing Party, the positive difference, if any, obtained by subtracting the Contract Price from

Examples of Cover Amount in a sentence

• Where the relevant shortfall reduces or is otherwise resolved, the Cover Amount (or the portion thereof in excess of the relevant shortfall) shall become immediately due and payable to us.

• If the Covered Item suffers Accidental Damage during the Cover Term while You are in New Zealand or travelling anywhere in the world, We will at Our option Repair or replace the Covered Item or pay the Cover Amount, subject to Your payment of the applicable Excess and the Terms and Conditions.

• If We determine that the claim is valid and decide to Repair the Covered Item, but subsequently determine it is uneconomical to repair, We will replace the Covered Item or pay the Cover Amount subject to the applicable Excess and the Terms and Conditions.

• To the extent that Bunge is able to obtain Substitute Ethanol to meet such revised quantities and the price paid by Bunge to procure the Substitute Ethanol (including transportation, handling, or other charges related to the procurement and/or delivery of the Substitute Ethanol) was less than the price at which Bunge sold ethanol in such sale commitments, then Bunge shall retain the Cover Amount.

• If any Borrower is required to provide a Cash Cover Amount, such Cash Cover Amount (to the extent not applied pursuant to the arrangements with the Administrative Agent) shall be returned to such Borrower within three Business Days after all Events of Default have been cured or waived.

More Definitions of Cover Amount

Cover Amount has the meaning assigned in Section 8.3.1.

Cover Amount means the maximum amount payable under the Cover which must be equal to the Quota Share Percentage of the Total Cover Amount of the Underlying Risk. See note on underlying risks. The Cover Amount is specified in the Member Smart Contract Data.

Cover Amount means the total amount of cover specified in the Member Smart Contract Data at the time the Covered Member purchases Cover. If the Covered Member purchases the Cover on behalf of multiple Users, the total Cover Amount will be distributed pro-rata based on the information provided by the Covered Member as specified in the Member Smart Contract Data.

Cover Amount means the outstanding unpaid amount of the Cover Obligation. "Cover Obligation" has the meaning set forth in Section 11.16 of this Agreement. "DIP Lenders" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Effective Date" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Interest Date" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Liquidation Waterfall" means the cash waterfall set forth in Section 5.13(c) of the Security Deposit Agreement. "Post-Effective Event of Default" has the meaning set forth in the Section 1.1 of the Priority Credit Agreement. "Priority Agent" has the meaning set forth in the preamble to the Priority Credit Agreement. "Priority Commitment Account" has the meaning set forth in Section 1.1 of the Security Deposit Agreement. "Priority Commitment Period" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Commitments" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Credit Agreement" means the Priority Credit and Reimbursement Agreement dated as of December 4, 2002, among the Company, the Owner, Citibank, N.A., as Priority L/C Issuer, the Priority Lenders party thereto, the Administrative Agent and Citibank, N.A., as Priority Agent thereunder. "Priority L/C" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority L/C Account" has the meaning set forth in Section 1.1 of the Security Deposit Agreement. "Priority L/C Issuer" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority L/C Reimbursement Obligations" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Lenders" means the lenders party to the Priority Credit Agreement as "Priority Lenders". "Priority Loans" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Maturity Date" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Notes" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Obligations" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Scheduled Debt Service" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Proposed DIP Facility Agreement" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Required Priority Lend...

Cover Amount means the amount of Cover specified by the Covered Member in the Member Smart Contract Data at purchase of the Cover inclusive of any Sublimits specified in the Annex.

Cover Amount is defined in Section 2.9(a).

Cover Amount shall have the meaning set forth in Section 3.2.7.