Coverage Value definition

Coverage Value means the dollar value of the Crop, or of the insured acres of Fruit Trees which we specify or you select from the choices we offer (as applicable) on the Statement of Premiums and Coverages;
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Coverage Value means the value of each Type of Crop that we guarantee for Yield Loss purposes, being the sum of [(probable yield of each Variety of Grape less the deductible you select before the Crop Year starts from the choices we offer) X (Insurable Value for that Variety)], as specified on a Statement of Premiums and Coverages;
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Coverage Value of each Xxxxx'x Eligible Asset, each S&P Eligible Asset and each Dividend Coverage Asset is computed as follows:
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Examples of Coverage Value in a sentence

  • The calculation of the Coverage Value of each Moody's Eligible Asset and each S&P Eligible Asset, the Net Coverage Value of all such Moody's Eligible Assets and S&P Eligible Assets, the Eligible Asset Coverage Amount and whether the Eligible Asset Coverage is met shall be set forth in a certificate (a "Certificate of Eligible Asset Coverage") dated as of such Eligible Asset Evaluation Date.

  • The calculation of Coverage Value may be made on bases other than those set forth above if the relevant Rating Agency has advised the Trust in writing that the revised calculation of Coverage Value would not adversely affect its then-current rating of the DARTS.

  • In addition, as of each Eligible Asset Evaluation Date, the Trust shall determine (A) the Coverage Value of each Moody's Eligible Asset and each S&P Eligible Asset owned by the Trust on that date, (B) the Net Coverage Value of all such Moody's Eligible Assets and S&P Eligible Assets, (C) the Eligible Asset Coverage Amount with respect to such Eligible Asset Evaluation Date and (D) whether the Eligible Asset Coverage is met as of such date.

  • As of each Dividend Coverage Evaluation Date, the Trust shall determine (A) the aggregate Coverage Value of the Dividend Coverage Assets for the Series A DARTS and Series B DARTS owned by the Trust on that date, (B) the Dividend Coverage Amount for the DARTS on that date, (C) whether the Dividend Coverage is met as of such date.

  • The calculations of the aggregate Coverage Value of the Dividend Coverage Assets for the Series A DARTS and the Series B DARTS, the Dividend Coverage Amount for the Series A DARTS and the Series B DARTS and whether the Dividend Coverage is met shall be set forth in a certificate (a "Certificate of Dividend Coverage") dated as of such Dividend Coverage Evaluation Date.

  • The calculation of the Coverage Value of each Eligible Asset, the Net Coverage Value of all such Eligible Assets, the Eligible Asset Coverage Amount and whether the Eligible Asset Coverage is met shall be set forth in a certificate (a "Certificate of Eligible Asset Coverage") dated as of such Eligible Asset Evaluation Date.

  • Notwithstanding any other provision, the provisions of this Section 9 shall not result in an increase in the Coverage Value or Exercise Price.

  • The calculation of Coverage Value may be made on bases other than those set forth above if the relevant Rating Agency has advised the Fund in writing that the revised calculation of Coverage Value would not adversely affect its then-current rating of the DARTS.

  • Notwithstanding the foregoing, the Coverage Value of an Eligible Asset that is either prepayable or callable, may not exceed the lessor of (i) the Market Value thereof divided by the applicable Discount Factor thereof and (ii)(A) par, during any period the Eligible Asset is prepayable and (B) the call price, during any period the Eligible Asset is callable.

  • As of each Dividend Coverage Evaluation Date, the Trust shall determine (A) the aggregate Coverage Value of the Dividend Coverage Assets for the DARTS owned by the Trust on that date, (B) the Dividend Coverage Amount for the DARTS on that date, (C) whether the Dividend Coverage is met as of such date.


More Definitions of Coverage Value

Coverage Value with respect to an Eligible Asset, is equal to the Market Value of the Eligible Asset divided by the applicable Discount Factor; provided that the Coverage Value of an Eligible Asset may not exceed its stated principal amount, if any. Coverage Value may be calculated on other bases, and the Coverage Value of other assets which become includible in Eligible Assets shall be determined according to procedures established by the Trust, if Moody's has advised the Trust in writing that such revised calculation of Coverage Value or such procedures for determining the Coverage Value of other assets would not adversely affect its then-current rating of the shares of MMP.
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Coverage Value means a value of $.125 for each 100% of Warrant Coverage. For purposes of example only, and not by way of limitation, if the Warrant Coverage for the Notes is 200%, the Warrant Coverage Value would be $.25 (i.e., 200% multiplied by $.125 equals $.25). For each $1.00 in principal amount of a Note issued in the Exchange, the Company will issue the Note holder Warrants to purchase .3896 shares of Common Stock exercisable commencing six months after the issuance of the Warrants for a period terminating three years after issuance of the Warrants at an exercise price equal to the Market Value of the Company’s Common Stock immediately preceding the entering into of this Agreement. The shares of Common Stock issuable pursuant to Section 1.01(a) above, upon conversion of the Notes (the “Note Shares”) and upon exercise of the Warrants (the “Warrant Shares”) are collectively referred to herein as the “Securities.”
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Related to Coverage Value

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Retail value of a prize means:

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.

  • Interest Coverage Amount The amount to be paid by the Depositor to the Trustee for deposit into the Interest Coverage Account on the Closing Date pursuant to Section 4.08, which amount is $____________.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Face Value means the specified price of the Ticket only (including United Kingdom value added tax thereon) as stated on the relevant Ticket, and excludes any Handling Fee (or part thereof) or other fees or charges paid by the Ticket Purchaser in respect of that Ticket (including postage or courier charges);

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • SPS AER Value means the Underlying Reference Value.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • emission limit value means the mass, expressed in terms of certain specific parameters, concentration and/or level of an emission, which may not be exceeded during one or more periods of time;

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Total Value means either the fair market value or the actual price paid for a covered animal part or product, whichever is greater.