Covered Costs means, with respect to any Trust Mortgage Loan and any related costs and expenses that the Depositor or the UBS Mortgage Loan Seller, as applicable, are otherwise required to pay pursuant to Section 2.03(d) or the UBS/Depositor Mortgage Loan Purchase Agreement, (i) if such Trust Mortgage Loan has an original principal balance equal to or less than $10,000,000, the entire amount of such costs and expenses, but only in the event such costs and expenses exceed a threshold of $10,000, and (ii) if such Trust Mortgage Loan has an original principal balance greater than $10,000,000, the entire amount of such costs and expenses, but only in the event such costs and expenses exceed a threshold of $25,000. In the case of each of clauses (i) and (ii) above in this definition, in the event the subject costs and expenses do not exceed the required threshold stated in the subject clause, the "Covered Costs" shall be $0.
Covered Costs means, with respect to any Trust Mortgage Loan and any related costs and expenses that the Depositor or the UBS Mortgage Loan Seller, as applicable, are otherwise required to pay pursuant to Section 2.03(d), (i) if such Trust Mortgage Loan has an original principal balance equal to or less than $10,000,000, the entire amount of such costs and expenses, but only in the event such costs and expenses exceed a threshold of $10,000 and (ii) if such Trust Mortgage Loan has an original principal balance greater than $10,000,000, the entire amount of such costs and expenses, but only in the event such costs and expenses exceed a threshold of $25,000. In the case of each of clauses (i) and (ii) above in this definition, in the event the subject costs and expenses do not exceed the required threshold stated in the subject clause, the "Covered Costs" shall be $0.
Covered Costs means those costs for which the Commission is responsible under the HRBT PAFA.
Examples of Covered Costs in a sentence
Supple- mentary Certifications of Covered Costs shall include a Claim Report and a certification as described in this sec- tion.
The covered costs shall be paid to the sponsor designated on the Certification of Covered Costs required by § 950.23, or to the sponsor’s assignee as permitted by § 950.13(h).
If the total amount of the covered costs due to a sponsor under the Standby Support Contract has not been determined at the time the Cer- tification of Covered Costs has been filed, the sponsor shall file monthly, or on a schedule otherwise determined by the Claims Administrator, Supple- mentary Certifications of Covered Costs updating the amount of the cov- ered costs owed to the sponsor.
In such case the Supplement will be updated to disclose the maximum fee payable by Shareholders in respect of the elements of Covered Costs (where disclosure of fee arrangements is required) and reasonable notice will be given to Shareholders prior to implementation of this change of policy.
The sponsor shall file a Certification of Covered Costs and thereafter such Sup- plementary Certifications of Covered Costs as may be necessary to receive payment under the Standby Support Contract for covered costs.
More Definitions of Covered Costs
Covered Costs means, with respect to any Trust Mortgage Loan and any related costs and expenses that the Depositor (in the case of a Xxxxxx Trust Mortgage Loan) or the related Unaffiliated Mortgage Loan Seller (in the case of a Non-Xxxxxx Trust Mortgage Loan), as applicable, are otherwise required to pay pursuant to Section 2.03(d) or the related Mortgage Loan Purchase Agreement, as applicable, (i) if such Trust Mortgage Loan has an original principal balance equal to or less than $10,000,000, the entire amount of such costs and expenses, but only in the event such costs and expenses exceed a threshold of $10,000, and (ii) if such Trust Mortgage Loan has an original principal balance greater than $10,000,000, the entire amount of such costs and expenses, but only in the event such costs and expenses exceed a threshold of $25,000. In the case of each of clauses (i) and (ii) above in this definition, in the event the subject costs and expenses do not exceed the required threshold stated in the subject clause, the "Covered Costs" shall be $0.
Covered Costs means the following costs that were actually incurred as a result of a Covered Event, are established by reasonable contemporaneous or third-party documentation sufficient to establish the Covered Event and the Covered Cost, and for which the Class Member has not already been compensated:
Covered Costs means the tuition, fees and similar payments and the cost of books paid for or incurred by a Participant in taking an Educational Course. Such term shall not include the costs of any tools or supplies purchased by a Participant or the cost of meals, lodging or transportation incurred by a Participant incidental to taking an Educational Course.
Covered Costs means the recurrent costs of activities within PAs to ensure that natural habitats remain intact and wildlife populations remains at least stable, and to ensure that the purposes of a particular PA category are fulfilled. By way of example, Covered Costs include:
Covered Costs means the tuition, fees and similar payments and the cost of books paid for or incurred by a Participant in the Program. Covered Costs shall not include the cost of any tools or supplies purchased by a Participant or the cost of meals, lodging or transportation incurred by Participant incidental to the Program.
Covered Costs means, with respect to any Trust Mortgage Loan and any related costs and expenses that the Depositor or the UBS Mortgage Loan Seller, as applicable, are otherwise required to pay pursuant to Section 2.03(d) or the UBS/Depositor Mortgage Loan Purchase Agreement,
Covered Costs means all reasonable fees and expenses of counsel, experts and other advisors, including, without limitation, reasonable attorneys’ fees, retainers, court costs, witness fees, travel expenses, and all other reasonable disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, or otherwise participating in, any threatened, pending or completed action, suit or proceeding, including, without limitation, any appeals, whether administrative or arbitrative and whether formal or informal, together with any and all damages, judgments, settlements, penalties, fines or other amounts assessed against Executive or for which Executive may be held liable. “Covered Claim” means any and all claims, actions, suits or proceedings, whether actual, threatened, pending or completed arising from or relating to any alleged breach of any agreement between Executive and the Former Employer and/or any of its parents, subsidiaries, divisions, or affiliates as a result of Executive’s employment by, and/or contracting with, the Company, Acadia or their Affiliates, including, but not limited to, the Former Employer Covenants, provided that a Covered Claim shall not apply to any willful or grossly negligent breach of the Former Employer Covenants by Executive.