Covered Percentage definition

Covered Percentage means the percentage or percentages shown in the SCHEDULE OF BENEFITS.
Covered Percentage has the meaning set forth in Section 8.3.4.
Covered Percentage means the percentage identified under the heading “Covered Percentage” in the Guarantee Agreement.

Examples of Covered Percentage in a sentence

  • You should maintain a Margin Covered Percentage of at least 100% at all times.

  • By: /s/ ▇▇▇▇ ▇▇▇ Its: Chair, Human Resources Committee Plan Name:Executive Medical & Dental Plan1 Effective Date: August 1, 2005 Medical & Dental Benefits: Covered Percentage 100 % Medical Individual Lifetime Maximum $3,000,000 / Family Dental Individual Maximum Per Calendar Year $250,000 / Family Eligibility Eligible Employees ü ü All eligible Employees of the Employer who are enrolled in the Executive Medical & Dental Plan.

  • Where this action does not result in Margin Covered Percentage moving above the Margin Close Out Level, we shall then start the process of closing all your open trades in Instruments that are available for trading at that time.

  • FOR YOUR QUALIFIED DEPENDENT CHILDREN YOUNGER THAN AGE The amount payable is the Covered Percentage of the Reasonable Charge forthe coveredorthodontic services after satisfaction of the Lifetime Deductible, up to the Lifetime Maximum shown in the Summary of Benefits.

  • FOR YOUR QUALIFIED DEPENDENT CHILDREN YOUNGER THAN AGE The amount payable is the Covered Percentage of the Reasonable and Customary Charge for the covered orthodontic services after satisfaction of the Lifetime Deductible, up to ?he Lifetime Maximum shown in the Summary of Benefits.

  • MARGIN CLOSE OUT LEVEL (STOP OUT) Stop Out Level is when your Margin Level falls to a specific percentage (%) level in which all your open positions are closed automatically (“liquidated”) If your Margin Covered Percentage is at or below the Margin Close Out Level, this is an Event of Default under our Terms of Business, and we will be entitled to cancel any of your working Orders and/or close all or any of your open trades without notice to you.

  • Margin Close out Level (Stop Out) Stop Out Level is when your Margin Level falls to a specific percentage (%) level in which all your open positions are closed automatically (“liquidated”) If your Margin Covered Percentage is at or below the Margin Close Out Level, this is an Event of Default under our Terms of Business, and we will be entitled to cancel any of your working Orders and/or close all or any of your open trades without notice to you.

  • BASIC SERVICES are shown in the List of Dental Services Covered Percentage Basic Services 80% Deductible Nil Fee Guide Fee Guide for General Practitioners or any Specialist's Fee Guide approved by the dental association, in the province where the service is rendered, using the guide in effect on the date the service is rendered, minus one year.


More Definitions of Covered Percentage

Covered Percentage means the percentage yielded by dividing (a) the Covered Units by (b) the aggregate number of Covered Units, Class A-3 Units, Class B-3 Units, and Class B-4 Units.
Covered Percentage means the benefit percentage of Covered Expenses payable by the Plan for benefits that are provided under the Plan. The Coinsurance is applied to Covered Expenses after the deductible(s) has been met, if applicable.
Covered Percentage means the percentage or percentages shown in the BENEFITS AT A GLANCE.
Covered Percentage means the percentage of the Eligible Expense that is payable as a benefit under this Policy.

Related to Covered Percentage

  • Required Percentage As of any Distribution Date following the Stepdown Date, the quotient of (1) the excess of (A) the Stated Principal Balances of the Mortgage Loans as of such Distribution Date, over (B) the Certificate Principal Balance of the most senior Class of Certificates outstanding as of such Distribution Date, prior to giving effect to distributions to be made on such Distribution Date and (2) the Stated Principal Balance of the Mortgage Loans as of such Distribution Date.

  • Invested Percentage means, with respect to any Series of Notes, the percentage specified in the applicable Series Supplement.

  • Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount of the Aggregate Commitment actually disbursed and outstanding to Borrower by such Lender at such time, and the denominator of which is the total amount of the Aggregate Commitment disbursed and outstanding to Borrower by all of the Lenders at such time.

  • Vested Percentage means the sum of the following percentages: (i) 2% multiplied by your Years of Service, plus (ii) 8% multiplied by the number of Years you have been designated a participant in the Plan; provided, however, (w) prior to completing five Years of Service the Vested Percentage is 0,(x) on or prior to your fiftieth birthday your Vested Percentage may not exceed 50%, (y) on or prior to each of your birthdays following your fiftieth birthday your Vested Percentage may not exceed the sum of 50% plus the product obtained by multiplying 5% by the number of birthdays that have occurred following your fiftieth birthday, and (z) your Vested Percentage in no event may exceed 100%.

  • Grandfathered Percentage means, with respect to any Grandfathered Person, the percentage of the outstanding shares of Common Stock of the Company that such Grandfathered Person, together with all Affiliates and Associates of such Grandfathered Person, Beneficially Owns as of the Grandfathered Time, plus an additional 1/2%; provided, however, that, in the event any Grandfathered Person shall sell, transfer, or otherwise dispose of any outstanding shares of Common Stock of the Company after the Grandfathered Time, the Grandfathered Percentage shall, subsequent to such sale, transfer or disposition, mean, with respect to such Grandfathered Person, the lesser of (i) the Grandfathered Percentage as in effect immediately prior to such sale, transfer or disposition or (ii) the percentage of outstanding shares of Common Stock of the Company that such Grandfathered Person Beneficially Owns immediately following such sale, transfer or disposition, plus an additional 1/2%.