Percentage of Cover definition

Percentage of Cover means such percentage of each Loss for which the Guarantee Holder may seek compensation under this Contract specified in Clause 9A of the Special Conditions.
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Percentage of Cover means such percentage of each Loss for which the Guarantee Holder is entitled to compensation under the Contract specified in Clause 9A of the Special Conditions.
Sample 1Sample 2Sample 3
Percentage of Cover means such percentage of each Loss for which the Guarantee Holder is entitled to compensation under this Contract specified in Clause 9A of the Special Conditions.
Sample 1Sample 2Sample 3

Examples of Percentage of Cover in a sentence

  • Subject to Articles 8, 9 and 10, compensation payable under Expropriation shall be the Percentage of Cover of the Scheduled Payment in default, calculated as of the Date of Loss.

  • Prior to or simultaneously with payment of compensation for a Loss, the Guarantee Holder shall, or shall cause the Project Enterprise to, assign and transfer to and for the benefit of MIGA, free and clear of any claim, defense, counterclaim, right of set off, liens or other encumbrances, the Percentage of Cover of the Guarantee Holder’s right, title and interest, including all rights to security associated therewith, in the Scheduled Payment for which compensation is to be paid.

  • Prior to or simultaneously with payment of compensation for a Loss, the Guarantee Holder shall or shall cause the Project Enterprise to assign and transfer to and for the benefit of MIGA, free and clear of any claim, defense, counterclaim, right of set off, liens or other encumbrances, the Percentage of Cover of the Guarantee Holder’s interest in the rights and causes of action under the Award or, in the case of an Award in favor of the Project Enterprise, the Guarantee Xxxxxx’s pro-rata interest therein.

  • Prior to or simultaneously with payment of compensation for a Loss, the Guarantee Holder shall in accordance with MIGA’s instructions assign and transfer to and for the benefit of MIGA, free and clear of any claim, defense, counterclaim, right of set off, liens or other encumbrances, the Percentage of Cover of the Guarantee Holder’s right, title and interest, including all rights to security associated therewith, in the Scheduled Payment for which compensation is to be paid.

  • Subject to Articles 8, 9 and 10, compensation payable under War and Civil Disturbance shall be the Percentage of Cover of the amount of the Scheduled Payment that is in default as of the Date of Loss.

  • The Percentage of Cover is: Commercial Risk 95% Political Risk 95% For the avoidance of doubt, the Buyer Credit Guarantee does not cover the Hermes Loan or the FEC Loan (as defined in the Credit Agreement).

  • Subject to Articles 8, 9 and 10, compensation for War and Civil Disturbance shall be the Percentage of Cover of the due but unpaid Guaranteed Reimbursement Amounts as of the Date of Loss.

  • Subject to Articles 8, 9 and 10, compensation for Expropriation shall be the Percentage of Cover of the due but unpaid Guaranteed Reimbursement Amounts, calculated as of the Date of Loss.

  • Prior to or simultaneously with payment of compensation for a Loss, the Guarantee Holder shall, or shall cause the Project Enterprise to, assign and transfer to and for the benefit of MIGA, free and clear of any claim, defense, counterclaim, right of set off, liens or other encumbrances, the Percentage of Cover of the Guarantee Holder's right, title and interest, including all rights to security associated therewith, in the Guaranteed Reimbursement Amounts for which compensation is to be paid.

  • Prior to or simultaneously with payment of compensation for a Loss, the Guarantee Holder shall in accordance with MIGA's instructions assign and transfer to and for the benefit of MIGA, free and clear of any claim, defense, counterclaim, right of set off, liens or other encumbrances, the Percentage of Cover of the Guarantee Holder's right, title and interest, including all rights to security associated therewith, in the Guaranteed Reimbursement Amounts for which compensation is to be paid.


More Definitions of Percentage of Cover

Percentage of Cover means such percentage of the loss for which the Beneficiary is entitled to indemnification where a loss event occurs. ③ The details of the Indemnifiable Loss and the indemnity proceeds could be specified in the Comprehensive Agreement executed under Article 9 (Execution of Comprehensive Agreement).
Sample 1
Percentage of Cover means such percentage of each Loss for which the Policyholder is entitled to compensation under the Insurance Policy specified in Clause 9(A) of the Special Conditions.
Sample 1

Related to Percentage of Cover

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Period of Cover means the duration of Your cover as stated in Your Policy Documents.

  • Levels of cover means cover is available for either hospital treatment, general treatment or combined hospital and general treatment.

  • Percentage Ownership means, as to any Stockholder and as of any date, the percentage equal to (i) the aggregate number of shares of Common Stock held by such Stockholder on a fully diluted as-converted basis divided by (ii) the total number of outstanding shares of Common Stock of the Company on a fully diluted, as-converted basis.

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Outline of coverage means a summary that explains an accident and health insurance policy.

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurodollar Margin for Revolving Loans in effect on such date.

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Front Yard means a yard extending across the full width of a lot between the front lot line of the lot and the nearest wall of the nearest main building or structure on the lot;

  • Tenant’s Percentage Share means the percentage specified in the Basic Lease Information.

  • Class B Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class B Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of the close of business on such day; provided, however, that with respect to the first Monthly Period, the Class B Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class A Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of such day; provided, however, that with respect to the first Monthly Period, the Class A Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Collateral Floating Percentage means, with respect to any Distribution Date, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Collateral Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is the Adjusted Invested Amount as of the close of business on such last day; provided, however, that with respect to the first Monthly Period, the Collateral Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including the last day of the third full calendar month following the Closing Date, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled “Level II”: I > 50% of the Maximum Revolver Amount 0.375 percentage points II ≤ 50% of the Maximum Revolver Amount 0.50 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each month by Agent.

  • Percentage Share means, when used:

  • Tenant’s Percentage 3.13% which is based on the 2,440 Rentable Square Feet (RSF) the Premises over the total RSF of the Building and shall be adjusted if the RSF of the Building shall increase or decrease.

  • Enrollee point-of-service cost-sharing or "cost-sharing" means amounts paid to health carriers directly providing services, health care providers, or health care facilities by enrollees and may include copayments, coinsurance, or deductibles.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Sharing Percentage means, with respect to any Member, a percentage, expressed as a fraction the numerator of which is the number of Units held by such Member and the denominator of which is the aggregate number of Units held by all Members.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.