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.
Sample 1Sample 2Sample 3
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

  • If the Guarantee Holder or the Project Enterprise receives any compensation or other financial benefit from the Host Government or any other source for a Scheduled Payment for which compensation has been paid by MIGA, it shall hold the Percentage of Cover of the compensation amount or other financial benefit received in trust for the benefit of MIGA, and the Guarantee Holder shall, or shall cause the Project Enterprise to, promptly pay such amount to MIGA.

  • Subject to Articles 7, 8, 9, and 10, compensation for a Loss Caused by War and Civil Disturbance is the Percentage of Cover of the Scheduled Payment due and unpaid as of the Date of Loss.

  • Subject to Articles 7, 8, 9, and 10, compensation for a Loss Caused by Expropriation is the Percentage of Cover of the Scheduled Payment due and unpaid as of the Date of Loss; provided, however, that with respect to Expropriation of Collateral Rights only, such amount shall not exceed the realizable value as of the Date of Loss of all Collateral of which the Guarantee Holder was deprived.


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

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

  • 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.

  • 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 the yard extending across the full width of the lot between the front lot line and the nearest part of any building or structure on the lot.

  • Enrollee point-of-service cost-sharing means amounts paid to

  • 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.