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Common use of Collateral Coverage Amount Clause in Contracts

Collateral Coverage Amount. The Total Outstandings shall not exceed the Collateral Coverage Amount.

Appears in 6 contracts

Sources: Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

Related Clauses

  • Collateral Coverage Ratio
  • Special Coverages
  • Cash Flow Coverage Ratio
  • Collateral Covenants
  • Additional Coverage

Parent Clauses

  • CONDITION TO ALL CREDIT EXTENSIONS
  • Financial Covenants
  • CONDITIONS TO ALL LETTER OF CREDIT ISSUANCES
  • Conditions to Loans
  • Conditions Precedent to Delayed Draw Term Loans
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