Uncovered Amount Sample Clauses

Uncovered Amount. You shall keep for your own account any portion of the Debt excluded from cover under article 1.2 above or for which no indemnification is due by Us pursuant to article 3.2.1 below. Such portion may not be insured or covered separately by any third party, except with our prior written consent.
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Uncovered Amount. You shall keep for your own account any portion of the Debt excluded from cover under article 1.2 above or for which no indemnification is due by Us pursuant to article 3.2.1 below. Such portion may not be insured or covered separately by any third party, except with our prior written consent. Definitions Contract: the credit-insurance contract concluded between the legal entities identified herein as Contracting Parties and which includes these General Terms, the Special Terms, the Questionnaire and any additional document listed in the Special Terms. Credit Decision : decision which is set pursuant to the Special Terms and determines the maximum covered amount of your Outstanding in respect of a given Buyer, if any. / ARTICLE 3 : INDEMNIFICATION
Uncovered Amount. You shall keep for your own account any portion of the Debt excluded from cover under article
Uncovered Amount. You shall keep for your own account any portion of the Debt excluded from cover under article 1.2 above or for which no indemnification is due by Us pursuant to article 3.2.1 below. Such portion may not be insured or covered separately by any third party, except with our prior written consent. / ARTICLE 3 : INDEMNIFICATION Definitions Credit Decision : decision which is set pursuant to the Special Terms and determines the max- imum covered amount of your Outstanding in respect of a given Buyer, if any. Credit Limit: type of Credit Decision set by Us, as per article 2.1. of the Special Terms. Debt: amount of one or more invoices owed by the Buyer under a Sales Contract and which falls within the scope of our cover as defined in article 1.1.1 above.

Related to Uncovered Amount

  • Maximum Accumulation Maximum accumulation amounts apply only to the amount of annual leave that may be carried over from one leave year to the next, and do not limit accumulated leave balances during the leave year.

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