Cover definition
Examples of Cover in a sentence
Cover (a) Nothing in this Deed shall prevent any Issuing Bank, Guarantee Facility Provider or Ancillary Lender taking any Enforcement Action in respect of any Authorised Credit Facility Cash Cover permitted under an Authorised Credit Facility relating to: (i) any 16 164457054_19 Ancillary Facility; (ii) any Letter of Credit issued by an Issuing Bank; or (iii) any guarantee issued pursuant to a Guarantee Facility.
If any Monthly Cover Costs are due to ▇▇▇▇, ▇▇▇▇ shall promptly communicate such determination to the Company and, subject to any mitigation of such costs actually achieved by the Transaction Parties, include the calculation of such amount in the Monthly True-Up Amount documentation and such Monthly Cover Costs shall be incorporated as a component of the Monthly True-Up Amount due for such period.