Coverage Assets definition

Coverage Assets means those funds or liquid assets available to CIPF for the protection of customers of the New SRO Members.
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Coverage Assets means all accounts receivable (excluding any intercompany accounts receivable) and all inventory of the Borrower and its Domestic Subsidiaries; provided that for purposes of calculating the Asset Coverage Amount, the net book value of inventory constituting Coverage Assets shall not, at any time, exceed $170,000,000.
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Coverage Assets means all accounts receivable (excluding any intercompany accounts receivable) and all inventory of the Borrower and its Consolidated Subsidiaries other than accounts receivable and inventory of the Canadian Borrower or any Consolidated Subsidiary of the Canadian Borrower.
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Examples of Coverage Assets in a sentence

  • The Trust shall be required to have, as of each Valuation Date, Dividend Coverage Assets with respect to each share of RP having a Discounted Value not less than the Dividend Coverage Amount with respect to such share.

  • The Trust shall be required to have, as of each Valuation Date, Dividend Coverage Assets with respect to shares of RP of each then outstanding Dividend Period having a Discounted Value not less than the Dividend Coverage Amount with respect to shares of such Dividend Period.

  • Moody's and S&P have confirmed to the Trust that the deletion of the definitions of the terms "Dividend Coverage Amount," "Dividend Coverage Assets" and "Minimum.

  • The Trust shall be required to have, as of each Valuation Date, Dividend Coverage Assets with respect to shares of RP of each then outstanding Dividend Period having a Discounted Value not ,less than the Dividend Coverage Amount with respect to shares of such Dividend Period.

  • Article 12, Section 12.1, Part I, paragraph 1 of the Bylaws is hereby amended by deleting the definitions of the terms Dividend Coverage Amount, Dividend Coverage Assets and Minimum Liquidity Level set forth therein; 2.

  • Moodys and S&P have confirmed to the Trust that the deletion of the definitions of the terms Dividend Coverage Amount, Dividend Coverage Assets and Minimum.

  • The Corporation shall, by such fifth Business Day, provide to the Auction Agent a Certificate of Minimum Liquidity setting forth the calculations of the Interest and Dividend Coverage Assets and the Interest and Dividend Coverage Amount and showing that the Minimum Liquidity Level is met as of such fifth Business Day together with a report of the custodian of the Corporation's assets confirming the amount of the Corporation's Interest and Dividend Coverage Assets as of such fifth Business Day.

  • The calculations of the Dividend Coverage Assets, the Dividend Coverage Amount and whether the Minimum Liquidity Level is met shall be set forth in a certificate (a "Certificate of Minimum Liquidity") dated as of the Valuation Date and deliverable to S&P as provided herein.

  • The Trust shall, by such fifth Business Day, provide to S&P a Certificate of Minimum Liquidity setting forth the calculations of the Dividend Coverage Assets and the Dividend Coverage Amount and showing that the Minimum Liquidity Level is met as of such fifth Business Day together with a report of the custodian of the Trust's assets confirming the amount of the Trust's Dividend Coverage Assets as of such fifth Business Day.

  • Dividend Coverage Assets, as of any Valuation Date, means, with respect to each share of RP, Deposit Securities with maturity or tender payment dates not later than the day preceding the Business Day following the first Dividend Reset Date for such share that follows such Valuation Date and having a value not less than the Dividend Coverage Amount with respect to such share.


More Definitions of Coverage Assets

Coverage Assets means all accounts receivable (excluding any intercompany accounts receivable) and all inventory of the Borrower and its Domestic Subsidiaries.
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Coverage Assets means (a) the Frequent Flyer Program Assets of the Issuers and the Guarantors, (b) the Cargo Business Assets of the Issuers and the Guarantors, (c) Intellectual Property constituting Collateral, (d) Pledged Slots, Pledged Routes and Pledged Gate Leaseholds, in each case held at Eligible Airports and (e) any Additional Collateral not covered by the foregoing clauses.
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Coverage Assets means (a) the Frequent Flyer Program Assets of the Issuer and the Guarantors, (b) the Cargo Business Assets of the Issuer and the Guarantors, (c) Intellectual Property constituting Collateral, (d) Pledged SGR, in each case held at Eligible Airports and (e) any Additional Collateral not covered by the foregoing clauses; provided that in the case of clauses (b), (c) and (d) of this definition, the “Coverage Assets” shall not include any Released Assets or any Cargo Business Assets excluded from the definition hereof pursuant to Section 4.26(d).
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Coverage Assets means the total assets of the Loan Parties (determined on a non-consolidated basis for each Loan Party) to the extent included in the calculation of the Consolidated Total Assets of the Company and its Subsidiaries.
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Coverage Assets. “Coverage EBITDA”, “EBITDA”, “Excess Cash Flow”, “Indebtedness” “Net Cash Proceeds” and “Working Capital”, generally accepted accounting principles in the United States of America in effect on the Closing Date (notwithstanding any changes permitted pursuant to Section 8.13), and, for all other purposes under this Agreement, generally accepted accounting principles in the United States of America in effect from time to time.
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Coverage Assets means (a) the Frequent Flyer Program Assets of the Loan Parties,
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Related to Coverage Assets

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Asset Coverage Test has the meaning given to it in Schedule 2 of the Guarantor Agreement;

  • Coverage Area means the area described in the Website for which Nearmap has available Products, which may cover part or all of that area and which may cover part (but not all) of the area covered by the Survey.

  • Consolidated Asset Coverage Ratio means the ratio, determined on a consolidated basis for Borrower and its Subsidiaries, without duplication, of (a) the value of total assets of the Borrower and its Subsidiaries, less all liabilities and indebtedness not represented by senior securities to (b) the aggregate amount of senior securities representing indebtedness of Borrower and its Subsidiaries (including this Agreement), in each case as determined pursuant to the Investment Company Act and any orders of the Securities and Exchange Commission issued to or with respect to Borrower thereunder, including any exemptive relief granted by the Securities and Exchange Commission with respect to the indebtedness of any SBIC Subsidiary.

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are stock, including all Outstanding Series B Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.