Insured Portion definition
Examples of Insured Portion in a sentence
The reduction shall be proportionate to the extent that these items are attributable to the Insured Portion of the Investment.
Employee has purchased a credit insurance policy to insure himself against any loss with respect to the excess of the 50% Supplemental Pension over the Company Insured Portion.
Subject to the terms and conditions hereof, and in the manner provided herein, the Authority agrees to pay to the Bank and to any assigns of the Bank permitted by Section 10.1 hereof, from the Industrial Development Fund, the Insured Portion of the Debt.
Aggregate compensation under this Contract for Covered Property to be compensated at Historical Cost shall not exceed an amount equal to the lesser of (a) the Insured Portion of the Book Value of the Investment and (b) the Investor's Share of the Expected Monetary Value of the Reserves.
Compensation paid by OPIC shall not exceed (a) the lesser of (i) the Maximum Aggregate Compensation Liability on the applicable Subsequent Payment Date referred to in the applicable Completed Application and (ii) the Insured Portion of the Subsequent Scheduled Payment referred to in the applicable Completed Application, plus (b) Default Interest (Section 3.01.2(c)).