Negative Delta definition
Negative Delta shall have the meaning set forth in Section 7.
Examples of Negative Delta in a sentence
No claim may be made pursuant to Section 7(a) with respect to a given Indemnity Event, unless either (i) the Negative Delta resulting from such event exceeds One Hundred Thousand Dollars (US$100,000), or (ii) such Negative Delta, when added to the Negative Delta resulting from earlier events as to which an indemnity pursuant to Section 7(a) has not been satisfied, exceeds Two Hundred Fifty Thousand Dollars (US$250,000).