Security Coverage definition

Security Coverage means the ratio of the value of the Eligible Marketable Securities to the outstanding Revolving Advances.
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Security Coverage means the period of time set out in Item 5 of the Customer Details used to calculate the Initial Security Amount. Services means Water Distribution Services and Related Services.
Sample 1
Security Coverage means the period of time set out in Item 5 of the Customer Details used to calculate the Initial Security Amount.
Sample 1

Examples of Security Coverage in a sentence

  • Billing Interval 3 monthly Security The Initial Security Amount is for an amount of $[INSERT] being the [[Fixed Charges][OR][Sunwater's reasonable estimate of the Distribution Charges][NOTE: INCLUDE ONLY FOR NEW MAREEBA CUSTOMERS: and Access Charge where a Regulated Charge]] at the rates as at the Commencement Date for the first [INSERT] complete months (such period being the Security Coverage) after the Commencement Date.


More Definitions of Security Coverage

Security Coverage means, at any time, the percentage calculated in accordance with the formula: Security Coverage [Missing Graphic Reference] Where:
Sample 1