Share Cover definition
Share Cover at any point in time, the ratio (expressed as a decimal fraction) between (i) the aggregate value of the Gold Fields Shares calculated using the 5 Day VWAP as at such point in time to (ii) the aggregate Redemption Amount that would be payable if all the Preference Shares were to be redeemed at such point in time;
Share Cover means an assessment of the value of Texton Shares to the PIC Loan Balance. Calculated by dividing the PIC Loan Balance by the fair value of the Texton Shares at the time of calculation;